Bank of America Corporation (BAC)
NYSE: BAC · Real-Time Price · USD
46.66
+0.13 (0.28%)
At close: Jan 21, 2025, 4:00 PM
46.63
-0.03 (-0.06%)
After-hours: Jan 21, 2025, 7:42 PM EST
Bank of America Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Bank of America stock have an average target of 48.33, with a low estimate of 39 and a high estimate of 58. The average target predicts an increase of 3.58% from the current stock price of 46.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BAC stock from 21 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 | 3 | 4 | 4 | 5 | 4 | 6 |
| Buy | 9 | 9 | 10 | 10 | 9 | 9 |
| Hold | 7 | 7 | 7 | 6 | 7 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 21 | 22 | 22 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $50 → $49 | Hold | Maintains | $50 → $49 | +5.02% | Jan 17, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $54 → $56 | Hold | Maintains | $54 → $56 | +20.02% | Jan 17, 2025 |
| Oppenheimer | Oppenheimer | Buy Maintains $54 → $55 | Buy | Maintains | $54 → $55 | +17.87% | Jan 17, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $52 → $53 | Strong Buy | Maintains | $52 → $53 | +13.59% | Jan 17, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $53 → $51 | Buy | Maintains | $53 → $51 | +9.30% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
108.56B
Revenue Next Year
114.68B
from 108.56B
Increased by 5.64%
EPS This Year
3.71
from 3.21
Increased by 15.50%
EPS Next Year
4.30
from 3.71
Increased by 15.91%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 115.7B | 122.2B | 121.9B | ||
| Avg | 108.6B | 114.7B | 115.0B | ||
| Low | 103.8B | 109.3B | 109.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 12.6% | 6.3% | ||
| Avg | - | 5.6% | 0.3% | ||
| Low | - | 0.7% | -4.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.19 | 4.98 | 4.57 | ||
| Avg | 3.71 | 4.30 | 4.19 | ||
| Low | 3.40 | 3.87 | 3.86 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.5% | 34.2% | 6.3% | ||
| Avg | 15.5% | 15.9% | -2.6% | ||
| Low | 5.9% | 4.4% | -10.2% |
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.