Argus Raises Wells Fargo & Company (NYSE:WFC) Price Target to $101.00

Wells Fargo & Company (NYSE:WFC) had its price objective raised by stock analysts at Argus from $94.00 to $101.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. Argus’ target price would indicate a potential upside of 13.10% from the company’s previous close.

Several other research firms have also recently weighed in on WFC. Citigroup upped their target price on Wells Fargo & Company from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Morgan Stanley increased their target price on shares of 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. Robert W. Baird restated an “underperform” rating and issued a $90.00 price target on shares of Wells Fargo & Company in a research report on Tuesday, January 6th. HSBC reiterated a “hold” rating and set a $74.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Finally, Cfra Research upgraded Wells Fargo & Company to a “moderate buy” rating in a report on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $94.18.

Wells Fargo & Company Stock Performance

Shares of NYSE WFC opened at $89.30 on Thursday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a 50 day moving average price of $90.07 and a 200 day moving average price of $84.72. The stock has a market capitalization of $280.33 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 0.86 and a beta of 1.09. Wells Fargo & Company has a 52 week low of $58.42 and a 52 week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.66 by $0.10. The company had revenue of $21.29 billion during the quarter, compared to the consensus estimate of $21.63 billion. Wells Fargo & Company had a return on equity of 12.51% and a net margin of 17.18%.During the same quarter in the prior year, the firm posted $1.43 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. Analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Wells Fargo & Company

Hedge funds have recently modified their holdings of the company. Norges Bank purchased a new position in shares of Wells Fargo & Company in the second quarter worth about $3,990,551,000. Massachusetts Financial Services Co. MA increased its stake in Wells Fargo & Company by 54.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,635,681 shares of the financial services provider’s stock valued at $1,332,851,000 after acquiring an additional 5,894,747 shares during the last quarter. Capital Research Global Investors lifted its stake in Wells Fargo & Company by 18.6% during the third quarter. Capital Research Global Investors now owns 35,660,903 shares of the financial services provider’s stock worth $2,989,104,000 after purchasing an additional 5,584,930 shares during the last quarter. Danske Bank A S bought a new position in shares of Wells Fargo & Company during the 3rd quarter valued at about $215,638,000. Finally, M&G PLC raised its holdings in shares of Wells Fargo & Company by 320.3% during the 3rd quarter. M&G PLC now owns 2,946,277 shares of the financial services provider’s stock valued at $247,487,000 after buying an additional 2,245,307 shares in the last quarter. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company News Summary

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’

About Wells Fargo & Company

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.