Schwab Stock Stabilizes at $110 Amid Crypto Expansion
Charles Schwab Corp.'s stock price has stabilized around $110 as of August 28, 2026, after the company announced its decision to expand its cryptocurrency trading offerings beyond Bitcoin and Ethereum.
The move includes adding Chainlink (LINK) and Solana (SOL) to its platform, which has seen a significant increase in demand. Chainlink's price jumped 6.3% to $11.39 on August 29, 2026, after Schwab announced access to LINK for its clients.
The expansion is expected to attract more retail and advisory clients to the platform, driving trading revenue and net interest income. Analysts' fair value estimates range from $108 to $125 per share, with an average target of $125, indicating a potential upside of around 17%.
Derivatives positioning suggests investors are willing to accumulate Schwab shares at an effective price of $107.35 while maintaining upside participation above $120.