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

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Analyst price target for TFC

Based on 14 analysts offering 12 month price targets for Truist Financial Corp.
Min Forecast
$41.00-11.29%
Avg Forecast
$58.46+26.49%
Max Forecast
$77.00+66.59%

Should I buy or sell TFC stock?

Based on 15 analysts offering ratings for Truist Financial Corp.
Buy
Strong Buy
5 analysts 33.33%
Buy
1 analysts 6.67%
Hold
8 analysts 53.33%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%

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TFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 34%
67
HoldMaintains$59.00+27.65%2022-11-21
Barclays
Bottom 15%
15
HoldMaintains$57.00+23.32%2022-10-19
RBC Capital
Top 34%
67
BuyMaintains$60.00+29.81%2022-10-19
Evercore ISI Group
Top 24%
77
HoldDowngrades$47.00+1.69%2022-10-19
Anonymous
Goldman Sachs
Strong BuyMaintains$51.00+10.34%2022-09-30
Piper Sandler
Top 9%
92
Strong BuyUpgrades$55.00+19.00%2022-09-28
Deutsche Bank
Top 12%
89
Strong BuyMaintains$61.00+31.98%2022-09-12
Compass Point
Top 19%
82
HoldDowngrades$55.00+19.00%2022-08-15
Citigroup
Top 5%
96
HoldMaintains$52.00+12.51%2022-07-12
Wells Fargo
Top 4%
97
Strong BuyMaintains$59.00+27.65%2022-07-01

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Forecast return on equity

Is TFC forecast to generate an efficient return?
Company
14.68%
Industry
33.11%
Market
64.75%
TFC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TFC forecast to generate an efficient return on assets?
Company
1.63%
Industry
3.6%
TFC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TFC earnings per share forecast

What is TFC's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.99+13.67%
Avg 2 year Forecast
$5.39+22.78%
Avg 3 year Forecast
$6.14+39.86%
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TFC revenue forecast

What is TFC's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$22.9B+3.24%
Avg 2 year Forecast
$24.7B+11.43%
Avg 3 year Forecast
$27.1B+22.12%
TFC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TFC earnings growth forecast

How is TFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
10.8%
Industry
12.98%
Market
16.96%
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TFC revenue growth forecast

How is TFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
6.49%
Industry
8.31%
Market
6.76%
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$46.22$58.46+26.49%Buy
PNC$164.80$197.85+20.05%Buy
USB$45.35$58.00+27.89%Buy
ITUB$4.97$7.00+40.85%Strong Buy
IBN$23.20$26.70+15.09%Strong Buy

Truist Financial Stock Forecast FAQ

Is Truist Financial Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: TFC) stock is to Buy TFC stock.

Out of 15 analysts, 5 (33.33%) are recommending TFC as a Strong Buy, 1 (6.67%) are recommending TFC as a Buy, 8 (53.33%) are recommending TFC as a Hold, 1 (6.67%) 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 earnings growth forecast for 2022-2024?

(NYSE: TFC) Truist Financial's forecast annual earnings growth rate of 10.8% is not forecast to beat the US Banks - Regional industry's average forecast earnings growth rate of 12.98%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.96%.

Truist Financial's earnings in 2022 is $5,841,000,000.On average, 7 Wall Street analysts forecast TFC's earnings for 2022 to be $6,620,563,777, with the lowest TFC earnings forecast at $6,103,124,925, and the highest TFC earnings forecast at $6,806,311,057. On average, 10 Wall Street analysts forecast TFC's earnings for 2023 to be $7,151,270,292, with the lowest TFC earnings forecast at $6,766,508,069, and the highest TFC earnings forecast at $7,443,158,876.

In 2024, TFC is forecast to generate $8,146,345,008 in earnings, with the lowest earnings forecast at $7,973,865,391 and the highest earnings forecast at $8,305,556,963.

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

(NYSE: TFC) Truist Financial's forecast annual revenue growth rate of 6.49% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 8.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.76%.

Truist Financial's revenue in 2022 is $22,186,000,000.On average, 6 Wall Street analysts forecast TFC's revenue for 2022 to be $30,388,385,083,448, with the lowest TFC revenue forecast at $29,746,763,560,104, and the highest TFC revenue forecast at $30,778,324,349,024. On average, 6 Wall Street analysts forecast TFC's revenue for 2023 to be $32,801,044,566,628, with the lowest TFC revenue forecast at $31,910,188,669,317, and the highest TFC revenue forecast at $33,659,670,657,271.

In 2024, TFC is forecast to generate $35,945,759,290,109 in revenue, with the lowest revenue forecast at $35,945,759,290,109 and the highest revenue forecast at $35,945,759,290,109.

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

(NYSE: TFC) forecast ROA is 1.63%, which is lower than the forecast US Banks - Regional industry average of 3.6%.

What is TFC's Price Target?

According to 14 Wall Street analysts that have issued a 1 year TFC price target, the average TFC price target is $58.46, with the highest TFC stock price forecast at $77.00 and the lowest TFC stock price forecast at $41.00.

On average, Wall Street analysts predict that Truist Financial's share price could reach $58.46 by Nov 21, 2023. The average Truist Financial stock price prediction forecasts a potential upside of 26.49% from the current TFC share price of $46.22.

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

(NYSE: TFC) Truist Financial's current Earnings Per Share (EPS) is $4.39. On average, analysts forecast that TFC's EPS will be $4.99 for 2022, with the lowest EPS forecast at $4.60, and the highest EPS forecast at $5.13. On average, analysts forecast that TFC's EPS will be $5.39 for 2023, with the lowest EPS forecast at $5.10, and the highest EPS forecast at $5.61. In 2024, TFC's EPS is forecast to hit $6.14 (min: $6.01, max: $6.26).

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

(NYSE: TFC) forecast ROE is 14.68%, which is considered weak.
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