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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 5 | 3 | 3 | 3 |
Buy | 6 | 6 | 6 | 4 | 4 | 4 |
Hold | 8 | 8 | 7 | 10 | 10 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 18 | 18 | 17 | 17 | 20 |
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 | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 27, 2024 |
Citigroup | Citigroup | Strong Buy → Hold Downgrades $57 → $63 | Strong Buy → Hold | Downgrades | $57 → $63 | +8.70% | Mar 20, 2024 |
Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 19, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.7% | 8.7% | 11.4% |
Avg | -1.8% | 1.7% | 5.0% |
Low | -6.3% | -5.3% | -1.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.