WallStreetZen

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

Analyst price target for WFC

Based on 12 analysts offering 12 month price targets for Wells Fargo & Company.
Min Forecast
$31.00-34.15%
Avg Forecast
$43.92-6.72%
Max Forecast
$60.00+27.44%

Should I buy or sell WFC stock?

Based on 12 analysts offering ratings for Wells Fargo & Company.
Buy
Strong Buy
5 analysts 41.67%
Buy
4 analysts 33.33%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

WFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Raymond James
Top 18%
83
BuyMaintains$55.00+16.82%2021-08-26
Bank of America
Bottom 47%
47
Strong BuyUpgrades$60.00+27.44%2021-06-04
UBS
Top 36%
65
HoldDowngrades$47.00-0.17%2021-05-19
Anonymous
Morgan Stanley
Strong BuyMaintains$49.00+4.08%2021-04-15
Deutsche Bank
Top 22%
79
Strong BuyMaintains$45.00-4.42%2021-04-01
Morgan Stanley
Top 15%
86
Strong BuyMaintains$47.00-0.17%2021-03-10
JP Morgan
Top 24%
77
HoldUpgrades$37.00-21.41%2021-02-18
Credit Suisse
Top 8%
93
BuyUpgrades$40.00-15.04%2021-01-25
Seaport Global
Top 30%
71
BuyUpgrades$42.00-10.79%2021-01-19
Jefferies
Top 28%
73
Strong BuyUpgrades$38.00-19.29%2021-01-07

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Forecast return on equity

Is WFC forecast to generate an efficient return?
Company
9.45%
Industry
593.2%
Market
1,995.09%
WFC's Return on Equity is forecast to be low in 3 years (9.45%); 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
0.93%
Industry
1.03%
Market
960.94%
WFC is forecast to generate lower Return on Assets (0.93%) than the US Banks - Diversified industry average (1.03%)
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
$4.37+24.53%
Avg 2 year Forecast
$3.65+3.85%
Avg 3 year Forecast
$4.40+25.45%
WFC's earnings are forecast to grow at a rate of 6.71% per year, which is not exceptional
Forecast

WFC revenue forecast

What is WFC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$75.0B-15.43%
Avg 2 year Forecast
$71.7B-19.18%
Avg 3 year Forecast
$77.1B-13.02%
WFC's revenue is forecast to grow at a rate of -9% 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
6.71%
Industry
6.98%
Market
23.11%
WFC's earnings are forecast to grow slower (6.71% per year) than the US Banks - Diversified industry average (6.98%)
Forecast
WFC's earnings are forecast to grow slower (6.71% per year) than the US market average (23.11%)
Forecast
WFC's earnings are forecast to grow faster (6.71% per year) than the risk-free savings rate (1.3%)
Forecast

WFC revenue growth forecast

How is WFC forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-9%
Industry
-0.05%
Market
14.55%
WFC's revenues are forecast to grow slower (-9% per year) than the US Banks - Diversified industry average (-0.05%)
Forecast
WFC's revenues are forecast to grow slower (-9% per year) than the US market average (14.55%)
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 12 Wall Street analysts covering (NYSE: WFC) stock is to Buy WFC stock.

Out of 12 analysts, 5 (41.67%) are recommending WFC as a Strong Buy, 4 (33.33%) are recommending WFC as a Buy, 3 (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 2021-2023?

(NYSE: WFC) Wells Fargo & Company's forecast annual earnings growth rate of 6.71% is not forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 6.98%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.11%.

Wells Fargo & Company's earnings in 2021 is $14,468,000,000.On average, 9 Wall Street analysts forecast WFC's earnings for 2021 to be $17,949,530,993, with the lowest WFC earnings forecast at $16,630,962,578, and the highest WFC earnings forecast at $21,558,655,193. On average, 10 Wall Street analysts forecast WFC's earnings for 2022 to be $14,967,866,320, with the lowest WFC earnings forecast at $13,961,795,744, and the highest WFC earnings forecast at $17,164,795,944.

In 2023, WFC is forecast to generate $18,081,757,412 in earnings, with the lowest earnings forecast at $16,836,283,103 and the highest earnings forecast at $19,957,155,093.

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

(NYSE: WFC) Wells Fargo & Company's forecast annual revenue growth rate of -9% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -0.05%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

Wells Fargo & Company's revenue in 2021 is $88,659,000,000.On average, 5 Wall Street analysts forecast WFC's revenue for 2021 to be $307,884,394,594,618, with the lowest WFC revenue forecast at $302,504,068,773,812, and the highest WFC revenue forecast at $310,711,551,466,145. On average, 5 Wall Street analysts forecast WFC's revenue for 2022 to be $294,247,227,027,113, with the lowest WFC revenue forecast at $288,651,914,190,309, and the highest WFC revenue forecast at $298,611,109,479,278.

In 2023, WFC is forecast to generate $316,665,189,684,313 in revenue, with the lowest revenue forecast at $316,665,189,684,313 and the highest revenue forecast at $316,665,189,684,313.

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

(NYSE: WFC) forecast ROA is 0.93%, which is lower than the forecast US Banks - Diversified industry average of 1.03%.

What is WFC's Price Target?

According to 12 Wall Street analysts that have issued a 1 year WFC price target, the average WFC price target is $43.92, with the highest WFC stock price forecast at $60.00 and the lowest WFC stock price forecast at $31.00.

On average, Wall Street analysts predict that Wells Fargo & Company's share price could stay at $43.92 by Aug 26, 2022. The average Wells Fargo & Company stock price prediction forecasts a potential downside of N/A from the current WFC share price of $47.08.

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

(NYSE: WFC) Wells Fargo & Company's current Earnings Per Share (EPS) is $3.51. On average, analysts forecast that WFC's EPS will be $4.37 for 2021, with the lowest EPS forecast at $4.05, and the highest EPS forecast at $5.25. On average, analysts forecast that WFC's EPS will be $3.65 for 2022, with the lowest EPS forecast at $3.40, and the highest EPS forecast at $4.18. In 2023, WFC's EPS is forecast to hit $4.40 (min: $4.10, max: $4.86).

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

(NYSE: WFC) forecast ROE is 9.45%, which is considered weak.
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