Wells Fargo reaches 52-week high amid rate cut announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11 Dec 25
Source: NASDAQ.COM
Wells Fargo & Co's stock rose by 3.00%, reaching a 52-week high, amidst a mixed market where the S&P 500 gained 0.18% while the Nasdaq-100 fell by 0.42%.
This surge is attributed to Wells Fargo's announcement of a decrease in its prime rate from 7.00% to 6.75%, effective December 11, 2025. This rate adjustment is expected to lower borrowing costs and stimulate financing demand, positively impacting economic activity and potentially enhancing the bank's market position.
The implications of this rate cut are significant, as it may lead to increased lending and investment, benefiting both consumers and businesses. This strategic move positions Wells Fargo favorably in a competitive financial services landscape.
Analyst Views on WFC
Wall Street analysts forecast WFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WFC is 98.66 USD with a low forecast of 74.00 USD and a high forecast of 113.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
10 Buy
6 Hold
1 Sell
Moderate Buy
Current: 88.710
Low
74.00
Averages
98.66
High
113.00
Current: 88.710
Low
74.00
Averages
98.66
High
113.00
About WFC
Wells Fargo & Company is a financial services company. The Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, to individuals, businesses and institutions. The Company operates through four segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Company provides consumer financial products and services, including checking and savings accounts, credit and debit cards, and auto, residential mortgage, and small business lending. In addition, the Company offers financial planning, private banking, investment management, and fiduciary services. It also provides financial solutions to businesses through products and services including traditional commercial loans and lines of credit, letters of credit, asset-based lending and leasing, trade financing, treasury management, and investment banking services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
