Wells Fargo & Company (WFC) Stock Forecast & Price Target $74.83 +1.25 (+1.70%) (As of 11/21/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Wells Fargo & Company - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating HoldBased on 21 Analyst RatingsSell0Hold12Buy9 Based on 21 Wall Street analysts who have issued ratings for Wells Fargo & Company in the last 12 months, the stock has a consensus rating of "Hold." Out of the 21 analysts, 12 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for WFC. Consensus Price Target $63.07-15.72% Downside According to the 21 analysts' twelve-month price targets for Wells Fargo & Company, the average price target is $63.07. The highest price target for WFC is $82.00, while the lowest price target for WFC is $48.80. The average price target represents a forecasted downside of -15.72% from the current price of $74.83. Get the Latest News and Ratings for WFC and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Wells Fargo & Company and its competitors. Enter your email to sign up for newsletter Sign Up WFC Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy1 Strong Buy rating(s)1 Strong Buy rating(s)1 Strong Buy rating(s)1 Strong Buy rating(s)Buy8 Buy rating(s)8 Buy rating(s)5 Buy rating(s)7 Buy rating(s)Hold12 Hold rating(s)12 Hold rating(s)12 Hold rating(s)8 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$63.07$61.82$59.63$48.31Forecasted Upside-15.72% Downside-4.25% Downside5.16% Upside12.92% UpsideConsensus RatingHoldHoldHoldModerate Buy What Comes Next Could Be a Once-in-a-Lifetime Opportunity (Ad)A wave of technological and financial transformation is reshaping the investment landscape. For those who understand the shifts ahead, this could be the foundation for long-term wealth creation. In this exclusive briefing, I'll show you exactly how to prepare for the challenges and opportunities ahead. You'll learn actionable strategies to protect your portfolio and position yourself for growth in the months and years to come.Click here now to watch the full briefing and discover the steps to take today. WFC Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History WFC Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Wells Fargo & Company Stock vs. The CompetitionTypeWells Fargo & CompanyFinance CompaniesS&P 500Consensus Rating Score 2.48 2.49 2.50Consensus RatingHoldHoldModerate BuyPredicted Upside-15.72% Downside11.71% Upside8.55% UpsideNews Sentiment RatingPositive NewsSee Recent WFC NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/19/2024Citigroup3 of 5 stars Boost TargetNeutral ➝ Neutral$67.00 ➝ $82.00+11.44%10/30/2024Evercore ISI2 of 5 stars Boost TargetOutperform ➝ Outperform$71.00 ➝ $77.00+17.02%10/15/2024Compass Point5 of 5 stars Boost TargetNeutral ➝ Neutral$57.00 ➝ $60.00-5.73%10/15/2024Phillip SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeNeutral ➝ Accumulate$60.83 ➝ $65.00+2.51%10/14/2024Piper SandlerSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$60.00 ➝ $62.00-1.99%10/14/2024Royal Bank of CanadaSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingSector Perform ➝ Sector Perform$61.00 ➝ $61.00-2.07% Get the Latest News and Ratings for WFC and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Wells Fargo & Company and its competitors with MarketBeat's FREE daily newsletter. 10/8/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingS. ChubakSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradePeer Perform ➝ Outperform$65.00+13.72%9/30/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetOverweight ➝ Overweight$68.00 ➝ $67.00+19.32%9/11/2024The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetBuy ➝ Buy$68.00 ➝ $65.00+21.88%9/3/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$65.00+11.17%8/16/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeHold$62.00 ➝ $59.00+7.10%7/15/2024Keefe, Bruyette & WoodsSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetMarket Perform ➝ Market Perform$62.00 ➝ $61.00+5.81%7/11/2024BMO Capital MarketsSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetMarket Perform ➝ Market Perform$55.00 ➝ $57.00-5.44%5/1/2024JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$59.00 ➝ $61.50+3.27%4/15/2024ArgusSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$57.00 ➝ $66.00+14.13%4/15/2024OppenheimerSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMarket Perform ➝ Market Perform3/28/2024HSBCSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$55.00 ➝ $60.00+4.15%1/18/2024Odeon Capital GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Hold$48.80+4.56%1/16/2024Raymond JamesSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetStrong-Buy ➝ Strong-Buy$55.00 ➝ $58.00+22.36%1/8/2024Robert W. BairdSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform ➝ Neutral$55.00+10.18%1/2/2024BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$54.00 ➝ $66.00+34.09%10/12/2023UBS GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost Target$51.00 ➝ $53.00+33.50%8/1/2023Atlantic SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$50.00 ➝ $52.50+13.73%6/26/2023VNET GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMaintains1/13/2023CfraSubscribe to MarketBeat All Access for the recommendation accuracy ratingKen LeonSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeBuy$50.00+13.07%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:52 AM ET. Should I Buy Wells Fargo & Company Stock? WFC Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 7, 2024. Please send any questions or comments about these Wells Fargo & Company pros and cons to contact@marketbeat.com. Wells Fargo & Company Bull Case Here are some ways that investors could benefit from investing in Wells Fargo & Company: Wells Fargo & Company stock has shown a positive trend, trading at $62.16 on Monday, which indicates potential growth. Recent earnings report for Wells Fargo & Company exceeded analyst estimates, with earnings per share of $1.52 for the quarter, beating the consensus estimate by $0.25. Wells Fargo & Company increased its quarterly dividend from $0.35 to $0.40 per share, reflecting confidence in the company's financial stability and potential for future growth. Multiple research analysts have upgraded Wells Fargo & Company's rating to "outperform" and "buy," indicating a positive outlook on the company's performance. Wells Fargo & Company has a strong market capitalization of $216.71 billion, indicating stability and potential for long-term growth. Wells Fargo & Company Bear Case Investors should be bearish about investing in Wells Fargo & Company for these reasons: Despite recent positive developments, Wells Fargo & Company's stock has a 52-week high of $63.35, which may indicate limited short-term growth potential. Wells Fargo & Company's revenue for the quarter was down 2.4% compared to the same period last year, signaling a potential slowdown in growth. There is a high debt-to-equity ratio of 1.11 for Wells Fargo & Company, which may pose risks in times of economic uncertainty or market downturns. While the company has a strong dividend payout ratio of 32.85%, investors should consider the sustainability of dividend payments in fluctuating market conditions. Despite recent upgrades, Wells Fargo & Company still maintains an average rating of "Hold" from analysts, suggesting mixed opinions on the company's future performance. WFC Forecast - Frequently Asked Questions What is Wells Fargo & Company's forecast for 2025? According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Wells Fargo & Company is $63.07, with a high forecast of $82.00 and a low forecast of $48.80. Should I buy or sell Wells Fargo & Company stock right now? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 12 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" WFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WFC, but not buy additional shares or sell existing shares. Does Wells Fargo & Company's stock price have much downside? According to analysts, Wells Fargo & Company's stock has a predicted downside of -15.72% based on their 12-month stock forecasts. Has Wells Fargo & Company been upgraded by Wall Street analysts recently? Over the previous 90 days, Wells Fargo & Company's stock had 3 upgrades by analysts. What analysts cover Wells Fargo & Company? Wells Fargo & Company has been rated by research analysts at Citigroup, Compass Point, Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, Phillip Securities, Piper Sandler, Royal Bank of Canada, The Goldman Sachs Group, and Wolfe Research in the past 90 days. Does Wells Fargo & Company rate other companies? Wells Fargo & Company also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page. Do Wall Street analysts like Wells Fargo & Company more than its competitors? Analysts like Wells Fargo & Company less than other "finance" companies. The consensus rating score for Wells Fargo & Company is 2.48 while the average consensus rating score for "finance" companies is 2.49. Learn more on how WFC compares to other companies. 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In this exclusive briefing, I'll show you exactly how to prepare for the challenges and opportunities ahead. You'll learn actionable strategies to protect your portfolio and position yourself for growth in the months and years to come.Click here now to watch the full briefing and discover the steps to take today. This page (NYSE:WFC) was last updated on 11/22/2024 by MarketBeat.com Staff From Our Partners[Urgent] Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it a...Paradigm Press | Sponsored[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. 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