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Wells Fargo & Company (WFC) provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.
Wells Fargo's Q1 2026 revenue rose 6% to $21.4 billion but missed analyst expectations.
KEY POINTS
- WFC's adjusted EPS for Q1 2026 was $1.56, below Wall Street forecasts.
- WFC stock dropped 5.7% after the release of its underwhelming Q1 2026 earnings.
- Piper Sandler set a $100 price target on Wells Fargo, indicating significant upside potential.
- The consensus price target for WFC is $98.04, representing a 21.7% premium over current prices.
COMPANIES
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