Bank of America Corporation (BAC)

Bank of America Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Bank of America stock have an average target of 48.21, with a low estimate of 39 and a high estimate of 58. The average target predicts an increase of 11.39% from the current stock price of 43.28.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$48.21	$49	$58
Change	-9.89%	+11.39%	+13.22%	+34.01%

Analyst Ratings

The average analyst rating for Bank of America stock from 22 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	5	4	6	6	6
Buy	10	10	9	9	9	10
Hold	7	6	7	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	22	22	21	21	21	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Horowitz Citigroup	Citigroup	Strong Buy Maintains $54 → $50	Strong Buy	Maintains	$54 → $50	+15.53%	Mar 24, 2025
David George Baird	Baird	Hold → Buy Upgrades $45 → $50	Hold → Buy	Upgrades	$45 → $50	+15.53%	Mar 7, 2025
Scott Siefers Piper Sandler	Piper Sandler	Hold Maintains $50 → $49	Hold	Maintains	$50 → $49	+13.22%	Jan 17, 2025
Betsy Graseck Morgan Stanley	Morgan Stanley	Hold Maintains $54 → $56	Hold	Maintains	$54 → $56	+29.39%	Jan 17, 2025
Chris Kotowski Oppenheimer	Oppenheimer	Buy Maintains $54 → $55	Buy	Maintains	$54 → $55	+27.08%	Jan 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

110.24B

Increased by 14.75%

from 96.07B

Revenue Next Year

117.02B

Increased by 6.15%

from 110.24B

EPS This Year

3.73

Increased by 16.13%

from 3.21

EPS Next Year

4.42

Increased by 18.60%

from 3.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	74.21B	93.71B	92.41B	95.79B	96.07B	110.24B	117.02B	121.73B
Revenue Growth	-13.29%	26.28%	-1.39%	3.66%	0.29%	14.75%	6.15%	4.03%
EPS	1.87	3.57	3.19	3.08	3.21	3.73	4.42	4.91
EPS Growth	-32.00%	90.91%	-10.64%	-3.45%	4.22%	16.13%	18.60%	10.95%
Forward PE	-	-	-	-	-	11.61	9.79	8.82
No. Analysts	-	-	-	-	-	23	23	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	116.8B	126.2B	131.6B
Avg	110.2B	117.0B	121.7B
Low	106.3B	111.1B	115.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.6%	14.5%	12.5%
Avg	14.7%	6.2%	4.0%
Low	10.6%	0.8%	-1.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.06	5.01	5.58
Avg	3.73	4.42	4.91
Low	3.48	3.92	4.31

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	26.6%	34.4%	26.1%
Avg	16.1%	18.6%	11.0%
Low	8.4%	5.2%	-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.