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Bank of America (BAC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BAC Stock Forecast

Bank of America (BAC) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $47.00, with a high of $54.00 and a low of $39.00. This represents a -0.23% decline from the last price of $47.11.

$30 $35 $40 $45 $50 $55 High: $54 Avg: $47 Low: $39 Last Closed Price: $47.11

BAC Stock Rating

Bank of America stock's rating consensus is Buy, based on 22 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 15 Buy (68.18%), 6 Hold (27.27%), 1 Sell (4.55%), and 0 Strong Sell (0.00%).

Buy
Total 22 0 1 6 15 Strong Sell Sell Hold Buy Strong Buy

BAC Price Target Upside V Benchmarks

TypeNameUpside
StockBank of America-0.23%
SectorFinancial Services Stocks 3.45%
IndustryDiversified Banks Stocks9.14%

Price Target Trends

1M3M12M
# Anlaysts1224
Avg Price Target$54.00$54.00$49.33
Last Closing Price$47.11$47.11$47.11
Upside/Downside14.63%14.63%4.71%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 257113-122
Jan, 257116-125
Dec, 24886-123
Nov, 248167-132
Oct, 248168-133
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 07, 2025Betsy GraseckMorgan Stanley$54.00$46.0817.19%14.63%
Jan 03, 2025Chris KotowskiOppenheimer$54.00$44.3121.87%14.63%
Oct 16, 2024Richard RamsdenGoldman Sachs$48.00$42.9511.76%1.89%
Oct 16, 2024Chris KotowskiOppenheimer$50.00$42.1418.65%6.13%
Oct 16, 2024Glenn SchorrEvercore ISI$45.00$42.146.79%-4.48%
Sep 03, 2024Scott SiefersPiper Sandler$44.00$40.408.91%-6.60%
Sep 03, 2024Matt O'ConnorDeutsche Bank$45.00$40.7510.43%-4.48%
Aug 06, 2024Kenneth LeonCFRA$39.00$36.925.63%-17.22%
Jul 17, 2024Gerard CassidyRBC Capital$46.00$44.134.24%-2.36%
Jul 16, 2024Richard RamsdenGoldman Sachs$45.00$44.271.65%-4.48%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025OppenheimerOutperformOutperformhold
Jan 03, 2025Wolfe ResearchOutperformOutperformhold
Jan 02, 2025Evercore ISIOutperformOutperformhold
Dec 24, 2024CitigroupBuyBuyhold
Nov 08, 2024CitigroupNeutralBuyupgrade
Oct 30, 2024Wells FargoOverweightOverweighthold
Oct 16, 2024RBC CapitalOutperformOutperformhold
Oct 16, 2024OppenheimerUnderperformUnderperformhold
Oct 16, 2024OppenheimerOutperformOutperformhold
Oct 16, 2024Morgan StanleyOverweightOverweighthold

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.88$3.60$3.21$3.08----
Avg Forecast$1.81$3.50$3.12$3.27$3.20$3.71$4.37$4.83
High Forecast$1.79$3.45$3.03$3.15$3.12$3.54$4.03$4.16
Low Forecast$1.84$3.56$3.33$3.39$3.26$3.91$4.78$5.35
Surprise %3.87%2.86%2.88%-5.81%----

Revenue Forecast

$70B $80B $90B $100B $110B $120B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$74.21B$93.71B$92.41B$94.19B----
Avg Forecast$86.06B$89.40B$94.75B$100.54B$102.05B$108.67B$115.15B$119.48B
High Forecast$85.09B$88.40B$92.64B$99.98B$101.80B$106.72B$112.21B$118.99B
Low Forecast$87.16B$90.55B$99.58B$101.37B$102.36B$110.82B$118.23B$119.97B
Surprise %-13.77%4.81%-2.47%-6.32%----

Net Income Forecast

$10B $17B $24B $31B $38B $45B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$15.05B$29.14B$24.50B$24.87B----
Avg Forecast$16.51B$24.35B$33.58B$24.87B$25.50B$29.57B$34.94B$37.71B
High Forecast$13.21B$19.48B$26.87B$19.89B$24.77B$28.13B$31.95B$32.98B
Low Forecast$19.81B$29.22B$40.30B$29.84B$25.87B$31.01B$37.93B$42.45B
Surprise %-8.84%19.64%-27.04%-----

BAC Forecast FAQ

Is Bank of America stock a buy?

Bank of America stock has a consensus rating of Buy, based on 22 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 15 Buy, 6 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Bank of America is a favorable investment for most analysts.

What is Bank of America's price target?

Bank of America's price target, set by 22 Wall Street analysts, averages $47 over the next 12 months. The price target range spans from $39 at the low end to $54 at the high end, suggesting a potential -0.23% change from the previous closing price of $47.11.

How does Bank of America stock forecast compare to its benchmarks?

Bank of America's stock forecast shows a -0.23% downside, underperforming the average forecast for the financial services stocks sector (3.45%) and underperforming the diversified banks stocks industry (9.14%).

What is the breakdown of analyst ratings for Bank of America over the past three months?

  • February 2025: 31.82% Strong Buy, 50.00% Buy, 13.64% Hold, 0% Sell, 4.55% Strong Sell.
  • January 2025: 28.00% Strong Buy, 44.00% Buy, 24.00% Hold, 0% Sell, 4.00% Strong Sell.
  • December 2024: 34.78% Strong Buy, 34.78% Buy, 26.09% Hold, 0% Sell, 4.35% Strong Sell.

What is Bank of America’s EPS forecast?

Bank of America's average annual EPS forecast for its fiscal year ending in December is $3.2 for 2024, a 3.90% increase from the reported $3.08 in 2023. The prediction for 2025 is $3.71, $4.37 for 2026, and $4.83 for 2027.

What is Bank of America’s revenue forecast?

Bank of America's average annual revenue forecast for its fiscal year ending in December is $102.05B for 2024, a 8.35% increase from the reported $94.19B in 2023. The forecast for 2025 is $108.67B, $115.15B for 2026, and $119.48B for 2027.

What is Bank of America’s net income forecast?

For its fiscal year ending in December, Bank of America's average annual net income forecast is $25.5B for 2024, reflecting an 2.56% increase from the reported $24.87B in 2023. The projection for 2025 is $29.57B, $34.94B for 2026, and $37.71B for 2027.