Is WFC a buy or sell?

Wells Fargo stock has received a consensus rating of buy . The average rating score is and is based on 40 buy ratings, 26 hold ratings, and 2 sell ratings.

How high will WFC stock go?

The average price target is $63.56 with a high forecast of $70.00 and a low forecast of $59.00. The average price target represents a 10.10% change from the last price of $57.73.

What is the future of Wells Fargo stock?

Based on short-term price targets offered by 22 analysts, the average price target for Wells Fargo comes to $62.91 . The forecasts range from a low of $55.00 to a high of $70.00. The average price target represents an increase of 10.64% from the last closing price of $56.86.

What is the fair value of WFC?

As of 2024-09-09, the Fair Value of Wells Fargo & Co (WFC) is 137.66 USD . This value is based on the Peter Lynch's Fair Value formula. With the current market price of 54 USD, the upside of Wells Fargo & Co is 154.9%.

Is WFC a safe investment?

Wells Fargo (WFC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy) . This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

Who owns the most WFC stock?

Vanguard owns the most shares of Wells Fargo (WFC).

What is the 12 month target for WFC?

Based on analysts offering 12 month price targets for WFC in the last 3 months. The average price target is $63.08 with a high estimate of $69 and a low estimate of $58.

Is Wells Fargo safe to invest with?

Is Wells Fargo FDIC Insured? Yes, Wells Fargo is FDIC insured . 11 However, FDIC insurance only covers specific accounts, like checking and savings accounts, up to $250,000. FDIC insurance does not cover any accounts invested in stocks, bonds, or ETFs; those accounts will fall under the SIPC.

Is Wells Fargo being bought out?

GTCR and Reverence Capital Partners agreed to acquire Wells Fargo Asset Management , which will become Allspring Global Investments. Wells Fargo Asset Management is set to rebrand as Allspring Global Investments under its new CEO upon closure of its acquisition by GTCR and Reverence Capital Partners.

How often does WFC pay dividends?

Wells Fargo & Company ( WFC ) pays dividends on a quarterly basis .

How does WFC make money?

Wells Fargo is among the top five banks in the United States. The bank makes money by lending out at a higher rate than it borrows . Wells Fargo operates four segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

How many shares of WFC are outstanding?

Number of shares outstanding as of September 2024 : 3,448,300,000 .

Is Cisco a buy sell or hold?

- Hold . Zacks' proprietary data indicates that Cisco Systems, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the CSCO shares relative to the market in the next few months.

Is open door technology a buy?

Opendoor Technologies has 16.24% upside potential, based on the analysts' average price target. Is OPEN a Buy, Sell or Hold? Opendoor Technologies has a consensus rating of Hold which is based on 2 buy ratings, 5 hold ratings and 1 sell ratings.

Wells Fargo (NYSE:WFC) Stock Forecast & Analyst Predictions

Future criteria checks 1/6

Wells Fargo is forecast to grow earnings and revenue by 3.6% and 3.5% per annum respectively. EPS is expected to grow by 8.1% per annum. Return on equity is forecast to be 11.5% in 3 years.

Key information

3.6%

Earnings growth rate

8.1%

EPS growth rate

Banks earnings growth	10.3%
Revenue growth rate	3.5%
Future return on equity	11.5%
Analyst coverage	Good
Last updated	10 Sep 2024

Recent future growth updates

No updates

Recent updates

Wells Fargo: Too Much Uncertainty

Aug 29

Wells Fargo (NYSE:WFC) Is Increasing Its Dividend To $0.40

Jul 31

Wells Fargo: Q2 Earnings Suggest NII Drops Are Bottoming (Rating Upgrade)

Jul 17

Wells Fargo: Manageable Near-Term Risks And Meaningful Longer-Term Potential

Jul 01

Wells Fargo: Adding Duration To My Portfolio With A 6.3% Yielding Preferred

Jun 22

Is Now The Time To Put Wells Fargo (NYSE:WFC) On Your Watchlist?

Jun 10

Wells Fargo Continues To Grow Despite Its Past

May 30

Wells Fargo: Uneven Q1 Results Point To A Hold

May 21

Here's Why Shareholders May Want To Be Cautious With Increasing Wells Fargo & Company's (NYSE:WFC) CEO Pay Packet

Apr 24

Wells Fargo: Limited Upside In 2024

Apr 20

Wells Fargo: Strong Q1 Earnings Will Lead To Further Outperformance

Apr 13

Wells Fargo Stock: It Was A Nice Rally, But Some Risks Remain (Rating Downgrade)

Apr 05

Wells Fargo's 6.2% Preferreds: An Oasis In The Desert

Mar 29

Comparing Wells Fargo Series CC And DD Preferred Stocks

Mar 16

Earnings and Revenue Growth Forecasts

NYSE:WFC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	86,190	19,452	N/A	N/A	5
12/31/2025	83,380	17,906	N/A	N/A	12
12/31/2024	82,266	17,761	N/A	N/A	12
6/30/2024	78,234	17,563	23,632	23,632	N/A
3/31/2024	77,601	17,582	20,827	20,827	N/A
12/31/2023	77,198	17,982	40,358	40,358	N/A
9/30/2023	76,492	17,204	29,401	29,401	N/A
6/30/2023	76,201	15,562	25,912	25,912	N/A
3/31/2023	73,841	13,766	34,255	34,255	N/A
12/31/2022	72,834	12,562	27,048	27,048	N/A
9/30/2022	74,983	15,155	24,620	24,620	N/A
6/30/2022	76,434	16,629	7,794	7,794	N/A
3/31/2022	81,541	19,509	-7,856	-7,856	N/A
12/31/2021	83,321	20,818	-11,525	-11,525	N/A
9/30/2021	80,119	17,527	-39,107	-39,107	N/A
6/30/2021	78,440	15,641	-42,873	-42,873	N/A
3/31/2021	65,655	5,738	-18,692	-18,692	N/A
12/31/2020	60,172	1,786	2,051	2,051	N/A
9/30/2020	60,802	1,591	37,239	37,239	N/A
6/30/2020	63,563	2,727	32,840	32,840	N/A
3/31/2020	75,862	12,735	16,052	16,052	N/A
12/31/2019	84,227	18,105	6,730	6,730	N/A
9/30/2019	83,651	21,103	9,341	9,341	N/A
6/30/2019	83,697	22,519	28,974	28,974	N/A
3/31/2019	83,717	21,463	28,794	28,794	N/A
12/31/2018	84,696	20,689	36,073	36,073	N/A
9/30/2018	85,732	20,718	21,314	21,314	N/A
6/30/2018	85,503	19,396	24,188	24,188	N/A
3/31/2018	86,082	20,054	N/A	20,711	N/A
12/31/2017	85,989	20,554	N/A	18,619	N/A
9/30/2017	85,283	19,686	N/A	23,108	N/A
6/30/2017	85,674	20,798	N/A	11,179	N/A
3/31/2017	85,082	20,521	N/A	8,170	N/A
12/31/2016	84,541	20,373	N/A	1,008	N/A
9/30/2016	84,550	20,704	N/A	-8,847	N/A
6/30/2016	84,199	20,904	N/A	12,487	N/A
3/31/2016	84,129	21,094	N/A	18,171	N/A
12/31/2015	83,690	21,470	N/A	15,904	N/A
9/30/2015	83,846	21,649	N/A	22,666	N/A
6/30/2015	83,519	21,614	N/A	18,791	N/A
3/31/2015	83,350	21,675	N/A	17,203	N/A
12/31/2014	82,980	21,821	N/A	17,529	N/A
9/30/2014	82,296	21,808	N/A	29,087	N/A
6/30/2014	81,854	21,717	N/A	35,128	N/A
3/31/2014	81,731	21,565	N/A	51,345	N/A
12/31/2013	81,456	20,889	N/A	57,641	N/A
9/30/2013	81,256	20,377	N/A	51,569	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WFC's forecast earnings growth (3.6% per year) is above the savings rate (2.5%).

Earnings vs Market: WFC's earnings (3.6% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: WFC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WFC's revenue (3.5% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: WFC's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WFC's Return on Equity is forecast to be low in 3 years time (11.5%).

Wells Fargo (NYSE:WFC) Stock Forecast & Analyst Predictions - Simply Wall St (2024)