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NYSE: WFC
WELLS FARGO & COMPANY Stock Forecast, Predictions & Price Target

Buy WFC

Analyst price target for WFC

Based on 7 analysts offering 12 month price targets for WELLS FARGO & COMPANY.
Min Forecast
$50.00+22.67%
Avg Forecast
$59.14+45.1%
Max Forecast
$66.00+61.92%

Should I buy or sell WFC stock?

Based on 8 analysts offering ratings for WELLS FARGO & COMPANY.
Strong Buy
Strong Buy
5 analysts 62.5%
Buy
1 analysts 12.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

WFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 24%
77
BuyMaintains$50.00+22.67%2022-06-24
BMO Capital
Top 10%
91
HoldMaintains$60.00+47.20%2022-04-18Find out why
Citigroup
Top 6%
95
Strong BuyUpgrades$56.00+37.39%2022-04-11
Piper Sandler
Top 28%
73
Strong BuyMaintains$63.00+54.56%2022-03-31
Morgan Stanley
Bottom 25%
25
Strong BuyMaintains$66.00+61.92%2022-03-28
JP Morgan
Top 24%
77
HoldMaintains$57.00+39.84%2022-01-06
Barclays
Bottom 14%
14
Strong BuyUpgrades$62.00+52.11%2022-01-03
Odeon Capital
Bottom 12%
12
Strong BuyUpgradesN/AN/A2021-11-29

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Forecast return on equity

Is WFC forecast to generate an efficient return?
Company
13.26%
Industry
16.44%
Market
39.08%
WFC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WFC forecast to generate an efficient return on assets?
Company
1.23%
Industry
1.17%
WFC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WFC earnings per share forecast

What is WFC's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$4.07-16.08%
Avg 2 year Forecast
$5.07+4.54%
Avg 3 year Forecast
$6.27+29.28%
WFC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WFC revenue forecast

What is WFC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$73.2B-5.61%
Avg 2 year Forecast
$80.3B+3.51%
Avg 3 year Forecast
$88.9B+14.67%
WFC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WFC earnings growth forecast

How is WFC forecast to perform vs Banks - Diversified companies and vs the US market?
Company
2.64%
Industry
1.26%
Market
16.07%
WFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WFC revenue growth forecast

How is WFC forecast to perform vs Banks - Diversified companies and vs the US market?
Company
1.94%
Industry
2.69%
Market
8.42%
WFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WFC vs Banks - Diversified Stocks

TickerPricePrice TargetUp/downsideConsensus
WFC$40.76$59.14+45.10%Strong Buy
HSBC$33.03$44.50+34.73%Buy
RY$96.48$125.00+29.56%Strong Buy
TD$64.96$107.50+65.49%Buy
C$47.86$66.84+39.66%Hold

WELLS FARGO & COMPANY Stock Forecast FAQ

Is WELLS FARGO & COMPANY Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: WFC) stock is to Strong Buy WFC stock.

Out of 8 analysts, 5 (62.5%) are recommending WFC as a Strong Buy, 1 (12.5%) are recommending WFC as a Buy, 2 (25%) 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 2022-2024?

(NYSE: WFC) WELLS FARGO & COMPANY's forecast annual earnings growth rate of 2.64% is forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 1.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.07%.

WELLS FARGO & COMPANY's earnings in 2022 is $19,393,000,000.On average, 9 Wall Street analysts forecast WFC's earnings for 2022 to be $15,426,733,629, with the lowest WFC earnings forecast at $14,441,242,046, and the highest WFC earnings forecast at $16,867,067,481. On average, 10 Wall Street analysts forecast WFC's earnings for 2023 to be $19,217,085,872, with the lowest WFC earnings forecast at $17,094,488,616, and the highest WFC earnings forecast at $21,036,454,949.

In 2024, WFC is forecast to generate $23,765,508,564 in earnings, with the lowest earnings forecast at $23,159,052,205 and the highest earnings forecast at $24,334,061,400.

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

(NYSE: WFC) WELLS FARGO & COMPANY's forecast annual revenue growth rate of 1.94% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of 2.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.42%.

WELLS FARGO & COMPANY's revenue in 2022 is $77,552,000,000.On average, 5 Wall Street analysts forecast WFC's revenue for 2022 to be $277,469,802,216,179, with the lowest WFC revenue forecast at $270,536,391,344,125, and the highest WFC revenue forecast at $282,646,566,760,510. On average, 5 Wall Street analysts forecast WFC's revenue for 2023 to be $304,274,468,273,158, with the lowest WFC revenue forecast at $294,328,432,373,436, and the highest WFC revenue forecast at $316,265,209,690,366.

In 2024, WFC is forecast to generate $337,057,300,629,910 in revenue, with the lowest revenue forecast at $337,057,300,629,910 and the highest revenue forecast at $337,057,300,629,910.

What is WFC's forecast return on assets (ROA) for 2022-2024?

(NYSE: WFC) forecast ROA is 1.23%, which is higher than the forecast US Banks - Diversified industry average of 1.17%.

What is WFC's Price Target?

According to 7 Wall Street analysts that have issued a 1 year WFC price target, the average WFC price target is $59.14, with the highest WFC stock price forecast at $66.00 and the lowest WFC stock price forecast at $50.00.

On average, Wall Street analysts predict that WELLS FARGO & COMPANY's share price could reach $59.14 by Jun 24, 2023. The average WELLS FARGO & COMPANY stock price prediction forecasts a potential upside of 45.1% from the current WFC share price of $40.76.

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

(NYSE: WFC) WELLS FARGO & COMPANY's current Earnings Per Share (EPS) is $4.85. On average, analysts forecast that WFC's EPS will be $4.07 for 2022, with the lowest EPS forecast at $3.81, and the highest EPS forecast at $4.45. On average, analysts forecast that WFC's EPS will be $5.07 for 2023, with the lowest EPS forecast at $4.51, and the highest EPS forecast at $5.55. In 2024, WFC's EPS is forecast to hit $6.27 (min: $6.11, max: $6.42).

What is WFC's forecast return on equity (ROE) for 2022-2024?

(NYSE: WFC) forecast ROE is 13.26%, which is considered weak.
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