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NYSE: BK
Bank Of New York Mellon Corp Stock Forecast, Predictions & Price Target

Analyst price target for BK

Based on 9 analysts offering 12 month price targets for Bank Of New York Mellon Corp.
Min Forecast
$58.00-12.66%
Avg Forecast
$67.89+2.23%
Max Forecast
$75.00+12.93%

Should I buy or sell BK stock?

Based on 9 analysts offering ratings for Bank Of New York Mellon Corp.
Buy
Strong Buy
3 analysts 33.33%
Buy
1 analysts 11.11%
Hold
5 analysts 55.56%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-15
lockedlocked$00.00+00.00%2024-07-30
lockedlocked$00.00+00.00%2024-07-15
lockedlocked$00.00+00.00%2024-07-15
lockedlocked$00.00+00.00%2024-07-15
Citigroup
Top 6%
95
HoldDowngrades$65.00-2.12%2024-07-15
Jefferies
Top 22%
79
Strong BuyMaintains$68.00+2.39%2024-04-18
Bank of America
Top 16%
85
Strong BuyMaintains$66.00-0.62%2024-04-17
RBC Capital
Top 4%
97
HoldReiterates$58.00-12.66%2024-03-27

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Forecast return on equity

Is BK forecast to generate an efficient return?
Company
13.08%
Industry
43.31%
Market
54.93%
BK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BK forecast to generate an efficient return on assets?
Company
1.25%
Industry
6.7%
BK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BK earnings per share forecast

What is BK's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$5.63+33.1%
Avg 2 year Forecast
$6.28+48.54%
Avg 3 year Forecast
$7.24+71.13%
BK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

BK revenue forecast

What is BK's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$18.2B+1.86%
Avg 2 year Forecast
$18.7B+4.85%
Avg 3 year Forecast
$19.6B+9.68%
BK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BK earnings growth forecast

How is BK forecast to perform vs Asset Management companies and vs the US market?
Company
22.64%
Industry
28.26%
Market
18.33%
BK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
BK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
BK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

BK revenue growth forecast

How is BK forecast to perform vs Asset Management companies and vs the US market?
Company
2.65%
Industry
-2.89%
Market
8.2%
BK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BK vs Asset Management Stocks

TickerPricePrice TargetUp/downsideConsensus
BK$66.41$67.89+2.23%Buy
ARES$137.45$148.25+7.86%Strong Buy
AMP$430.17$464.33+7.94%Buy
APO$108.00$129.64+20.03%Strong Buy
BN$46.13$49.85+8.06%Buy

Bank Of New York Mellon Stock Forecast FAQ

Is Bank Of New York Mellon Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: BK) stock is to Buy BK stock.

Out of 9 analysts, 3 (33.33%) are recommending BK as a Strong Buy, 1 (11.11%) are recommending BK as a Buy, 5 (55.56%) are recommending BK as a Hold, 0 (0%) are recommending BK as a Sell, and 0 (0%) are recommending BK as a Strong Sell.

If you're new to stock investing, here's how to buy Bank Of New York Mellon stock.

What is BK's earnings growth forecast for 2024-2026?

(NYSE: BK) Bank Of New York Mellon's forecast annual earnings growth rate of 22.64% is not forecast to beat the US Asset Management industry's average forecast earnings growth rate of 28.26%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.33%.

Bank Of New York Mellon's earnings in 2024 is $3,214,000,000.On average, 8 Wall Street analysts forecast BK's earnings for 2024 to be $4,154,700,719, with the lowest BK earnings forecast at $4,058,766,245, and the highest BK earnings forecast at $4,235,876,044. On average, 8 Wall Street analysts forecast BK's earnings for 2025 to be $4,636,734,558, with the lowest BK earnings forecast at $4,405,606,269, and the highest BK earnings forecast at $4,844,912,368.

In 2026, BK is forecast to generate $5,342,000,540 in earnings, with the lowest earnings forecast at $5,062,388,443 and the highest earnings forecast at $5,524,866,408.

What is BK's revenue growth forecast for 2024-2026?

(NYSE: BK) Bank Of New York Mellon's forecast annual revenue growth rate of 2.65% is forecast to beat the US Asset Management industry's average forecast revenue growth rate of -2.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Bank Of New York Mellon's revenue in 2024 is $17,856,000,000.On average, 6 Wall Street analysts forecast BK's revenue for 2024 to be $13,421,899,409,935, with the lowest BK revenue forecast at $13,374,343,214,827, and the highest BK revenue forecast at $13,521,005,626,135. On average, 6 Wall Street analysts forecast BK's revenue for 2025 to be $13,815,564,313,691, with the lowest BK revenue forecast at $13,673,614,498,971, and the highest BK revenue forecast at $14,099,663,191,656.

In 2026, BK is forecast to generate $14,452,958,868,387 in revenue, with the lowest revenue forecast at $14,302,738,026,018 and the highest revenue forecast at $14,689,235,886,545.

What is BK's forecast return on assets (ROA) for 2024-2026?

(NYSE: BK) forecast ROA is 1.25%, which is lower than the forecast US Asset Management industry average of 6.7%.

What is BK's Price Target?

According to 9 Wall Street analysts that have issued a 1 year BK price target, the average BK price target is $67.89, with the highest BK stock price forecast at $75.00 and the lowest BK stock price forecast at $58.00.

On average, Wall Street analysts predict that Bank Of New York Mellon's share price could reach $67.89 by Aug 15, 2025. The average Bank Of New York Mellon stock price prediction forecasts a potential upside of 2.23% from the current BK share price of $66.41.

What is BK's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: BK) Bank Of New York Mellon's current Earnings Per Share (EPS) is $4.23. On average, analysts forecast that BK's EPS will be $5.63 for 2024, with the lowest EPS forecast at $5.50, and the highest EPS forecast at $5.74. On average, analysts forecast that BK's EPS will be $6.28 for 2025, with the lowest EPS forecast at $5.97, and the highest EPS forecast at $6.57. In 2026, BK's EPS is forecast to hit $7.24 (min: $6.86, max: $7.49).

What is BK's forecast return on equity (ROE) for 2024-2026?

(NYSE: BK) forecast ROE is 13.08%, which is considered weak.
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