WallStSmart
WFC

Wells Fargo & Company

NYSE: WFC · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$82.23
+0.88% today

Updated 2026-04-29

Market cap
$243.37B
P/E ratio
12.28
P/S ratio
3.00x
EPS (TTM)
$6.47
Dividend yield
2.17%
52W range
$67 – $97
Volume
17.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Wells Fargo & Company (WFC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$82.23
Consensus
$97.62
+18.72%
2030 Target
$403.00
+390.09%
DCF
—
—
18 analysts:
11 Buy7 Hold0 Sell

Management guidance

No specific multi-year revenue targets disclosed by CEO Charles Scharf in available guidance. Management is focused on regulatory remediation, cost efficiency, and returning to pre-scandal operational strength. Near-term guidance emphasizes mortgage market headwinds and restructuring benefits.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$668.98
$102.9B Rev × 20x P/S
Base case (2030)
$403.00
$102.9B Rev × 12x P/S
Bear case (2030)
$265.98
$102.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$77.2B$125.4B$123.5B$89.2B$93.3B$96.6B$99.7B$102.9B
Revenue growth—62.4%-1.5%11.4%4.5%3.6%3.2%3.2%
EPS$5.25$5.48$6.17$7.06$8.02$8.75$9.42$10.15
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$346.58$362.70$378.82$386.88$403.00

Catalysts & risks

Growth catalysts
+ Federal Reserve termination of 2018 consent order (March 2026) — removes regulatory constraint on growth initiatives
+ Digital banking adoption expansion — Wells Fargo 2026 Money Study shows record digital milestones and customer engagement
+ Private credit exposure upside — positioning as 'safer bet' among Big Six banks in evolving credit markets
+ Cost efficiency initiatives — ongoing restructuring (1,537 job cuts since April 2022) to improve operating leverage
+ Mortgage market stabilization — if rates decline, significant revenue acceleration in wealth management and home lending
Key risks
- Mortgage demand decline — ongoing headwinds from higher rates and competitive pressure reducing fee-based revenue
- Economic recession risk — Wells Fargo CEO flagged economic disconnect; downside scenario could compress net interest margins and loan growth
- Private credit contagion — despite 'safer bet' positioning, elevated exposures could trigger losses if valuations reset sharply
- Regulatory uncertainty — while consent order lifted, any new compliance failures could trigger fresh restrictions
- Margin compression — sustained low rates would compress net interest income; competitive deposit pressures ongoing

Methodology

Wells Fargo & Company's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 18 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.