UBS Sees Strong Cash Generation and Capital Growth at Charles Schwab (SCHW)

Group 1 - The Charles Schwab Corporation (NYSE:SCHW) is one of the largest publicly traded asset managers [1] - UBS raised its price target for Charles Schwab to $125 from $123 while maintaining a Buy rating, following Q4 2025 results that showed earnings per share in line with expectations but revenues slightly below expectations [1] - UBS increased its forecasts for 2026, 2027, and 2028 by approximately 2% due to strong guidance and key performance metrics such as cash generation and capital growth [3] Group 2 - UBS noted that management's guidance is conservative, indicating potential for growth across various categories [4] - UBS projects a 17% compound annual earnings-per-share growth rate for Charles Schwab through 2028, with additional growth opportunities not yet reflected in consensus projections [4] - The Charles Schwab Corporation engages in securities brokerage, wealth management, custody, asset management, and financial advisory services [5]