The Bank of New York Mellon Corporation (BK)
NYSE: BK · Real-Time Price · USD
77.62
+1.21 (1.58%)
Dec 20, 2024, 4:00 PM EST - Market closed
BNY Mellon Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for BNY Mellon stock have an average target of 81, with a low estimate of 66 and a high estimate of 96. The average target predicts an increase of 4.35% from the current stock price of 77.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BNY Mellon stock from 13 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 5 | 5 | 4 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $82 → $94 | Hold → Buy | Upgrades | $82 → $94 | +21.10% | Dec 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $87 → $96 | Buy | Maintains | $87 → $96 | +23.68% | Dec 3, 2024 |
| Citigroup | Citigroup | Hold Maintains $75 → $82 | Hold | Maintains | $75 → $82 | +5.64% | Nov 25, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $79 → $81 | Hold | Maintains | $79 → $81 | +4.35% | Nov 15, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $82 → $85 | Strong Buy | Maintains | $82 → $85 | +9.51% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
18.94B
Revenue Next Year
19.56B
from 18.94B
Increased by 3.24%
EPS This Year
6.04
from 3.87
Increased by 56.07%
EPS Next Year
6.75
from 6.04
Increased by 11.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4B | 20.3B | 21.1B | ||
| Avg | 18.9B | 19.6B | 20.2B | ||
| Low | 17.8B | 18.4B | 18.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 7.4% | 8.0% | ||
| Avg | - | 3.2% | 3.4% | ||
| Low | - | -3.0% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.28 | 7.26 | 8.28 | ||
| Avg | 6.04 | 6.75 | 7.53 | ||
| Low | 5.68 | 6.07 | 6.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.2% | 20.1% | 22.7% | ||
| Avg | 56.1% | 11.8% | 11.5% | ||
| Low | 46.9% | 0.4% | 0.1% |
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.