LPL Financial Holdings Inc.
LPLA
NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $28.7B
$359.33
▼ -0.31%
P/E
28.63
Mkt Cap
$28.7B
52-Wk Range
$260.15–$400.16
52-Week Range
$260.15 - $400.16
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 5.5% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Largest independent brokerage platform with significant scale and network effects
- Integrated technology platform reducing advisor operational costs and complexity
- Recurring revenue model from advisory fees and transaction volumes
- High switching costs due to embedded workflows and client relationships
- Regulatory expertise and compliance infrastructure serving thousands of advisors
Bear Case
1 risk
- Low volatility (beta 0.5).
Growth
Stable outlook
Organic growth from advisor recruitment and asset growth within existing advisor base
Value
Deep value opportunity - significant discount to Wealth & Trading Platforms peers
Momentum
Hot
+26.6% over 3m
Quality
Stable
Solid business
Dividend
Token
0.33% yield
Smart-money signal
Who's buying LPLA right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
JUL 30, 2026
Reported EPS of $5.84 vs $5.39 consensus (+8.3% surprise). Revenue of $5.2B vs $5.0B expected (+3.0%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+8.3%
Revenue trend · last 8Q
—
+32%
+29%
+30%
+46%
+44%
+35%
+35%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$3.0B
$3.4B
$3.7B
$3.8B
$4.6B
$4.9B
$4.9B
$5.2B
Margins · last 8Q
Gross
—
Operating
-12.5%
Profit
7.3%
Wall Street consensus
8 analysts · 63% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
63%
Hold
25%
Sell
13%
Median Price Target
—
Latest: TD Cowen · Sep 1, 2026
vs Industry
How LPLA stacks vs Financial - Capital Markets
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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