Wells Fargo & Company (NYSE:WFC) Price Target Raised to $92.00

Posted by on Oct 30th, 2026

Wells Fargo & Company (NYSE:WFC – Get Free Report) had its price objective increased by equities researchers at JPMorgan Chase & Co. from $91.50 to $92.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 10.32% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. TD Cowen initiated coverage on Wells Fargo & Company in a research note on Thursday, October 8th. They issued a “buy” rating and a $95.00 price objective for the company. UBS Group lowered their target price on Wells Fargo & Company from $104.00 to $102.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Royal Bank Of Canada dropped their price target on shares of Wells Fargo & Company from $100.00 to $92.00 and set an “outperform” rating for the company in a research report on Wednesday, October 14th. Bank of America lifted their price objective on Wells Fargo & Company from $95.00 to $102.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Keefe, Bruyette & Woods decreased their price objective on Wells Fargo & Company from $94.00 to $90.00 and set a “market perform” rating for the company in a report on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $98.11.

Get Our Latest Report on Wells Fargo & Company

Wells Fargo & Company Trading Down 1.7%

WFC traded down $1.42 during trading on Friday, reaching $83.39. The company had a trading volume of 12,203,187 shares, compared to its average volume of 15,980,987. Wells Fargo & Company has a 52 week low of $72.78 and a 52 week high of $97.76. The company has a quick ratio of 0.90, a current ratio of 0.89 and a debt-to-equity ratio of 1.14. The stock has a market cap of $252.17 billion, a P/E ratio of 11.76, a PEG ratio of 0.90 and a beta of 0.96. The business has a 50 day simple moving average of $84.33 and a 200-day simple moving average of $83.70.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.02. The firm had revenue of $21.87 billion for the quarter, compared to analysts’ expectations of $22.30 billion. Wells Fargo & Company had a net margin of 17.64% and a return on equity of 14.05%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 earnings per share. On average, equities analysts anticipate that Wells Fargo & Company will post 7.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Wells Fargo & Company

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

Wells Fargo & Company Company Profile

(Get Free Report)

Wells Fargo & Company is a diversified financial services company that provides banking, lending, investment, and financial management services to individuals, businesses, and institutions. Its offerings include deposit accounts, residential and commercial lending, credit cards, payments, treasury management, and other banking products.

The company also provides wealth and investment management services, including financial planning, brokerage, advisory, and private banking solutions.

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