Wells Fargo & Company (WFC)
NYSE: WFC · IEX Real-Time Price · USD
57.96
+0.35 (0.61%)
At close: Mar 28, 2024, 4:00 PM
57.89
-0.07 (-0.12%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Wells Fargo & Company Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for WFC stock have an average target of 54.78, with a low estimate of 42 and a high estimate of 67. The average target predicts a decrease of -5.49% from the current stock price of 57.96.

Analyst Consensus: Buy
Target Low Average Median High
Price $42 $54.78 $54 $67
Change -27.54% -5.49% -6.83% +15.60%

Analyst Ratings

The average analyst rating for WFC stock from 20 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 445333
Buy 666444
Hold 887101013
Sell 000000
Strong Sell 000000
Total 181818171720

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$58$67
Buy Maintains $58$67 +15.60% Mar 28, 2024
HSBC
HSBC
Hold
Maintains
$55$60
Hold Maintains $55$60 +3.52% Mar 28, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 27, 2024
Citigroup
Citigroup
Hold
Downgrades
$57$63
Hold Downgrades $57$63 +8.70% Mar 20, 2024
Oppenheimer
Oppenheimer
Hold
Maintains
n/a
Hold Maintains n/a n/a Mar 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
81.13B
from 82.60B
Decreased by -1.78%
Revenue Next Year
82.49B
from 81.13B
Increased by 1.68%
EPS This Year
4.81
from 4.83
Decreased by -0.51%
EPS Next Year
5.39
from 4.81
Increased by 12.12%
Year 2019202020212022202320242025202620272028
Revenue
86.83B74.26B79.17B74.37B82.60B81.13B82.49B86.60B--
Revenue Growth
0.49%-14.47%6.60%-6.06%11.07%-1.78%1.68%4.98%--
EPS
4.090.435.083.274.834.815.396.405.095.81
EPS Growth
-4.44%-89.49%1,081.40%-35.63%47.71%-0.51%12.12%18.74%-20.43%14.09%
No. Analysts -----29261022
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 85.6B 88.2B 91.9B
Avg 81.1B 82.5B 86.6B
Low 77.4B 76.8B 81.6B

Revenue Growth

Revenue Growth 202420252026
High
3.7%
8.7%
11.4%
Avg
-1.8%
1.7%
5.0%
Low
-6.3%
-5.3%
-1.1%

EPS Forecast

EPS 20242025202620272028
High 5.62 6.04 7.19 5.29 6.04
Avg 4.81 5.39 6.40 5.09 5.81
Low 4.17 4.80 4.75 4.94 5.64

EPS Growth

EPS Growth 20242025202620272028
High
16.3%
25.6%
33.4%
-17.3%
18.6%
Avg
-0.5%
12.1%
18.7%
-20.4%
14.1%
Low
-13.7%
-0.1%
-11.8%
-22.8%
10.7%
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.