Based on the provided data and recent market developments, here's the analysis for WFC's price prediction for next week:
Technical Analysis
The technical indicators show:
Recent News Impact
Price Target Analysis Recent analyst price targets:
Price Prediction for Next Week Based on technical and fundamental factors:
The stock is likely to continue its upward momentum but at a slower pace. The positive earnings results and settlement of regulatory issues provide fundamental support, while technical indicators suggest room for further gains despite approaching overbought levels.
Trading Recommendation: BUY with entry around 76.50, stop loss at 75.40, and take profit at 78.00. The risk-reward ratio is favorable at 1:1.5.
Key catalysts to watch:
The price of WFC is predicted to go up 24.88%, based on the high correlation periods with AMRC. The similarity of these two price pattern on the periods is 93.64%.
WFC
AMRC
Year
WFC Price Forecast($)
Potential Return(%)
2025
85.000
19.200
2026
85.000
19.200
2027
95.000
33.220
2028
95.000
33.220
2029
95.000
31.890
2030
110.000
52.710
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
Price Target
$90 → $92
Upside
+21.13%
Morgan Stanley
Price Target
$84 → $88
Upside
+15.87%
Barclays
Price Target
$75 → $90
Upside
+24.95%