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  4. Forecast

Stock Price Prediction

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BAC
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0.000(0.000%)
    OverviewForecastTechnicalOptionsEarningsFinancialsValuationInsiders

BAC Price Prediction Next Week

Based on the provided data and technical analysis, here's the price prediction for BAC for the next trading week:

Technical Analysis

  • Current price: $46.57
  • Key resistance level: $47.92 (Fibonacci R2)
  • Key support level: $44.56 (Fibonacci S1)
  • RSI(14) at 59.07 indicates neutral momentum with slight bullish bias
  • MACD at 0.37 shows positive momentum

News Sentiment Analysis

  • Positive factors:
  1. BAC plans to award stock to 97% of global workforce following strong 2024 performance, with profits reaching $27.1 billion
  2. The bank received top rating from Validea's Multi-Factor model with 100% score based on fundamentals
  • Negative factors:
  1. Recent $60 million SEC settlement regarding low interest rates on cash accounts
  2. Withdrawal from climate coalition ahead of new administration

Price Prediction for Next Week Target price range: $46.80 - $48.20

Rationale:

  • Strong technical setup with price above key moving averages
  • Positive fundamental backdrop with record 2024 profits
  • Momentum indicators suggest continued upward movement
  • Recent institutional stock awards program indicates management confidence

Trading recommendation: BUY with entry at current levels ($46.57)

  • Set stop loss at $45.80 (below Fibonacci pivot)
  • First target: $47.13 (Fibonacci R1)
  • Second target: $47.92 (Fibonacci R2)

Based on the provided data and technical analysis, here's the price prediction for BAC for the next trading week:

Technical Analysis

  • Current price: $46.57
  • Key resistance level: $47.92 (Fibonacci R2)
  • Key support level: $44.56 (Fibonacci S1)
  • RSI(14) at 59.07 indicates neutral momentum with slight bullish bias
  • MACD at 0.37 shows positive momentum

News Sentiment Analysis

  • Positive factors:
  1. BAC plans to award stock to 97% of global workforce following strong 2024 performance, with profits reaching $27.1 billion
  2. The bank received top rating from Validea's Multi-Factor model with 100% score based on fundamentals
  • Negative factors:
  1. Recent $60 million SEC settlement regarding low interest rates on cash accounts
  2. Withdrawal from climate coalition ahead of new administration

Price Prediction for Next Week Target price range: $46.80 - $48.20

Rationale:

  • Strong technical setup with price above key moving averages
  • Positive fundamental backdrop with record 2024 profits
  • Momentum indicators suggest continued upward movement
  • Recent institutional stock awards program indicates management confidence

Trading recommendation: BUY with entry at current levels ($46.57)

  • Set stop loss at $45.80 (below Fibonacci pivot)
  • First target: $47.13 (Fibonacci R1)
  • Second target: $47.92 (Fibonacci R2)

BAC Similar Chart Price Prediction

The price of BAC is predicted to go up -4.51%, based on the high correlation periods with CBZ. The similarity of these two price pattern on the periods is 95.28%.

stocks logo

BAC

stocks logo

CBZ

Down: -4.51%Similarity: 95.28%

BAC Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030

Year

BAC Price Forecast($)

Potential Return(%)

2025

44.870

0.130

2026

50.000

11.580

2027

65.000

45.060

2028

65.000

45.060

2029

65.000

43.170

2030

65.000

43.170

What is BAC stock price prediction 2025 ?

BAC stock is currently trading at $44.87. Based on technical indicators like RSI and Fibonacci levels, the stock shows moderate momentum with a potential resistance at $46. Fundamental factors, including a favorable interest rate environment and strong consumer banking performance, suggest a price target of $50 by the end of 2025.

What is BAC stock price prediction 2026 ?

Bank of America (BAC) stock is projected to reach $50-$55 by 2026, driven by steady economic growth, higher net interest income, and improved efficiency ratios. The bank's strong consumer banking franchise and digitalization efforts are expected to enhance profitability. However, potential macroeconomic risks and regulatory changes could impact this forecast.

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What is BAC stock price prediction 2027 ?

The price prediction for BAC stock in 2027 is estimated to be around $65. This projection is based on steady economic growth, favorable interest rate environments, and Bank of America's strong fundamentals, including consistent revenue growth and efficient cost management. Additionally, its focus on digital transformation and wealth management expansion supports long-term valuation growth.

What is BAC stock price prediction 2028 ?

The price prediction for BAC stock in 2028 is approximately $65. This projection is based on expected steady economic growth, favorable interest rate environments, and Bank of America's strong fundamentals, including its robust consumer banking and wealth management segments. Additionally, its ongoing digital transformation and efficiency improvements are likely to drive long-term profitability.

What is BAC stock price prediction 2029 ?

BAC's stock price in 2029 is projected to reach approximately $65, driven by steady economic growth, higher interest rates, and Bank of America's robust consumer banking and wealth management performance. The bank's strategic investments in digital tools and AI, coupled with favorable regulatory changes, are expected to enhance efficiency and profitability. However, macroeconomic risks and competition from fintech could moderate growth.

What is BAC stock price prediction 2030 ?

BAC's price prediction for 2030 is approximately $65-$75 per share. This estimate is based on expected steady growth in net interest income, digital banking expansion, and favorable economic conditions, assuming no major economic downturns. However, regulatory changes and macroeconomic risks could impact this projection.

BAC Revenue Forecast

BAC EPS Forecast

BAC FAQs

What is bull’s view on BAC?

Bank of America (BAC) is currently trading at a price-to-book ratio of 1.25, which is below its historical peak of 1.6, indicating potential undervaluation. Analysts have set a price target range of $44 to $57, with a consensus target of $54, reflecting a 20% upside from the current price. The bullish outlook is supported by strong consumer banking growth, improving net interest income, and favorable regulatory conditions expected in 2025.

What is bear's view on BAC?

BAC stock is currently trading at a price-to-book ratio of 1.25, which is higher than Citigroup's 0.69, indicating it may be overvalued compared to peers. Analysts are cautious due to potential headwinds from regulatory changes and economic uncertainty, which could pressure profitability. A bearish view suggests a downside target of $25, reflecting concerns over valuation and macroeconomic risks.

What is BAC revenue forecast for next quarter？

The market consensus for BAC's revenue in the upcoming quarter is projected to be approximately $26.442B USD.

What is BAC eps forecast for next quarter？

The market consensus for BAC's eps in the upcoming quarter is projected to be approximately $0.848 USD.

BAC VS S&P500

Bank of America is poised to succeed on a nationwide scale, and there seems to be no structural reason it can't be one of the strongest bank franchises going forward.

As a GSIB, Bank of America should not have to worry about deposit flight, and its valuation has become less demanding recently, potentially increasing future upside.

Bank of America is seeing exceptional digital adoption, and there still seems to be something left in the tank for expense savings, potentially helping the bank better absorb inflationary expense pressure.

Ask Intellectia about BAC

BAC Analyst's Forecast

Scott Siefers

Piper Sandler

Hold

Price Target

$50 → $49

Upside

+5.16%

Piper Sandler analyst R. Scott Siefers lowered the firm's price target on Bank of America to $49 from $50 and keeps a Neutral rating on the shares following the Q4 report. The bank's core results were better than anticipated thanks to better net interest income and credit costs than modeled, the analyst tells investors in a research note.
Betsy Graseck

Morgan Stanley

Hold

Price Target

$54 → $56

Upside

+20.18%

Chris Kotowski

Oppenheimer

Buy

Price Target

$54 → $55

Upside

+18.04%

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