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Wells Fargo ( (WFC) ) has issued an announcement.
On May 14, 2025, Wells Fargo announced the redemption of all 80,000 outstanding shares of its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U, and the related depositary shares, effective June 16, 2025. This move will result in no remaining shares of the Series U Preferred Stock or Depositary Shares, impacting the company’s financial structure and potentially affecting stakeholders involved with these securities.
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 stock is supported by solid financial performance, strong earnings growth, and an attractive valuation. While technical analysis shows mixed signals, and there are challenges in cash flow efficiency and economic uncertainties, the company’s strategic progress and robust balance sheet position it well in the diversified banking industry.
To see Spark’s full report on WFC stock, click here.
More about Wells Fargo
Wells Fargo & Company is a leading financial services firm with approximately $1.9 trillion in assets, offering a diversified range of banking, investment, mortgage products, and services. It operates through four main segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The company was ranked No. 34 on Fortune’s 2024 list of America’s largest corporations.
Average Trading Volume: 19,188,111
Technical Sentiment Signal: Buy
Current Market Cap: $243.7B
See more insights into WFC stock on TipRanks’ Stock Analysis page.