S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The World's First "$20 Trillion Drug (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Something is Coming for America's Top Stock (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The World's First "$20 Trillion Drug (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Something is Coming for America's Top Stock (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The World's First "$20 Trillion Drug (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Something is Coming for America's Top Stock (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The World's First "$20 Trillion Drug (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Something is Coming for America's Top Stock (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Biden's campaign joins TikTok, even as administration warns of national security concerns with app

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

$48.06
-0.29 (-0.60%)
(As of 02/9/2024 08:57 PM 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

Moderate Buy
Based on 16 Analyst Ratings

Analysts' Consensus Price Target

$51.43
7.01% Upside
High Forecast$66.00
Average Forecast$51.43
Low Forecast$42.00
TypeCurrent Forecast
2/12/23 to 2/12/24
1 Month Ago
1/13/23 to 1/13/24
3 Months Ago
11/14/22 to 11/14/23
1 Year Ago
2/12/22 to 2/12/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
9 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$51.43$50.92$48.31$52.09
Predicted Upside7.01% Upside15.85% Upside15.72% Upside23.54% Upside
Get Wells Fargo & Company Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for WFC and its competitors with MarketBeat's FREE daily newsletter.


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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Wells Fargo & Company Stock vs. The Competition

TypeWells Fargo & CompanyFinance CompaniesS&P 500
Consensus Rating Score
2.50
2.42
2.48
Consensus RatingModerate BuyHoldHold
Predicted Upside7.01% Upside79.36% Upside8.84% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/30/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$54.00 ➝ $63.00+25.11%
1/18/2024Odeon Capital Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$48.80+4.56%
1/16/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$51.00 ➝ $50.00+6.77%
1/16/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy ➝ Strong-Buy$55.00 ➝ $58.00+22.36%
1/9/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Hold$51.00+2.17%
1/8/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Neutral$55.00+10.18%
1/2/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$54.00 ➝ $66.00+34.09%
12/1/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$45.00 ➝ $50.00+11.76%
10/16/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$52.00 ➝ $54.00+29.65%
10/12/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$51.00 ➝ $53.00+33.50%
10/10/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$48.00 ➝ $43.00+8.31%
9/7/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$45.00+9.70%
8/1/2023Atlantic Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$50.00 ➝ $52.50+13.73%
7/16/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$50.00 ➝ $52.00+19.38%
7/7/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Peer Perform
6/26/2023VNET Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
4/17/2023Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$44.00 ➝ $46.00+13.08%
4/10/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral$49.00 ➝ $45.00+18.73%
3/24/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Perform$45.00 ➝ $42.00+14.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:59 AM ET.












WFC Price Target - Frequently Asked Questions

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

According to the issued ratings of 16 analysts in the last year, the consensus rating for Wells Fargo & Company stock is Moderate Buy based on the current 9 hold ratings, 6 buy ratings and 1 strong buy rating for WFC. The average twelve-month price prediction for Wells Fargo & Company is $51.43 with a high price target of $66.00 and a low price target of $42.00. 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 more than other Finance companies. The consensus rating for Wells Fargo & Company is Moderate Buy while the average consensus rating for finance companies is Hold. Learn more on how WFC compares to other companies.

Is Wells Fargo & Company being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Wells Fargo & Company's stock had 1 upgrade and 1 downgrade by analysts.

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

According to analysts, Wells Fargo & Company's stock has a predicted upside of 15.84% 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 2/12/2024 by MarketBeat.com Staff

My Account -