Wells Fargo Amends Certificate for Preferred Stock

Wells Fargo ( (WFC) ) has issued an announcement.

On June 17, 2025, Wells Fargo & Company filed a Certificate Eliminating the Certificate of Designations for its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U, with the Delaware Secretary of State. This action effectively removed all matters related to the Series U Preferred from the company’s Restated Certificate of Incorporation, reflecting a strategic decision that could impact the company’s capital structure and shareholder relations.

The most recent analyst rating on (WFC) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on Wells Fargo stock, see the WFC Stock Forecast page.

Spark’s Take on WFC Stock

According to Spark, TipRanks’ AI Analyst, WFC is a Outperform.

Wells Fargo’s overall stock score is bolstered by strong financial performance and positive technical indicators. While valuation metrics are reasonable, economic uncertainties and regulatory changes pose challenges. The company’s strategic initiatives and robust credit performance contribute positively to its outlook.

To see Spark’s full report on WFC stock, click here.

More about Wells Fargo

Wells Fargo & Company is a leading financial services company that provides a wide range of banking, investment, mortgage, and consumer and commercial finance services. It operates in the financial industry with a focus on serving individual and corporate clients globally.

Average Trading Volume: 17,803,433

Technical Sentiment Signal: Buy

Current Market Cap: $238B

See more insights into WFC stock on TipRanks’ Stock Analysis page.