WallStreetZen

NYSE: WFC
Wells Fargo & Company Stock Forecast, Predictions & Price Target

Analyst price target for WFC

Based on 15 analysts offering 12 month price targets for Wells Fargo & Company.
Min Forecast
$27.00-40.2%
Avg Forecast
$40.93-9.34%
Max Forecast
$60.00+32.89%

Should I buy or sell WFC stock?

Buy
Strong Buy
6 analysts 35.29%
Buy
6 analysts 35.29%
Hold
5 analysts 29.41%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

WFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Erika Najarian
Bank of America
Strong BuyUpgrades$60.00+32.89%2021-06-04
Anonymous
Morgan Stanley
Strong BuyMaintains$49.00+8.53%2021-04-15
Matthew O'Connor
Deutsche Bank
Strong BuyMaintains$45.00-0.33%2021-04-01
Betsy Graseck
Morgan Stanley
Strong BuyMaintains$47.00+4.10%2021-03-10
Ken Usdin
Jefferies
Strong BuyUpgrades$38.00-15.84%2021-01-07
Richard Bove
Odeon Capital
Strong BuyUpgradesN/AN/A2020-09-02
David Long
Raymond James
BuyMaintains$50.00+10.74%2021-04-15
Susan Roth Katzke
Credit Suisse
BuyUpgrades$40.00-11.41%2021-01-25
Jim Mitchell
Seaport Global
BuyUpgrades$42.00-6.98%2021-01-19
Brian Kleinhanzl
Keefe, Bruyette & Woods
BuyUpgrades$36.00-20.27%2020-12-15

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Forecast return on equity

Is WFC forecast to generate an efficient return?
Company
11.35%
Industry
683.66%
Market
50.59%
WFC's Return on Equity is forecast to be low in 3 years (11.35%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is WFC forecast to generate an efficient return on assets?
Company
1.08%
Industry
1.07%
Market
16.44%
WFC is forecast to generate higher Return on Assets (1.08%) than the US Banks - Diversified industry average (1.07%)
Forecast

WFC earnings per share forecast

What is WFC's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$3.87+165.14%
Avg 2 year Forecast
$3.61+147.2%
Avg 3 year Forecast
$5.14+252.05%
WFC's earnings are forecast to grow at an exceptional rate of 62% per year
Forecast

WFC revenue forecast

What is WFC's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$71.2B-7.17%
Avg 2 year Forecast
$70.6B-7.98%
Avg 3 year Forecast
$77.4B+0.9%
WFC's revenue is forecast to grow at a rate of -3.16% per year, which is not exceptional
Forecast

WFC earnings growth forecast

How is WFC forecast to perform vs Banks - Diversified companies and vs the US market?
Company
62%
Industry
26.48%
Market
27.13%
WFC's earnings are forecast to grow faster (62% per year) than the US Banks - Diversified industry average (26.48%)
Forecast
WFC's earnings are forecast to grow faster (62% per year) than the US market average (27.13%)
Forecast
WFC's earnings are forecast to grow faster (62% per year) than the risk-free savings rate (1.5%)
Forecast

WFC revenue growth forecast

How is WFC forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-3.16%
Industry
-0.57%
Market
17.87%
WFC's revenues are forecast to grow slower (-3.16% per year) than the US Banks - Diversified industry average (-0.57%)
Forecast
WFC's revenues are forecast to grow slower (-3.16% per year) than the US market average (17.87%)
Forecast

Wells Fargo & Company Stock Forecast FAQ

Is Wells Fargo & Company Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: WFC) stock is to Buy WFC stock.

Out of 17 analysts, 6 (35.29%) are recommending WFC as a Strong Buy, 6 (35.29%) are recommending WFC as a Buy, 5 (29.41%) are recommending WFC as a Hold, 0 (0%) are recommending WFC as a Sell, and 0 (0%) are recommending WFC as a Strong Sell.

What is WFC's earnings growth forecast for 2021-2023?

(NYSE: WFC) Wells Fargo & Company's forecast annual earnings growth rate of 62% is forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 26.48%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 27.13%.

Wells Fargo & Company's earnings in 2021 is $6,031,000,000.On average, 10 Wall Street analysts forecast WFC's earnings for 2021 to be $16,001,055,280, with the lowest WFC earnings forecast at $13,640,785,953, and the highest WFC earnings forecast at $20,171,828,925. On average, 11 Wall Street analysts forecast WFC's earnings for 2022 to be $14,918,472,904, with the lowest WFC earnings forecast at $12,814,071,653, and the highest WFC earnings forecast at $19,055,764,620.

In 2023, WFC is forecast to generate $21,246,557,515 in earnings, with the lowest earnings forecast at $21,246,557,515 and the highest earnings forecast at $21,246,557,515.

What is WFC's revenue growth forecast for 2021-2023?

(NYSE: WFC) Wells Fargo & Company's forecast annual revenue growth rate of -3.16% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -0.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.87%.

Wells Fargo & Company's revenue in 2021 is $76,691,000,000.On average, 6 Wall Street analysts forecast WFC's revenue for 2021 to be $294,274,878,564,151, with the lowest WFC revenue forecast at $287,208,815,032,482, and the highest WFC revenue forecast at $303,916,711,039,524. On average, 6 Wall Street analysts forecast WFC's revenue for 2022 to be $291,708,393,622,038, with the lowest WFC revenue forecast at $285,117,227,852,976, and the highest WFC revenue forecast at $304,693,946,488,857.

In 2023, WFC is forecast to generate $319,873,537,104,834 in revenue, with the lowest revenue forecast at $319,873,537,104,834 and the highest revenue forecast at $319,873,537,104,834.

What is WFC's forecast return on assets (ROA) for 2021-2023?

(NYSE: WFC) forecast ROA is 1.08%, which is higher than the forecast US Banks - Diversified industry average of 1.07%.

What is WFC's Price Target?

According to 15 Wall Street analysts that have issued a 1 year WFC price target, the average WFC price target is $40.93, with the highest WFC stock price forecast at $60.00 and the lowest WFC stock price forecast at $27.00.

On average, Wall Street analysts predict that Wells Fargo & Company's share price could stay at $40.93 by Jun 4, 2022. The average Wells Fargo & Company stock price prediction forecasts a potential downside of N/A from the current WFC share price of $45.15.

What is WFC's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: WFC) Wells Fargo & Company's current Earnings Per Share (EPS) is $1.46. On average, analysts forecast that WFC's EPS will be $3.87 for 2021, with the lowest EPS forecast at $3.30, and the highest EPS forecast at $4.88. On average, analysts forecast that WFC's EPS will be $3.61 for 2022, with the lowest EPS forecast at $3.10, and the highest EPS forecast at $4.61. In 2023, WFC's EPS is forecast to hit $5.14 (min: $5.14, max: $5.14).

What is WFC's forecast return on equity (ROE) for 2021-2023?

(NYSE: WFC) forecast ROE is 11.35%, which is considered weak.
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