Wells Fargo & Company (WFC)
NYSE: WFC · Real-Time Price · USD
70.34
+1.49 (2.16%)
At close: Dec 20, 2024, 4:01 PM
70.45
+0.11 (0.16%)
After-hours: Dec 20, 2024, 7:59 PM EST
Wells Fargo & Company Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for WFC stock have an average target of 67.82, with a low estimate of 48.8 and a high estimate of 85. The average target predicts a decrease of -3.58% from the current stock price of 70.34.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for WFC 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 5 |
| Buy | 4 | 4 | 3 | 5 | 5 | 5 |
| Hold | 12 | 12 | 11 | 12 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 18 | 21 | 21 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold Maintains $60 → $83 | Hold | Maintains | $60 → $83 | +18.00% | Dec 10, 2024 |
| UBS | UBS | Strong Buy Maintains $69 → $85 | Strong Buy | Maintains | $69 → $85 | +20.84% | Dec 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $72 → $82 | Strong Buy | Maintains | $72 → $82 | +16.58% | Dec 6, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $62 → $75 | Hold | Maintains | $62 → $75 | +6.62% | Dec 3, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $61 → $79 | Hold | Maintains | $61 → $79 | +12.31% | Dec 3, 2024 |
Financial Forecast
Revenue This Year
83.38B
Revenue Next Year
83.80B
from 83.38B
Increased by 0.50%
EPS This Year
5.34
from 4.83
Increased by 10.49%
EPS Next Year
5.55
from 5.34
Increased by 3.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 87.4B | 88.9B | 93.5B |
| Avg | 83.4B | 83.8B | 87.2B |
| Low | 80.4B | 79.7B | 82.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.6% | 11.5% |
| Avg | - | 0.5% | 4.0% |
| Low | - | -4.4% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.71 | 6.09 | 7.22 | ||
| Avg | 5.34 | 5.55 | 6.43 | ||
| Low | 5.11 | 5.08 | 5.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.3% | 14.1% | 30.2% | ||
| Avg | 10.5% | 4.0% | 15.9% | ||
| Low | 5.7% | -4.9% | 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.