Wells Fargo & Company (NYSE:WFC) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of Wells Fargo & Company (NYSE:WFC) in a research report issued on Thursday. The firm set a “buy” rating and a $100.00 price target on the financial services provider’s stock. Jefferies Financial Group’s price objective indicates a potential upside of 24.63% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Truist Financial cut their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Keefe, Bruyette & Woods increased their target price on shares of Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a research report on Wednesday, December 17th. The Goldman Sachs Group cut their price target on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a report on Monday. Wolfe Research reiterated an “outperform” rating and set a $109.00 price objective on shares of Wells Fargo & Company in a report on Wednesday, January 7th. Finally, Robert W. Baird upgraded Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 target price on the stock in a research note on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.98.

Wells Fargo & Company Price Performance

Shares of WFC stock opened at $80.24 on Thursday. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The stock’s 50-day moving average is $84.99 and its 200 day moving average is $86.28. The company has a market cap of $247.58 billion, a P/E ratio of 12.80, a PEG ratio of 0.87 and a beta of 1.08. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.90.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.10. The company had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 earnings per share. Research analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Bridget E. Engle sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $87.10, for a total value of $2,613,000.00. Following the completion of the transaction, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. This trade represents a 26.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the sale, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. The trade was a 23.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,000 shares of company stock worth $10,050,000 in the last 90 days. Insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Wells Fargo & Company

Several hedge funds and other institutional investors have recently bought and sold shares of WFC. Godfrey Financial Associates Inc. purchased a new stake in shares of Wells Fargo & Company in the 4th quarter valued at $25,000. Miller Capital Partners Inc. purchased a new position in shares of Wells Fargo & Company during the fourth quarter worth $25,000. Navalign LLC acquired a new position in Wells Fargo & Company during the fourth quarter valued at $26,000. Joseph Group Capital Management purchased a new stake in Wells Fargo & Company in the fourth quarter valued at $28,000. Finally, Core Wealth Advisors LLC purchased a new stake in Wells Fargo & Company in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Analysts expect double‑digit profit growth for Wells Fargo in Q1, which supports upside if results meet or beat estimates. Strong prior quarterly earnings (Jan) and moderating headwinds leave room for upside surprises. Wells Fargo’s Q1 2026 Earnings: What to Expect
• Positive Sentiment: Wells Fargo provided a $2.25M philanthropic grant to the ICA Fund to support Bay Area small businesses — a reputational / community-engagement positive that can support brand and deposit/business relationships over time. ICA Fund Announces $2.25 Million in New Funding From Wells Fargo
• Positive Sentiment: Options-market activity note: a Wells Fargo trade idea highlighting selling an April $75 put on WFC (premium income strategy) signals investor interest in generating yield or acquiring WFC stock at a discount — can support bid-side demand around current levels. Wells Fargo Trade Idea: 7% Discount or 30% Annual Income?
• Neutral Sentiment: Wells Fargo economists commented on a weak two‑year Treasury auction as reflecting cautious investor positioning — a macro view that influences bank trading and funding conditions but is not a direct company-specific catalyst. Weak two-year note auction reflects a ‘bunker mentality’
• Neutral Sentiment: Wells Fargo analysts remain active issuing research on other companies (Phreesia, SoFi, Cheniere, Zscaler), demonstrating the bank’s continuing equity‑research footprint; indirect relevance to WFC is limited but underscores continued franchise activity. Phreesia: Buy Rating Maintained SoFi labelled a “Digital Leader”
• Negative Sentiment: CEO Charlie Scharf warned of credit losses ahead as private credit firms limit withdrawals — this management commentary raises loan‑loss concerns and could pressure the stock if provisions rise. Wells Fargo CEO warns of credit losses ahead
• Negative Sentiment: Outside analysts have trimmed Wells Fargo price targets and expectations (Goldman Sachs noted lower expectations; Truist trimmed its PT) — analyst downgrades/target cuts can weigh on sentiment if they continue. Goldman Sachs Lowers Expectations Analyst revisions and investor guidance

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.