S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Wells Fargo & Company (WFC) Stock Forecast & Price Target

$60.36
+1.61 (+2.74%)
(As of 04/19/2024 ET)

Wells Fargo & Company Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$58.85
-2.49% Downside
High Forecast$67.00
Average Forecast$58.85
Low Forecast$48.80
TypeCurrent Forecast
4/20/23 to 4/19/24
1 Month Ago
3/21/23 to 3/20/24
3 Months Ago
1/20/23 to 1/20/24
1 Year Ago
4/20/22 to 4/20/23
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
12 Hold rating(s)
11 Hold rating(s)
9 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$58.85$52.74$50.90$49.45
Predicted Upside-2.49% Downside14.48% Upside15.49% Upside19.95% Upside
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WFC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WFC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Wells Fargo & Company Stock vs. The Competition

TypeWells Fargo & CompanyFinance CompaniesS&P 500
Consensus Rating Score
2.42
2.45
2.49
Consensus RatingHoldHoldHold
Predicted Upside-2.49% Downside59.30% Upside11.90% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/15/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$63.00 ➝ $64.00+11.63%
4/15/2024Argus
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 Boost TargetBuy ➝ Buy$57.00 ➝ $66.00+14.13%
4/15/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
4/9/2024Compass Point
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 Reiterated RatingBuy ➝ Neutral$64.00+10.75%
4/8/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$52.00 ➝ $60.00+3.52%
4/1/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$57.00 ➝ $65.00+12.89%
3/28/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$58.00 ➝ $67.00+15.68%
3/28/2024HSBC
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 Boost TargetHold ➝ Hold$55.00 ➝ $60.00+4.15%
3/27/2024Keefe, Bruyette & Woods
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 Reiterated RatingOutperform ➝ Market Perform$56.00 ➝ $62.00+9.37%
3/20/2024Citigroup
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 Reiterated RatingBuy ➝ Neutral$57.00 ➝ $63.00+11.11%
1/18/2024Odeon Capital Group
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 DowngradeBuy ➝ Hold$48.80+4.56%
1/16/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$51.00 ➝ $50.00+6.77%
1/16/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$55.00 ➝ $58.00+22.36%
1/9/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy ➝ Hold$51.00+2.17%
1/8/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Neutral$55.00+10.18%
1/2/2024Barclays
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 Boost TargetOverweight ➝ Overweight$54.00 ➝ $66.00+34.09%
10/16/2023BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$52.00 ➝ $54.00+29.65%
10/12/2023UBS Group
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 Boost Target$51.00 ➝ $53.00+33.50%
8/1/2023Atlantic Securities
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 Boost TargetOverweight ➝ Overweight$50.00 ➝ $52.50+13.73%
7/7/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
6/26/2023VNET Group
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:36 PM ET.

WFC Price Target - Frequently Asked Questions

What is Wells Fargo & Company's consensus rating and price target?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Wells Fargo & Company stock is Hold based on the current 12 hold ratings, 6 buy ratings and 1 strong buy rating for WFC. The average twelve-month price prediction for Wells Fargo & Company is $58.85 with a high price target of $67.00 and a low price target of $48.80. Learn more on WFC's analyst rating history.

Do Wall Street analysts like Wells Fargo & Company more than its competitors?

Analysts like Wells Fargo & Company less than other Finance companies. The consensus rating score for Wells Fargo & Company is 2.42 while the average consensus rating score for finance companies is 2.45. Learn more on how WFC compares to other companies.

Does Wells Fargo & Company's stock price have much upside?

According to analysts, Wells Fargo & Company's stock has a predicted upside of 12.55% based on their 12-month stock forecasts.

What analysts cover Wells Fargo & Company?
Does Wells Fargo & Company rate other companies?

Wells Fargo & Company also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.


Stock Ratings Reports and Tools

This page (NYSE:WFC) was last updated on 4/19/2024 by MarketBeat.com Staff

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