Truist Financial Corporation (TFC)
NYSE: TFC · Real-Time Price · USD
43.95
-0.02 (-0.05%)
At close: Jan 8, 2025, 4:00 PM
43.82
-0.13 (-0.30%)
After-hours: Jan 8, 2025, 7:53 PM EST
Truist Financial Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Truist Financial stock have an average target of 48.97, with a low estimate of 40.5 and a high estimate of 60. The average target predicts an increase of 11.42% from the current stock price of 43.95.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TFC stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 5 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 11 | 11 | 11 | 11 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 22 | 21 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $47 → $51 | Hold | Maintains | $47 → $51 | +16.04% | Jan 6, 2025 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $54 | Buy | Reiterates | $54 | +22.87% | Jan 2, 2025 |
| Compass Point | Compass Point | Strong Buy Maintains $47 → $56 | Strong Buy | Maintains | $47 → $56 | +27.42% | Dec 10, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $46 → $51 | Hold | Maintains | $46 → $51 | +16.04% | Dec 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +36.52% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
20.30B
Revenue Next Year
20.93B
from 20.30B
Increased by 3.15%
EPS This Year
3.72
from -1.09
EPS Next Year
4.00
from 3.72
Increased by 7.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.1B | 22.3B | 23.5B | ||
| Avg | 20.3B | 20.9B | 21.9B | ||
| Low | 19.7B | 19.8B | 20.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 10.0% | 12.2% | ||
| Avg | - | 3.1% | 4.8% | ||
| Low | - | -2.4% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.94 | 4.46 | 5.04 | ||
| Avg | 3.72 | 4.00 | 4.60 | ||
| Low | 3.57 | 3.69 | 4.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 19.9% | 26.0% | ||
| Avg | - | 7.5% | 15.1% | ||
| Low | - | -0.7% | 2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.