Wall Street analyst estimates for LPL Financial Holdings Inc. (LPLA): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
LPL Financial Holdings Inc., operating through its subsidiaries, delivers an integrated ecosystem of brokerage and investment advisory solutions. These services are primarily aimed at independent financial professionals and advisors affiliated with financial institutions across the United States.
Consensus price target
$407.60 (+46 % vs price $279.54)
between $354.00 and $554.00 · 12 targets published in the last quarter
Closing price, Oct 29
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $20.8B | $20.6B – $21.1B | $23.40 | 13 |
| 2027E | $23.9B | $23.3B – $24.8B | $30.27 | 13 |
| 2028E | $26.8B | $25.8B – $27.9B | $35.98 | 10 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 17 |
| Hold | 9 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 27 |
| Avg rating (−2 sell to +2 buy) | 0.59 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-04 | $6.05 | ||
| 2026-10-27 | $5.97 | $5.66 | +5.5% |
| 2026-07-30 | $5.84 | $5.39 | +8.3% |
| 2026-04-30 | $5.60 | $5.48 | +2.2% |
| 2026-01-29 | $5.23 | $4.92 | +6.3% |
| 2025-10-30 | $5.20 | $4.49 | +15.8% |
| 2025-07-31 | $4.51 | $4.23 | +6.6% |
| 2025-05-08 | $5.15 | $4.68 | +10.0% |
Valuation Ratios
| P/E Ratio | 16.04 |
| Price / Book | 3.64 |
| EV / EBITDA | 8.71 |
| Dividend Yield | 0.45% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.05B | $4.28B | $5.19B | $5.62B | $5.87B | $7.72B | $8.60B | $10.05B | $12.39B | $16.99B |
| Cost of Revenue | $3.09B | $3.18B | $3.75B | $4.01B | $4.38B | $6.01B | $6.23B | $7.00B | $9.02B | $12.64B |
| Gross Profit | $957.7M | $1.10B | $1.44B | $1.62B | $1.49B | $1.71B | $2.37B | $3.05B | $3.37B | $4.35B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $353.1M | $385.3M | $456.2M | $465.4M | $484.1M | $621.3M | $1.16B | $856.2M | $1.04B | $2.48B |
| Operating Expenses | $563.7M | $603.9M | $723.4M | $741.1M | $762.2M | $983.6M | $1.13B | $1.42B | $1.70B | $2.06B |
| Operating Income | $394.0M | $494.0M | $717.7M | $875.0M | $731.8M | $730.1M | $1.24B | $1.63B | $1.67B | $2.28B |
| EBITDA | $508.0M | $594.0M | $865.6M | $1.03B | $908.9M | $936.4M | $1.53B | $1.99B | $2.11B | $2.18B |
| Interest Expense | $96.5M | $107.0M | $125.0M | $130.0M | $105.8M | $104.4M | $126.2M | $186.8M | $274.2M | $403.4M |
| Pre-tax Income | $297.5M | $364.6M | $592.6M | $741.8M | $626.1M | $601.3M | $1.11B | $1.44B | $1.39B | $1.15B |
| Income Tax | $105.6M | $125.7M | $153.2M | $182.0M | $153.4M | $141.5M | $266.0M | $378.5M | $334.3M | $286.5M |
| Net Income | $191.9M | $238.9M | $439.5M | $559.9M | $472.6M | $459.9M | $845.7M | $1.07B | $1.06B | $863.0M |
| EPS | $2.15 | $2.65 | $4.99 | $6.78 | $5.96 | $5.75 | $10.60 | $13.88 | $14.17 | $10.97 |
| EPS (Diluted) | $2.13 | $2.59 | $4.85 | $6.62 | $5.86 | $5.63 | $10.40 | $13.69 | $14.03 | $10.92 |
| Shares Outstanding (Diluted) | 90.0 M | 92.1 M | 90.6 M | 84.6 M | 80.7 M | 81.7 M | 81.3 M | 77.9 M | 75.4 M | 79.1 M |
Price
| Price | $279.54 (closing price, October 29, 2026) |
| Market Cap | $22.0B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Financial Services · Financial - Capital Markets
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