"Wells Fargo ( NYSE:WFC | WFC Price Prediction) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal Reserve asset cap, broad segment momentum, and aggressive buybacks supports an above-consensus stance."
"Wells Fargo has been a tale of two periods. Shares are down 14.64% year to date after starting 2026 at $92.76, with a sharp pullback in March to $75.75 driving most of the damage. Over one year the stock is still up 9.6%, and over five years it has returned 93.76%. Q1 2026 results, released April 14, 2026, showed EPS of $1.60 on revenue of $21.44 billion, with 15% diluted EPS growth and 11% loan growth."
"The bull case rests on the asset cap removal in 2025, which finally lets Wells Fargo expand its balance sheet after years of regulatory constraint. Q1 2026 already showed period-end loans crossing $1 trillion for the first time since 2020. Segment performance is broad: CIB Markets revenue grew 19%, Wealth and Investment Management 14%, and credit card new accounts surged nearly 60% YoY. CEO Charlie Scharf reaffirmed the medium-term ROTCE target of 17% to 18%, saying "We feel as confident as ever in that target.""
"The bear case starts with the 2.47% NIM, which CFO Michael Santomassimo said could compress further. The CET1 ratio fell to 10.3% from 11.1% a year ago, CIB Commercial Real Estate revenue droppe"
Wells Fargo trades at $79.18 as of May 4, 2026, with a 12-month price target of $92.25, implying 16.51% upside and a buy rating with 90% confidence. Shares declined 14.64% year to date after starting 2026 at $92.76, with a sharp March pullback. Q1 2026 results reported EPS of $1.60 on revenue of $21.44 billion, including 15% diluted EPS growth and 11% loan growth. The stock fell 5.7% after earnings due to net interest margin compression to 2.47% from 2.67%. The bullish outlook cites lifted Federal Reserve asset caps, loans exceeding $1 trillion, strong segment growth, and buybacks, while the bearish outlook centers on potential further NIM compression and weaker capital metrics.
Read at 24/7 Wall St.
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