Based on the provided data and recent market developments, here's the analysis and price prediction for WFC for the next trading week:
Technical Analysis
News Sentiment & Catalysts
Price Prediction for Next Week Target Range: $77.50 - $80.00
Rationale:
Trading Recommendation BUY with entry at current levels ($77.43)
The stock is showing strong momentum and positive seasonal factors, making it attractive for a short-term long position. However, traders should be mindful of the approaching overbought conditions and maintain strict stop losses.
The price of WFC is predicted to go up -1.05%, based on the high correlation periods with IP. The similarity of these two price pattern on the periods is 97.29%.
WFC
IP
Year
WFC Price Forecast($)
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%