Upcoming Stock Splits in 2025

Upcoming stock splits

As of this writing in June 2025, few high-profile stock splits are scheduled for the near future. Just one notable split for a U.S. company is on the calendar for the next couple of months:

• Brokerage firm Interactive Brokers (NASDAQ:IBKR) is scheduled to complete a 4-for-1 split on June 18.

There has also been speculation that megacap technology stocks Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) could announce stock splits of their own in the not-too-distant future. Other stocks to watch for that could split in 2025 or soon after include:

• Credit rating and financial analytics company Fair Isaac (NYSE:FICO) hasn't split its stock since 2004. More than 20 years later, its shares are trading for around $1,800 in June 2025.
• Booking Holdings (NASDAQ:BKNG) did a reverse stock split in 2003 (back when it was known as Priceline.com) in the aftermath of the dot-com bubble. Every six shares investors owned at the time were consolidated into one share. Each share was worth more than $5,600 as of June 2025.
• Microsoft trades for about $470 per share in June 2025, which is a fraction of the price of the other two stocks on this list. However, the company has a history of splitting its stock and could be especially inclined to do so since it's part of the price-weighted Dow Jones Industrial Average.

Stock splits in 2024

A couple of notable stock splits have occurred over the past year or so:

• Palo Alto Networks (NASDAQ:PANW) underwent a 2-for-1 stock split on Dec. 16, 2024. Palo Alto's stock now trades on a split-adjusted basis, meaning shares traded on Dec. 16 for roughly half of their price on Dec. 15, and investors saw twice as many shares in their brokerage accounts.
• Tractor Supply Company (NASDAQ:TSCO) had a 5-for-1 stock split that took effect on Dec. 20, 2024. Investors then held four times as many shares as they had previously, with each share trading for about one-fifth of the share price prior to the split.
• Auto parts company O'Reilly Automotive (NASDAQ:ORLY) finalized a 15-for-1 stock split on June 10, 2025.

2024 was a fairly active year for stock splits, which is common in years when the stock market generally has a strong performance. Several high-profile stock splits made headlines. With that in mind, here's what you need to know about the most notable stock splits from 2024:

The massive retailer announced a 3-for-1 stock split in late January, which it completed in late February 2024. The split was completed to make Walmart's shares more accessible to retail investors.

Why companies do stock splits

Stock splits (as well as reverse stock splits) typically don't change the fundamental value of a company. They also don't change an investor's ownership stake in the company. For example, if you own a slice of pizza equal to one-quarter of the whole pie, cutting your slice up into smaller pieces doesn't change the fact that you still have one-quarter of the total pizza.

Since a stock split doesn't really fundamentally change anything, why would a business choose to do one? Often, it has to do with attracting new investors. A lower price per share attracts a lot of individual investors to a popular company.

Additionally, many publicly traded companies give employees an ownership stake in the business by granting them shares in the form of stock-based compensation. A lower share price can help a business manage the benefits issued to its employees.

Should you buy a stock because of an upcoming split?

If you are a long-term investor who plans to own shares of a company for at least a few years, an upcoming stock split is no reason to buy an ownership stake in a business. A company generally has good reasons for initiating a split, but it doesn't change the fundamental value for shareholders.

Rather, look for companies benefiting from long-term secular growth trends, growing faster than their peers, and with healthy profit margins and balance sheets.

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