Wells Fargo & Company (WFC)
NYSE: WFC · Real-Time Price · USD
56.39
+2.78 (5.19%)
At close: Sep 26, 2024, 4:00 PM
56.40
+0.01 (0.02%)
After-hours: Sep 26, 2024, 6:10 PM EDT
Wells Fargo & Company Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for WFC stock have an average target of 61.14, with a low estimate of 48.8 and a high estimate of 68. The average target predicts an increase of 8.42% from the current stock price of 56.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for WFC stock from 18 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 14 | 14 | 13 | 12 | 12 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 20 | 19 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $68 → $65 | Strong Buy | Maintains | $68 → $65 | +15.27% | Sep 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $65 | Buy | Maintains | $67 → $65 | +15.27% | Sep 6, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $65 | Hold → Strong Buy | Upgrades | $65 | +15.27% | Sep 3, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $64 → $68 | Buy | Maintains | $64 → $68 | +20.59% | Jul 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $57 → $59 | Hold | Maintains | $57 → $59 | +4.63% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
83.15B
Revenue Next Year
84.02B
from 83.15B
Increased by 1.06%
EPS This Year
5.13
from 4.83
Increased by 6.21%
EPS Next Year
5.56
from 5.13
Increased by 8.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 87.4B | 89.3B | 91.7B |
| Avg | 83.1B | 84.0B | 86.9B |
| Low | 80.0B | 80.0B | 83.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 7.4% | 9.1% |
| Avg | - | 1.1% | 3.4% |
| Low | - | -3.8% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.62 | 6.10 | 7.25 | ||
| Avg | 5.13 | 5.56 | 6.67 | ||
| Low | 4.79 | 5.13 | 6.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 18.9% | 30.3% | ||
| Avg | 6.2% | 8.4% | 19.9% | ||
| Low | -0.8% | -0.1% | 7.9% |
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.