Truist Financial (TFC) Stock Forecast & Price Target

$46.92 -0.98 (-2.04%)

As of 10:45 AM Eastern

Truist Financial - Analysts' Recommendations and Stock Price Forecast (2025)

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

Moderate Buy

Based on 22 Analyst Ratings

Sell
0

Hold
10

Buy
12

Based on 22 Wall Street analysts who have issued ratings for Truist Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 10 have given a hold rating, 11 have given a buy rating, and 1 has given a strong buy rating for TFC.

Consensus Price Target

$50.79
8.26% Upside

According to the 22 analysts' twelve-month price targets for Truist Financial, the average price target is $50.79. The highest price target for TFC is $60.00, while the lowest price target for TFC is $41.00. The average price target represents a forecasted upside of 8.26% from the current price of $46.92.

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TFC Analyst Ratings Over Time

Type	Current Forecast 1/23/24 to 1/22/25	1 Month Ago 12/24/23 to 12/23/24	3 Months Ago 10/25/23 to 10/24/24	1 Year Ago 1/23/23 to 1/23/24
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)
Hold	10 Hold rating(s)	11 Hold rating(s)	11 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$50.79	$48.53	$46.02	$39.60
Forecasted Upside	8.26% Upside	11.45% Upside	5.99% Upside	7.56% Upside
Consensus Rating	Moderate Buy	Hold	Moderate Buy	Moderate Buy

TFC Analyst Recommendations By Month

The 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.

TFC Price Targets by Month

The 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.

Truist Financial Stock vs. The Competition

Type	Truist Financial	Finance Companies	S&P 500
Consensus Rating Score	2.59	2.51	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.89% Upside	21.56% Upside	11.51% Upside
News Sentiment Rating	Positive News See Recent TFC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/21/2025	Morgan Stanley 3 of 5 stars	Betsy Graseck Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$55.00 ➝ $56.00	+16.20%
1/21/2025	Stephens 4 of 5 stars	Terry McEvoy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$54.00 ➝ $57.00	+18.67%
1/21/2025	Keefe, Bruyette & Woods 4 of 5 stars	David Konrad Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$55.00 ➝ $57.00	+19.68%
1/16/2025	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$47.00 ➝ $51.00	+13.59%
1/7/2025	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Martinez Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
1/7/2025	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$50.00	+13.35%
1/6/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$47.00 ➝ $51.00	+14.45%
12/10/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$47.00 ➝ $56.00	+19.28%
12/3/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$46.00 ➝ $51.00	+8.58%
11/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$50.00 ➝ $60.00	+24.74%
Get the Latest News and Ratings for TFC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Truist Financial and its competitors with MarketBeat's FREE daily newsletter.
11/25/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Horowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$47.00 ➝ $51.00	+4.21%
11/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$48.00 ➝ $52.00	+12.43%
10/18/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Gerard Cassidy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$45.00 ➝ $46.00	+6.06%
10/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$47.00 ➝ $49.00	+12.98%
10/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$43.50 ➝ $47.00	+5.17%
8/9/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Carcache Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform
7/23/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Biggar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$44.00 ➝ $51.00	+15.62%
7/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$45.00 ➝ $50.00	+14.21%
7/17/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. George Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
7/17/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$45.00 ➝ $45.00	+5.99%
5/9/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	In-Line	$44.00	+11.70%
4/8/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$40.00 ➝ $41.00	+5.05%
12/14/2023	Odeon Capital Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$40.45	+13.98%
4/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$52.00 ➝ $40.00	+19.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:46 AM ET.

Should I Buy Truist Financial Stock? TFC 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 Tuesday, January 14, 2025. Please send any questions or comments about these Truist Financial pros and cons to contact@marketbeat.com.

Truist Financial
Bull Case

Here are some ways that investors could benefit from investing in Truist Financial Co.:

Truist Financial Co. has recently been upgraded by several brokerages, with Citigroup and Barclays raising their target price to $51.00, indicating positive market sentiment and potential for stock appreciation.
The stock is currently trading at $43.93, which is below the consensus price target of $49.89, suggesting that there may be room for growth in the near term.
Truist Financial Co. reported a quarterly earnings per share (EPS) of $0.97, exceeding the consensus estimate of $0.89, which reflects strong operational performance and profitability.
Institutional interest is strong, with 71.28% of the stock owned by hedge funds and other institutional investors, indicating confidence in the company's future prospects.
The company has a positive return on equity of 9.35%, which suggests effective management and the ability to generate profit from shareholders' equity.

Truist Financial
Bear Case

Investors should be bearish about investing in Truist Financial Co. for these reasons:

Truist Financial Co. has been downgraded to a "sell" rating by StockNews.com, which may indicate potential challenges ahead and a lack of confidence from some analysts.
The stock has a negative net margin of 4.89%, suggesting that the company is currently spending more than it earns, which could be a concern for profitability in the long run.
The company has a P/E ratio of -30.72, indicating that it is not currently generating positive earnings relative to its stock price, which can be a red flag for investors.
Truist Financial Co. has a current ratio of 0.85, which is below the ideal benchmark of 1.0, suggesting potential liquidity issues in meeting short-term obligations.
Recent trading activity shows a slight decline of 0.1%, which may reflect market volatility or investor uncertainty regarding the company's future performance.

TFC Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Truist Financial is $50.79, with a high forecast of $60.00 and a low forecast of $41.00.
: 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last year. There are currently 10 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TFC shares.
: According to analysts, Truist Financial's stock has a predicted upside of 8.26% based on their 12-month stock forecasts.
: Over the previous 90 days, Truist Financial's stock had 2 upgrades by analysts.
: Truist Financial has been rated by research analysts at Barclays, Citigroup, Compass Point, Hsbc Global Res, HSBC, Keefe, Bruyette & Woods, Morgan Stanley, Piper Sandler, Raymond James, Stephens, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
: Truist Financial also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.
: Analysts like Truist Financial more than other "finance" companies. The consensus rating score for Truist Financial is 2.59 while the average consensus rating score for "finance" companies is 2.51. Learn more on how TFC compares to other companies.

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This page (NYSE:TFC) was last updated on 1/22/2025 by MarketBeat.com Staff

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Truist Financial (TFC) Stock Forecast & Price Target