WallStreetZenWallStreetZen

NYSE: TFC
Truist Financial Corp Stock Forecast, Predictions & Price Target

Analyst price target for TFC

Based on 11 analysts offering 12 month price targets for Truist Financial Corp.
Min Forecast
$33.00-14.49%
Avg Forecast
$40.31+4.47%
Max Forecast
$44.00+14.02%

Should I buy or sell TFC stock?

Based on 11 analysts offering ratings for Truist Financial Corp.
Buy
Strong Buy
3 analysts 27.27%
Buy
3 analysts 27.27%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their TFC stock forecasts and price targets.

TFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2024-01-19
lockedlocked$00.00+00.00%2024-01-19
lockedlocked$00.00+00.00%2024-01-19
Raymond James
Top 22%
79
BuyMaintains$41.00+6.25%2024-01-05
Bank of America
Top 20%
81
Strong BuyUpgrades$43.00+11.43%2024-01-04
Barclays
Bottom 9%
9
HoldMaintains$42.00+8.84%2024-01-02
Odeon Capital
Bottom 5%
5
Strong BuyUpgrades$40.45+4.82%2023-12-14
Piper Sandler
Top 17%
84
HoldMaintains$34.00-11.89%2023-12-08

1 of 2

Forecast return on equity

Is TFC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.34%

Forecast return on assets

Is TFC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

TFC revenue forecast

What is TFC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$21.8B+2.33%
Avg 2 year Forecast
$21.4B+0.34%
Avg 3 year Forecast
$22.8B+7.31%
TFC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TFC revenue growth forecast

How is TFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
1.35%
Industry
1.5%
Market
9.63%
TFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TFC vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
TFC$38.59$40.31+4.47%Buy
MFG$3.98N/AN/A
BSBR$5.68$5.70+0.35%Hold
LYG$2.63N/AN/A
PNC$159.97$148.42-7.22%Hold

Truist Financial Stock Forecast FAQ

Is Truist Financial Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: TFC) stock is to Buy TFC stock.

Out of 11 analysts, 3 (27.27%) are recommending TFC as a Strong Buy, 3 (27.27%) are recommending TFC as a Buy, 5 (45.45%) are recommending TFC as a Hold, 0 (0%) are recommending TFC as a Sell, and 0 (0%) are recommending TFC as a Strong Sell.

If you're new to stock investing, here's how to buy Truist Financial stock.

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

(NYSE: TFC) Truist Financial's forecast annual revenue growth rate of 1.35% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 1.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Truist Financial's revenue in 2024 is $21,281,000,000.On average, 5 Wall Street analysts forecast TFC's revenue for 2024 to be $29,060,487,854,949, with the lowest TFC revenue forecast at $28,234,648,734,631, and the highest TFC revenue forecast at $30,437,010,055,247. On average, 5 Wall Street analysts forecast TFC's revenue for 2025 to be $28,496,168,548,623, with the lowest TFC revenue forecast at $27,065,600,557,123, and the highest TFC revenue forecast at $31,082,468,778,459.

In 2026, TFC is forecast to generate $30,474,930,721,873 in revenue, with the lowest revenue forecast at $29,743,508,256,247 and the highest revenue forecast at $31,206,353,187,498.

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

(NYSE: TFC) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of N/A.

What is TFC's Price Target?

According to 11 Wall Street analysts that have issued a 1 year TFC price target, the average TFC price target is $40.31, with the highest TFC stock price forecast at $44.00 and the lowest TFC stock price forecast at $33.00.

On average, Wall Street analysts predict that Truist Financial's share price could reach $40.31 by Mar 19, 2025. The average Truist Financial stock price prediction forecasts a potential upside of 4.47% from the current TFC share price of $38.59.

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

(NYSE: TFC) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.