Wells Fargo & Company (WFC) Stock Price & Analysis
Wells Fargo & Company (WFC) closed at USD 83.01 on Thursday, October 22, 2026, up 0.72% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 82.42; the Oct 22, 2026 session ranged USD 81.02–83.38 on volume of 9,996,436 shares. Market capitalization is $249.17B, with a 52-week range of USD 72.78–97.76 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:57 UTC.
Also available as compact Markdown for AI agents: nexqual.com/WFC.md
Key facts (WFC)
- Last four reported quarters (through Jun 30, 2026): revenue $86.8B, net income $22.6B (26.0% margin) (SEC filings).
- Valuation: P/E 11.0x (avg 12.0x at the last 3 fiscal year-ends).
- 15 of 80 tracked superinvestors hold WFC (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 4 added, 7 reduced, 4 unchanged.
- Analysts: Buy (mean 2.11 on a 1–5 scale) (27 analysts), mean target USD 97.27 (range 88–108).
- Total return with dividends: 1Y +0.4% vs S&P 500 +14.9%; 5Y +85.1% vs S&P 500 +80.3%.
- Next earnings: 2027-01-14, EPS estimate USD 1.87, revenue estimate $22.4B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WFC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $79.2B | $74.4B | $82.6B | $82.3B | $83.7B | $86.8B |
| Net income | $22.1B | $13.7B | $19.1B | $19.7B | $21.3B | $22.6B |
| EPS (diluted) | $5.08 | $3.27 | $4.83 | $5.37 | $6.26 | — |
| Net margin | 27.9% | 18.4% | 23.2% | 24.0% | 25.5% | 26.0% |
| Revenue growth | +6.6% | -6.1% | +11.1% | -0.4% | +1.7% | — |
| Cash + short-term investments | $234B | $159B | $236B | $202B | $173B | — |
| Total debt | $195B | $226B | $297B | $176B | $193B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (WFC)
P/E 11.0x · P/S 2.9x · P/B 1.4x · Earnings yield 9.07% · Dividend yield (paid, TTM) 2.24% · Buyback yield (TTM) 7.23%
P/E at fiscal year-ends: Dec 2025 14.2x, Dec 2024 12.3x, Dec 2023 9.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (WFC)
15 of 80 tracked investors hold WFC (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Tweedy Browne | 3.11% | $41.1M | Reduced -3.7% | Q2 2026 | |
| Christopher Davis | Davis Advisors | 2.84% | $662M | Reduced -2.2% | Q2 2026 |
| Harry Burn | Sound Shore | 2.27% | $73.6M | Reduced -1.3% | Q2 2026 |
| Francis Chou | Chou Associates | 2.27% | $4.9M | Unchanged | Q2 2026 |
| Richard Pzena | Pzena Investment Management | 2.14% | $730M | Added +0.6% | Q2 2026 |
| David Katz | Matrix Asset Advisors | 1.43% | $17.4M | Reduced -0.6% | Q3 2026 |
| Dodge & Cox Funds | Dodge & Cox | 1.36% | $2.59B | Added +0.5% | Q2 2026 |
| Bill Nygren | Oakmark Funds | 1.20% | $900M | Reduced -0.8% | Q2 2026 |
| First Pacific Advisors | 0.81% | $64.9M | Reduced -10.1% | Q2 2026 | |
| Mairs & Power | Mairs & Power Funds | 0.66% | $72.1M | Reduced -36.1% | Q2 2026 |
| Thomas Gayner | Markel Group | 0.13% | $16.9M | Unchanged | Q2 2026 |
| Yacktman Asset Management | 0.11% | $8.7M | Added +4.3% | Q2 2026 | |
| First Eagle Investment | First Eagle Investment Management | 0.05% | $29.8M | Unchanged | Q2 2026 |
| Torray Funds | 0.03% | $248K | Unchanged | Q2 2026 | |
| Thomas Russo | Gardner Russo & Quinn | 0.01% | $616K | Added +0.0% | Q2 2026 |
Analysts (WFC)
Consensus Buy (mean 2.11 on a 1–5 scale), 27 analysts; mean target USD 97.27 (low 88, high 108).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | Citigroup | Target lowered | Neutral | $90 → $88 |
| 2026-10-14 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $94 → $90 |
| 2026-10-14 | Morgan Stanley | Target lowered | Overweight | $102 → $101 |
| 2026-10-14 | RBC Capital | Target lowered | Outperform | $100 → $92 |
| 2026-10-05 | UBS | Target lowered | Buy | $104 → $102 |
| 2026-10-05 | Goldman Sachs | Target lowered | Buy | $107 → $96 |
| 2026-10-05 | Morgan Stanley | Upgrade | Equal-Weight → Overweight | $102 |
| 2026-10-02 | JP Morgan | Target lowered | Neutral | $95.5 → $91.5 |
| 2026-10-01 | Evercore ISI Group | Target lowered | Outperform | $95 → $90 |
| 2026-10-01 | Truist Securities | Target raised | Buy | $94 → $95 |
| 2026-07-29 | JP Morgan | Target raised | Neutral | $93.5 → $95.5 |
| 2026-07-15 | Baird | Target raised | Neutral | $85 → $92 |
Total return (dividends reinvested) (WFC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +0.4% | +85.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +0.4% | +13.1% |
| Volatility (annualized) | 25.7% | 30.3% |
| Max drawdown | -23.0% (Jan 2026→May 2026) | -36.3% (Feb 2022→Mar 2023) |
WFC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Investment Advisory Management & Administrative Service | $2.82B | — | +12.9% |
| Credit Card Merchant Discount | $973.0M | — | +0.1% |
| Investment Advice | $939.0M | — | +34.9% |
| Deposit Account | $747.0M | — | +14.4% |
| Commissions & Brokerage Service Fees | $687.0M | — | +12.6% |
| Trailing Commission | $243.0M | — | +9.5% |
| Total revenue | — | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
WFC company outlook (results filed Oct 13, 2026)
- “For additional information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the SEC, including the discussion under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC and available on its website at www.sec.gov 1 .”
Quoted word-for-word from the SEC 8-K results press release.
WFC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $1.87 | $1.87 | +0.1% | $22.39B | 19 |
| Next quarter (ends Mar 2027) | $1.79 | $1.76 | +1.5% | $22.82B | 12 |
| Current fiscal year (ends Dec 2026) | $7.34 | $7.26 | +1.0% | $88.17B | 21 |
| Next fiscal year (ends Dec 2027) | $8.06 | $7.95 | +1.3% | $92.95B | 21 |
WFC options: expected move
Options price a move of about ±10.4% (±$8.63) by Jan 15, 2027, which includes earnings on Jan 14, 2027; the earnings reaction alone is priced at about ±3.3%. Over the last 4 reports the stock moved ±3.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 26.9% | ±3.2% |
| Nov 6, 2026 | 14 | 26.6% | ±4.5% |
| Nov 13, 2026 | 21 | 26.5% | ±5.3% |
| Nov 20, 2026 | 28 | 24.8% | ±5.7% |
| Nov 27, 2026 | 35 | 25.0% | ±6.2% |
| Dec 4, 2026 | 42 | 24.9% | ±6.8% |
| Dec 18, 2026 | 56 | 25.7% | ±8.1% |
| Jan 15, 2027 | 84 | 26.9% | ±10.4% |
30-day implied volatility 25.1% vs 25.8% realized over the last 30 trading days. Put/call ratio (volume) 0.76. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:57 UTC)
| Price | USD 83.01 |
|---|---|
| Change | ▲ 0.72% (up) |
| Previous Close | USD 82.42 |
| Open | USD 81.02 |
| Day Range | USD 81.02 – 83.38 |
| 52-Week Range | USD 72.78 – 97.76 |
| Volume | 9,996,436 shares |
| Market Cap | $249.17B |
| Exchange | NYQ |
Technical Analysis (WFC)
Nexqual's technical model rates WFC "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:57 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 47 (neutral) |
| vs SMA50 | Below (USD 84.76) |
| MACD | -0.58 (negative) |
Analyst Ratings (WFC)
Wall Street analysts rate WFC "Buy" based on 27 analysts, with a mean price target of USD 97.27 (range USD 88–108), per Nexqual as of October 23, 2026 at 09:57 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 27 |
| Mean Target | USD 97.27 |
| High Target | USD 108 |
| Low Target | USD 88 |
| Buy / Hold / Sell | 19 / 8 / 0 |
Earnings (WFC)
| Next Earnings Date | 2027-01-14 |
|---|---|
| EPS Estimate | USD 1.84 |
| Revenue Estimate | $22.39B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 1.87 vs est 1.86 ▲ beat |
| 2026-06-30 | USD 2 vs est 1.72 ▲ beat |
| 2026-03-31 | USD 1.6 vs est 1.58 ▲ beat |
| 2025-12-31 | USD 1.62 vs est 1.67 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financials & Fundamentals (WFC)
| Total Revenue | $83.11B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +0.40% |
| Gross Margin | +0.00% |
| Operating Margin | +34.06% |
| Profit Margin | +27.64% |
| ROE | +12.91% |
| Total Cash | $601.17B |
| Total Debt | $441.56B |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financial Health Score (WFC)
Nexqual rates Wells Fargo & Company's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:57 UTC.
| Growth | Mixed — Revenue +1.7% YoY (annual), slow |
|---|---|
| Profitability | Strong — Net margin 24% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: National Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: National Commercial Banks) |
| Efficiency | Mixed — ROE 13%, ROA 1.1% |
Ownership (WFC)
| Insider Ownership | +0.09% |
|---|---|
| Institutional Ownership | +79.41% |
| Shares Outstanding | 3.00B |
| Float | 2.99B |
| Short % of Float | +0.92% |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Leadership (WFC)
Wells Fargo & Company is led by Charles W. Scharf, CEO & Chairman, per Nexqual as of October 23, 2026 at 09:57 UTC.
| CEO & Chairman | Charles W. Scharf |
|---|---|
| Senior EVP & CFO | Michael P. Santomassimo |
| Senior EVP & COO | Scott E. Powell |
| Director of Investor Relations | John M. Campbell |
Major Backers & Investors (WFC)
Notable institutional backers of Wells Fargo & Company include FMR, LLC, JPMorgan, Capital Group, according to Nexqual as of October 23, 2026 at 09:57 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 5.04% |
| JPMorgan | 3.78% |
| Capital Group | 2.53% |
| Fidelity | 2.06% |
| NORGES BANK | 1.83% |
| Morgan Stanley | 1.76% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.66% |
| BlackRock | 8.29% |
| State Street | 4.5% |
| Geode Capital | 2.44% |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
From Wells Fargo & Company's Latest SEC 10-K Filing (filed 2026-02-24)
Partnerships
- Formal Agreement with the OCC Regarding Anti-Money Laundering and Sanctions Risk Management Practices.
- On September 12, 2024, the Company announced that Wells Fargo Bank, N.A. entered into a formal agreement with the OCC requiring the bank to enhance its anti-money laundering and sanctions risk management practices. "Financial in Nature" Requirement.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MUFG | Mitsubishi UFJ Financial Group, | USD 21.41 | ▼ 1.65% |
| RY | Royal Bank Of Canada | USD 202.06 | ▲ 0.02% |
| C | Citigroup, Inc. | USD 122.51 | ▼ 1.08% |
| TD | Toronto Dominion Bank (The) | USD 125.12 | ▲ 0.34% |
| SAN | Banco Santander, S.A. Sponsored | USD 12.9 | ▼ 2.93% |
| HSBC | HSBC Holdings, plc. | USD 91.89 | ▼ 2.14% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:57 UTC. This page is informational and not investment advice.
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