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Wells Fargo & Company (WFC) Stock Forecast, Price Target & Predictions

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WFC Stock Forecast

Wells Fargo & Company stock forecast is as follows: an average price target of $67.15 (represents a -4.54% downside from WFC’s last price of $70.34) and a rating consensus of 'Buy', based on 24 wall street analysts offering a 1-year stock forecast.

WFC Price Target

The average price target for Wells Fargo & Company (WFC) is $67.15 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $92.00 to $60.00. This represents a potential -4.54% downside from WFC's last price of $70.34.

WFC Analyst Ratings

Buy

According to 24 Wall Street analysts, Wells Fargo & Company's rating consensus is 'Buy'. The analyst rating breakdown for WFC stock is 0 'Strong Buy' (0.00%), 14 'Buy' (58.33%), 10 'Hold' (41.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Wells Fargo & Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 19, 2024Alexander YokumCFRA$92.00$52.7674.37%30.79%
Oct 15, 2024David RochesterCompass Point$60.00$63.42-5.40%-14.70%
Oct 14, 2024Gerard CassidyWells Fargo$61.00$62.16-1.87%-13.28%
Oct 14, 2024Keith HorowitzCitigroup$67.00$63.026.31%-4.75%
Oct 14, 2024David GeorgeRobert W. Baird$62.00$60.991.66%-11.86%
Oct 14, 2024Scott SiefersPiper Sandler$62.00$60.991.66%-11.86%
Oct 14, 2024Jason GoldbergBarclays$75.00$60.9922.97%6.62%
Oct 14, 2024John PancariEvercore ISI$71.00$60.9916.41%0.94%
Oct 11, 2024Matt O' ConnorDeutsche Bank$65.00$57.7512.55%-7.59%
Sep 27, 2024Ebrahim PoonawalaBank of America Securities$70.00$55.9025.22%-0.48%
Sep 03, 2024Matt O'ConnorWells Fargo$65.00$58.4711.17%-7.59%
Aug 20, 2024Kazuya NishimuraDaiwa$63.00$56.4511.60%-10.44%
Jul 15, 2024Gerard CassidyRBC Capital$61.00$58.095.02%-13.28%
Jul 12, 2024Richard RamsdenGoldman Sachs$64.00$56.5413.19%-9.01%
Jul 11, 2024David RochesterCompass Point$64.00$60.286.17%-9.01%
May 21, 2024Scott SiefersPiper Sandler$61.00$61.03-0.06%-13.28%
Apr 12, 2024Kenneth LeonWells Fargo$70.00$56.4723.96%-0.48%
Apr 12, 2024John PancariEvercore ISI$67.00$55.7020.28%-4.75%
Apr 12, 2024Richard RamsdenGoldman Sachs$65.00$55.6516.81%-7.59%
Apr 08, 2024David RochesterWells Fargo$64.00$57.7910.75%-9.01%
Apr 01, 2024Kenneth LeonCFRA$59.00$57.612.41%-16.12%
Mar 27, 2024David KonradWells Fargo$62.00$56.689.39%-11.86%
Jan 11, 2024David GeorgeRobert W. Baird$55.00$48.7412.83%-21.81%
Jan 11, 2024Matt O’ConnorDeutsche Bank$51.00$48.744.63%-27.50%
Dec 14, 2023Richard BoveWells Fargo$56.08$47.7617.42%-20.27%
Jul 17, 2023James FotheringhamLoop Capital Markets$51.00$44.7014.08%-27.50%
Apr 17, 2023Richard BoveWells Fargo$44.60$40.988.82%-36.59%
Apr 17, 2023Gerard CassidyWells Fargo$42.00$40.882.73%-40.29%
Apr 14, 2023Scott SiefersPiper Sandler$47.00$39.6618.51%-33.18%
Apr 06, 2023David LongWells Fargo$47.00$37.9223.95%-33.18%
Nov 01, 2022Keith HorowitzWells Fargo$50.00$46.786.87%-28.92%
Jul 17, 2022Jason GoldbergBarclays$58.00$41.1341.02%-17.54%
Jul 15, 2022Betsy GraseckMorgan Stanley$59.00$41.1343.45%-16.12%
Jun 24, 2022David LongRaymond James$50.00$37.9031.93%-28.92%
Apr 20, 2022David LongRaymond James$60.00$47.8325.44%-14.70%
Apr 18, 2022Jason GoldbergBarclays$64.00$47.0735.97%-9.01%
Apr 02, 2022Betsy GraseckMorgan Stanley$66.00$48.7135.50%-6.17%
Feb 06, 2022Vivek JunejaWells Fargo$58.50$56.333.85%-16.83%
Jan 18, 2022John PancariEvercore ISI$65.00$56.4415.17%-7.59%
Jan 17, 2022David KonradKBW$67.00$57.8015.92%-4.75%
Jan 17, 2022James FotheringhamBMO Capital$54.00$57.80-6.57%-23.23%
Jan 14, 2022Richard RamsdenGoldman Sachs$56.00$57.80-3.11%-20.39%
Jan 04, 2022Steven ChubakWolfe Research$65.00$52.5123.79%-7.59%
Jan 03, 2022Jason GoldbergBarclays$62.00$50.5022.77%-11.86%
Jul 19, 2021Susan Roth KatzkeCredit Suisse$55.00$42.5129.38%-21.81%
May 18, 2021Dave RochesterCompass Point$53.00$46.2714.55%-24.65%
Apr 15, 2021Keith HorowitzCitigroup$50.00$41.6220.13%-28.92%

The latest Wells Fargo & Company stock forecast, released on Nov 19, 2024 by Alexander Yokum from CFRA, set a price target of $92.00, which represents a 74.37% increase from the stock price at the time of the forecast ($52.76), and a 30.79% increase from WFC last price ($70.34).

Wells Fargo & Company Price Target by Period

1M3M12M
# Anlaysts11024
Avg Price Target$92.00$68.50$64.83
Last Closing Price$70.34$70.34$70.34
Upside/Downside30.79%-2.62%-7.83%

In the current month, the average price target of Wells Fargo & Company stock is $92.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 30.79% increase as opposed to Wells Fargo & Company's last price of $70.34. This month's average price target is up 34.31% compared to last quarter, and up 41.91% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 19, 2024CFRABuyBuyHold
Oct 15, 2024Compass PointNeutralNeutralHold
Oct 15, 2024Wells FargoPositiveAccumulateUpgrade
Oct 14, 2024Wells FargoOutperformOutperformHold
Oct 14, 2024CitigroupNeutralNeutralHold
Oct 14, 2024Piper SandlerNeutralNeutralHold
Oct 14, 2024BarclaysOverweightOverweightHold
Oct 11, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 08, 2024Wells FargoUnderperformPositiveDowngrade
Oct 08, 2024Wolfe ResearchOutperformUpgrade
Oct 02, 2024Evercore ISIOutperformOutperformHold
Oct 01, 2024Goldman SachsBuyBuyHold
Sep 30, 2024Wells FargoUnderperformUnderperformHold
Sep 27, 2024Bank of America SecuritiesBuyBuyHold
Sep 12, 2024CitigroupNeutralNeutralHold
Sep 10, 2024BarclaysOverweightOverweightHold
Sep 06, 2024Evercore ISIOutperformOutperformHold
Sep 03, 2024Piper SandlerNeutralNeutralHold
Sep 03, 2024Wells FargoUnderperformBuyUpgrade
Sep 03, 2024Wells FargoUnderperformPositiveUpgrade
Aug 20, 2024DaiwaOutperformOutperformHold
Jul 30, 2024Wells FargoUnderperformUnderperformHold
Jul 30, 2024Morgan StanleyOverweightOverweightHold
Jul 15, 2024OppenheimerPerformPerformHold
Jul 15, 2024RBC CapitalSector PerformSector PerformHold
Jul 15, 2024BMO CapitalMarket PerformMarket PerformHold
Jul 15, 2024Evercore ISIOutperformOutperformHold
Jul 11, 2024Argus ResearchBuyBuyHold
Jul 11, 2024HSBCHoldHoldHold
Jul 11, 2024Goldman SachsBuyBuyHold
Jul 03, 2024JefferiesHoldHoldHold
May 21, 2024Piper SandlerNeutralNeutralHold
Apr 12, 2024Evercore ISIOutperformOutperformHold
Apr 12, 2024Goldman SachsBuyBuyHold
Apr 11, 2024Wells FargoPositivePositiveHold
Apr 11, 2024Piper SandlerNeutralNeutralHold
Apr 09, 2024Raymond JamesMarket PerformMarket PerformHold
Apr 09, 2024Wells FargoUnderperformUnderperformHold
Apr 09, 2024Wells FargoNeutralNegativeDowngrade
Apr 08, 2024Wells FargoMarket PerformNeutralDowngrade
Apr 08, 2024JefferiesHoldHoldHold
Apr 04, 2024UBSBuyBuyHold
Apr 04, 2024Seaport GlobalBuyBuyHold
Apr 01, 2024CFRAHoldHoldHold
Mar 27, 2024Keefe, Bruyette & WoodsMarket PerformDowngrade
Mar 27, 2024Wells FargoUnderperformMarket PerformDowngrade
Mar 13, 2024Wells FargoUnderperformUnderperformHold
Jan 30, 2024Wells FargoUnderperformEqual-WeightDowngrade
Jan 30, 2024Morgan StanleyOverweightOverweightHold
Jan 18, 2024Wells FargoUnderperformUnderperformHold
Jan 11, 2024Goldman SachsBuyBuyHold
Jan 11, 2024Raymond JamesStrong BuyStrong BuyHold
Jan 11, 2024Piper SandlerNeutralNeutralHold
Jan 09, 2024Wells FargoReduceReduceHold
Aug 01, 2023Atlantic EquitiesOverweightOverweightHold
Jul 17, 2023OppenheimerPerformPerformHold
Jul 17, 2023Raymond JamesStrong BuyStrong BuyHold
Jul 17, 2023CitigroupBuyBuyHold
Jul 03, 2023Wells FargoStrong BuyStrong BuyHold
May 25, 2023Wells FargoStrong BuyBuyUpgrade
Apr 17, 2023Wells FargoNeutralNeutralHold
Apr 17, 2023Raymond JamesStrong BuyStrong BuyHold
Apr 14, 2023CitigroupNeutralNeutralHold
Apr 14, 2023Piper SandlerOverweightNeutralDowngrade
Apr 14, 2023BMO CapitalMarket PerformMarket PerformHold
Apr 06, 2023Wells FargoOverweightPositiveUpgrade
Apr 06, 2023Raymond JamesOutperformStrong BuyUpgrade
Mar 24, 2023RBC CapitalSector PerformSector PerformHold
Jan 23, 2023Sandler O'NeillNeutralDowngrade
Dec 06, 2022Morgan StanleyOverweightOverweightHold
Nov 28, 2022Wells FargoOverweightOverweightHold
Oct 14, 2022Cowen & Co.OutperformUpgrade
Oct 05, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 03, 2022Goldman SachsBuyUpgrade
Sep 28, 2022Wells FargoBuyBuyHold
Jul 17, 2022BarclaysOverweightOverweightHold
Jul 16, 2022CitigroupBuyBuyHold
Jul 15, 2022Morgan StanleyOverweightOverweightHold
Jul 11, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 26, 2022Raymond JamesOutperformOutperformHold
Apr 26, 2022Wells FargoBuyOverweightUpgrade
Apr 24, 2022Wells FargoBuyBuyHold
Apr 24, 2022CitigroupBuyBuyHold
Apr 23, 2022Wells FargoPositivePositiveHold
Apr 20, 2022Raymond JamesOutperformOutperformHold
Apr 18, 2022BarclaysOverweightOverweightHold
Apr 14, 2022Wells FargoNeutralBuyUpgrade
Apr 04, 2022Piper SandlerOverweightOverweightHold
Apr 02, 2022Morgan StanleyIn-LineDowngrade
Feb 06, 2022Wells FargoNeutralNeutralHold
Jan 29, 2022Deutsche BankBuyBuyHold
Jan 29, 2022Wells FargoReduceReduceHold
Jan 09, 2022Wells FargoNeutralNeutralHold
Jan 03, 2022Wells FargoBuyOverweightUpgrade
Jun 09, 2021Wells FargoOutperformBuyUpgrade
Jan 19, 2021Wells FargoOutperformOutperformHold
Nov 20, 2020Wells FargoBuyUpgrade

Wells Fargo & Company's last stock rating was published by CFRA on Nov 19, 2024. The company gave WFC a "Buy" rating, the same as its previous rate.

Wells Fargo & Company Financial Forecast

Wells Fargo & Company 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----------------$20.48B$20.86B$20.53B$20.73B$19.66B$19.50B$17.03B$17.59B$20.86B$18.83B$20.27B$18.06B$18.08B$18.84B
Avg Forecast$22.90B$22.82B$22.51B$22.27B$21.75B$21.57B$21.23B$20.93B$20.88B$20.93B$20.64B$20.46B$20.48B$20.40B$20.30B$20.21B$20.30B$20.09B$20.17B$20.09B$19.99B$18.77B$17.48B$17.78B$18.84B$18.27B$17.76B$17.52B$18.12B$18.02B
High Forecast$23.18B$23.10B$22.77B$22.54B$22.01B$21.83B$21.49B$21.18B$21.13B$21.18B$20.88B$20.81B$20.66B$20.43B$20.31B$20.22B$20.61B$20.33B$20.41B$20.33B$20.23B$18.99B$17.68B$17.99B$19.06B$18.49B$17.97B$17.72B$18.33B$18.24B
Low Forecast$22.61B$22.53B$22.21B$21.99B$21.47B$21.29B$20.96B$20.66B$20.61B$20.66B$20.37B$20.04B$20.12B$20.38B$20.30B$20.20B$20.14B$19.82B$19.90B$19.83B$19.73B$18.54B$17.26B$17.56B$18.60B$18.04B$17.53B$17.30B$17.89B$17.80B
# Analysts33333333444673991099988889999137
Surprise %----------------1.01%1.04%1.02%1.03%0.98%1.04%0.97%0.99%1.11%1.03%1.14%1.03%1.00%1.05%

Wells Fargo & Company's average Quarter revenue forecast for Mar 24 based on 9 analysts is $20.21B, with a low forecast of $20.20B, and a high forecast of $20.22B. WFC's average Quarter revenue forecast represents a -1.31% decrease compared to the company's last Quarter revenue of $20.48B (Dec 23).

Wells Fargo & Company 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
# Analysts33333333444673991099988889999137
EBITDA----------------$6.82B$6.58B$13.54B$11.98B$7.10B$6.28B$6.86B$7.13B$10.12B$9.48B$10.31B$8.54B$6.59B$6.49B
Avg Forecast$5.22B$5.20B$5.13B$5.07B$4.95B$4.91B$4.84B$4.77B$4.76B$4.77B$4.70B$4.66B$4.67B$4.65B$4.62B$7.76B$4.62B$4.57B$4.59B$7.06B$9.92B$8.96B$8.34B$6.42B$8.99B$8.72B$8.48B$4.70B$8.65B$8.60B
High Forecast$5.28B$5.26B$5.19B$5.13B$5.01B$4.97B$4.89B$4.82B$4.81B$4.82B$4.76B$4.74B$4.71B$4.65B$4.63B$9.32B$4.69B$4.63B$4.65B$8.47B$11.91B$9.07B$8.44B$7.70B$9.10B$8.83B$8.58B$5.64B$8.75B$8.71B
Low Forecast$5.15B$5.13B$5.06B$5.01B$4.89B$4.85B$4.77B$4.70B$4.69B$4.71B$4.64B$4.56B$4.58B$4.64B$4.62B$6.21B$4.59B$4.52B$4.53B$5.65B$7.94B$8.85B$8.24B$5.13B$8.88B$8.61B$8.37B$3.76B$8.54B$8.50B
Surprise %----------------1.48%1.44%2.95%1.70%0.72%0.70%0.82%1.11%1.13%1.09%1.22%1.82%0.76%0.75%

9 analysts predict WFC's average Quarter EBITDA for Mar 24 to be $7.76B, with a high of $9.32B and a low of $6.21B. This is 13.83% upper than Wells Fargo & Company's previous annual EBITDA (Dec 23) of $6.82B.

Wells Fargo & Company 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
# Analysts33333333444673991099988889999137
Net Income----------------$3.16B$5.77B$4.94B$4.99B$2.86B$3.53B$3.12B$3.67B$6.40B$5.12B$6.04B$4.74B$2.99B$2.04B
Avg Forecast$7.16B$7.19B$6.64B$5.93B$5.82B$5.71B$5.46B$4.51B$5.08B$5.05B$4.75B$4.09B$4.58B$4.40B$4.41B$4.00B$2.93B$4.26B$3.96B$3.63B$5.65B$3.75B$2.76B$3.30B$3.80B$3.41B$3.34B$2.61B$2.06B$1.53B
High Forecast$7.27B$7.30B$6.75B$6.02B$5.91B$5.80B$5.54B$4.58B$5.16B$5.13B$4.82B$4.78B$4.86B$4.41B$4.50B$4.80B$3.56B$4.32B$4.02B$4.36B$6.78B$3.80B$2.80B$3.96B$3.85B$3.46B$3.40B$3.13B$2.09B$1.55B
Low Forecast$7.04B$7.07B$6.53B$5.83B$5.72B$5.62B$5.36B$4.44B$4.99B$4.97B$4.67B$3.71B$4.41B$4.38B$4.33B$3.20B$2.65B$4.18B$3.89B$2.91B$4.52B$3.69B$2.71B$2.64B$3.73B$3.35B$3.28B$2.09B$2.02B$1.50B
Surprise %----------------1.08%1.36%1.25%1.37%0.51%0.94%1.13%1.11%1.69%1.50%1.81%1.82%1.46%1.33%

Wells Fargo & Company's average Quarter net income forecast for Mar 24 is $4.00B, with a range of $3.20B to $4.80B. WFC's average Quarter net income forecast represents a 26.51% increase compared to the company's last Quarter net income of $3.16B (Dec 23).

Wells Fargo & Company 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
# Analysts33333333444673991099988889999137
SG&A----------------$12.67B$9.01B$8.97B$9.75B$8.78B$8.52B$8.73B$9.56B$8.70B$8.84B$9.18B$9.65B$8.29B$9.06B
Avg Forecast$14.28B$14.23B$14.03B$13.88B$13.56B$13.44B$13.24B$13.05B$13.02B$13.05B$12.86B$12.75B$12.77B$12.72B$12.65B$10.41B$12.65B$12.52B$12.57B$9.46B$8.55B$11.58B$10.78B$8.60B$11.62B$11.27B$10.95B$5.31B$11.18B$11.12B
High Forecast$14.45B$14.40B$14.20B$14.05B$13.72B$13.60B$13.39B$13.20B$13.17B$13.20B$13.02B$12.97B$12.88B$12.73B$12.66B$12.49B$12.84B$12.67B$12.72B$11.35B$10.26B$11.71B$10.91B$10.32B$11.76B$11.40B$11.08B$6.37B$11.31B$11.25B
Low Forecast$14.09B$14.04B$13.85B$13.70B$13.38B$13.27B$13.06B$12.88B$12.85B$12.88B$12.69B$12.49B$12.54B$12.70B$12.65B$8.33B$12.55B$12.36B$12.41B$7.57B$6.84B$11.43B$10.64B$6.88B$11.47B$11.13B$10.81B$4.25B$11.04B$10.98B
Surprise %----------------1.00%0.72%0.71%1.03%1.03%0.74%0.81%1.11%0.75%0.78%0.84%1.82%0.74%0.81%

Wells Fargo & Company's average Quarter SG&A projection for Mar 24 is $10.41B, based on 9 Wall Street analysts, with a range of $8.33B to $12.49B. The forecast indicates a -17.82% fall compared to WFC last annual SG&A of $12.67B (Dec 23).

Wells Fargo & Company 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
# Analysts33333333444673991099988889999137
EPS----------------$0.86$1.49$1.26$1.24$0.68$0.86$0.75$0.89$1.63$1.18$1.39$1.05$0.64$0.49
Avg Forecast$2.09$2.10$1.94$1.73$1.70$1.67$1.59$1.32$1.48$1.48$1.39$1.19$1.34$1.28$1.29$1.07$0.86$1.24$1.16$1.14$0.60$1.09$0.80$0.81$1.11$1.00$0.98$0.70$0.60$0.45
High Forecast$2.12$2.13$1.97$1.76$1.73$1.69$1.62$1.34$1.51$1.50$1.41$1.39$1.42$1.29$1.31$1.07$1.04$1.26$1.17$1.16$0.60$1.11$0.82$0.82$1.13$1.01$0.99$0.71$0.61$0.45
Low Forecast$2.05$2.06$1.91$1.70$1.67$1.64$1.57$1.30$1.46$1.45$1.36$1.08$1.29$1.28$1.26$1.06$0.77$1.22$1.14$1.12$0.59$1.08$0.79$0.79$1.09$0.98$0.96$0.69$0.59$0.44
Surprise %----------------1.00%1.20%1.09%1.09%1.14%0.79%0.93%1.10%1.47%1.19%1.43%1.50%1.07%1.10%

According to 9 Wall Street analysts, Wells Fargo & Company's projected average Quarter EPS for Mar 24 is $1.07, with a low estimate of $1.06 and a high estimate of $1.07. This represents a 23.96% increase compared to WFC previous annual EPS of $0.86 (Dec 23).

Wells Fargo & Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BCSBarclays$13.33$29.00117.55%Buy
TDToronto-Dominion Bank$52.55$89.5270.35%Buy
CMCanadian Imperial Bank of Commerce$65.76$106.6262.14%Buy
RYRoyal Bank of Canada$123.70$193.0056.02%Buy
INGING Groep$15.33$22.5046.77%Buy
NUNu$11.70$15.4031.62%Buy
BNSBank of Nova Scotia$54.74$71.0029.70%Hold
BMOBank of Montreal$98.15$120.9523.23%Hold
BACBank of America$45.05$55.0022.09%Buy
UBSUBS Group$31.40$34.008.28%Buy
CCitigroup$71.12$76.006.86%Buy
WFCWells Fargo & Company$70.81$67.15-5.17%Buy
JPMJPMorgan Chase$238.36$225.42-5.43%Buy

WFC Forecast FAQ

Is Wells Fargo & Company a good buy?

Yes, according to 24 Wall Street analysts, Wells Fargo & Company (WFC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 58.33% of WFC's total ratings.

What is WFC's price target?

Wells Fargo & Company (WFC) average price target is $67.15 with a range of $60 to $92, implying a -4.54% from its last price of $70.34. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Wells Fargo & Company stock go up soon?

According to Wall Street analysts' prediction for WFC stock, the company can go down by -4.54% (from the last price of $70.34 to the average price target of $67.15), up by 30.79% based on the highest stock price target, and down by -14.70% based on the lowest stock price target.

Can Wells Fargo & Company stock reach $110?

WFC's average twelve months analyst stock price target of $67.15 does not support the claim that Wells Fargo & Company can reach $110 in the near future.

What is Wells Fargo & Company's current price target trend?

1 Wall Street analyst forecast a $92 price target for Wells Fargo & Company (WFC) this month, up 30.79% from its last price of $70.34. Compared to the last 3 and 12 months, the average price target decreased by -2.62% and decreased by -7.83%, respectively.

What are Wells Fargo & Company's analysts' financial forecasts?

Wells Fargo & Company's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $85.48B (high $86.5B, low $84.37B), average EBITDA is $19.47B (high $19.7B, low $19.22B), average net income is $21.51B (high $21.84B, low $21.14B), average SG&A $53.28B (high $53.92B, low $52.59B), and average EPS is $6.28 (high $6.38, low $6.17). WFC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $90.51B (high $91.59B, low $89.33B), average EBITDA is $20.61B (high $20.86B, low $20.35B), average net income is $26.92B (high $27.34B, low $26.47B), average SG&A $56.41B (high $57.09B, low $55.68B), and average EPS is $7.86 (high $7.98, low $7.73).

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

Based on Wells Fargo & Company's last annual report (Dec 2023), the company's revenue was $82.6B, beating the average analysts forecast of $80.64B by 2.42%. Apple's EBITDA was $43.27B, beating the average prediction of $20.85B by 107.56%. The company's net income was $17.98B, beating the average estimation of $14.78B by 21.69%. Apple's SG&A was $49.23B, beating the average forecast of $47.2B by 4.29%. Lastly, the company's EPS was $4.83, beating the average prediction of $4.39 by 9.96%. In terms of the last quarterly report (Dec 2023), Wells Fargo & Company's revenue was $20.48B, beating the average analysts' forecast of $20.3B by 0.89%. The company's EBITDA was $6.82B, beating the average prediction of $4.62B by 47.53%. Wells Fargo & Company's net income was $3.16B, beating the average estimation of $2.93B by 7.79%. The company's SG&A was $12.67B, beating the average forecast of $12.65B by 0.12%. Lastly, the company's EPS was $0.86, beating the average prediction of $0.856 by 0.48%