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Wells Fargo (WFC) Stock Moves -3.92%: What You Should Know
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In the latest close session, Wells Fargo (WFC - Free Report) was down 3.92% at $83.15. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The bank's shares have seen an increase of 2.15% over the last month, surpassing the Finance sector's loss of 1.11% and the S&P 500's gain of 1.27%.
The upcoming earnings release of Wells Fargo will be of great interest to investors. The company's earnings report is expected on October 14, 2026. In that report, analysts expect Wells Fargo to post earnings of $1.84 per share. This would mark year-over-year growth of 6.36%. Simultaneously, our latest consensus estimate expects the revenue to be $22.22 billion, showing a 3.64% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $7.25 per share and a revenue of $88.61 billion, demonstrating changes of +15.45% and +5.87%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Wells Fargo. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% lower. Wells Fargo is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Wells Fargo has a Forward P/E ratio of 11.94 right now. Its industry sports an average Forward P/E of 13.74, so one might conclude that Wells Fargo is trading at a discount comparatively.
It's also important to note that WFC currently trades at a PEG ratio of 0.94. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.98 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 79, which puts it in the top 33% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Wells Fargo (WFC) Stock Moves -3.92%: What You Should Know
In the latest close session, Wells Fargo (WFC - Free Report) was down 3.92% at $83.15. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The bank's shares have seen an increase of 2.15% over the last month, surpassing the Finance sector's loss of 1.11% and the S&P 500's gain of 1.27%.
The upcoming earnings release of Wells Fargo will be of great interest to investors. The company's earnings report is expected on October 14, 2026. In that report, analysts expect Wells Fargo to post earnings of $1.84 per share. This would mark year-over-year growth of 6.36%. Simultaneously, our latest consensus estimate expects the revenue to be $22.22 billion, showing a 3.64% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $7.25 per share and a revenue of $88.61 billion, demonstrating changes of +15.45% and +5.87%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Wells Fargo. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% lower. Wells Fargo is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Wells Fargo has a Forward P/E ratio of 11.94 right now. Its industry sports an average Forward P/E of 13.74, so one might conclude that Wells Fargo is trading at a discount comparatively.
It's also important to note that WFC currently trades at a PEG ratio of 0.94. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.98 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 79, which puts it in the top 33% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.