Wells Fargo & Company Forecasts Strong Price Appreciation for WBI (NYSE:WBI) Stock

Posted by Trevor Kearing on Aug 14th, 2026

WBI (NYSE:WBI – Get Free Report) had its price objective increased by investment analysts at Wells Fargo & Company from $26.00 to $28.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential downside of 11.40% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Morgan Stanley raised their target price on shares of WBI from $38.00 to $43.00 and gave the company an “overweight” rating in a research report on Wednesday. The Goldman Sachs Group upped their price target on shares of WBI from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded WBI from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings raised WBI from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Finally, Barclays boosted their price objective on WBI from $29.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, WBI presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.60.

Read Our Latest Stock Report on WBI

WBI Price Performance

WBI stock traded up $0.35 during trading hours on Friday, reaching $31.60. 70,508 shares of the stock were exchanged, compared to its average volume of 951,983. The company has a market cap of $3.90 billion and a P/E ratio of 395.69. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. WBI has a twelve month low of $18.64 and a twelve month high of $36.89. The stock has a 50 day moving average of $32.55 and a two-hundred day moving average of $28.63.

WBI (NYSE:WBI – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.10 EPS for the quarter. WBI had a net margin of 0.54% and a return on equity of 0.84%. The firm had revenue of $217.77 million for the quarter. Equities analysts expect that WBI will post 0.46 EPS for the current fiscal year.

Insider Buying and Selling

In other WBI news, Director David N. Capobianco sold 5,894,826 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $30.05, for a total value of $177,139,521.30. Following the sale, the director owned 1,980,921 shares in the company, valued at approximately $59,526,676.05. The trade was a 74.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Wbr Holdings Llc sold 5,894,826 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $30.05, for a total value of $177,139,521.30. Following the completion of the sale, the insider owned 1,980,921 shares in the company, valued at $59,526,676.05. This trade represents a 74.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,439,652 shares of company stock valued at $584,161,543 in the last quarter. 50.61% of the stock is currently owned by company insiders.