Wells Fargo & Company (NYSE:WFC) Stock Has Consensus Target Price of $97.50 According to Analysts

Shares of Wells Fargo & Company (NYSE:WFC) have received a consensus rating of “Moderate Buy” from the twenty-six ratings firms that are presently covering the stock, Marketbeat.com reports. Nine analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $97.50.

Several equities analysts have recently issued reports on WFC shares. UBS Group reduced their price objective on Wells Fargo & Company from $104.00 to $102.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Jefferies Financial Group dropped their price target on Wells Fargo & Company from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. CICC Research upped their price objective on shares of Wells Fargo & Company from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Citigroup reduced their price objective on shares of Wells Fargo & Company from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Finally, TD Cowen began coverage on shares of Wells Fargo & Company in a report on Thursday, October 8th. They issued a “buy” rating and a $95.00 target price for the company.

Key Wells Fargo & Company News

These are some of the WFC news items that stood out recently:

• Positive Sentiment: Wells Fargo is targeting $50 billion in net interest income in 2026, with expected support from loan growth, rising deposits, repricing fixed-rate assets and balance-sheet expansion. This is an optimistic forward-looking target, not reported results. Wells Fargo Eyes $50B NII in 2026: What’s Fuelling the Optimism?
• Neutral Sentiment: Wells Fargo analysts raised their outlook for U.S. AI infrastructure to neutral from negative after a sector selloff. The call concerns investment opportunities in the sector, rather than a change to WFC’s own business outlook. 5 Best AI Stocks to Buy After Wells Fargo’s Outlook Upgrade
• Neutral Sentiment: A former Wells Fargo executive who became a whistleblower is appealing the SEC’s decision to reduce his award. The dispute is with the regulator over the award, and the report does not describe a new enforcement action against the bank. Wells Fargo whistleblower argues SEC played ‘fast and loose’

Institutional Trading of Wells Fargo & Company

Several large investors have recently made changes to their positions in the stock. Legal & General Group Plc bought a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at approximately $1,635,881,000. Bank of New York Mellon Corp bought a new position in shares of Wells Fargo & Company during the 2nd quarter valued at $1,364,923,000. Deutsche Bank AG acquired a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at $859,431,000. Pzena Investment Management LLC acquired a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at $729,502,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at $620,861,000. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Stock Performance

Shares of WFC opened at $86.02 on Wednesday. The stock has a market capitalization of $258.20 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 0.92 and a beta of 0.93. The business’s fifty day moving average price is $84.21 and its 200 day moving average price is $83.56. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.89. Wells Fargo & Company has a 12-month low of $72.78 and a 12-month high of $97.76.

Wells Fargo & Company (NYSE:WFC) last released its earnings results on Tuesday, October 13th. The financial services provider reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.02. The firm had revenue of $21.87 billion during the quarter, compared to analyst estimates of $22.30 billion. Wells Fargo & Company had a net margin of 17.64% and a return on equity of 14.05%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.66 earnings per share. Equities research analysts forecast that Wells Fargo & Company will post 7.27 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 6th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, November 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.21%.

About Wells Fargo & Company

Wells Fargo & Company is a diversified financial services company offering banking, lending, investment, and wealth management services. Its products include checking and savings accounts, credit cards, mortgages, auto loans, commercial financing, investment services, and financial advice. The company serves consumers, businesses, and institutions, primarily in the United States. Its operations include consumer and small business banking, commercial banking, and corporate and investment banking, as well as wealth and investment management.