DailyIQ
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Sector:Financial ServicesAll sectors
Last updated 1 minute ago

LPLA·LPL Financial Holdings Inc.

$372.09
+9.46 (+2.61%)
After Hours
High
$372.28
Open
$362.63
Market Cap
28.55B
52W High
$400.16
Low
$362.63
P. Close
$372.09
P/E
28.36
52W Low
$260.15
Fwd P/E
12.14
DailyIQ Est.
-
Technical Score (1D)
95
BUY
News Sentiment
-
NO DATA
The integration of Paxel Financial Consulting adds roughly $300 million in advisory, brokerage and retirement plan assets to LPL’s client base, leveraging Private Advisor Group’s infrastructure and expanding the firm’s independent‑advisor footprint. This move should lift fee‑based advisory revenue and client assets, reinforcing the company’s earnings trajectory. LPL’s Q2 2026 earnings call confirmed record revenue and an adjusted EPS of $5.84, driven by a 10 % rise in total client assets to $2.6 trillion and 4 % organic net‑new assets. Management reiterated modest full‑year guidance but flagged rising interest rates and potential regulatory scrutiny as headwinds that could compress fee income. The firm also highlighted progress on Commonwealth integration, projected to generate $435 million in run‑rate EBITDA, and a $2.5 billion share‑repurchase program that signals confidence in valuation. Analyst upgrades from BMO, JP Morgan, Barclays, Keefe, and TD Cowen—all raising price targets—underscore market optimism about LPL’s fee‑growth prospects and operational execution. Recruiting momentum remains strong, with $25 B of recruited assets and a 35 % jump in Q2 recruited assets, supporting the projected mid‑ to high‑single‑digit organic growth in the second half of 2026. Investors should watch the integration timeline for Paxel advisors, the upcoming Q3 earnings release for updated fee‑growth guidance, and any regulatory developments that could impact fee structures or interest‑rate sensitivity. Additionally, monitoring the Commonwealth onboarding schedule and potential fee compression risks will be key to assessing LPL’s near‑term valuation sustainability.
Earnings Summary
LPL Financial Holdings Inc. is a leading provider of brokerage and advisory services in the U.S., serving independent financial advisors and institutional affiliates with a comprehensive platform that includes stocks, bonds, mutual funds, annuities, retirement and 529 plans, and fee‑based advisory tools. Operating in the capital markets sector, the firm has positioned itself as a key player in fee‑based wealth management, leveraging technology to streamline advisor operations and client portfolio management. In the most recent quarter with full data, Q1 2025, LPL reported an adjusted earnings per share of $5.15, surpassing the consensus estimate of $4.64, and generated $3.67 billion in revenue, indicating solid top‑line momentum. The following quarter, Q2 2026, saw EPS rise to $5.84 against an estimate of $5.51, while revenue of $5.05 billion fell slightly short of the $5.14 billion forecast, suggesting a modest revenue miss amid strong earnings. Over the two quarters with available figures, EPS growth of roughly 13 % and revenue growth of about 38 % illustrate a consistent earnings beat pattern, with the company exceeding analyst expectations in both periods. Historically, LPL has maintained a trajectory of EPS gains and revenue expansion, with recent quarters reinforcing a trend of outperforming estimates, though revenue has occasionally trailed guidance during periods of fee‑based growth acceleration. Recent news highlights from the Q2 2026 earnings call underscore fee‑based advisory revenue growth, a rise in client assets, and strategic platform upgrades, while BMO Capital’s upgrade to Outperform and a $390 price target signal analyst confidence; the firm also flagged rising interest rates and potential regulatory scrutiny as headwinds. Investors should watch the upcoming Q3 2026 earnings release for updates on Commonwealth integration timelines, any regulatory developments that could compress fee structures, and the impact of interest‑rate movements on fee‑income margins.

EPS

EstBeatMiss
$4.46$4.85$5.24$5.64$6.03Q1'25Q2'26Q1'26
QtrEstActual+/−
Q1'26$5.85 - -
Q2'26$5.51$5.84+6.0%
Q1'25$4.64$5.15+11.0%

Revenue

EstBeatMiss
$3.4B$3.9B$4.4B$4.9B$5.4BQ1'25Q2'26Q1'26
QtrEstActual+/−
Q1'26$5.1B - -
Q2'26$5.1B$5.0B-1.8%
Q1'25 - $3.7B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

LPLA Stock Snapshot

LPLA is currently trading at $372.11, giving LPL Financial Holdings Inc. a market cap of 28.55B and a P/E ratio of 28.4. Today's range spans $362.63–$372.28, with shares opening at $362.63 and moving up $0.02 (0.0%) from the prior close. DailyIQ's technical score sits at 95/100 (BUY).

Over the past year LPLA has traded between $260.15 and $400.16 - the current price is +43.0% off the 52-week low and -7.0% from the high.

LPLA carries a BUY signal on a 95/100 technical score, trades at $372.11 (in the upper portion of its 52-week range), and has neutral sentiment at -/100. At 28.55B in Financial Services market cap (P/E: 28.4), the name has scale without the index-anchor inertia of mega-cap peers - which means when the bullish momentum runs, the percentage move can be meaningfully larger. Annual range: $260.15–$400.16.

The combination of a BUY signal (95/100) and neutral news sentiment (-/100) puts LPLA on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 28.55B in Financial Services market cap without immediately moving the stock. At $372.11 (in the upper portion of its 52-week range in the $260.15–$400.16 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.

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