Wells Fargo & Company (WFC) Stock Forecast, Price Target & Predictions
WFC Stock Forecast
Wells Fargo & Company stock forecast is as follows: an average price target of $58.89 (represents a 11.58% upside from WFC’s last price of $52.78) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.
WFC Price Target
WFC Analyst Ratings
Wells Fargo & Company Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 03, 2024 | Matt O'Connor | Wells Fargo | $65.00 | $58.47 | 11.17% | 23.15% |
Aug 20, 2024 | Kazuya Nishimura | Daiwa | $63.00 | $56.45 | 11.60% | 19.36% |
Jul 15, 2024 | Gerard Cassidy | RBC Capital | $61.00 | $58.09 | 5.02% | 15.57% |
Jul 12, 2024 | Richard Ramsden | Goldman Sachs | $64.00 | $56.54 | 13.19% | 21.26% |
Jul 11, 2024 | David Rochester | Compass Point | $64.00 | $60.28 | 6.17% | 21.26% |
May 21, 2024 | Scott Siefers | Piper Sandler | $61.00 | $61.03 | -0.06% | 15.57% |
Apr 12, 2024 | Kenneth Leon | Wells Fargo | $70.00 | $56.47 | 23.96% | 32.63% |
Apr 12, 2024 | John Pancari | Evercore ISI | $67.00 | $55.70 | 20.28% | 26.94% |
Apr 12, 2024 | Richard Ramsden | Goldman Sachs | $65.00 | $55.65 | 16.81% | 23.15% |
Apr 08, 2024 | David Rochester | Wells Fargo | $64.00 | $57.79 | 10.75% | 21.26% |
Wells Fargo & Company Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 5 | 15 |
Avg Price Target | $64.00 | $63.40 | $61.81 |
Last Closing Price | $52.78 | $52.78 | $52.78 |
Upside/Downside | 21.26% | 20.12% | 17.11% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 12, 2024 | Citigroup | Neutral | Neutral | Hold |
Sep 10, 2024 | Barclays | Overweight | Overweight | Hold |
Sep 06, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Sep 03, 2024 | Wells Fargo | Underperform | Buy | Upgrade |
Sep 03, 2024 | Wells Fargo | Underperform | Positive | Upgrade |
Aug 20, 2024 | Daiwa | Outperform | Outperform | Hold |
Jul 30, 2024 | Wells Fargo | Underperform | Underperform | Hold |
Jul 30, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Jul 15, 2024 | Oppenheimer | Perform | Perform | Hold |
Wells Fargo & Company Financial Forecast
Wells Fargo & Company Revenue Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.48B | $20.86B | $20.53B | $20.73B | $19.66B | $19.50B | - | $17.59B | $20.86B | $18.83B | $20.27B | $18.06B | $18.08B | $18.84B |
Avg Forecast | $22.48B | $22.61B | $22.47B | $22.11B | $21.45B | $21.43B | $21.38B | $21.05B | $20.79B | $20.70B | $20.57B | $20.34B | $20.26B | $20.38B | $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 | $23.06B | $23.18B | $23.04B | $22.68B | $22.00B | $21.97B | $21.92B | $21.59B | $21.32B | $21.22B | $21.10B | $20.86B | $20.78B | $20.63B | $20.82B | $20.72B | $20.61B | $20.60B | $20.68B | $20.61B | $20.50B | $19.25B | $17.48B | $18.12B | $19.20B | $18.62B | $18.09B | $17.85B | $18.47B | $18.37B |
Low Forecast | $21.94B | $22.06B | $21.93B | $21.58B | $20.94B | $20.91B | $20.86B | $20.54B | $20.29B | $20.20B | $20.08B | $19.85B | $19.77B | $20.08B | $19.81B | $19.72B | $20.14B | $19.60B | $19.68B | $19.61B | $19.51B | $18.32B | $17.48B | $17.43B | $18.47B | $17.91B | $17.41B | $17.17B | $17.77B | $17.67B |
# Analysts | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 14 | 9 | 10 | 16 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.02% | 1.03% | 0.98% | 1.04% | - | 0.99% | 1.11% | 1.03% | 1.14% | 1.03% | 1.00% | 1.05% |
Wells Fargo & Company EBITDA Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 14 | 9 | 10 | 16 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.82B | $6.58B | $13.54B | $11.98B | $7.10B | $6.28B | - | $7.13B | $10.12B | $9.48B | $10.31B | $8.54B | $6.59B | $6.49B |
Avg Forecast | $10.73B | $10.79B | $10.73B | $10.56B | $10.24B | $10.23B | $10.20B | $10.05B | $9.93B | $9.88B | $9.82B | $9.71B | $9.67B | $9.73B | $9.69B | $7.76B | $9.69B | $9.59B | $9.63B | $7.06B | $9.54B | $9.02B | $8.34B | $6.42B | $9.02B | $8.20B | $6.22B | $4.70B | $6.15B | $6.94B |
High Forecast | $11.01B | $11.07B | $11.00B | $10.83B | $10.50B | $10.49B | $10.46B | $10.31B | $10.18B | $10.13B | $10.07B | $9.96B | $9.92B | $9.85B | $9.94B | $9.32B | $9.84B | $9.83B | $9.87B | $8.47B | $9.79B | $10.83B | $8.34B | $7.70B | $10.82B | $9.84B | $7.46B | $5.64B | $7.38B | $8.33B |
Low Forecast | $10.48B | $10.53B | $10.47B | $10.30B | $10.00B | $9.98B | $9.96B | $9.81B | $9.69B | $9.64B | $9.59B | $9.48B | $9.44B | $9.58B | $9.46B | $6.21B | $9.61B | $9.36B | $9.40B | $5.65B | $9.31B | $7.22B | $8.34B | $5.13B | $7.22B | $6.56B | $4.97B | $3.76B | $4.92B | $5.55B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.69% | 1.41% | 1.70% | 0.74% | 0.70% | - | 1.11% | 1.12% | 1.16% | 1.66% | 1.82% | 1.07% | 0.94% |
Wells Fargo & Company Net Income Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 14 | 9 | 10 | 16 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.16B | $5.77B | $4.94B | $4.99B | $2.86B | $3.53B | - | $3.67B | $6.40B | $5.12B | $6.04B | $4.74B | $2.99B | $2.04B |
Avg Forecast | $7.13B | $7.45B | $6.91B | $6.41B | $6.27B | $5.96B | $6.01B | $4.84B | $5.37B | $5.18B | $4.98B | $4.14B | $4.55B | $4.57B | $4.64B | $4.00B | $3.08B | $4.47B | $4.16B | $3.63B | $2.14B | $4.87B | $2.90B | $3.30B | $5.14B | $4.43B | $3.64B | $2.61B | $2.79B | $2.17B |
High Forecast | $7.36B | $7.70B | $7.14B | $6.62B | $6.47B | $6.16B | $6.21B | $5.00B | $5.55B | $5.35B | $5.15B | $4.28B | $4.70B | $4.82B | $4.79B | $4.80B | $3.75B | $4.62B | $4.30B | $4.36B | $2.21B | $5.84B | $2.90B | $3.96B | $6.17B | $5.31B | $4.36B | $3.13B | $3.35B | $2.60B |
Low Forecast | $6.90B | $7.22B | $6.70B | $6.21B | $6.07B | $5.77B | $5.82B | $4.69B | $5.20B | $5.02B | $4.83B | $4.01B | $4.40B | $4.21B | $4.49B | $3.20B | $2.79B | $4.33B | $4.03B | $2.91B | $2.08B | $3.89B | $2.90B | $2.64B | $4.11B | $3.54B | $2.91B | $2.09B | $2.23B | $1.74B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.29% | 1.19% | 1.37% | 1.34% | 0.72% | - | 1.11% | 1.25% | 1.16% | 1.66% | 1.82% | 1.07% | 0.94% |
Wells Fargo & Company SG&A Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 14 | 9 | 10 | 16 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.67B | $9.01B | $8.97B | $9.75B | $8.78B | $8.52B | - | $9.56B | $8.70B | $8.84B | $9.18B | $9.65B | $8.29B | $9.06B |
Avg Forecast | $13.87B | $13.94B | $13.86B | $13.64B | $13.23B | $13.22B | $13.18B | $12.98B | $12.82B | $12.77B | $12.69B | $12.55B | $12.50B | $12.57B | $12.52B | $10.41B | $12.52B | $12.39B | $12.44B | $9.46B | $12.33B | $8.41B | $10.78B | $8.60B | $7.78B | $7.64B | $5.52B | $5.31B | $7.74B | $9.66B |
High Forecast | $14.22B | $14.30B | $14.21B | $13.99B | $13.57B | $13.55B | $13.52B | $13.31B | $13.15B | $13.09B | $13.01B | $12.87B | $12.82B | $12.72B | $12.84B | $12.49B | $12.71B | $12.70B | $12.76B | $11.35B | $12.64B | $10.09B | $10.78B | $10.32B | $9.33B | $9.17B | $6.63B | $6.37B | $9.29B | $11.60B |
Low Forecast | $13.53B | $13.61B | $13.52B | $13.31B | $12.91B | $12.90B | $12.87B | $12.67B | $12.51B | $12.46B | $12.38B | $12.24B | $12.20B | $12.38B | $12.22B | $8.33B | $12.42B | $12.09B | $12.14B | $7.57B | $12.03B | $6.72B | $10.78B | $6.88B | $6.22B | $6.11B | $4.42B | $4.25B | $6.19B | $7.73B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.73% | 0.72% | 1.03% | 0.71% | 1.01% | - | 1.11% | 1.12% | 1.16% | 1.66% | 1.82% | 1.07% | 0.94% |
Wells Fargo & Company EPS Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 14 | 9 | 10 | 16 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | $1.49 | $1.26 | $1.24 | $0.68 | $0.86 | - | $0.89 | $1.63 | $1.18 | $1.39 | $1.05 | $0.64 | $0.49 |
Avg Forecast | $1.98 | $2.07 | $1.92 | $1.78 | $1.74 | $1.66 | $1.67 | $1.34 | $1.49 | $1.44 | $1.38 | $1.15 | $1.26 | $1.27 | $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 | $2.05 | $2.14 | $1.98 | $1.84 | $1.80 | $1.71 | $1.72 | $1.39 | $1.54 | $1.49 | $1.43 | $1.19 | $1.30 | $1.34 | $1.33 | $1.10 | $1.04 | $1.28 | $1.19 | $1.18 | $0.61 | $1.13 | $0.80 | $0.83 | $1.14 | $1.02 | $1.00 | $0.72 | $0.61 | $0.46 |
Low Forecast | $1.92 | $2.01 | $1.86 | $1.72 | $1.69 | $1.60 | $1.62 | $1.30 | $1.45 | $1.39 | $1.34 | $1.12 | $1.22 | $1.17 | $1.25 | $1.03 | $0.77 | $1.20 | $1.12 | $1.10 | $0.58 | $1.06 | $0.80 | $0.79 | $1.08 | $0.97 | $0.95 | $0.68 | $0.58 | $0.43 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.20% | 1.09% | 1.09% | 1.14% | 0.79% | - | 1.10% | 1.47% | 1.19% | 1.43% | 1.50% | 1.07% | 1.10% |
Wells Fargo & Company Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CM | Canadian Imperial Bank of Commerce | $61.45 | $106.62 | 73.51% | Buy |
TD | Toronto-Dominion Bank | $62.20 | $89.52 | 43.92% | Buy |
BMO | Bank of Montreal | $85.56 | $120.95 | 41.36% | Hold |
BNS | Bank of Nova Scotia | $52.04 | $71.53 | 37.45% | Hold |
BAC | Bank of America | $38.65 | $48.25 | 24.84% | Buy |
ING | ING Groep | $18.24 | $22.50 | 23.36% | Buy |
C | Citigroup | $57.67 | $69.92 | 21.24% | Buy |
WFC | Wells Fargo & Company | $52.78 | $58.89 | 11.58% | Buy |
JPM | JPMorgan Chase | $204.32 | $199.22 | -2.50% | Buy |
RY | Royal Bank of Canada | $123.59 | $107.81 | -12.77% | Buy |
NU | Nu | $14.74 | $12.69 | -13.91% | Buy |
UBS | UBS Group | $29.59 | $21.83 | -26.23% | Buy |
WFC Forecast FAQ
Is Wells Fargo & Company a good buy?
Yes, according to 22 Wall Street analysts, Wells Fargo & Company (WFC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 54.55% of WFC's total ratings.
What is WFC's price target?
Wells Fargo & Company (WFC) average price target is $58.89 with a range of $50 to $67, implying a 11.58% from its last price of $52.78. The data is based on 22 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 up by 11.58% (from the last price of $52.78 to the average price target of $58.89), up by 26.94% based on the highest stock price target, and down by -5.27% based on the lowest stock price target.
Can Wells Fargo & Company stock reach $80?
WFC's average twelve months analyst stock price target of $58.89 does not support the claim that Wells Fargo & Company can reach $80 in the near future.
What is Wells Fargo & Company's current price target trend?
2 Wall Street analysts forecast a $64 price target for Wells Fargo & Company (WFC) this month, up 21.26% from its last price of $52.78. Compared to the last 3 and 12 months, the average price target increased by 20.12% and increased by 17.11%, 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 $85.31B (high $87.48B, low $83.25B), average EBITDA is $40.73B (high $41.76B, low $39.75B), average net income is $23.07B (high $23.84B, low $22.35B), average SG&A $52.61B (high $53.95B, low $51.35B), and average EPS is $6.41 (high $6.62, low $6.21). WFC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $89.67B (high $91.96B, low $87.51B), average EBITDA is $42.81B (high $43.9B, low $41.78B), average net income is $27.9B (high $28.82B, low $27.03B), average SG&A $55.31B (high $56.72B, low $53.98B), and average EPS is $7.75 (high $8.01, low $7.51).
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 $35.96B by 20.32%. The company's net income was $17.98B, beating the average estimation of $15.35B by 17.17%. Apple's SG&A was $49.23B, beating the average forecast of $46.81B by 5.17%. 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, missing the average prediction of $9.69B by -29.62%. Wells Fargo & Company's net income was $3.16B, beating the average estimation of $3.08B by 2.55%. The company's SG&A was $12.67B, beating the average forecast of $12.52B by 1.18%. Lastly, the company's EPS was $0.86, beating the average prediction of $0.856 by 0.48%