Bank of America Corporation (BAC)
NYSE: BAC · Real-Time Price · USD
44.81
-0.49 (-1.08%)
Feb 21, 2025, 4:00 PM EST - Market closed
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 7.86% from the current stock price of 44.81.
Analyst Consensus: Buy
* Price targets were last updated on Jan 17, 2025.
Analyst Ratings
The average analyst rating for Bank of America 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 5 | 4 | 6 | 6 |
Buy | 9 | 10 | 10 | 9 | 9 | 9 |
Hold | 7 | 7 | 6 | 7 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 21 | 22 | 22 | 21 | 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 | +9.35% | Jan 17, 2025 |
Morgan Stanley | Morgan Stanley | Hold Maintains $54 → $56 | Hold | Maintains | $54 → $56 | +24.97% | Jan 17, 2025 |
Oppenheimer | Oppenheimer | Buy Maintains $54 → $55 | Buy | Maintains | $54 → $55 | +22.74% | Jan 17, 2025 |
Truist Securities | Truist Securities | Strong Buy Maintains $52 → $53 | Strong Buy | Maintains | $52 → $53 | +18.28% | Jan 17, 2025 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $53 → $51 | Buy | Maintains | $53 → $51 | +13.81% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
110.14B
Revenue Next Year
116.96B
from 110.14B
Increased by 6.19%
EPS This Year
3.73
from 3.21
Increased by 16.13%
EPS Next Year
4.42
from 3.73
Increased by 18.60%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 116.4B | 125.6B | 130.7B | ||
Avg | 110.1B | 117.0B | 121.6B | ||
Low | 105.7B | 111.1B | 115.4B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | - | 14.0% | 11.7% | ||
Avg | - | 6.2% | 3.9% | ||
Low | - | 0.9% | -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.