Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Wells Fargo & Company WFC will release its first-quarter financial results before the opening bell on Friday, April 11.

Analysts expect the San Francisco, California-based company to report quarterly earnings at $1.23 per share, up from $1.20 per share in the year-ago period. Wells Fargo projects quarterly revenue of $20.76 billion, compared to $20.86 billion a year earlier, according to data from Benzinga Pro.

On March 17, Wells Fargo confirmed that the Office of the Comptroller of the Currency terminated its 2021 consent order related to loss mitigation practices.

Wells Fargo shares climbed 6.9% to close at $66.33 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Piper Sandler analyst Scott Siefers upgraded the stock from Neutral to Overweight with a price target of $77 on April 8, 2025. This analyst has an accuracy rate of 68%.
• Morgan Stanley analyst Betsy Graseck maintained an Overweight rating and raised the price target from $79 to $80 on April 7, 2025. This analyst has an accuracy rate of 62%.
• Citigroup analyst Keith Horowitz maintained a Neutral rating and slashed the price target from $82 to $78 on March 24, 2025. This analyst has an accuracy rate of 74%.
• RBC Capital analyst Gerard Cassidy upgraded the stock from Sector Perform to Outperform with a price target of $80 on March 13, 2025. This analyst has an accuracy rate of 69%.
• Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and increased the price target from $81 to $86 on Jan. 16, 2025. This analyst has an accuracy rate of 65%.

Considering buying WFC stock? Here’s what analysts think:

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