Bill Gross warns on gold momentum as regional bank stocks tumble
Wells Fargo & Company stock has reached an all-time high, hitting 86.67 USD. This milestone reflects a significant upward trend for the company, which has seen a remarkable 35.45% increase over the past year. The stock’s ascent to this new peak underscores investor confidence and the company’s robust performance in the financial sector. Trading at a P/E ratio of 13 and maintaining dividend payments for 55 consecutive years, Wells Fargo demonstrates strong fundamentals. Wells Fargo’s achievement of this all-time high is a testament to its resilience and strategic initiatives that have resonated well with the market. According to InvestingPro analysis, the stock appears undervalued, with 6 analysts recently revising earnings estimates upward. Discover more insights and 8 additional ProTips with an InvestingPro subscription.
In other recent news, Wells Fargo reported robust third-quarter 2025 earnings, with earnings per share (EPS) of $1.66, surpassing analyst expectations of $1.55. The company’s revenue also exceeded predictions, reaching $21.43 billion against an expected $21.14 billion. Following these results, several firms adjusted their price targets for Wells Fargo. TD Cowen raised its price target to $93 from $90, maintaining a Hold rating. CFRA increased its target to $110 from $101, citing the removal of the bank’s asset cap as a significant factor and maintaining a Buy rating. BofA Securities also raised its target to $100 from $92, highlighting Wells Fargo’s improved profitability and strong EPS growth. These developments reflect a positive outlook among analysts for Wells Fargo’s financial performance.
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