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Bank of America (BAC)
NYSE:BAC
US Market
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Bank of America (BAC) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

BAC Analyst Ratings

Strong Buy
16Ratings
Strong Buy
12 Buy
4 Hold
0 Sell
Based on 16 analysts giving stock ratings to
Bank
of America
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

BAC Stock 12 Month Forecast

Average Price Target

$62.96
▲(16.79% Upside)
Based on 16 Wall Street analysts offering 12 month price targets for Bank of America in the last 3 months. The average price target is $62.96 with a high forecast of $71.00 and a low forecast of $57.50. The average price target represents a 16.79% change from the last price of $53.91.
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 41,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":47.123,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 40,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":44.686,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n         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40,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":52.601,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 47,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":52.394,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 44,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n  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Highest Price Target$71.00Average Price Target$62.96Lowest Price Target$57.50
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Oppenheimer Analyst forecast on BAC
Oppenheimer
Oppenheimer
Hold
Downgraded
06/30/26
Bank of America downgraded to Perform from Outperform at OppenheimerBank of America downgraded to Perform from Outperform at Oppenheimer
RBC Capital Analyst forecast on BAC
RBC Capital
RBC Capital
$59
Buy
9.44%
Upside
Reiterated
06/29/26
Analysts Offer Insights on Financial Companies: Bank of America (NYSE: BAC) and Bank of New York Mellon (NYSE: BNY)
Morgan Stanley Analyst forecast on BAC
Morgan Stanley
Morgan Stanley
$61$67
Buy
24.28%
Upside
Reiterated
06/29/26
Bank of America price target raised to $67 from $61 at Morgan StanleyBank of America price target raised to $67 from $61 at Morgan Stanley
Truist Financial Analyst forecast on BAC
Truist Financial
Truist Financial
$61$64
Buy
18.72%
Upside
Reiterated
06/26/26
Bank of America price target raised to $64 from $61 at TruistBank of America price target raised to $64 from $61 at Truist
Barclays
$71
Buy
31.70%
Upside
Reiterated
06/25/26
Barclays Reaffirms Their Buy Rating on Bank of America (BAC)
Citi
$62$66
Buy
22.43%
Upside
Reiterated
06/23/26
Bank of America price target raised to $66 from $62 at CitiBank of America price target raised to $66 from $62 at Citi
Wells Fargo Analyst forecast on BAC
Wells Fargo
Wells Fargo
$65
Buy
20.57%
Upside
Reiterated
05/28/26
Bank of America (BAC) Gets a Buy from Wells Fargo
CFRA Analyst forecast on BAC
Unknown Analyst
CFRA
Not Ranked
CFRA
Hold
Downgraded
05/19/26
CFRA downgrades Bank of America (BAC) to a Hold
Erste Group Analyst forecast on BAC
Unknown Analyst
Erste Group
Not Ranked
Erste Group
Hold
Reiterated
05/05/26
Phillip Securities Analyst forecast on BAC
Phillip Securities
Phillip Securities
$60
Buy
11.30%
Upside
Reiterated
04/17/26
Analysts Conflicted on These Financial Names: Bank of America (NYSE: BAC) and Marsh & McLennan Companies (NYSE: MRSH)
KBW
$63$64
Buy
18.72%
Upside
Assigned
04/16/26
Bank of America (BAC) Receives a Buy from KBW
Piper Sandler Analyst forecast on BAC
Piper Sandler
Piper Sandler
$53$59
Hold
9.44%
Upside
Reiterated
04/16/26
Analysts Offer Insights on Financial Companies: PNC Financial (NYSE: PNC), PayPal Holdings (NASDAQ: PYPL) and Bank of America (NYSE: BAC)
Evercore ISI Analyst forecast on BAC
Evercore ISI
Evercore ISI
$55$61
Buy
13.15%
Upside
Reiterated
04/16/26
Analysts Conflicted on These Financial Names: Bank of America (NYSE: BAC), Bank of New York Mellon (NYSE: BK) and Virtus Investment Partners (NYSE: VRTS)
Goldman Sachs Analyst forecast on BAC
Goldman Sachs
Goldman Sachs
$58$63
Buy
16.86%
Upside
Assigned
04/15/26
Analysts' Top Financial Picks: eToro (ETOR), Bank of America (BAC)
J.P. Morgan Analyst forecast on BAC
J.P. Morgan
J.P. Morgan
$61.5$57.5
Buy
6.66%
Upside
Reiterated
04/07/26
Bank of America price target lowered to $57.50 from $61.50 at JPMorganBank of America price target lowered to $57.50 from $61.50 at JPMorgan
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Oppenheimer Analyst forecast on BAC
Oppenheimer
Oppenheimer
Hold
Downgraded
06/30/26
Bank of America downgraded to Perform from Outperform at OppenheimerBank of America downgraded to Perform from Outperform at Oppenheimer
RBC Capital Analyst forecast on BAC
RBC Capital
RBC Capital
$59
Buy
9.44%
Upside
Reiterated
06/29/26
Analysts Offer Insights on Financial Companies: Bank of America (NYSE: BAC) and Bank of New York Mellon (NYSE: BNY)
Morgan Stanley Analyst forecast on BAC
Morgan Stanley
Morgan Stanley
$61$67
Buy
24.28%
Upside
Reiterated
06/29/26
Bank of America price target raised to $67 from $61 at Morgan StanleyBank of America price target raised to $67 from $61 at Morgan Stanley
Truist Financial Analyst forecast on BAC
Truist Financial
Truist Financial
$61$64
Buy
18.72%
Upside
Reiterated
06/26/26
Bank of America price target raised to $64 from $61 at TruistBank of America price target raised to $64 from $61 at Truist
Barclays
$71
Buy
31.70%
Upside
Reiterated
06/25/26
Barclays Reaffirms Their Buy Rating on Bank of America (BAC)
Citi
$62$66
Buy
22.43%
Upside
Reiterated
06/23/26
Bank of America price target raised to $66 from $62 at CitiBank of America price target raised to $66 from $62 at Citi
Wells Fargo Analyst forecast on BAC
Wells Fargo
Wells Fargo
$65
Buy
20.57%
Upside
Reiterated
05/28/26
Bank of America (BAC) Gets a Buy from Wells Fargo
CFRA Analyst forecast on BAC
Unknown Analyst
CFRA
Not Ranked
CFRA
Hold
Downgraded
05/19/26
CFRA downgrades Bank of America (BAC) to a Hold
Erste Group Analyst forecast on BAC
Unknown Analyst
Erste Group
Not Ranked
Erste Group
Hold
Reiterated
05/05/26
Phillip Securities Analyst forecast on BAC
Phillip Securities
Phillip Securities
$60
Buy
11.30%
Upside
Reiterated
04/17/26
Analysts Conflicted on These Financial Names: Bank of America (NYSE: BAC) and Marsh & McLennan Companies (NYSE: MRSH)
KBW
$63$64
Buy
18.72%
Upside
Assigned
04/16/26
Bank of America (BAC) Receives a Buy from KBW
Piper Sandler Analyst forecast on BAC
Piper Sandler
Piper Sandler
$53$59
Hold
9.44%
Upside
Reiterated
04/16/26
Analysts Offer Insights on Financial Companies: PNC Financial (NYSE: PNC), PayPal Holdings (NASDAQ: PYPL) and Bank of America (NYSE: BAC)
Evercore ISI Analyst forecast on BAC
Evercore ISI
Evercore ISI
$55$61
Buy
13.15%
Upside
Reiterated
04/16/26
Analysts Conflicted on These Financial Names: Bank of America (NYSE: BAC), Bank of New York Mellon (NYSE: BK) and Virtus Investment Partners (NYSE: VRTS)
Goldman Sachs Analyst forecast on BAC
Goldman Sachs
Goldman Sachs
$58$63
Buy
16.86%
Upside
Assigned
04/15/26
Analysts' Top Financial Picks: eToro (ETOR), Bank of America (BAC)
J.P. Morgan Analyst forecast on BAC
J.P. Morgan
J.P. Morgan
$61.5$57.5
Buy
6.66%
Upside
Reiterated
04/07/26
Bank of America price target lowered to $57.50 from $61.50 at JPMorganBank of America price target lowered to $57.50 from $61.50 at JPMorgan
Stocks with the Highest Top Analyst Consensus in the Financial Sector
LIFEEthos Technologies Inc. Class A
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PRCHPorch Group
Find stocks in the Financial sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Bank of America

3 Months
Mike MayoWells Fargo
Success Rate
35/48 ratings generated profit
73%
Average Return
+5.80%
Copying Mike Mayo's trades and holding each position for 3 Months would result in 72.92% of your transactions generating a profit, with an average return of +5.80% per trade.
1 Year
John McDonald CFATruist Financial
Success Rate
14/15 ratings generated profit
93%
Average Return
+17.69%
Copying John McDonald CFA's trades and holding each position for 1 Year would result in 93.33% of your transactions generating a profit, with an average return of +17.69% per trade.
2 Years
Richard RamsdenGoldman Sachs
Success Rate
21/22 ratings generated profit
95%
Average Return
+40.58%
Copying Richard Ramsden's trades and holding each position for 2 Years would result in 95.45% of your transactions generating a profit, with an average return of +40.58% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

BAC Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
0
0
0
0
0
Buy
30
31
25
25
24
Hold
7
5
2
3
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
37
36
27
28
28
In the current month, BAC has received 24 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. BAC average Analyst price target in the past 3 months is 62.96.
Each month's total comprises the sum of three months' worth of ratings.

BAC Financial Forecast

BAC Earnings Forecast

Next quarter’s earnings estimate for BAC is $1.11 with a range of $1.06 to $1.16. The previous quarter’s EPS was $1.11. BAC beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 65.60% of the time in the same period. In the last calendar year BAC has Performed in-line its overall industry.
Next quarter’s earnings estimate for BAC is $1.11 with a range of $1.06 to $1.16. The previous quarter’s EPS was $1.11. BAC beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 65.60% of the time in the same period. In the last calendar year BAC has Performed in-line its overall industry.

BAC Sales Forecast

Next quarter’s sales forecast for BAC is $30.42B with a range of $29.96B to $31.17B. The previous quarter’s sales results were $48.42B. BAC beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 79.60% of the time in the same period. In the last calendar year BAC has Performed in-line its overall industry.
Next quarter’s sales forecast for BAC is $30.42B with a range of $29.96B to $31.17B. The previous quarter’s sales results were $48.42B. BAC beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 79.60% of the time in the same period. In the last calendar year BAC has Performed in-line its overall industry.

BAC Stock Forecast FAQ

What is BAC’s average 12-month price target, according to analysts?
Based on analyst ratings, Bank of America’s 12-month average price target is 62.96.
    What is BAC’s upside potential, based on the analysts’ average price target?
    Bank of America has 16.79% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is BAC a Buy, Sell or Hold?
          Bank of America has a consensus rating of Strong Buy which is based on 12 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Bank of America’s price target?
            The average price target for Bank of America is 62.96. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $71.00 ,the lowest forecast is $57.50. The average price target represents 16.79% Increase from the current price of $53.91.
              What do analysts say about Bank of America?
              Bank of America’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
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