JPMorgan Chase & Co. Forecasts Strong Price Appreciation for LPL Financial (NASDAQ:LPLA) Stock

LPL Financial (NASDAQ:LPLA) had its price target hoisted by research analysts at JPMorgan Chase & Co. from $433.00 to $439.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 20.44% from the company’s current price.

Other equities analysts have also issued research reports about the company. Wolfe Research set a $478.00 target price on LPL Financial in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of LPL Financial in a report on Wednesday. TD Cowen reduced their target price on shares of LPL Financial from $399.00 to $378.00 and set a “hold” rating for the company in a research note on Friday. Morgan Stanley reduced their price target on LPL Financial from $462.00 to $447.00 and set an “overweight” rating for the company in a research report on Monday, December 22nd. Finally, Barclays reduced their price objective on shares of LPL Financial from $444.00 to $434.00 and set an “overweight” rating for the company in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $427.69.

LPL Financial Stock Up 0.5%

NASDAQ:LPLA opened at $364.50 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.60 and a current ratio of 2.60. LPL Financial has a 52-week low of $262.83 and a 52-week high of $403.58. The company has a market cap of $29.17 billion, a price-to-earnings ratio of 33.11, a P/E/G ratio of 0.78 and a beta of 0.57. The stock’s fifty day moving average price is $366.24 and its two-hundred day moving average price is $358.30.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings data on Thursday, January 29th. The financial services provider reported $5.23 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.41. The firm had revenue of $4.93 billion during the quarter, compared to analyst estimates of $4.90 billion. LPL Financial had a return on equity of 35.99% and a net margin of 5.08%.The company’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the company earned $4.25 earnings per share. On average, analysts anticipate that LPL Financial will post 19.35 EPS for the current year.

Insiders Place Their Bets

In other news, Director Greg Gates sold 1,500 shares of LPL Financial stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $376.43, for a total transaction of $564,645.00. Following the completion of the sale, the director owned 15,370 shares of the company’s stock, valued at approximately $5,785,729.10. This trade represents a 8.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Aneri Jambusaria sold 80 shares of LPL Financial stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $352.48, for a total transaction of $28,198.40. Following the completion of the sale, the director owned 5,502 shares of the company’s stock, valued at $1,939,344.96. This trade represents a 1.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,388 shares of company stock worth $2,747,538 in the last 90 days. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On LPL Financial

Hedge funds have recently bought and sold shares of the company. Capital World Investors increased its position in LPL Financial by 15,960.1% in the 3rd quarter. Capital World Investors now owns 2,628,551 shares of the financial services provider’s stock valued at $874,493,000 after acquiring an additional 2,612,184 shares during the period. Dodge & Cox boosted its position in LPL Financial by 77.3% during the second quarter. Dodge & Cox now owns 2,701,709 shares of the financial services provider’s stock valued at $1,013,060,000 after acquiring an additional 1,178,249 shares during the last quarter. M&T Bank Corp grew its stake in LPL Financial by 27,955.5% during the fourth quarter. M&T Bank Corp now owns 1,141,019 shares of the financial services provider’s stock worth $407,538,000 after purchasing an additional 1,136,952 shares during the period. Norges Bank acquired a new stake in shares of LPL Financial during the 2nd quarter worth approximately $402,312,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in LPL Financial by 61.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,442,182 shares of the financial services provider’s stock worth $915,745,000 after purchasing an additional 926,122 shares during the period. 95.66% of the stock is owned by institutional investors.

LPL Financial News Summary

Here are the key news stories impacting LPL Financial this week:

• Positive Sentiment: Analysts at Jefferies raised their price target to $440 and reiterated a Buy rating, signaling ~21% upside vs. the current price — a near-term catalyst for demand. Jefferies Raises Target
• Positive Sentiment: JPMorgan boosted its target to $439 and kept an Overweight rating, another institutional endorsement supporting the rally. JPMorgan Raises Target
• Positive Sentiment: Q4 results beat consensus: adjusted EPS $5.23 (vs. $4.82 est.) and revenue $4.93B (vs. $4.90B). LPL reported record total advisory & brokerage assets (~$2.4T) and declared a $0.30 quarterly dividend — fundamentals that support valuations and analyst optimism. Q4 Results
• Neutral Sentiment: Management commentary and the Q4 call/transcript emphasize integration progress (Commonwealth, Atria) and recruiting priorities — constructive long-term but worth watching for execution and retention metrics. Earnings Deep Dive
• Negative Sentiment: Street caution on 2026 expense outlook: LPL guided materially higher Core G&A when including Commonwealth integration costs (2026 core G&A including Commonwealth: $2,155–2,210M). That guidance and large acquisition-related costs prompted investor concern and was cited as a reason for share weakness right after the print. Expense Outlook Weighs
• Negative Sentiment: TD Cowen trimmed its target to $378 and moved to a Hold — a sign some analysts are less comfortable with near-term margin/expense risk despite the beat. TD Cowen Lowers Target
• Negative Sentiment: Post-earnings coverage highlights that rising expenses and acquisition/integration costs overshadowed the top-line beat for some investors, creating short-term volatility risk. Costs Rise Despite Beat

About LPL Financial

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.