These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings - Wells Fargo (NYSE:WFC)

Core Insights - Wells Fargo reported stronger-than-expected fourth-quarter earnings for 2025, with net income of $5.4 billion, or $1.62 per diluted share, compared to $5.1 billion, or $1.43 per share, a year earlier [1] - The bank's fourth-quarter adjusted earnings were $1.76, surpassing the consensus estimate of $1.67 [1] - Revenue increased by 4% year over year to $21.3 billion, driven by growth in both net interest and fee income, although analysts had expected $21.65 billion [1] Future Outlook - For 2026, Wells Fargo anticipates an increase in net interest income excluding Markets, supported by balance-sheet growth, improvements in loan and deposit mix, and continued fixed-rate asset repricing [2] - The outlook is based on the expectation of two to three Federal Reserve rate cuts during the year, with the 10-year Treasury yield remaining stable [2] - Following the earnings announcement, Wells Fargo shares fell by 0.3% to trade at $88.95 [2] Analyst Ratings - Truist Securities analyst John McDonald maintained a Buy rating on Wells Fargo but lowered the price target from $104 to $100 [3] - Argus Research analyst Stephen Biggar also maintained a Buy rating, raising the price target from $94 to $101 [3] - Evercore ISI Group analyst John Pancari maintained an Outperform rating, lowering the price target from $110 to $105 [3]