Wells Fargo (WFC) is set to release its first quarter 2025 financials on April 11. WFC stock has declined over 5% year-to-date, primarily due to regulatory concerns, a decline in net interest income, and recent analyst downgrades that have weighed on investor sentiment. Wall Street analysts expect the company to report earnings per share of $1.23, representing a 2.5% increase year-over-year.
Meanwhile, revenues are expected to decrease by 35% from the year-ago quarter to $20.72 billion, according to data from the TipRanks Forecast page.
Analysts’ Views Ahead of WFC’s Q1 Earnings
Ahead of Wells Fargo’s Q1earnings, Piper Sandler analyst R. Scott Siefers upgraded the stock from Neutral to Buy, while maintaining a price target of $77.00. The analyst is encouraged by the bank’s progress on regulatory matters, which points to a more positive outlook ahead. Also, he noted that with Wells Fargo’s stock sliding 13.4% last week, it’s now a more attractive buy at its current price.
Meanwhile, JPMorgan analyst Vivek Juneja slashes Wells Fargo’s price target to $73.50 from $82, maintaining a Neutral rating, citing concerns over tariffs. The bank warns that tariffs could hurt the economy, slow consumer spending, and affect key areas like investment banking and loan growth. As a result, JPMorgan has lowered its estimates and may make further cuts based on the full impact of the tariffs.
According to Main Street Data, Wells Fargo’s Wealth and Investment Management segment brought in $3.96 billion in revenue in Q4, up 8.2% year-over-year. Despite weak consumer spending, it will be worth watching if this segment continues to show strength in the coming quarters.
Options Traders Anticipate a Minor Move
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting a 6.41% move in either direction.
What Is the Price Target for WFC?
Turning to Wall Street, Wells Fargo stock has a Moderate Buy consensus rating based on 12 Buys and six Holds assigned in the last three months. At $82.16, the average WFC price target implies a 23.87% upside potential.
