WFC Wells Fargo & Company

Stock NYSE Financial Services

US$87.07 -2.95% Latest close

Wells Fargo & Company (WFC) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 9 comparable calls have settled; 77.8% reached the published sell target. Information only, not financial advice.

Mid-channel

Price is between the two trend lines. Nothing to act on yet.

Read from the last 2 years of history we hold: rising, drifting +18% a year. The target of US$90.39 sits above the nearest ceiling (US$89.85), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$85.18 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.

2 years read from
US$85.18 – US$89.85 Rising channel, +18% a year
Position in that channel
40% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-23% from US$95.395 Jan 2026 → 15 May 2026
Whose problem it was
This company0 of 5 Banks - Diversified peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
70%of what it lost
What the record says
90% of 962 comparable falls came back, typically in 63 days measured across every stock we hold history for, its peer group being too small

The trend broke in January 2026: price fell 23% from 95.39 to 73.43 by May 2026, and has regained 70% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “P/E Ratio Insights for Wells Fargo”. Falls like it have resolved: falls of about 23% here have come back to the old high 90% of the time (962 comparable falls), typically in 63 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 96.30 within 61 days, reached 90% of the time in 962 comparable falls — about 0.14% a day held.

Reported at the time: P/E Ratio Insights for Wells Fargo — 31 Dec 2025

Price history, with the path projected 3 months forward

US$40.0US$60.0US$80.0US$100.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$85.3 · est. 4 Oct 26Our target US$90.4 · est. 21 Dec 26
  • Daily close
  • Upper trend line (2 years)
  • Lower trend line (2 years)
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$85.27

level as at 4 Oct 2026

Our target

US$90.39

by 21 Dec 2026

Projected move

6.0%

gross, before costs

Price sits between our buy level and our target.

The lines are drawn where this stock has actually turned: 6 touches on the ceiling, 4 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor — the least a call has to be worth to be worth making, not what it aims at — 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own — its average, its volatility — but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw — 58% against 71% — because it fits the past rather than the future. On this stock the setup has come up 11 times so far, reaching target 100% of the time. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 6% above the entry within 90 days, and of the sizes that path supports, 6% is the one that has returned the most per day of money tied up here — measured over the 11 times this entry has come up on this chart, reached 100% of the time, typically in 8 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out — those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

On this stock's own history these rules produced 9 settled calls, of which 7 reached target (77.8%), with an average best move of 9.7%. See the full record.

Upper line touches
6
Lower line touches
4
Fit confidence
41%
Fitted
15 Sept 2026

About Wells Fargo & Company

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company’s financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. It also provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services; and financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. In addition, it offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Sector
Financial Services
Industry
Banks - Diversified
CEO
Charles W. Scharf
Employees
197,466
Country
US

https://www.wellsfargo.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.

Valuation
81/100
Profitability
57/100
Financial health
0/100
Cash generation
58/100

Key statistics

Market cap
US$262.12B
Enterprise value
US$517.88B
Beta
0.92
Avg volume
15.34M
Revenue per share
42.34
Dividend yield
2.13%
52-week range
72.78-97.76
Exchange
NYSE

Key ratios

P/E (TTM)
12.37
PEG
0.66
Price / sales
2.03
Price / book
1.47
EV / EBITDA
15.63
Gross margin
64.50%
Operating margin
21.17%
Net margin
17.54%
Current ratio
0.51
Quick ratio
0.51
Debt / equity
2.55
Interest cover
0.65

Income statement

YearRevenueGross profitOperating incomeNet incomeEPS
2025US$123.53BUS$80.04BUS$25.20BUS$21.34BUS$6.32
2024US$125.40BUS$77.96BUS$23.36BUS$19.72BUS$5.37
2023US$115.34BUS$77.20BUS$21.64BUS$19.14BUS$4.83
2022US$83.44BUS$72.83BUS$15.63BUS$13.68BUS$3.14
2021US$83.08BUS$83.32BUS$29.56BUS$22.11BUS$4.99

Balance sheet

YearTotal assetsTotal liabilitiesTotal equity
2025US$2.15TUS$1.97TUS$181.12B
2024US$1.93TUS$1.75TUS$179.12B
2023US$1.93TUS$1.75TUS$185.74B
2022US$1.88TUS$1.70TUS$180.23B
2021US$1.95TUS$1.76TUS$187.61B

Cash flow

YearOperating cash flowFree cash flowNet income
2025-US$19.00B-US$19.00BUS$21.36B
2024US$3.04BUS$3.04BUS$19.96B
2023US$40.36BUS$40.36BUS$19.14B
2022US$27.05BUS$27.05BUS$13.38B
2021-US$11.53B-US$11.53BUS$23.80B

EPS forecasts

PeriodEst. EPSEst. revenueAnalysts
2024US$5.33US$82.62B14
2025US$6.32US$84.03B15
2026US$7.29US$88.88B15
2027US$7.98US$92.82B17
2028US$9.16US$97.48B9
2029US$9.94US$129.24B3

Analyst view

Target (mean)
US$98.14
Target (high)
US$108.00
Target (low)
US$92.00
Strong buy
0
Buy
27
Hold
29
Sell
4

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.