Shares of Wells Fargo & Company (NYSE:WFC) have received a consensus recommendation of “Moderate Buy” from the twenty-six ratings firms that are covering the stock, Marketbeat reports. Ten research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $98.50.
WFC has been the topic of a number of research analyst reports. HSBC upgraded shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Wednesday, April 1st. Bank of America upped their price target on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Robert W. Baird increased their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research note on Wednesday. Piper Sandler reissued an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday, April 15th. Finally, Phillip Securities upgraded Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, May 7th.
Check Out Our Latest Analysis on Wells Fargo & Company
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Trending Headlines about Wells Fargo & Company
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo posted Q2 EPS of about $2.00, topping estimates, while revenue of $22.62 billion also beat forecasts, reinforcing the earnings momentum. Wells Fargo & Co (WFC) Q2 2026 Earnings Call Highlights: Strong Earnings and Revenue Growth …
- Positive Sentiment: Results were helped by rising interest income, loan growth, fee income, and stronger performance in investment banking and wealth management, all of which support a better earnings outlook. Wells Fargo Profit Beats Estimates on Wealth, Investment Banking
- Positive Sentiment: The company plans to raise its third-quarter common dividend by 11% to $0.50 and continue buybacks, signaling confidence in capital strength and shareholder returns. Wells Fargo intends to hike Q3 common stock dividend by 11% to $0.50
- Positive Sentiment: Analysts turned more constructive, with at least one firm reiterating a Buy rating and another upgrade citing NII growth, loan growth, and buybacks as reasons for re-rating potential. Wells Fargo: Buy Rating Reiterated as Analyst Sees Re-Rating Potential and Keeps $102 Price Target Unchanged
- Neutral Sentiment: Wells Fargo is expanding its Chicago presence with more branches, a long-term growth move that may help deposits and customer acquisition but is unlikely to move the stock immediately. Wells Fargo & Co. strengthening foothold in Chicago with more branches
- Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $94 from $98 while keeping a Market Perform rating, which tempers some of the post-earnings enthusiasm. Benzinga report on Wells Fargo price target cut
- Negative Sentiment: Management acknowledged pressure on net interest margin, indicating that earnings growth may not be linear even with strong loan and fee trends. WFC Q2 Earnings Call Highlights Growth Push Amid NIM Pressure
Wells Fargo & Company Trading Up 2.5%
WFC opened at $87.42 on Thursday. The company’s 50 day moving average is $81.03 and its 200-day moving average is $83.79. Wells Fargo & Company has a 1-year low of $72.78 and a 1-year high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.09. The company has a market cap of $267.52 billion, a P/E ratio of 12.71, a PEG ratio of 0.98 and a beta of 0.92.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. The company had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. Wells Fargo & Company had a net margin of 17.55% and a return on equity of 13.85%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 EPS. Equities research analysts predict that Wells Fargo & Company will post 6.98 earnings per share for the current fiscal year.
Wells Fargo & Company Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 26.16%.
About Wells Fargo & Company
Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.
Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.
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