Truist Financial Corporation (TFC)
NYSE: TFC · Real-Time Price · USD
43.32
+0.77 (1.81%)
Dec 20, 2024, 4:00 PM EST - Market closed
Truist Financial Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Truist Financial stock have an average target of 47.75, with a low estimate of 40.45 and a high estimate of 60. The average target predicts an increase of 10.23% from the current stock price of 43.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TFC 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 11 | 11 | 11 | 11 | 11 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 22 | 22 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Buy Maintains $47 → $56 | Strong Buy | Maintains | $47 → $56 | +29.27% | Dec 10, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $46 → $51 | Hold | Maintains | $46 → $51 | +17.73% | Dec 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +38.50% | Nov 26, 2024 |
| Citigroup | Citigroup | Hold Maintains $47 → $51 | Hold | Maintains | $47 → $51 | +17.73% | Nov 25, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $48 → $52 | Buy | Maintains | $48 → $52 | +20.04% | Nov 15, 2024 |
Financial Forecast
Revenue This Year
20.30B
Revenue Next Year
20.93B
from 20.30B
Increased by 3.15%
EPS This Year
3.72
from -1.09
EPS Next Year
4.00
from 3.72
Increased by 7.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.1B | 22.3B | 23.5B | ||
| Avg | 20.3B | 20.9B | 21.9B | ||
| Low | 19.7B | 19.8B | 20.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 10.0% | 12.2% | ||
| Avg | - | 3.1% | 4.8% | ||
| Low | - | -2.4% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.94 | 4.46 | 5.04 | ||
| Avg | 3.72 | 4.00 | 4.60 | ||
| Low | 3.57 | 3.69 | 4.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 19.9% | 26.0% | ||
| Avg | - | 7.5% | 15.1% | ||
| Low | - | -0.7% | 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.