Stock Price & Analysis

Based on the provided data and current market context, here's a concise analysis of BAC stock:

Technical Analysis

Current Market Position Bank of America (BAC) is currently trading at $46.04, showing a 4.35% increase in recent trading. The stock has demonstrated strong momentum, with a notable rally of 88% since October 2023.

Fundamental Strengths

• Received 100% rating from Validea's Multi-Factor Investor model
• Strong position in Money Center Banks industry
• Diversified revenue streams across consumer banking, wealth management, and investment banking

Market Sentiment

Recent analyst consensus shows strong bullish sentiment:

• 16 Strong Buy ratings
• 4 Moderate Buy ratings
• 3 Hold ratings
• Mean price target: $52.43

Growth Catalysts

• Transaction data shows increased spending by wealthy customers
• Strong fundamentals in consumer banking segment
• Expanding compliance team to address regulatory requirements

Risk Factors

• Increased regulatory scrutiny in financial sector
• Shifting relationships with some banking partners
• Market sensitivity to interest rate changes

Recommendation Based on the strong analyst consensus, current valuation metrics, and positive momentum, BAC presents a buying opportunity at current levels. The stock is trading below its mean price target of $52.43, suggesting potential upside.

Based on the provided data and market analysis, here is the price prediction for Bank of America (BAC) stock in 2025:

Bank of America stock is expected to reach $52-54 by end of 2025, representing a ~15% upside from current levels around $46, driven by strong net interest income growth projections and continued operating leverage improvements. The bank's healthy asset quality metrics and robust capital position (11.9% CET1 ratio) provide additional support for this target.

The S1 support level for BAC Stock is $41.66 ,The R1 resistant level for BAC Stock is $46.24.

As of the end of day on 2025-03-06, the price of BAC Stock was $41.48.

The target price for BAC Stock according to analyst rating is 53.03, with the highest price target at 59.00 and the lowest at 49.00. Analysts have a Strong Buy rating on BAC Stock overall.

The market cap of BAC is $315.5B.

Based on the provided web search results, I'll analyze if BAC is overvalued through multiple perspectives:

Valuation Analysis BAC currently trades at a price-to-book (P/B) ratio of 1.3x, which is higher than its historical averages over the past 1, 3, 5, and 10-year periods. This suggests the stock is trading at a premium to its historical valuation levels.

Recent Performance & Market Position The stock has surged 88% since late October 2023 but still trades about 14% below its all-time peak. BAC remains the second-largest U.S. bank by assets with a market capitalization of $358.7 billion.

Business Fundamentals

• Consumer banking represents 42% of revenue in 2024, demonstrating strong diversification across segments
• Net interest income decreased year-over-year in 2024 after significant growth during 2021-2023
• Average net profit margin of 26.2% over the past decade shows consistent profitability

Growth Outlook Analysts expect EPS to grow 11.9% year-over-year to $3.67 in fiscal 2025. However, potential interest rate cuts and a mature banking sector may limit significant profit growth opportunities.

Wall Street Sentiment Among 23 analysts covering BAC:

• 16 Strong Buy ratings
• 4 Moderate Buy ratings
• 3 Hold ratings The mean price target is $52.43, with a street-high target of $59.

Based on the elevated P/B ratio compared to historical levels, recent substantial price appreciation, and limited growth catalysts in a mature banking sector, BAC appears moderately overvalued at current levels.

Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.

Based on the provided data and market analysis, here is the price prediction for Bank of America (BAC) stock in 2030:

Bank of America stock is projected to reach $85-90 by 2030, driven by its strong market position in consumer banking and wealth management, with transaction data showing accelerated spending growth from wealthy clients. The bank's current fundamentals and 100% rating from Validea's Multi-Factor model suggest sustained growth potential. Additionally, BAC's expanding compliance team and adaptation to evolving financial regulations positions it well for long-term stability and growth in the changing banking landscape.

BAC has a total of 213000 employees.