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


OverviewRevenueOwnershipFinancialsChartTranscripts

BK Stock Forecast


Bank of New York Mellon stock forecast is as follows: an average price target of $62.60 (represents a -8.88% downside from BK’s last price of $68.70) 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 $62.60 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $74.00 to $46.00. This represents a potential -8.88% downside from BK's last price of $68.70.

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%), 9 'Buy' (60.00%), 6 'Hold' (40.00%), 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
Jul 15, 2024Betsy GraseckMorgan Stanley$65.00$64.690.48%-5.39%
Jul 11, 2024Brennan HawkenUBS$62.00$61.301.15%-9.75%
Jun 27, 2024David KonradNew Street$70.00$59.4217.81%1.89%
Apr 18, 2024Stephen BiggarArgus Research$67.00$54.4623.03%-2.47%
Apr 17, 2024Ebrahim PoonawalaNew Street$66.00$54.0022.22%-3.93%
Apr 16, 2024Kenneth LeonNew Street$63.00$54.0016.67%-8.30%
Apr 05, 2024Brian BedellNew Street$59.00$56.773.93%-14.12%
Apr 04, 2024Jim MitchellSeaport Global$70.00$57.6621.40%1.89%
Jan 30, 2024Betsy GraseckNew Street$62.00$56.0410.64%-9.75%
Jul 01, 2022-Wells Fargo$46.00$41.6810.36%-33.04%
Row per page
Go to

The latest Bank of New York Mellon stock forecast, released on Jul 15, 2024 by Betsy Graseck from Morgan Stanley, set a price target of $65.00, which represents a 0.48% increase from the stock price at the time of the forecast ($64.69), and a -5.39% decrease from BK last price ($68.70).

Bank of New York Mellon Price Target by Period


1M3M12M
# Anlaysts-39
Avg Price Target-$65.67$64.89
Last Closing Price$68.70$68.70$68.70
Upside/Downside-100.00%-4.41%-5.55%

In the current month, the average price target of Bank of New York Mellon stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bank of New York Mellon's last price of $68.70. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Aug 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
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, 2024CitigroupBuyBuyHold
Jul 11, 2024UBSBuyBuyHold
Row per page
Go to

Bank of New York Mellon's last stock rating was published by Keefe, Bruyette & Woods on Aug 15, 2024. The company gave BK a "Underperform" rating, the same as its previous rate.

Bank of New York Mellon Financial Forecast


Bank of New York Mellon Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$4.29B$4.36B$4.28B$3.83B$4.19B-$3.85B$3.94B$3.96B$3.89B$3.85B$3.77B$3.76B$3.92B$4.02B$4.69B$3.76B
Avg Forecast$4.88B$4.96B$4.93B$4.79B$4.71B$4.67B$4.67B$4.54B$4.54B$4.49B$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$3.90B$3.86B$4.24B$3.91B
High Forecast$4.95B$5.02B$4.99B$4.85B$4.77B$4.73B$4.73B$4.59B$4.60B$4.53B$4.58B$4.44B$4.33B$4.37B$4.43B$4.46B$4.26B$4.25B$4.17B$4.03B$4.07B$4.05B$3.97B$3.93B$3.92B$3.92B$3.99B$3.95B$4.34B$4.00B
Low Forecast$4.77B$4.84B$4.81B$4.68B$4.60B$4.56B$4.56B$4.43B$4.44B$4.45B$4.42B$4.28B$4.27B$4.22B$4.27B$4.30B$4.10B$4.10B$4.17B$3.85B$3.89B$3.87B$3.80B$3.76B$3.74B$3.75B$3.81B$3.77B$4.15B$3.82B
# Analysts6446437449748454435374596510844
Surprise %-------------0.99%1.00%0.97%0.91%1.00%-0.98%0.99%1.00%1.00%1.00%0.98%0.98%1.01%1.04%1.11%0.96%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435374596510844
EBITDA-------------$1.29B$1.35B$1.25B$3.21B$2.08B-$1.44B$1.57B$1.69B$1.77B$1.70B$1.45B$1.70B$1.72B$2.35B$3.06B$2.83B
Avg Forecast$1.67B$1.70B$1.69B$1.64B$1.61B$1.60B$1.60B$1.55B$1.56B$1.54B$1.55B$1.73B$1.47B$1.48B$1.50B$1.57B$1.44B$1.82B$1.24B$1.43B$1.53B$1.65B$1.58B$1.55B$1.38B$1.63B$1.53B$1.96B$3.06B$2.60B
High Forecast$1.69B$1.72B$1.71B$1.66B$1.63B$1.62B$1.62B$1.57B$1.58B$1.55B$1.57B$2.07B$1.48B$1.50B$1.52B$1.88B$1.46B$2.18B$1.24B$1.71B$1.83B$1.98B$1.90B$1.86B$1.66B$1.95B$1.84B$2.35B$3.68B$3.12B
Low Forecast$1.63B$1.66B$1.65B$1.60B$1.58B$1.56B$1.56B$1.52B$1.52B$1.53B$1.51B$1.38B$1.46B$1.45B$1.46B$1.25B$1.41B$1.45B$1.24B$1.14B$1.22B$1.32B$1.27B$1.24B$1.11B$1.30B$1.22B$1.57B$2.45B$2.08B
Surprise %-------------0.87%0.90%0.80%2.23%1.15%-1.01%1.03%1.02%1.12%1.09%1.05%1.04%1.12%1.20%1.00%1.09%

8 analysts predict BK's average Quarter EBITDA for Dec 23 to be $1.47B, with a high of $1.48B and a low of $1.46B. This is 13.86% 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435374596510844
Net Income-------------$1.04B$1.07B$976.00M$543.00M$388.00M-$773.00M$869.00M$947.00M$1.02B$927.00M$750.00M$937.00M$950.00M$980.00M$1.44B$1.04B
Avg Forecast$1.35B$1.34B$1.35B$1.13B$1.26B$1.21B$1.24B$1.02B$1.07B$1.04B$1.07B$924.33M$639.82M$864.19M$917.99M$840.30M$768.34M$1.02B$850.37M$763.91M$837.37M$928.43M$911.78M$820.45M$708.79M$897.13M$845.60M$816.67M$1.44B$954.12M
High Forecast$1.37B$1.36B$1.37B$1.15B$1.28B$1.23B$1.26B$1.03B$1.09B$1.06B$1.09B$1.11B$662.88M$878.23M$932.92M$1.01B$780.83M$1.23B$850.37M$916.69M$1.00B$1.11B$1.09B$984.54M$850.55M$1.08B$1.01B$980.00M$1.73B$1.14B
Low Forecast$1.31B$1.30B$1.31B$1.10B$1.22B$1.17B$1.20B$985.85M$1.04B$1.01B$1.04B$739.46M$610.99M$837.63M$889.78M$672.24M$744.73M$817.02M$850.37M$611.12M$669.89M$742.75M$729.43M$656.36M$567.03M$717.70M$676.48M$653.33M$1.15B$763.30M
Surprise %-------------1.20%1.16%1.16%0.71%0.38%-1.01%1.04%1.02%1.12%1.13%1.06%1.04%1.12%1.20%1.00%1.09%

Bank of New York Mellon's average Quarter net income forecast for Dec 23 is $639.82M, with a range of $610.99M to $662.88M. BK's average Quarter net income forecast represents a -38.36% decrease compared to the company's last Quarter net income of $1.04B (Sep 23).

Bank of New York Mellon SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435374596510844
SG&A-------------$1.75B$1.72B$1.79B$1.80B$1.67B-$1.70B$1.63B$1.58B$1.52B$1.60B$1.55B$1.47B$1.46B$1.48B$1.64B$1.48B
Avg Forecast$1.94B$1.97B$1.96B$1.90B$1.87B$1.86B$1.85B$1.80B$1.80B$1.78B$1.80B$2.04B$1.71B$1.72B$1.74B$1.85B$1.67B$1.71B$1.50B$1.68B$1.58B$1.55B$1.35B$1.42B$1.47B$1.40B$1.30B$1.24B$1.64B$1.36B
High Forecast$1.97B$1.99B$1.98B$1.93B$1.89B$1.88B$1.88B$1.82B$1.83B$1.80B$1.82B$2.44B$1.72B$1.74B$1.76B$2.22B$1.69B$2.05B$1.50B$2.02B$1.90B$1.86B$1.63B$1.70B$1.76B$1.68B$1.56B$1.48B$1.97B$1.63B
Low Forecast$1.90B$1.92B$1.91B$1.86B$1.83B$1.81B$1.81B$1.76B$1.76B$1.77B$1.76B$1.63B$1.70B$1.68B$1.70B$1.48B$1.63B$1.37B$1.50B$1.35B$1.27B$1.24B$1.08B$1.13B$1.17B$1.12B$1.04B$988.00M$1.31B$1.09B
Surprise %-------------1.02%0.99%0.97%1.08%0.98%-1.01%1.03%1.02%1.12%1.13%1.06%1.04%1.12%1.20%1.00%1.09%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435374596510844
EPS-------------$1.23$1.31$1.13$0.63$0.39-$0.86$1.07$1.04$1.14$0.97$0.79$0.98$1.01$1.05$1.52$1.07
Avg Forecast$1.80$1.79$1.79$1.51$1.67$1.61$1.65$1.35$1.42$1.38$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$0.91$0.90$1.40$0.99
High Forecast$1.83$1.81$1.82$1.53$1.70$1.64$1.67$1.38$1.45$1.41$1.45$1.21$0.88$1.17$1.24$1.14$1.04$1.12$1.12$0.87$1.04$1.04$1.03$0.90$0.91$0.97$0.94$0.93$1.44$1.02
Low Forecast$1.74$1.73$1.74$1.46$1.62$1.56$1.60$1.31$1.38$1.34$1.38$1.15$0.81$1.11$1.18$1.09$0.99$1.06$1.12$0.82$0.98$0.98$0.97$0.85$0.85$0.91$0.89$0.88$1.36$0.96
Surprise %-------------1.07%1.07%1.01%0.62%0.36%-1.02%1.06%1.03%1.14%1.11%0.90%1.04%1.11%1.16%1.09%1.08%

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
BENFranklin Resources$19.90$27.0035.68%Hold
IVZInvesco$16.01$21.6735.35%Hold
TROWT. Rowe Price Group$104.56$139.0032.94%Hold
SEICSEI Investments Company$66.82$86.6729.71%Buy
NTRSNorthern Trust$88.24$112.3027.27%Buy
AMGAffiliated Managers Group$169.26$194.6715.01%Buy
ARCCAres Capital$20.37$21.606.04%Buy
STTState Street$83.28$88.235.94%Hold
MAINMain Street Capital$49.95$52.004.10%Buy
BLKBlackRock$885.73$900.861.71%Buy
PFGPrincipal Financial Group$81.32$78.71-3.21%Hold
AMPAmeriprise Financial$440.39$424.57-3.59%Buy
BKBank of New York Mellon$68.70$62.60-8.88%Buy
BXBlackstone$151.19$130.50-13.68%Buy
JHGJanus Henderson Group$36.20$27.90-22.93%Hold

BK Forecast FAQ


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 9 'Buy' recommendations, accounting for 60.00% of BK's total ratings.

Bank of New York Mellon (BK) average price target is $62.6 with a range of $46 to $74, implying a -8.88% from its last price of $68.7. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BK stock, the company can go down by -8.88% (from the last price of $68.7 to the average price target of $62.6), up by 7.71% based on the highest stock price target, and down by -33.04% based on the lowest stock price target.

BK's average twelve months analyst stock price target of $62.6 does not support the claim that Bank of New York Mellon can reach $100 in the near future.

Bank of New York Mellon's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18.58B (high $18.81B, low $18.14B), average EBITDA is $6.37B (high $6.45B, low $6.22B), average net income is $4.73B (high $4.8B, low $4.58B), average SG&A $7.38B (high $7.48B, low $7.21B), and average EPS is $6.29 (high $6.39, low $6.09). BK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.56B (high $19.81B, low $19.1B), average EBITDA is $6.7B (high $6.79B, low $6.54B), average net income is $5.18B (high $5.26B, low $5.02B), average SG&A $7.77B (high $7.87B, low $7.59B), and average EPS is $6.89 (high $7, low $6.67).

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 $5.93B by 44.99%. The company's net income was $2.57B, missing the average estimation of $3.4B by -24.41%. Apple's SG&A was $6.8B, beating the average forecast of $6.56B by 3.59%. 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 $1.48B by -12.60%. Bank of New York Mellon's net income was $1.04B, beating the average estimation of $864.19M by 20.11%. 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%