NYSE:WFC

Wells Fargo (WFC)

81.62
+2.94 (3.74%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Wells Fargo (WFC) has a long-standing reputation as a cost-effective choice among U.S. banks, yet it grapples with management challenges. Recent shifts following the removal of its asset cap have boosted its share performance, but competition from peers highlights execution issues. Despite a mixed earnings report indicating lower sales and earnings than expected, there are signs of long-term potential under the leadership of the CEO, who is actively buying back shares. Analysts are cautious about the timing of increased lending and growing delinquencies, while there are concerns about potential disruptions from AI. Overall, the bank is making strides toward efficiency and growth, though investors remain skeptical about short-term performance.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
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PAST TOP PICK
(A Top Pick May 31/18, Down 12%) Exit level was $50.50. Needs to move above $48.20 before you buy. There are opportunities other than banks in the market right now.
PAST TOP PICK
(A Top Pick Jul 24/18, Down 11%) Just added some today. It had performed better than other banks in the US until just recently. A great opportunity to pick up the stock. They are working on their issues. Yield is 3.5% and it is trading at 12 times earnings. Their hands are tied behind their back but he thinks that is going to end in the second half of 2019 and they are showing good growth and profitability. You can't go wrong.
BUY
They've had a few years of bad press, including employees doing fraudulent selling practices. That said, WFC has recovered well. A good bank, though he owns other American ones.
DON'T BUY
It is a big bank but has more regulatory issues than the others. He would not own any of the right now. See Utilities for yield. (Analysts’ price target is $62.00)
TOP PICK
The forth biggest bank in the US and the second biggest market cap in the word. Previous management sold inappropriate products to customers so they are in the penalty box with regulators. It has a great franchise, growth prospects look good but sells at a discount. He uses this as an opportunity to buy the stock. He refers the banking environment in the US. They are much more sensitive to rising interest rates, in a positive sense, to Canadian banks. (Analysts’ price target is $62.43)
PAST TOP PICK
(A Top Pick Apr 10/18, Up 4%) They have not quite recovered from earlier this year. It is in the penalty box. He does not have big anticipation for it to go one way or the other.
BUY

Model price of $54.93, about 7% lower than what it is trading at. This one never got cheap enough for him to buy it. There is value elsewhere, see his Top Picks.

PAST TOP PICK

(A Top Pick May 31/18, Up 9%) Breaking nicely above $56 resistance line. Forming longer-term uptrend, as are other big US banks. Looks good, continue to hold.

PAST TOP PICK

(A Top Pick April 10/18 Up 4%) The regulatory issues have been resolved or are discounted by the market already. He is looking for $59 as on objective and is using $51.80 as his stop. A nice upward trend, like the market as a whole. Yield 2.9%

COMMENT

Not one that he covers very closely. The US banks all have come down. He thinks you can buy some of the US banks here. Probably you should be OK buying here.

DON'T BUY

Sold her shares in February when Wells got a consent decree which will restrict their growth going forward. She bought JP Morgan instead. She wouldn't re-buy Wells until there's further regulatory clarity with their other products.

COMMENT

Bank of America (BAC-N) vs Wells Fargo (WFC-N). He is staying away from Wells Fargo due to the cease and desist order. Higher rates helps both of them. He leans slightly towards BAC-N.

TOP PICK

Weathering some trust issues, but will rebuild that trust. Stop level is below $50. $58 is the next resistance level. But earnings come out Friday morning. (Analysts' price target $63.24)

COMMENT

BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover.

DON'T BUY

Bank of America or Wells Fargo? Both are well-diversified and have interest rate sensitivity. BAC has better capital markets exposure, which he likes. Wells Fargo is in the doghouse with leadership, namely with regulatory problems. This hamstrings WF management. This is a big knock against them. Definitely prefers BAC.

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