Wells Fargo & Co (NYSE:WFC) is one of the top bank stocks to buy now according to analysts.
Wells Fargo shares have gained roughly 8% in the past month and are expected to keep rising
Wall Street has a consensus Buy rating on Wells Fargo stock, and some 82 hedge funds are backing this stock. Ken Wolter / On July 6, JPMorgan raised its price target on Wells Fargo & Co (NYSE:WFC) shares to $93.50 from $86.50 while keeping a Neutral rating on the stock. The firm adjusted the Wells Fargo estimates as part of its large-cap banks Q2 2026 earnings preview.
Wells Fargo is due to report its Q2 results on July 14. For the quarter, analysts are projecting 4.9% YoY revenue growth for the bank to $21.8 billion. The quarter is expected to benefit from continued growth in consumer and business spending, which is fueling loan volumes and deposits.