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Wells Fargo (WFC) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: October 16, 2024 (09:22)
Sector: FinancialThe share price of Wells Fargo & Company (WFC) now
News Impact Analyzer
Full report|
This Week
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Bullish | Impact: 4 | News: 5 (4/0/1) |
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Previous Week
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Bullish | Impact: 5 | News: 4 (2/2/0) |
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Two Weeks Ago
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Bullish | Impact: 5 | News: 3 (3/0/0) |
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Three Weeks Ago
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Bearish | Impact: 5 | News: 2 |
Analysts predictions
Full report|
This Week
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Bullish | Opinions: 4 (2/2/0) |
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Previous Week
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Bullish | Opinions: 1 (1/0/0) |
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Two Weeks Ago
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Neutral | Opinions: 1 |
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Three Weeks Ago
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Neutral | Opinions: 1 |
Analyzing the Most Important WFC news
Wells Fargo Rises on Phillip Securities Upgrade and Earnings Growth Potential
Wells Fargo Surges with Fee Income Powering Q3 Beat
Bank Stocks Surge as Q3 Earnings Beat Expectations
Historical and forecast chart of Wells Fargo stock
The chart below shows the historical price of Wells Fargo stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Wells Fargo stock price can be found in the table below.
Long-term forecasts by years.
Wells Fargo & Company Analysts predictions review
As of now, Panda has combed through 7 analytical articles which are directly related to WFC from the last 30 days. Out of these, 3 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 4 stay neutral.
To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Sep 19, 2024 to Oct 15, 2024.
Wells Fargo: A Strong Capital Buffer Amid Economic Growth and Challenges
In the analytical financial article authored by John M. Mason, the stance on WFC stock is decidedly negative, underscoring potential concerns or limitations in its current market trajectory. Mason, with an impressively prolific output of 3,549 publications since 2008, averages a substantial number each year, attesting to a robust engagement in financial discourse. His subscriber base of 17,451 further reflects the extensive reach and influence of his insights. Mason's credibility within the financial community is outstanding, pointing to the authoritative nature of his evaluations and analyses. Readers can rely on his discerning assessments and expert commentary, as his analytical acumen is crafted from years of consistent contribution and recognized expertise. This article promises a discerning review of WFC stock, informed by expert analysis and respected authority in the financial sector.
Key Theses from the Analytical Review
- JPMorgan Chase and Wells Fargo maintained strong financial performance in Q3 2024.
- Positive economic indicators support continued growth for major banks.
- Despite a slight drop from last year, double-digit ROE and ROTCE suggest a robust economy.
- JPMorgan and Wells Fargo have solid capital positions with high Basel III ratios.
- Bank performance indicates confidence in consumer spending and business investments.
Key Factors Influencing Wells Fargo's Stock Price
Return on Equity (ROE) and Return on Tangible Common Equity (ROTCE)
Wells Fargo's consistent double-digit ROE and ROTCE indicate strong profitability, which is attractive to investors. This performance suggests the bank is generating sufficient returns above its cost of capital, influencing positive investor sentiment.
Economic Growth and Consumer Spending
The article highlights continued economic growth, which supports higher consumer and business confidence. A strong economy increases the likelihood of improved financial results for banks, positively affecting stock prices.
Capital Positions
Wells Fargo's solid Common Equity Tier 1 (CET1) ratio of 11.3% reflects a strong capital buffer, enhancing investor confidence in the bank's financial stability. This factor significantly impacts stock price as it indicates robustness against financial uncertainties.
Interest Income Projections
While Wells Fargo anticipates a decline in net interest income in Q4 2024, expectations for a rebound in 2025 mitigate negative impacts. The interest income trajectory can affect stock perception, affecting price volatility in the short term.
Commercial Real Estate Loans
Concerns over commercial real estate loans could influence investor perception of risk despite overall bank performance. Although not a major issue, the potential problems in this area could moderately impact stock valuation.
Review the original Analysis
Wells Fargo's Earnings Beat Fuels Bullish Outlook Amid Rate Challenges
In his latest analytical financial article, Daniel Urbina articulates a compelling bullish stance on WFC stock, a position that aligns with an optimistic outlook on the company's future performance. Since joining the community of contributors in 2024, Urbina has impressively published 53 articles, showcasing an active engagement and steady flow of insights. With 402 subscribers, his perspectives have attracted a modest, yet dedicated following. Although still emerging in terms of authorial credibility, his consistent contributions and the quantitative engagement with his work suggest a growing influence within the financial commentary space. Readers interested in strategic WFC stock insights may find value in Urbina's analysis, offering a nuanced take on investment opportunities while fostering a space for informed discussions.
Key Theses of Wells Fargo Q3 Analysis
- Wells Fargo's Q3 earnings exceeded bottom-line expectations despite a decline in net interest income and net interest margin.
- There is optimism for a reversal in the NII trend based on improved funding mix and non-interest income momentum.
- The 'buy' rating for Wells Fargo is maintained due to the potential recovery in NII growth and positive trends in non-interest income.
Factors Influencing WFC Stock Price
Net Interest Income Decline
The decline in net interest income, which dropped 11% YoY, has been a significant drag on earnings, impacting top-line growth and investor sentiment significantly.
Strong Non-Interest Income Growth
Non-interest income increased by 12% YoY, driven by improvements in investment banking and mortgage banking, providing a counterbalance to declining NII and appealing diversification.
Monetary Policy and Interest Rates
Future monetary policy actions, such as potential rate cuts by the Fed, could lower funding costs and stimulate loan demand, enhancing NII recovery prospects.
Funding Mix Improvement
Wells Fargo's improved funding mix, with an increase in lower-cost customer deposits, is expected to alleviate some pressure on NII and support profitability.
Market Sentiment and Stock Performance
Despite past volatility, the stock's 58.22% one-year performance against the S&P 500 indicates strong market sentiment that could continue to influence stock movements positively.
Review the original Analysis Commentary
Wells Fargo's latest earnings showcase a balanced act between declining net interest income (NII) and burgeoning non-interest income. Even with an 11% drop in NII, optimism is drawn from a 12% rise in non-interest earnings, thanks to gains in investment and mortgage banking. The Fed's upcoming rate decisions add an intriguing twist, potentially easing funding pressures and invigorating loan demand which, in turn, could boost NII recovery prospects.
Over the next 15 days, market sentiment could get a positive nudge as Wells Fargo's stock performance, bolstered by its refined funding mix, shows strong potential. However, uncertainties remain, linked primarily to external monetary tightening. On a broader timescale of the coming month, the average influence strength of the factors, notably monetary policy, market sentiment, and evolving income trends, provides a compelling story for a continued bullish trajectory. The focus now centers on how effectively Wells Fargo can leverage its diversified income streams amid economic headwinds.
Comprehensive Analysis of Wells Fargo (WFC) Stock Market Performance
Our multifaceted analysis of Wells Fargo's stock market is grounded in the company's key news stories, insights from reputable analysts, as well as mathematical and technical evaluations. Taking into account assessments from each of these aspects in real-time helps us address the most crucial questions for investors in the most objective way possible:
- When should I take profit in Wells Fargo stock?
- When should I record a loss on Wells Fargo stock?
- What are analysts' forecasts for Wells Fargo stock?
- What is the future of Wells Fargo stock?
We forecast Wells Fargo stock performance using neural networks based on historical data on Wells Fargo stocks.
Wells Fargo & Company News influencing stock rates
As of now, Panda has combed through 14 news items directly related to WFC from the last 30 days. Out of these, 9 clearly showcase a bullish trend, while 2 display bearish tendencies, and 3 events are neutral.
The strength of the bullish trend outpaces the bearish sentiments by 4.53 times, indicating that the news backdrop is positively influencing the company’s stock price in the current outlook.
The news analyzed fell within the period from Sep 20, 2024, to Oct 15, 2024.
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Wells Fargo is an American bank. Works with individuals, small businesses, corporations and government agencies. Helps to manage accounts, assets and personal wealth. Wells Fargo has 8.6 thousand branches, 13 thousand ATMs and 40 million retail customers in the United States, Canada and Puerto Rico.
Wells Fargo is the fourth largest bank in the United States. It is included in the big four banks along with Bank of America, Citigroup and JPMorgan Chase. Ranked 7th in the list of the most expensive companies in the United States. In 2015, the company’s assets were worth $ 890.3 billion – Wells Fargo was ranked 19th in terms of assets among all investment companies in the world.
The company was founded in 1852. In the late 19th century, Wells Fargo helped companies move goods, provided loans, and serviced people’s accounts. In 1905, the company split into two parts: transport and banking. The shipping division has become one of the largest express delivery companies in the United States. In 1918, all such companies were nationalized – since then Wells Fargo has been operating as a bank.
Wells Fargo daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct 18 | 64.01 | 63.45 | 64.50 | 1.65 |
| Oct 19 | 63.97 | 63.44 | 64.60 | 1.84 |
| Oct 20 | 64.47 | 64.01 | 65.31 | 2.03 |
| Oct 21 | 63.89 | 62.97 | 64.86 | 3.00 |
| Oct 22 | 64.31 | 63.93 | 64.57 | 1.01 |
| Oct 23 | 65.46 | 64.75 | 66.47 | 2.65 |
| Oct 24 | 65.63 | 65.18 | 66.26 | 1.65 |
| Oct 25 | 65.17 | 64.62 | 65.49 | 1.35 |
| Oct 26 | 65.19 | 64.87 | 65.98 | 1.71 |
| Oct 27 | 63.90 | 62.92 | 64.86 | 3.09 |
| Oct 28 | 62.86 | 62.60 | 63.80 | 1.91 |
| Oct 29 | 63.72 | 63.30 | 64.18 | 1.39 |
| Oct 30 | 63.57 | 63.24 | 64.27 | 1.63 |
| Oct 31 | 63.34 | 62.63 | 63.73 | 1.76 |
| Nov 01 | 64.37 | 63.43 | 65.29 | 2.94 |
| Nov 02 | 65.51 | 64.46 | 66.06 | 2.48 |
| Nov 03 | 64.88 | 64.01 | 65.58 | 2.45 |
| Nov 04 | 65.10 | 64.82 | 65.37 | 0.84 |
| Nov 05 | 65.44 | 65.01 | 65.93 | 1.41 |
| Nov 06 | 64.72 | 64.45 | 65.66 | 1.87 |
| Nov 07 | 64.84 | 63.97 | 65.10 | 1.76 |
| Nov 08 | 64.49 | 63.94 | 65.46 | 2.38 |
| Nov 09 | 64.09 | 63.24 | 64.68 | 2.27 |
| Nov 10 | 64.37 | 63.52 | 64.64 | 1.76 |
| Nov 11 | 65.18 | 64.84 | 65.76 | 1.41 |
| Nov 12 | 64.81 | 64.55 | 65.53 | 1.53 |
| Nov 13 | 64.18 | 63.50 | 64.48 | 1.54 |
| Nov 14 | 64.17 | 63.68 | 64.95 | 2.00 |
| Nov 15 | 62.96 | 62.66 | 63.56 | 1.43 |
| Nov 16 | 62.06 | 61.46 | 62.73 | 2.06 |
Wells Fargo Daily Price Targets
Wells Fargo Stock Forecast 10-18-2024.
Forecast target price for 10-18-2024: $64.01.
Positive dynamics for Wells Fargo shares will prevail with possible volatility of 1.628%.
Pessimistic target level: 63.45
Optimistic target level: 64.50
Wells Fargo Stock Forecast 10-19-2024.
Forecast target price for 10-19-2024: $63.97.
Negative dynamics for Wells Fargo shares will prevail with possible volatility of 1.802%.
Pessimistic target level: 63.44
Optimistic target level: 64.60
Wells Fargo Stock Forecast 10-20-2024.
Forecast target price for 10-20-2024: $64.47.
Positive dynamics for Wells Fargo shares will prevail with possible volatility of 1.994%.
Pessimistic target level: 64.01
Optimistic target level: 65.31
Wells Fargo Stock Forecast 10-21-2024.
Forecast target price for 10-21-2024: $63.89.
Negative dynamics for Wells Fargo shares will prevail with possible volatility of 2.916%.
Pessimistic target level: 62.97
Optimistic target level: 64.86
Wells Fargo Stock Forecast 10-22-2024.
Forecast target price for 10-22-2024: $64.31.
Positive dynamics for Wells Fargo shares will prevail with possible volatility of 0.996%.
Pessimistic target level: 63.93
Optimistic target level: 64.57
Wells Fargo Stock Forecast 10-23-2024.
Forecast target price for 10-23-2024: $65.46.
Positive dynamics for Wells Fargo shares will prevail with possible volatility of 2.580%.
Pessimistic target level: 64.75
Optimistic target level: 66.47
WFC (WFC) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Nov. | 67.08 | 63.76 | 69.55 | 8.33 |
| Dec. | 65.74 | 64.69 | 66.90 | 3.30 |
Wells Fargo forecast for this year
Wells Fargo Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $67.0831. Pessimistic: $63.76. Optimistic: $69.55
Wells Fargo Stock Prediction for Dec 2024
An downtrend is forecast for this month with an optimal target price of $65.7414. Pessimistic: $64.69. Optimistic: $66.90
Wells Fargo (WFC) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 65.58 | 63.22 | 67.16 | 5.86 |
| Feb | 61.07 | 60.05 | 63.56 | 5.53 |
| Mar | 57.16 | 56.11 | 59.68 | 5.98 |
| Apr | 55.84 | 53.87 | 58.34 | 7.66 |
| May | 60.26 | 56.69 | 62.04 | 8.62 |
| Jun | 61.13 | 60.00 | 65.04 | 7.74 |
| Jul | 61.08 | 58.19 | 64.11 | 9.22 |
| Aug | 64.40 | 61.98 | 65.89 | 5.94 |
| Sep | 65.48 | 61.55 | 68.52 | 10.17 |
| Oct | 62.34 | 59.70 | 63.39 | 5.82 |
| Nov | 66.48 | 63.39 | 68.93 | 8.02 |
| Dec | 68.39 | 66.86 | 71.07 | 5.93 |
Wells Fargo (WFC) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 71.51 | 66.99 | 74.43 | 9.99 |
| Feb | 72.03 | 70.24 | 75.60 | 7.09 |
| Mar | 70.24 | 68.33 | 71.93 | 5.00 |
| Apr | 72.21 | 69.78 | 76.42 | 8.69 |
| May | 74.63 | 72.13 | 79.29 | 9.04 |
| Jun | 77.44 | 73.16 | 81.59 | 10.33 |
| Jul | 72.61 | 69.99 | 75.40 | 7.16 |
| Aug | 73.19 | 71.55 | 76.82 | 6.86 |
| Sep | 68.21 | 66.79 | 69.58 | 4.00 |
| Oct | 72.03 | 68.29 | 75.66 | 9.75 |
| Nov | 72.15 | 69.03 | 74.57 | 7.43 |
| Dec | 69.84 | 67.60 | 71.85 | 5.91 |
Wells Fargo information and performance
420 MONTGOMERY STREET, SAN FRANCISCO, CA, US
Market capitalization of the Wells Fargo & Company is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of WFC shares in the company outstanding by the market price of one share.
EBITDA of Wells Fargo is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Wells Fargo (WFC) stock dividend
Wells Fargo last paid dividends on 08/09/2024. The next scheduled payment will be on 09/01/2024. The amount of dividends is $1.45 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
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Commentary
Wells Fargo continues to demonstrate its financial robustness, maintaining double-digit ROE and ROTCE, indicative of strong profitability levels desired by investors. The bank's firm capital position at a Common Equity Tier 1 ratio of 11.3% is a significant factor, reflecting its capability to withstand economic uncertainties and bolstering investor confidence. As we dissect the influence of these factors on Wells Fargo's stock trend over the next 15 days, it's clear that stability and attractiveness are underscored, although tempered by cautious optimism regarding economic trends.
Moving into the upcoming month, Wells Fargo's stock dynamics appear to lean more towards neutrality. While economic growth and high consumer spending levels are encouraging, the anticipated decline in net interest income and concerns related to commercial real estate loans could cast a shadow on investor enthusiasm. The overall average influence suggests a balanced outlook with no dramatic shifts expected, balancing positive capital strength with challenges in interest income projections. As investors weigh these aspects, Wells Fargo's stock is likely to remain steady, reflecting a nuanced yet resilient financial stance.