Wells Fargo & Co. (WFC) Stock Forecast & Predictions

Wells Fargo & Co. WFC: $41.75

420 Montgomery St, San Francisco, California, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.wellsfargo.com

  • Market Cap$172.58B
  • Change (52 Weeks)53.40%
  • Low (52 Weeks)$20.56
  • Wells Fargo & Co. (WFC) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Wells Fargo & Co. (WFC) stock price is $41.75 and the 52 weeks low is $20.56, which means the Wells Fargo & Co. stock price is up 53.40% in the last 12 months.

    Wells Fargo & Co. (WFC) Stock Price has been Trending Strongly with an ADX reading of 33.68 as per the Weekly Chart.

    A Upward trend indicates that Wells Fargo & Co. (WFC) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that WFC Stock price might rise further, 25.00% indicating that WFC Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WFC stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Wells Fargo & Co. (WFC) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Wells Fargo & Co. (WFC) is based on 28 Institutional Analyst Ratings where 35.71% are on Strong Buy, 21.43% on Moderate Buy, 42.86% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 28 Institutional Analysts, majority recommended WFC stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Wells Fargo & Co..

    Wells Fargo & Co. (WFC) Stock Price Prediction By Analysts


    HighLowAverage
    $68.25$40.40$50.17
    $50.1720.16% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for WFC set by the institutional analysts is $50.17 where High Estimate is $68.25, Median $48.96 and Low $40.40.

    The average price target for WFC by Institutional Analysts is $50.17, which is 20.16% Upside from the current price. So according to the Institutional Analysts, WFC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Wells Fargo & Co. (WFC) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with WFC stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about WFC and holding their positions hoping for a further rise in the stock price and more profit.

    Wells Fargo & Co. (WFC) Stock Forecast Based on News Sentiment


    Bullish
    Based on 25 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about WFC, it shows that Wells Fargo & Co. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that WFC stock price may surge in the next few weeks.

    Wells Fargo & Co. (WFC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesOutperformMaintained
    B of A SecuritiesBuyUpgraded
    UBSNeutralDowngraded
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    JP MorganNeutralUpgraded
    Credit SuisseOutperformUpgraded
    Seaport GlobalBuyUpgraded
    Raymond JamesOutperformMaintained
    UBSBuyUpgraded
    JefferiesBuyUpgraded
    Keefe, Bruyette & WoodsOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    Morgan StanleyOverweightUpgraded
    Raymond JamesOutperformUpgraded
    Wolfe ResearchOutperformUpgraded
    UBSNeutralUpgraded
    Morgan StanleyEqual-WeightMaintained
    Odeon CapitalBuyUpgraded
    Atlantic EquitiesNeutralUpgraded
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Evercore ISI GroupOutperformUpgraded
    BarclaysEqual-WeightMaintained
    BairdOutperformUpgraded
    B of A SecuritiesNeutralMaintained
    Wolfe ResearchPeer PerformUpgraded
    Seaport GlobalNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyUpgraded
    DA DavidsonNeutralInitiated
    Compass PointNeutralMaintained
    Atlantic EquitiesUnderweightDowngraded
    UBSSellDowngraded
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    B of A SecuritiesNeutralReiterated
    NomuraBuyMaintained
    UBSNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    CFRAHoldUpgraded
    Morgan StanleyEqual-WeightMaintained
    BairdNeutralUpgraded
    RBC CapitalUnderperformDowngraded
    Credit SuisseNeutralMaintained
    UBSNeutralMaintained
    Piper SandlerNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    BairdUnderperformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Odeon CapitalSellDowngraded
    CitigroupNeutralMaintained
    Raymond JamesUnderperformDowngraded
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralDowngraded
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Buckingham ResearchNeutralMaintained
    CitigroupNeutralDowngraded
    Wolfe ResearchUnderperformDowngraded
    JP MorganUnderweightMaintained
    Atlantic EquitiesUnderweightDowngraded
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralDowngraded
    Deutsche BankHoldMaintained
    BuckinghamNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Raymond JamesMarket PerformUpgraded
    Deutsche BankHoldDowngraded
    RBC CapitalSector PerformUpgraded
    Credit SuisseNeutralMaintained
    NomuraBuyMaintained
    MacquarieOutperformUpgraded
    MacquarieNeutralMaintained
    MacquarieNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Keefe Bruyette & WoodsOutperformUpgraded
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightUpgraded
    Morgan StanleyUnderweightMaintained
    MacquarieOutperformUpgraded
    Morgan StanleyUnderweightMaintained
    BuckinghamBuyMaintained
    BarclaysOverweightMaintained
    UBSBuyUpgraded
    NomuraBuyMaintained
    Morgan StanleyUnderweightDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    JP MorganUnderweightDowngraded
    CitigroupNeutralDowngraded
    Bank of AmericaBuyMaintained
    Morgan StanleyOverweightMaintained
    Atlantic EquitiesNeutralUpgraded
    Sandler O'NeillBuyUpgraded
    BernsteinOutperformUpgraded
    BuckinghamBuyUpgraded
    UBSNeutralMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    UBSNeutralMaintained
    NomuraBuyMaintained
    BMO CapitalMarket PerformUpgraded
    BerenbergSellDowngraded
    GuggenheimNeutralUpgraded
    RaffertySellDowngraded
    PiperJaffrayNeutralUpgraded
    Keefe Bruyette & WoodsOutperformUpgraded
    Credit SuisseNeutralDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    UBSNeutralInitiated
    SusquehannaNeutralDowngraded
    Deutsche BankBuyMaintained
    JefferiesHoldDowngraded
    BMO CapitalUnderperformDowngraded
    GuggenheimSellDowngraded
    FBR CapitalMarket PerformDowngraded
    NomuraBuyMaintained
    Keefe Bruyette & WoodsMarket PerformDowngraded
    UBSNeutralUpgraded
    Raymond JamesUnderperformDowngraded
    Deutsche BankBuyMaintained
    JP MorganNeutralDowngraded
    Morgan StanleyOverweightUpgraded
    BairdOutperformUpgraded
    Atlantic EquitiesUnderweightDowngraded
    UBSSellMaintained
    BarclaysOverweightMaintained
    RaffertySellDowngraded
    BarclaysOverweightMaintained
    BerenbergHoldInitiated
    Raymond JamesMarket PerformDowngraded
    NomuraBuyMaintained
    PiperJaffrayUnderweightDowngraded
    Sandler O'NeillHoldDowngraded
    GuggenheimNeutralDowngraded
    UBSSellInitiated
    NomuraNeutralMaintained
    Deutsche BankBuyMaintained
    SusquehannaPositiveUpgraded
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    Keefe Bruyette & WoodsOutperformUpgraded
    Goldman SachsBuyUpgraded
    CitigroupBuyUpgraded
    PiperJaffrayNeutralInitiated
    BarclaysOverweightMaintained
    JP MorganOverweightUpgraded
    MacquarieUnderperformMaintained
    Evercore ISI GroupBuyUpgraded
    Deutsche BankBuyUpgraded
    Sandler O'NeillBuyUpgraded
    GuggenheimBuyUpgraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    SusquehannaNeutralMaintained
    MacquarieUnderperformMaintained
    BarclaysOverweightMaintained
    JP MorganNeutralMaintained
    Societe GeneraleSellDowngraded
    Miller TabakBuyUpgraded
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Compass PointNeutralMaintained
    Evercore ISI GroupHoldInitiated
    Credit SuisseOverweightInitiated
    BarclaysOverweightMaintained
    BairdNeutralDowngraded
    BMO CapitalMarket PerformDowngraded
    CitigroupNeutralMaintained
    Argus CapitalBuyUpgraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    JefferiesBuyMaintained
    Compass PointNeutralMaintained
    Rafferty CapitalHoldDowngraded
    JP MorganNeutralDowngraded
    MacquarieUnderperformDowngraded
    CitigroupNeutralMaintained
    NomuraBuyInitiated
    JP MorganOverweightMaintained
    BMO CapitalOutperformUpgraded
    Deutsche BankHoldMaintained
    FBR CapitalOutperformMaintained
    Compass PointNeutralMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    Atlantic EquitiesNeutralUpgraded
    Raymond JamesStrong BuyMaintained
    Compass PointNeutralMaintained
    S&P Capital IQHoldDowngraded
    MacquarieNeutralDowngraded
    ISI GroupBuyInitiated
    Societe GeneraleHoldInitiated
    Compass PointNeutralMaintained
    JefferiesBuyMaintained
    Sandler O'NeillHoldDowngraded
    JP MorganOverweightMaintained
    SusquehannaNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Sterne AgeeNeutralDowngraded
    Atlantic EquitiesUnderweightDowngraded
    Sterne AgeeBuyMaintained
    CitigroupNeutralMaintained
    BMO CapitalMarket PerformInitiated
    Rafferty CapitalBuyUpgraded
    Stifel NicolausBuyUpgraded
    NomuraBuyInitiated
    Atlantic EquitiesNeutralDowngraded
    Compass PointNeutralMaintained
    OppenheimerPerformDowngraded
    CitigroupNeutralMaintained
    Credit SuisseNeutralMaintained
    Goldman SachsNeutralDowngraded
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightDowngraded
    Evercore PartnersEqual-WeightDowngraded
    SunTrust Robinson HumphreyNeutralInitiated
    Compass PointNeutralDowngraded
    Drexel HamiltonBuyInitiated
    Deutsche BankHoldDowngraded
    CitigroupNeutralMaintained
    Stifel NicolausHoldDowngraded
    Goldman SachsBuyMaintained
    Miller TabakHoldMaintained
    Compass PointBuyMaintained
    ISI GroupBuyMaintained
    JefferiesBuyInitiated
    CitigroupNeutralMaintained
    GuggenheimBuyMaintained
    Morgan StanleyOverweightMaintained
    Bank ofericaBuyMaintained
    JP MorganOverweightMaintained
    CitigroupNeutralMaintained
    Miller TabakHoldMaintained
    Miller TabakHoldMaintained
    Bank ofericaBuyMaintained

    Wells Fargo & Co. (WFC) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.977
    The average consensus EPS for WFC is $0.977 with a high estimate of $1.344 and Low of $0.647 for the period 2021-09-30 and based on 22 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.05$0.70392962021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.91789812021-06-30
    $1.05$0.70392962021-03-31
    $0.64$0.60389922020-12-31
    $0.42$0.45432832020-09-30
    $-0.66$-0.202242400000000022020-06-30
    $0.01$0.33052252020-03-31
    $0.93$1.13381589999999992019-12-31
    $1.07$1.15683382019-09-30
    $1.3$1.16336852019-06-30
    $1.03$1.10350580000000022019-03-31
    $1.09$1.18458862018-12-31
    $1.16$1.18330592018-09-30
    $1.08$1.128172018-06-30
    $1.12$1.07545812018-03-31
    $0.97$1.07710442017-12-31
    $1.04$1.03564392017-09-30
    $1.07$1.02051412017-06-30
    $1$0.97533682017-03-31
    $1.03$1.00936372016-12-31
    $1.03$1.01851429999999992016-09-30
    $1.01$1.01824159999999992016-06-30
    $0.99$0.98286132016-03-31
    $1.03$1.03229070000000012015-12-31
    $1.05$1.05496519999999982015-09-30
    $1.03$1.04102722015-06-30
    $1.04$0.98587112015-03-31
    $1.02$1.02561462014-12-31
    $1.02$1.03044242014-09-30
    $1.01$1.01881729999999982014-06-30
    $1.05$0.97549842014-03-31
    $1$0.99356732013-12-31
    $0.99$0.98314412013-09-30
    $0.98$0.93734062013-06-30
    $0.92$0.89210272013-03-31
    $0.92$0.901932012-12-31
    $0.88$0.87906360000000012012-09-30
    $0.82$0.82059472012-06-30
    $0.75$0.73520932012-03-31
    $0.73$0.72691722011-12-31
    $0.72$0.733262011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).