Wells Fargo (NYSE:WFC) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

Future criteria checks 1/6

Wells Fargo is forecast to grow earnings and revenue by 3.6% and 3.2% per annum respectively. EPS is expected to grow by 6.6% per annum. Return on equity is forecast to be 11.8% in 3 years.

Key information

3.6%

Earnings growth rate

6.6%

EPS growth rate

Banks earnings growth7.0%
Revenue growth rate3.2%
Future return on equity11.8%
Analyst coverage

Good

Last updated15 Apr 2024

Recent future growth updates

No updates

Recent updates

Wells Fargo: Strong Q1 Earnings Will Lead To Further Outperformance

Apr 13

Wells Fargo Stock: It Was A Nice Rally, But Some Risks Remain (Rating Downgrade)

Apr 05

Wells Fargo's 6.2% Preferreds: An Oasis In The Desert

Mar 29

Comparing Wells Fargo Series CC And DD Preferred Stocks

Mar 16

Wells Fargo: A 6.2% Preferred Dividend Yield While Waiting For Decreasing Rates

Feb 03

Wells Fargo: Not Much To Be Excited About

Jan 26

Wells Fargo: Looking Even Uglier Under The Hood

Jan 19

Wells Fargo Q4 Earnings Reinforce The Bullish Outlook

Jan 12

Wells Fargo's Fiscal Q4 Earnings Will Offer An Insight Into 2024

Jan 02

If EPS Growth Is Important To You, Wells Fargo (NYSE:WFC) Presents An Opportunity

Nov 24

Wells Fargo (NYSE:WFC) Stock Forecast & Analyst Predictions - Simply Wall St (1)

Wells Fargo: I Started To Buy The 6.8% Yielding Preferred Shares

Nov 18

Wells Fargo Q3: Risks Are Growing (Rating Downgrade)

Oct 23

Bullish On Wells Fargo Stock Ahead Of Q3 Earnings

Oct 11

Wells Fargo: A Solid Sell Setup In Place

Oct 03

Wells Fargo Has The Makings Of A Cheap, Safe Dividend Monster

Sep 26

Earnings and Revenue Growth Forecasts

NYSE:WFC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202685,37119,512N/AN/A6
12/31/202582,28318,067N/AN/A13
12/31/202481,49617,489N/AN/A10
3/31/202477,60117,582N/AN/AN/A
12/31/202377,19817,98240,35840,358N/A
9/30/202376,49217,20429,40129,401N/A
6/30/202375,61415,06725,91225,912N/A
3/31/202373,25813,27134,25534,255N/A
12/31/202272,83412,56227,04827,048N/A
9/30/202274,98315,15524,62024,620N/A
6/30/202276,43416,6297,7947,794N/A
3/31/202281,54119,509-7,856-7,856N/A
12/31/202183,32120,818-11,525-11,525N/A
9/30/202180,11917,527-39,107-39,107N/A
6/30/202178,44015,641-42,873-42,873N/A
3/31/202165,6555,738-18,692-18,692N/A
12/31/202060,1721,7862,0512,051N/A
9/30/202060,8021,59137,23937,239N/A
6/30/202063,5632,72732,84032,840N/A
3/31/202075,86212,73516,05216,052N/A
12/31/201984,22718,1056,7306,730N/A
9/30/201983,65121,1039,3419,341N/A
6/30/201983,69722,51928,97428,974N/A
3/31/201983,71721,46328,79428,794N/A
12/31/201884,69620,68936,07336,073N/A
9/30/201885,73220,71821,31421,314N/A
6/30/201885,50319,39624,18824,188N/A
3/31/201886,08220,05420,71120,711N/A
12/31/201785,98920,554N/A18,619N/A
9/30/201785,28319,686N/A23,108N/A
6/30/201785,67420,798N/A11,179N/A
3/31/201785,08220,521N/A8,170N/A
12/31/201684,54120,373N/A1,008N/A
9/30/201684,55020,704N/A-8,847N/A
6/30/201684,19920,904N/A12,487N/A
3/31/201684,12921,094N/A18,171N/A
12/31/201583,69021,470N/A15,904N/A
9/30/201583,84621,649N/A22,666N/A
6/30/201583,51921,614N/A18,791N/A
3/31/201583,35021,675N/A17,203N/A
12/31/201482,98021,821N/A17,529N/A
9/30/201482,29621,808N/A29,087N/A
6/30/201481,85421,717N/A35,128N/A
3/31/201481,73121,565N/A51,345N/A
12/31/201381,45620,889N/A57,641N/A
9/30/201381,25620,377N/A51,569N/A
6/30/201380,47519,777N/A45,274N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WFC's forecast earnings growth (3.6% per year) is above the savings rate (2.3%).

Earnings vs Market: WFC's earnings (3.6% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: WFC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WFC's revenue (3.2% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: WFC's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WFC's Return on Equity is forecast to be low in 3 years time (11.8%).

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Wells Fargo (NYSE:WFC) Stock Forecast & Analyst Predictions  - Simply Wall St (2024)
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