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NYSE: BAC
Bank Of America Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for BAC

Based on 12 analysts offering 12 month price targets for Bank Of America Corp.
Min Forecast
$42.00-8.44%
Avg Forecast
$49.33+7.55%
Max Forecast
$60.00+30.8%

Should I buy or sell BAC stock?

Based on 13 analysts offering ratings for Bank Of America Corp.
Buy
Strong Buy
6 analysts 46.15%
Buy
3 analysts 23.08%
Hold
1 analysts 7.69%
Sell
1 analysts 7.69%
Strong Sell
2 analysts 15.38%

BAC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 44%
57
Strong SellMaintains$51.00+11.18%2022-01-20
JP Morgan
Top 18%
83
Strong BuyMaintains$52.50+14.45%2022-01-06Find out why
Anonymous
Barclays
Strong BuyMaintains$58.00+26.44%2022-01-03Find out why
Morgan Stanley
Top 12%
89
Strong SellMaintains$49.00+6.82%2021-12-06
Baird
Top 10%
91
SellDowngrades$42.00-8.44%2021-11-01
Wells Fargo
Top 4%
97
Strong BuyMaintains$60.00+30.80%2021-10-25
Barclays
Bottom 13%
13
Strong BuyMaintains$49.00+6.82%2021-10-15Find out why
Goldman Sachs
Top 25%
76
Strong BuyMaintains$50.00+9.00%2021-10-15
Oppenheimer
Top 2%
99
BuyMaintains$51.00+11.18%2021-10-15Find out why
RBC Capital
Top 22%
79
BuyMaintains$50.00+9.00%2021-10-15Find out why

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Forecast return on equity

Is BAC forecast to generate an efficient return?
Company
11.8%
Industry
60.57%
Market
58.24%
BAC's Return on Equity is... subscribe to Premium to read more.
Forecast

Forecast return on assets

Is BAC forecast to generate an efficient return on assets?
Company
1.04%
Industry
14.93%
BAC is forecast to generate... subscribe to Premium to read more.
Forecast

BAC earnings per share forecast

What is BAC's earnings per share in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$3.21-4.46%
Avg 2 year Forecast
$3.68+9.52%
Avg 3 year Forecast
$4.13+22.92%
BAC's earnings are forecast to... subscribe to Premium to read more.
Forecast

BAC revenue forecast

What is BAC's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$93.1B+6.79%
Avg 2 year Forecast
$98.6B+13.16%
Avg 3 year Forecast
$104.8B+20.25%
BAC's revenue is forecast to... subscribe to Premium to read more.
Forecast

BAC earnings growth forecast

How is BAC forecast to perform vs Financial Services companies and vs the US market?
Company
7.2%
Industry
13.52%
Market
18.83%
BAC's earnings are forecast to... subscribe to Premium to read more.
Forecast
BAC's earnings are forecast to... subscribe to Premium to read more.
Forecast
BAC's earnings are forecast to... subscribe to Premium to read more.
Forecast

BAC revenue growth forecast

How is BAC forecast to perform vs Financial Services companies and vs the US market?
Company
6.26%
Industry
9.21%
Market
11.5%
BAC's revenues are forecast to... subscribe to Premium to read more.
Forecast
BAC's revenues are forecast to... subscribe to Premium to read more.
Forecast

Bank Of America Corp Stock Forecast FAQ

Is Bank Of America Corp Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: BAC) stock is to Buy BAC stock.

Out of 13 analysts, 6 (46.15%) are recommending BAC as a Strong Buy, 3 (23.08%) are recommending BAC as a Buy, 1 (7.69%) are recommending BAC as a Hold, 1 (7.69%) are recommending BAC as a Sell, and 2 (15.38%) are recommending BAC as a Strong Sell.

What is BAC's earnings growth forecast for 2022-2024?

(NYSE: BAC) Bank Of America Corp's forecast annual earnings growth rate of 7.2% is not forecast to beat the US Financial Services industry's average forecast earnings growth rate of 13.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.83%.

Bank Of America Corp's earnings in 2022 is $28,992,000,000.On average, 12 Wall Street analysts forecast BAC's earnings for 2022 to be $26,270,909,743, with the lowest BAC earnings forecast at $24,715,933,777, and the highest BAC earnings forecast at $27,744,044,868. On average, 12 Wall Street analysts forecast BAC's earnings for 2023 to be $30,117,429,238, with the lowest BAC earnings forecast at $27,907,726,549, and the highest BAC earnings forecast at $33,800,267,052.

In 2024, BAC is forecast to generate $33,800,267,052 in earnings, with the lowest earnings forecast at $28,889,816,633 and the highest earnings forecast at $38,874,399,152.

What is BAC's revenue growth forecast for 2022-2024?

(NYSE: BAC) Bank Of America Corp's forecast annual revenue growth rate of 6.26% is not forecast to beat the US Financial Services industry's average forecast revenue growth rate of 9.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.5%.

Bank Of America Corp's revenue in 2022 is $87,152,000,000.On average, 9 Wall Street analysts forecast BAC's revenue for 2022 to be $761,680,948,513,570, with the lowest BAC revenue forecast at $742,727,845,692,147, and the highest BAC revenue forecast at $778,674,675,224,640. On average, 9 Wall Street analysts forecast BAC's revenue for 2023 to be $807,130,342,567,870, with the lowest BAC revenue forecast at $775,078,670,541,820, and the highest BAC revenue forecast at $855,063,278,762,522.

In 2024, BAC is forecast to generate $857,712,933,256,470 in revenue, with the lowest revenue forecast at $820,345,575,890,374 and the highest revenue forecast at $913,948,745,462,845.

What is BAC's forecast return on assets (ROA) for 2022-2025?

(NYSE: BAC) forecast ROA is 1.04%, which is lower than the forecast US Financial Services industry average of 14.93%.

What is BAC's Price Target?

According to 12 Wall Street analysts that have issued a 1 year BAC price target, the average BAC price target is $49.33, with the highest BAC stock price forecast at $60.00 and the lowest BAC stock price forecast at $42.00.

On average, Wall Street analysts predict that Bank Of America Corp's share price could reach $49.33 by Jan 20, 2023. The average Bank Of America Corp stock price prediction forecasts a potential upside of 7.55% from the current BAC share price of $45.87.

What is BAC's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: BAC) Bank Of America Corp's current Earnings Per Share (EPS) is $3.36. On average, analysts forecast that BAC's EPS will be $3.21 for 2022, with the lowest EPS forecast at $3.02, and the highest EPS forecast at $3.39. On average, analysts forecast that BAC's EPS will be $3.68 for 2023, with the lowest EPS forecast at $3.41, and the highest EPS forecast at $4.13. In 2024, BAC's EPS is forecast to hit $4.13 (min: $3.53, max: $4.75).

What is BAC's forecast return on equity (ROE) for 2022-2025?

(NYSE: BAC) forecast ROE is 11.8%, which is considered weak.
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