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Bank of New York Mellon (BK) Stock Forecast, Price Target & Predictions

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BK Stock Forecast

Bank of New York Mellon stock forecast is as follows: an average price target of $85.20 (represents a -0.98% downside from BK’s last price of $86.04) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

BK Price Target

The average price target for Bank of New York Mellon (BK) is $85.20 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $94.00 to $79.00. This represents a potential -0.98% downside from BK's last price of $86.04.

BK Analyst Ratings

Buy

According to 15 Wall Street analysts, Bank of New York Mellon's rating consensus is 'Buy'. The analyst rating breakdown for BK stock is 0 'Strong Buy' (0.00%), 11 'Buy' (73.33%), 4 'Hold' (26.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Bank of New York Mellon Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025Betsy GraseckMorgan Stanley$90.00$76.5817.52%4.60%
Jan 02, 2025Glenn SchorrEvercore ISI$79.00$77.412.05%-8.18%
Dec 09, 2024Betsy GraseckNew Street$94.00$80.5116.76%9.25%
Oct 14, 2024Jim MitchellSeaport Global$83.00$75.649.73%-3.53%
Oct 14, 2024Brian BedellNew Street$82.00$74.1510.59%-4.70%
Oct 14, 2024Jason GoldbergNew Street$86.00$74.1515.98%-0.05%
Oct 14, 2024Vivek JunejaNew Street$77.00$74.153.84%-10.51%
Sep 23, 2024Brian BedellDeutsche Bank$80.00$71.8211.39%-7.02%
Sep 23, 2024Brian BedellNew Street$80.00$71.8211.39%-7.02%
Jul 15, 2024Betsy GraseckMorgan Stanley$65.00$64.690.48%-24.45%
Jul 11, 2024Brennan HawkenUBS$62.00$61.301.15%-27.94%
Jun 27, 2024David KonradNew Street$70.00$59.4217.81%-18.64%
Apr 18, 2024Stephen BiggarArgus Research$67.00$54.4623.03%-22.13%
Apr 17, 2024Ebrahim PoonawalaNew Street$66.00$54.0022.22%-23.29%
Apr 16, 2024Kenneth LeonNew Street$63.00$54.0016.67%-26.78%
Apr 05, 2024Brian BedellNew Street$59.00$56.773.93%-31.43%
Apr 04, 2024Jim MitchellSeaport Global$70.00$57.6621.40%-18.64%
Jan 30, 2024Betsy GraseckNew Street$62.00$56.0410.64%-27.94%
Jul 01, 2022Wells Fargo$46.00$41.6810.36%-46.54%
Jun 24, 2022Piper Sandler$48.00$42.0014.29%-44.21%
Apr 25, 2022Gerard CassidyRBC Capital$56.00$43.3029.33%-34.91%
Apr 19, 2022New Street$51.50$46.5210.71%-40.14%
Apr 19, 2022New Street$55.00$46.5918.04%-36.08%
Apr 19, 2022New Street$54.00$46.5515.99%-37.24%
Apr 19, 2022New Street$68.00$46.4146.53%-20.97%
Apr 19, 2022New Street$56.00$46.4920.46%-34.91%
Apr 11, 2022Brian BedellDeutsche Bank$62.00$48.0728.98%-27.94%
Apr 11, 2022Keith HorowitzCitigroup$50.00$48.074.01%-41.89%
Apr 07, 2022Vivek JunejaJ.P. Morgan$59.00$47.7623.53%-31.43%
Apr 02, 2022Betsy GraseckMorgan Stanley$58.00$49.4517.29%-32.59%
Jan 19, 2022Glenn SchorrEvercore ISI$68.00$58.8915.47%-20.97%
Jan 18, 2022Ken UsdinJefferies$72.00$62.5515.11%-16.32%
Jan 10, 2022Michael BrownKBW$70.00$62.4312.13%-18.64%
Jan 03, 2022Jason GoldbergBarclays$74.00$58.1727.21%-13.99%
Oct 22, 2021Keith HorowitzCitigroup$70.00$59.0218.60%-18.64%
Jul 20, 2021Stephen BiggarArgus Research$55.00$48.5413.31%-36.08%

The latest Bank of New York Mellon stock forecast, released on Jan 03, 2025 by Betsy Graseck from Morgan Stanley, set a price target of $90.00, which represents a 17.52% increase from the stock price at the time of the forecast ($76.58), and a 4.60% increase from BK last price ($86.04).

Bank of New York Mellon Price Target by Period

1M3M12M
# Anlaysts2317
Avg Price Target$84.50$87.67$74.88
Last Closing Price$86.04$86.04$86.04
Upside/Downside-1.79%1.89%-12.97%

In the current month, the average price target of Bank of New York Mellon stock is $84.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -1.79% decrease as opposed to Bank of New York Mellon's last price of $86.04. This month's average price target is down -3.62% compared to last quarter, and up 12.85% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 16, 2025Deutsche BankBuyBuyHold
Jan 03, 2025Morgan StanleyOverweightOverweightHold
Jan 03, 2025Wolfe ResearchOutperformPeer PerformDowngrade
Dec 09, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Oct 14, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 14, 2024Seaport GlobalBuyBuyHold
Oct 14, 2024Evercore ISIPositivePositiveHold
Oct 14, 2024Deutsche BankBuyBuyHold
Oct 14, 2024BarclaysOverweightOverweightHold
Oct 14, 2024Evercore ISIUnderperformUnderperformHold
Oct 07, 2024Goldman SachsUnderperformUnderperformHold
Oct 07, 2024Keefe, Bruyette & WoodsBuyBuyHold
Sep 25, 2024Goldman SachsBuyBuyHold
Sep 23, 2024Deutsche BankHoldBuyUpgrade
Sep 19, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Sep 19, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 19, 2024CitigroupNeutralNeutralHold
Aug 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 15, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 15, 2024Morgan StanleyBuyBuyHold
Jul 15, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 15, 2024Deutsche BankHoldHoldHold
Jul 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 15, 2024BarclaysOverweightOverweightHold
Jul 15, 2024CitigroupBuyNeutralDowngrade
Jul 11, 2024UBSBuyBuyHold
Jul 11, 2024CitigroupBuyBuyHold
Jul 03, 2024JefferiesBuyBuyHold
Jun 27, 2024Keefe, Bruyette & WoodsOutperformUpgrade
Apr 17, 2024Morgan StanleyBuyBuyHold
Apr 17, 2024RBC CapitalSector PerformSector PerformHold
Apr 17, 2024Bank of America SecuritiesBuyBuyHold
Apr 16, 2024CFRABuyBuyHold
Apr 05, 2024Deutsche BankHoldHoldHold
Apr 04, 2024Seaport GlobalBuyBuyHold
Mar 27, 2024RBC CapitalUnderperformUnderperformHold
Mar 27, 2024UBSSector PerformSector PerformHold
Apr 03, 2023Wells FargoEqual-WeightEqual-WeightHold
Feb 01, 2023Morgan StanleyUnderweightUnderweightHold
Jan 04, 2023Wolfe ResearchOutperformUpgrade
Jan 04, 2023Goldman SachsNeutralBuyUpgrade
Jan 03, 2023BarclaysOverweightOverweightHold
Dec 06, 2022Morgan StanleyEqual-WeightUnderweightDowngrade
Dec 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 04, 2022CitigroupBuyUpgrade
Jul 19, 2022Credit SuisseOutperformOutperformHold
Jul 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 01, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 29, 2022Goldman SachsNeutralNeutralHold
Jun 24, 2022Piper SandlerNeutralNeutralHold
Jun 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2022RBC CapitalSector PerformSector PerformHold
Apr 11, 2022Deutsche BankBuyBuyHold
Apr 02, 2022Morgan StanleyIn-LineDowngrade
Feb 18, 2022Deutsche BankBuyBuyHold

Bank of New York Mellon's last stock rating was published by Deutsche Bank on Jan 16, 2025. The company gave BK a "Buy" rating, the same as its previous rate.

Bank of New York Mellon Financial Forecast

Bank of New York Mellon Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$4.29B$4.36B$4.28B$3.83B$4.19B$4.16B$3.85B$3.94B$3.96B$3.89B$3.85B$3.77B$3.76B
Avg Forecast$5.45B$5.42B$5.40B$5.32B$5.10B$5.05B$5.01B$4.87B$4.90B$4.84B$4.84B$4.76B$4.66B$4.54B$4.53B$4.39B$4.30B$4.32B$4.37B$4.40B$4.20B$4.19B$4.17B$3.94B$3.98B$3.95B$3.88B$3.84B$3.83B$3.83B
High Forecast$5.59B$5.55B$5.53B$5.45B$5.22B$5.17B$5.13B$4.99B$5.03B$4.96B$4.96B$4.84B$4.72B$4.56B$4.53B$4.39B$4.33B$4.43B$4.48B$4.51B$4.26B$4.26B$4.23B$4.00B$4.03B$4.01B$3.94B$3.90B$3.89B$3.89B
Low Forecast$5.34B$5.31B$5.29B$5.21B$4.99B$4.94B$4.91B$4.77B$4.80B$4.74B$4.74B$4.66B$4.59B$4.52B$4.53B$4.39B$4.27B$4.23B$4.28B$4.31B$4.14B$4.13B$4.11B$3.88B$3.91B$3.89B$3.82B$3.78B$3.77B$3.77B
# Analysts5454545443487354845443435454137
Surprise %-----------------0.99%1.00%0.97%0.91%1.00%1.00%0.98%0.99%1.00%1.00%1.00%0.98%0.98%

Bank of New York Mellon's average Quarter revenue forecast for Dec 23 based on 8 analysts is $4.30B, with a low forecast of $4.27B, and a high forecast of $4.33B. BK's average Quarter revenue forecast represents a 0.30% increase compared to the company's last Quarter revenue of $4.29B (Sep 23).

Bank of New York Mellon EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443487354845443435454137
EBITDA-----------------$1.29B$1.35B$1.25B$3.21B$2.08B$1.86B$1.44B$1.57B$1.69B$1.77B$1.70B$1.45B$1.70B
Avg Forecast$2.06B$2.04B$2.04B$2.01B$1.92B$1.90B$1.89B$1.84B$1.85B$1.83B$1.83B$1.80B$1.76B$1.71B$1.71B$1.73B$1.62B$1.63B$1.65B$1.57B$1.68B$1.44B$1.43B$1.43B$1.36B$1.36B$1.33B$1.55B$1.31B$1.31B
High Forecast$2.11B$2.09B$2.09B$2.06B$1.97B$1.95B$1.94B$1.88B$1.90B$1.87B$1.87B$1.83B$1.78B$1.72B$1.71B$2.07B$1.63B$1.67B$1.69B$1.88B$2.01B$1.46B$1.45B$1.71B$1.38B$1.37B$1.35B$1.86B$1.33B$1.33B
Low Forecast$2.02B$2.00B$2.00B$1.97B$1.88B$1.87B$1.85B$1.80B$1.81B$1.79B$1.79B$1.76B$1.73B$1.70B$1.71B$1.38B$1.61B$1.60B$1.62B$1.25B$1.34B$1.42B$1.41B$1.14B$1.34B$1.33B$1.31B$1.24B$1.29B$1.29B
Surprise %-----------------0.79%0.82%0.80%1.91%1.45%1.30%1.01%1.15%1.24%1.33%1.09%1.10%1.29%

8 analysts predict BK's average Quarter EBITDA for Dec 23 to be $1.62B, with a high of $1.63B and a low of $1.61B. This is 25.40% upper than Bank of New York Mellon's previous annual EBITDA (Sep 23) of $1.29B.

Bank of New York Mellon Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443487354845443435454137
Net Income-----------------$1.04B$1.07B$976.00M$543.00M$388.00M$869.00M$773.00M$869.00M$947.00M$1.02B$927.00M$750.00M$937.00M
Avg Forecast$1.72B$1.74B$1.74B$1.49B$1.51B$1.47B$1.49B$1.24B$1.36B$1.30B$1.33B$1.12B$1.14B$1.05B$1.06B$924.33M$631.72M$853.24M$906.37M$840.30M$921.10M$814.83M$827.85M$763.91M$750.14M$746.04M$741.52M$820.45M$653.41M$698.26M
High Forecast$1.78B$1.80B$1.80B$1.54B$1.56B$1.52B$1.53B$1.28B$1.40B$1.35B$1.37B$1.16B$1.17B$1.11B$1.09B$1.11B$654.48M$880.79M$917.17M$1.01B$1.11B$830.34M$842.34M$916.69M$764.42M$760.24M$745.97M$984.54M$665.85M$711.55M
Low Forecast$1.68B$1.69B$1.70B$1.45B$1.47B$1.43B$1.45B$1.20B$1.32B$1.27B$1.29B$1.07B$1.10B$986.05M$1.03B$739.46M$603.26M$830.73M$895.57M$672.24M$736.88M$798.53M$813.36M$611.12M$735.13M$731.11M$737.08M$656.36M$640.34M$684.29M
Surprise %-----------------1.22%1.18%1.16%0.59%0.48%1.05%1.01%1.16%1.27%1.38%1.13%1.15%1.34%

Bank of New York Mellon's average Quarter net income forecast for Dec 23 is $631.72M, with a range of $603.26M to $654.48M. BK's average Quarter net income forecast represents a -39.14% decrease compared to the company's last Quarter net income of $1.04B (Sep 23).

Bank of New York Mellon SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443487354845443435454137
SG&A-----------------$1.75B$1.72B$1.79B$1.80B$1.67B$1.62B$1.70B$1.63B$1.58B$1.52B$1.60B$1.55B$1.47B
Avg Forecast$2.17B$2.15B$2.14B$2.11B$2.02B$2.01B$1.99B$1.94B$1.95B$1.92B$1.92B$1.89B$1.85B$1.80B$1.80B$2.04B$1.71B$1.72B$1.74B$1.85B$1.74B$1.67B$1.66B$1.68B$1.58B$1.57B$1.54B$1.42B$1.52B$1.52B
High Forecast$2.22B$2.21B$2.20B$2.17B$2.07B$2.06B$2.04B$1.98B$2.00B$1.97B$1.97B$1.92B$1.88B$1.81B$1.80B$2.44B$1.72B$1.76B$1.78B$2.22B$2.09B$1.69B$1.68B$2.02B$1.60B$1.59B$1.57B$1.70B$1.54B$1.55B
Low Forecast$2.12B$2.11B$2.10B$2.07B$1.98B$1.96B$1.95B$1.90B$1.91B$1.88B$1.88B$1.85B$1.82B$1.79B$1.80B$1.63B$1.70B$1.68B$1.70B$1.48B$1.39B$1.64B$1.63B$1.35B$1.56B$1.55B$1.52B$1.13B$1.50B$1.50B
Surprise %-----------------1.02%0.99%0.97%1.03%1.00%0.98%1.01%1.03%1.01%0.98%1.13%1.02%0.96%

Bank of New York Mellon's average Quarter SG&A projection for Dec 23 is $1.71B, based on 8 Wall Street analysts, with a range of $1.70B to $1.72B. The forecast indicates a -2.65% fall compared to BK last annual SG&A of $1.75B (Sep 23).

Bank of New York Mellon EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443487354845443435454137
EPS-----------------$1.23$1.31$1.13$0.63$0.39$1.03$0.86$1.07$1.04$1.14$0.97$0.79$0.98
Avg Forecast$2.32$2.34$2.35$2.01$2.04$1.99$2.00$1.67$1.83$1.76$1.79$1.51$1.54$1.41$1.42$1.19$0.85$1.15$1.22$1.12$1.02$1.10$1.12$0.85$1.01$1.01$1.00$0.87$0.88$0.94
High Forecast$2.40$2.42$2.43$2.07$2.11$2.05$2.07$1.72$1.89$1.81$1.85$1.57$1.57$1.50$1.46$1.19$0.88$1.19$1.24$1.16$1.04$1.12$1.14$0.86$1.03$1.02$1.01$0.89$0.90$0.96
Low Forecast$2.26$2.28$2.29$1.95$1.99$1.93$1.95$1.62$1.78$1.71$1.75$1.44$1.48$1.33$1.38$1.19$0.81$1.12$1.21$1.09$1.00$1.08$1.10$0.83$0.99$0.99$0.99$0.86$0.86$0.92
Surprise %-----------------1.07%1.07%1.01%0.62%0.36%0.92%1.02%1.06%1.03%1.14%1.11%0.90%1.04%

According to 8 Wall Street analysts, Bank of New York Mellon's projected average Quarter EPS for Dec 23 is $0.85, with a low estimate of $0.81 and a high estimate of $0.88. This represents a -30.79% decrease compared to BK previous annual EPS of $1.23 (Sep 23).

Bank of New York Mellon Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TROWT. Rowe Price Group$114.31$139.0021.60%Hold
BLKBlackRock$1.05K$1.16K10.38%Buy
AMGAffiliated Managers Group$187.61$204.008.74%Buy
STTState Street$100.85$104.223.34%Buy
BENFranklin Resources$20.05$20.673.09%Hold
BKBank of New York Mellon$86.04$85.20-0.98%Buy
NTRSNorthern Trust$112.60$109.33-2.90%Buy
SEICSEI Investments$82.96$79.00-4.77%Hold
PFGPrincipal Financial Group$83.38$79.25-4.95%Hold
ARCCAres Capital$23.18$22.00-5.09%Buy
IVZInvesco$19.00$17.50-7.89%Hold
BXBlackstone$185.38$164.25-11.40%Hold
AMPAmeriprise Financial$575.13$495.00-13.93%Buy
MAINMain Street Capital$60.62$52.00-14.22%Buy
JHGJanus Henderson Group$43.27$37.00-14.49%Hold

BK Forecast FAQ

Is Bank of New York Mellon a good buy?

Yes, according to 15 Wall Street analysts, Bank of New York Mellon (BK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 73.33% of BK's total ratings.

What is BK's price target?

Bank of New York Mellon (BK) average price target is $85.2 with a range of $79 to $94, implying a -0.98% from its last price of $86.04. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Bank of New York Mellon stock go up soon?

According to Wall Street analysts' prediction for BK stock, the company can go down by -0.98% (from the last price of $86.04 to the average price target of $85.2), up by 9.25% based on the highest stock price target, and down by -8.18% based on the lowest stock price target.

Can Bank of New York Mellon stock reach $130?

BK's average twelve months analyst stock price target of $85.2 does not support the claim that Bank of New York Mellon can reach $130 in the near future.

What is Bank of New York Mellon's current price target trend?

2 Wall Street analysts forecast a $84.5 price target for Bank of New York Mellon (BK) this month, down -1.79% from its last price of $86.04. Compared to the last 3 and 12 months, the average price target increased by 1.89% and decreased by -12.97%, respectively.

What are Bank of New York Mellon's analysts' financial forecasts?

Bank of New York Mellon's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $20.02B (high $20.52B, low $19.62B), average EBITDA is $7.56B (high $7.74B, low $7.4B), average net income is $5.71B (high $5.89B, low $5.56B), average SG&A $7.96B (high $8.15B, low $7.79B), and average EPS is $7.69 (high $7.94, low $7.49). BK's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $21.58B (high $22.12B, low $21.14B), average EBITDA is $8.14B (high $8.35B, low $7.98B), average net income is $6.7B (high $6.91B, low $6.52B), average SG&A $8.58B (high $8.79B, low $8.4B), and average EPS is $9.03 (high $9.32, low $8.79).

Did the BK's actual financial results beat the analysts' financial forecasts?

Based on Bank of New York Mellon's last annual report (Dec 2022), the company's revenue was $16.03B, which missed the average analysts forecast of $16.51B by -2.88%. Apple's EBITDA was $8.59B, beating the average prediction of $5.97B by 43.89%. The company's net income was $2.57B, missing the average estimation of $3.33B by -22.68%. Apple's SG&A was $6.8B, beating the average forecast of $6.75B by 0.75%. Lastly, the company's EPS was $2.91, missing the average prediction of $4.08 by -28.71%. In terms of the last quarterly report (Sep 2023), Bank of New York Mellon's revenue was $4.29B, missing the average analysts' forecast of $4.32B by -0.78%. The company's EBITDA was $1.29B, missing the average prediction of $1.63B by -20.64%. Bank of New York Mellon's net income was $1.04B, beating the average estimation of $853.24M by 21.65%. The company's SG&A was $1.76B, beating the average forecast of $1.72B by 2.22%. Lastly, the company's EPS was $1.23, beating the average prediction of $1.15 by 6.98%