Technical Analysis: Based on the recent price action, WFC shows a mixed technical picture. The stock is currently trading at $78.01 in pre-market with a +0.66% gain. The RSI-14 at 48.14 indicates neutral momentum, while the MACD (1.12) shows a slightly bullish signal despite a negative histogram (-0.42).
Price Levels and Fibonacci Analysis:
News Sentiment Impact: Recent news has been mixed for WFC:
Analyst Outlook:
Price Prediction for Next Week: Based on technical indicators and Fibonacci levels:
Trading Recommendation: BUY
The stock shows strong fundamental momentum with improving technical indicators, suggesting potential upside in the coming week. Volume analysis indicates sufficient market participation to support the upward movement.
The price of WFC is predicted to go up -5.71%, based on the high correlation periods with VBTX. The similarity of these two price pattern on the periods is 97.47%.
WFC
VBTX
Year
WFC Price Forecast($)
Potential Return(%)
2025
85.000
19.200
2026
92.000
16.750
2027
95.000
20.560
2028
95.000
20.560
2029
110.000
39.590
2030
120.000
52.280
Wells should have several years left of slower expense growth, while a big regulatory catalyst-the lifting of the asset cap-remains.
Wells Fargo's retail branch structure, advisory network, product offerings, and share in small and medium-size enterprises are difficult to duplicate, ensuring that the company's competitive advantage is maintained.
Not being allowed to grow the balance sheet may not be such a disadvantage in an environment where more and more banks are willingly stopping growth.
Barclays
2025-01-16
Price Target
$90 → $92
Upside
+21.13%
Morgan Stanley
2025-01-16
Price Target
$84 → $88
Upside
+15.87%
Keefe, Bruyette & Woods
2025-01-16
Price Target
$81 → $86
Upside
+13.23%