Truist Financial (TFC) Stock Forecast, Price Target & Predictions
TFC Stock Forecast
Truist Financial stock forecast is as follows: an average price target of $54.07 (represents a 29.23% upside from TFC’s last price of $41.84) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
TFC Price Target
TFC Analyst Ratings
Truist Financial Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 10, 2024 | Terry McEvoy | Stephens | $50.00 | $41.63 | 20.11% | 19.50% |
Sep 03, 2024 | Scott Siefers | Piper Sandler | $43.00 | $44.22 | -2.76% | 2.77% |
Jul 23, 2024 | Stephen Biggar | Argus Research | $51.00 | $43.78 | 16.49% | 21.89% |
Jul 22, 2024 | Bill Carcache | Wolfe Research | $45.00 | $43.78 | 2.79% | 7.55% |
Jul 22, 2024 | John Pancari | Evercore ISI | $48.00 | $43.78 | 9.64% | 14.72% |
Jul 17, 2024 | David George | Truist Financial | $45.00 | $42.44 | 6.03% | 7.55% |
May 16, 2024 | Terry McEvoy | Stephens | $47.00 | $40.18 | 16.97% | 12.33% |
May 16, 2024 | Jason Goldberg | Barclays | $43.00 | $40.18 | 7.02% | 2.77% |
May 14, 2024 | Scott Siefers | Piper Sandler | $41.00 | $39.48 | 3.85% | -2.01% |
Apr 23, 2024 | David Rochester | Truist Financial | $42.00 | $38.96 | 7.80% | 0.38% |
Truist Financial Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 6 | 12 |
Avg Price Target | $46.50 | $47.00 | $44.50 |
Last Closing Price | $41.84 | $41.84 | $41.84 |
Upside/Downside | 11.14% | 12.33% | 6.36% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 10, 2024 | Stephens | Overweight | Overweight | Hold |
Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Aug 09, 2024 | Wolfe Research | Underperform | Peer Perform | Upgrade |
Aug 09, 2024 | Wolfe Research | Underperform | Cautious | Upgrade |
Jul 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
Jul 23, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
Jul 23, 2024 | Truist Financial | Buy | Buy | Hold |
Jul 23, 2024 | RBC Capital | Outperform | Outperform | Hold |
Jul 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Jul 23, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Truist Financial Financial Forecast
Truist Financial Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $8.42B | $5.67B | $5.92B | $6.10B | $6.21B | $1.48B | - | $5.33B | $5.53B | $5.60B | $5.65B | $5.45B | $5.65B | $5.57B | $5.87B | $5.61B | $3.63B | $3.00B |
Avg Forecast | $2.34B | $2.18B | $2.03B | $1.90B | $5.35B | $5.27B | $5.19B | $5.10B | $5.11B | $5.09B | $4.83B | $5.70B | $5.70B | $5.70B | $5.97B | $6.09B | $6.15B | $5.93B | $5.65B | $5.48B | $5.59B | $5.53B | $5.47B | $5.44B | $5.41B | $5.41B | $5.51B | $5.53B | $3.63B | $2.99B |
High Forecast | $2.36B | $2.20B | $2.05B | $1.91B | $5.38B | $5.31B | $5.22B | $5.14B | $5.14B | $5.11B | $4.86B | $5.74B | $5.72B | $5.74B | $6.01B | $6.13B | $6.20B | $5.97B | $5.65B | $5.56B | $5.66B | $5.60B | $5.55B | $5.52B | $5.49B | $5.48B | $5.58B | $5.60B | $3.68B | $3.03B |
Low Forecast | $2.33B | $2.17B | $2.02B | $1.88B | $5.31B | $5.24B | $5.15B | $5.07B | $5.08B | $5.05B | $4.79B | $5.66B | $5.68B | $5.67B | $5.93B | $6.05B | $6.11B | $5.89B | $5.65B | $5.34B | $5.44B | $5.38B | $5.33B | $5.30B | $5.27B | $5.27B | $5.36B | $5.38B | $3.53B | $2.91B |
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 0.99% | 0.99% | 1.00% | 1.01% | 0.25% | - | 0.97% | 0.99% | 1.01% | 1.03% | 1.00% | 1.04% | 1.03% | 1.07% | 1.02% | 1.00% | 1.00% |
Truist Financial EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $175.00M | $1.59B | $4.32B | $4.01B | $3.48B | $2.85B | - | $2.25B | $2.48B | $2.67B | $2.61B | $2.38B | $2.29B | $2.04B | $2.01B | $2.46B | $1.67B | $1.70B |
Avg Forecast | $-140.51M | $-130.97M | $-122.07M | $-113.78M | $-320.96M | $-316.51M | $-311.28M | $-306.21M | $-306.67M | $-305.74M | $-289.64M | $2.24B | $-341.84M | $-342.29M | $-358.18M | $2.04B | $-369.35M | $2.40B | $-339.09M | $1.86B | $2.24B | $2.18B | $1.76B | $2.23B | $1.79B | $1.86B | $1.73B | $1.87B | $1.66B | $1.83B |
High Forecast | $-139.57M | $-130.10M | $-121.26M | $-113.03M | $-318.83M | $-314.41M | $-309.21M | $-304.18M | $-304.63M | $-303.32M | $-287.71M | $2.69B | $-340.63M | $-340.02M | $-355.80M | $2.45B | $-366.90M | $2.88B | $-339.09M | $2.23B | $2.69B | $2.62B | $2.12B | $2.68B | $2.15B | $2.23B | $2.07B | $2.25B | $1.99B | $2.20B |
Low Forecast | $-141.45M | $-131.84M | $-122.89M | $-114.55M | $-323.11M | $-318.63M | $-313.36M | $-308.26M | $-308.72M | $-306.96M | $-291.58M | $1.80B | $-343.05M | $-344.59M | $-360.57M | $1.63B | $-371.82M | $1.92B | $-339.09M | $1.48B | $1.80B | $1.75B | $1.41B | $1.79B | $1.43B | $1.49B | $1.38B | $1.50B | $1.32B | $1.47B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.51% | -4.66% | -12.07% | 1.96% | -9.43% | 1.19% | - | 1.21% | 1.11% | 1.22% | 1.48% | 1.07% | 1.28% | 1.10% | 1.16% | 1.31% | 1.01% | 0.93% |
Truist Financial Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-5.09B | $1.18B | $1.31B | $1.51B | $1.68B | $1.63B | - | $1.42B | $1.60B | $1.70B | $1.66B | $1.48B | $1.33B | $1.14B | $955.00M | $1.06B | $721.00M | $825.00M |
Avg Forecast | $1.51B | $1.46B | $1.49B | $1.41B | $1.44B | $1.34B | $1.31B | $1.19B | $1.20B | $1.22B | $880.70M | $1.51B | $913.73M | $1.09B | $1.34B | $1.37B | $1.67B | $1.53B | $1.44B | $1.25B | $1.45B | $1.39B | $1.12B | $1.38B | $1.04B | $1.04B | $822.36M | $806.87M | $714.00M | $889.08M |
High Forecast | $1.52B | $1.48B | $1.50B | $1.42B | $1.46B | $1.35B | $1.32B | $1.20B | $1.22B | $1.25B | $888.37M | $1.81B | $996.80M | $1.10B | $1.35B | $1.65B | $1.68B | $1.84B | $1.44B | $1.50B | $1.74B | $1.67B | $1.34B | $1.66B | $1.25B | $1.24B | $986.83M | $968.24M | $856.80M | $1.07B |
Low Forecast | $1.50B | $1.45B | $1.48B | $1.39B | $1.43B | $1.33B | $1.29B | $1.18B | $1.19B | $1.16B | $873.10M | $1.21B | $872.19M | $1.08B | $1.33B | $1.10B | $1.65B | $1.22B | $1.44B | $998.22M | $1.16B | $1.11B | $895.06M | $1.11B | $833.02M | $828.57M | $657.89M | $645.49M | $571.20M | $711.26M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -5.57% | 1.08% | 0.98% | 1.10% | 1.01% | 1.07% | - | 1.13% | 1.11% | 1.22% | 1.48% | 1.07% | 1.28% | 1.10% | 1.16% | 1.31% | 1.01% | 0.93% |
Truist Financial SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.28B | $2.33B | $2.26B | $2.27B | $2.22B | - | $2.13B | $2.16B | $2.28B | $2.27B | $2.21B | $2.17B | $2.13B | $2.06B | $2.06B | $1.51B | $1.16B |
Avg Forecast | $1.19B | $1.11B | $1.03B | $963.81M | $2.72B | $2.68B | $2.64B | $2.59B | $2.60B | $2.59B | $2.45B | $2.28B | $2.90B | $2.90B | $3.03B | $2.07B | $3.13B | $2.05B | $2.87B | $1.88B | $1.96B | $1.86B | $1.53B | $2.07B | $1.70B | $1.94B | $1.78B | $1.57B | $1.50B | $1.25B |
High Forecast | $1.20B | $1.12B | $1.04B | $970.27M | $2.74B | $2.70B | $2.65B | $2.61B | $2.62B | $2.60B | $2.47B | $2.73B | $2.91B | $2.92B | $3.05B | $2.49B | $3.15B | $2.46B | $2.87B | $2.26B | $2.35B | $2.24B | $1.84B | $2.48B | $2.04B | $2.33B | $2.13B | $1.88B | $1.79B | $1.50B |
Low Forecast | $1.18B | $1.10B | $1.03B | $957.42M | $2.70B | $2.66B | $2.62B | $2.58B | $2.58B | $2.57B | $2.44B | $1.82B | $2.89B | $2.88B | $3.01B | $1.66B | $3.11B | $1.64B | $2.87B | $1.51B | $1.57B | $1.49B | $1.23B | $1.66B | $1.36B | $1.55B | $1.42B | $1.25B | $1.20B | $1.00B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.77% | 1.09% | 0.72% | 1.08% | - | 1.13% | 1.11% | 1.22% | 1.48% | 1.07% | 1.28% | 1.10% | 1.16% | 1.31% | 1.01% | 0.93% |
Truist Financial EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-3.82 | $0.80 | $0.93 | $1.06 | $1.21 | $1.16 | - | $1.00 | $1.20 | $1.21 | $1.16 | $0.99 | $0.91 | $0.79 | $0.67 | $0.73 | $0.76 | $0.96 |
Avg Forecast | $1.13 | $1.09 | $1.11 | $1.05 | $1.08 | $1.00 | $0.98 | $0.89 | $0.90 | $0.91 | $0.66 | $0.78 | $0.68 | $0.81 | $1.00 | $1.14 | $1.24 | $1.19 | $1.07 | $0.93 | $1.13 | $1.09 | $0.98 | $0.94 | $0.86 | $0.84 | $0.68 | $0.65 | $0.90 | $1.01 |
High Forecast | $1.14 | $1.10 | $1.12 | $1.06 | $1.09 | $1.01 | $0.98 | $0.90 | $0.91 | $0.93 | $0.66 | $0.79 | $0.74 | $0.82 | $1.01 | $1.15 | $1.26 | $1.20 | $1.07 | $0.94 | $1.15 | $1.11 | $1.00 | $0.95 | $0.88 | $0.85 | $0.69 | $0.67 | $0.92 | $1.03 |
Low Forecast | $1.12 | $1.08 | $1.10 | $1.04 | $1.07 | $0.99 | $0.97 | $0.88 | $0.89 | $0.87 | $0.65 | $0.77 | $0.65 | $0.81 | $0.99 | $1.13 | $1.23 | $1.18 | $1.07 | $0.89 | $1.09 | $1.06 | $0.95 | $0.90 | $0.83 | $0.81 | $0.65 | $0.63 | $0.87 | $0.97 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -5.59% | 0.98% | 0.93% | 0.93% | 0.97% | 0.97% | - | 1.08% | 1.06% | 1.11% | 1.18% | 1.06% | 1.06% | 0.94% | 0.99% | 1.12% | 0.84% | 0.95% |
Truist Financial Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
RF | Regions Financial | $21.97 | $24.19 | 10.10% | Buy |
MTB | M&T Bank | $168.88 | $184.69 | 9.36% | Buy |
PNC | PNC Financial Services Group | $177.24 | $188.63 | 6.43% | Buy |
WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
FITB | Fifth Third Bancorp | $42.07 | $38.67 | -8.08% | Buy |
TFC Forecast FAQ
Is Truist Financial a good buy?
Yes, according to 13 Wall Street analysts, Truist Financial (TFC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of TFC's total ratings.
What is TFC's price target?
Truist Financial (TFC) average price target is $54.07 with a range of $43 to $76, implying a 29.23% from its last price of $41.84. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Truist Financial stock go up soon?
According to Wall Street analysts' prediction for TFC stock, the company can go up by 29.23% (from the last price of $41.84 to the average price target of $54.07), up by 81.64% based on the highest stock price target, and up by 2.77% based on the lowest stock price target.
Can Truist Financial stock reach $60?
TFC's highest twelve months analyst stock price target of $76 supports the claim that Truist Financial can reach $60 in the near future.
What is Truist Financial's current price target trend?
2 Wall Street analysts forecast a $46.5 price target for Truist Financial (TFC) this month, up 11.14% from its last price of $41.84. Compared to the last 3 and 12 months, the average price target increased by 12.33% and increased by 6.36%, respectively.
What are Truist Financial's analysts' financial forecasts?
Truist Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $20.91B (high $21.05B, low $20.77B), average EBITDA is $-1.255B (high $-1.247B, low $-1.263B), average net income is $5.28B (high $5.33B, low $5.24B), average SG&A $10.63B (high $10.7B, low $10.56B), and average EPS is $3.95 (high $3.98, low $3.91). TFC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.45B (high $8.51B, low $8.4B), average EBITDA is $-507M (high $-504M, low $-511M), average net income is $5.87B (high $5.92B, low $5.82B), average SG&A $4.3B (high $4.33B, low $4.27B), and average EPS is $4.39 (high $4.42, low $4.35).
Did the TFC's actual financial results beat the analysts' financial forecasts?
Based on Truist Financial's last annual report (Dec 2023), the company's revenue was $33.25B, beating the average analysts forecast of $23.46B by 41.70%. Apple's EBITDA was $665M, missing the average prediction of $998.57M by -33.40%. The company's net income was $-1.091B, missing the average estimation of $4.71B by -123.14%. Apple's SG&A was $0, missing the average forecast of $10.9B by -100.00%. Lastly, the company's EPS was $-0.82, missing the average prediction of $3.64 by -122.54%. In terms of the last quarterly report (Dec 2023), Truist Financial's revenue was $8.42B, beating the average analysts' forecast of $5.7B by 47.83%. The company's EBITDA was $175M, missing the average prediction of $-342M by -151.19%. Truist Financial's net income was $-5.09B, missing the average estimation of $913.73M by -657.06%. The company's SG&A was $0, missing the average forecast of $2.9B by -100.00%. Lastly, the company's EPS was $-3.82, missing the average prediction of $0.683 by -659.44%