2026Oct
LPLA Oct 2026 · Strong Buy
We assign a Strong Buy rating to LPL Financial Holdings Inc. (LPLA) with a house Fair value of $598.11 per share, presenting 79.94% upside relative to the October 6, 2026 market price of $332.39. While investor apprehension regarding regulatory scrutiny over client cash sweep yields has depressed LPLA's forward price-to-earnings multiple to 10.88x, LPL's massive $2.56 trillion custodial base, resilient 97.4% asset retention rate, and $435 million in projected run-rate EBITDA accretion from Commonwealth Financial Network establish an exceptionally favorable risk/reward profile.Latest published research · analyzed 2026-10-07 · current · sources aging