Wells Fargo & Company (WFC)
NYSE: WFC · Real-Time Price · USD
64.81
+0.79 (1.23%)
At close: Oct 22, 2024, 4:00 PM
64.50
-0.31 (-0.48%)
Pre-market: Oct 23, 2024, 6:05 AM EDT
Wells Fargo & Company Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for WFC stock have an average target of 62.17, with a low estimate of 48.8 and a high estimate of 71. The average target predicts a decrease of -4.07% from the current stock price of 64.81.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 3 | 5 |
| Hold | 14 | 13 | 12 | 12 | 11 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 20 | 19 | 19 | 18 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold Maintains $57 → $60 | Hold | Maintains | $57 → $60 | -7.42% | Oct 15, 2024 |
| Phillip Securities | Phillip Securities | Hold → Buy Upgrades $61 → $65 | Hold → Buy | Upgrades | $61 → $65 | +0.29% | Oct 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -4.34% | Oct 14, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $61 | Hold | Reiterates | $61 | -5.88% | Oct 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +9.55% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
83.11B
Revenue Next Year
83.67B
from 83.11B
Increased by 0.68%
EPS This Year
5.13
from 4.83
Increased by 6.21%
EPS Next Year
5.56
from 5.13
Increased by 8.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 87.3B | 89.3B | 91.6B |
| Avg | 83.1B | 83.7B | 86.5B |
| Low | 80.0B | 79.3B | 82.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 7.4% | 9.4% |
| Avg | - | 0.7% | 3.3% |
| Low | - | -4.5% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.62 | 6.10 | 7.25 | ||
| Avg | 5.13 | 5.56 | 6.67 | ||
| Low | 4.79 | 5.13 | 6.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 18.9% | 30.3% | ||
| Avg | 6.2% | 8.4% | 19.9% | ||
| Low | -0.8% | -0.1% | 7.9% |
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.