Wells Fargo & Company (NYSE:WFC) Given New $100.00 Price Target at Truist Financial

Wells Fargo & Company (NYSE:WFC) had its target price cut by investment analysts at Truist Financial from $104.00 to $100.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Truist Financial’s price objective would suggest a potential upside of 11.98% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Citigroup raised their target price on Wells Fargo & Company from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Dbs Bank upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a report on Tuesday, October 21st. Morgan Stanley boosted their target price on Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Keefe, Bruyette & Woods upped their price target on shares of Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. Finally, Wall Street Zen upgraded shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a report on Saturday, October 4th. Thirteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Wells Fargo & Company currently has an average rating of “Hold” and an average price target of $94.18.

Wells Fargo & Company Stock Performance

Wells Fargo & Company stock opened at $89.30 on Thursday. The stock’s 50 day moving average is $90.07 and its 200 day moving average is $84.72. The company has a market capitalization of $280.33 billion, a P/E ratio of 14.69, a PEG ratio of 0.86 and a beta of 1.09. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.07.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The company had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. Wells Fargo & Company had a net margin of 17.18% and a return on equity of 12.51%. Wells Fargo & Company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.43 EPS. On average, equities research analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Institutional Trading of Wells Fargo & Company

Institutional investors and hedge funds have recently modified their holdings of the stock. Access Investment Management LLC acquired a new stake in shares of Wells Fargo & Company during the 2nd quarter worth about $25,000. McElhenny Sheffield Capital Management LLC purchased a new position in shares of Wells Fargo & Company during the 2nd quarter worth approximately $27,000. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter worth about $27,000. Marquette Asset Management LLC boosted its holdings in Wells Fargo & Company by 472.4% in the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 274 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Wells Fargo & Company in the third quarter worth approximately $30,000. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Key Wells Fargo & Company News

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Q4 EPS beat and profit rise — Wells Fargo reported higher fourth‑quarter net income and beat EPS estimates driven by stronger net interest income, supporting core earnings momentum. Wells Fargo Reports Fourth Quarter 2025 Financial Results
• Positive Sentiment: Post‑asset‑cap growth — Early post‑asset‑cap results show the bank grew assets ~11% after the Fed lifted the 2018 cap, indicating room to expand revenue-generating activity. Wells Fargo Grew Assets by 11% After Fed Lifted Asset Cap
• Neutral Sentiment: Analyst stance mixed — Brokerages’ consensus is roughly a “Hold” on WFC and some shops initiated/maintained market‑perform ratings, leaving near‑term analyst guidance broadly unchanged. Wells Fargo & Company (NYSE:WFC) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Revenue miss and severance drag — Total revenue of $21.29B fell short of estimates and the quarter included roughly $612M in severance tied to restructuring, which hit operating results and prompted the stock drop. Wells Fargo misses profit estimates on severance costs, shares fall
• Negative Sentiment: Sector and policy overhang — Weakness across big banks after earnings and headlines about a possible 10% cap on credit‑card rates created sentiment pressure that amplified WFC’s decline despite underlying earnings strength. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Profitability metrics and cost outlook — The efficiency ratio remains elevated (~64) and some commentary pointed to a softer near‑term outlook and the need for operating leverage to improve, which keeps upside limited absent margin improvement. Wells Fargo Post Softer Q4, Outlook Softer Suggests ‘Meaningful Operating Leverage’

Wells Fargo & Company Company Profile

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.