Wells Fargo & Company (WFC)
NYSE: WFC · Real-Time Price · USD
73.58
+0.15 (0.20%)
At close: Nov 20, 2024, 4:00 PM
73.31
-0.27 (-0.37%)
Pre-market: Nov 21, 2024, 4:10 AM EST
Wells Fargo & Company Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for WFC stock have an average target of 63.42, with a low estimate of 48.8 and a high estimate of 82. The average target predicts a decrease of -13.81% from the current stock price of 73.58.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for WFC 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 3 | 5 | 5 |
| Hold | 13 | 12 | 12 | 11 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 19 | 19 | 18 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $67 → $82 | Hold | Maintains | $67 → $82 | +11.44% | Nov 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $71 → $77 | Buy | Maintains | $71 → $77 | +4.65% | Oct 30, 2024 |
| Compass Point | Compass Point | Hold Maintains $57 → $60 | Hold | Maintains | $57 → $60 | -18.46% | Oct 15, 2024 |
| Phillip Securities | Phillip Securities | Hold → Buy Upgrades $61 → $65 | Hold → Buy | Upgrades | $61 → $65 | -11.66% | Oct 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -15.74% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
83.38B
Revenue Next Year
83.73B
from 83.38B
Increased by 0.42%
EPS This Year
5.33
from 4.83
Increased by 10.26%
EPS Next Year
5.54
from 5.33
Increased by 4.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 87.4B | 88.9B | 93.5B |
| Avg | 83.4B | 83.7B | 87.1B |
| Low | 80.4B | 79.7B | 82.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.6% | 11.6% |
| Avg | - | 0.4% | 4.0% |
| Low | - | -4.4% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.67 | 6.09 | 7.23 | ||
| Avg | 5.33 | 5.54 | 6.44 | ||
| Low | 5.11 | 5.08 | 5.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.4% | 14.4% | 30.6% | ||
| Avg | 10.3% | 4.0% | 16.3% | ||
| Low | 5.7% | -4.7% | 2.6% |
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.