HSBC starts coverage of Wells Fargo stock with USD 108 target
Published on 10/01/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wells Fargo & Company stock was covered by HSBC with a buy rating and a USD 108.00 price target on September 28, 2026, according to MarketBeat. The report's target was 31.55 percent above the USD 82.10 prior close cited in the same report.
HSBC sets a USD 108 target
HSBC's initiation gives the bank's shares a fresh analyst reference point, but the rating remains one external view rather than a company forecast. MarketBeat also reported a Moderate Buy consensus and an average target of USD 99.86 from the broker coverage it tracks on September 28, 2026.
The target spread is material: USD 108.00 is USD 25.90 above the cited USD 82.10 prior close, while the consensus target is USD 16.86 higher. Those comparisons use the US dollar NYSE context and are separate from the euro quote used for German investors.
Q2 revenue reaches USD 22.62 billion
Wells Fargo's Q2 2026 report covered the period ended June 30, 2026. The reported total revenue was USD 22.62 billion, compared with USD 20.82 billion in Q2 2025, while net income reached USD 6.41 billion versus USD 5.49 billion, according to MetaTrader.
Diluted earnings per share were USD 2.00 in Q2 2026, compared with USD 1.60 a year earlier. The same report showed a 15.00 percent return on average equity and a 60.00 percent efficiency ratio for the quarter.
October results provide the next test
Gekko lists October 13, 2026 as Wells Fargo's next earnings date and gives a consensus estimate of USD 1.85 earnings per share on USD 22.37 billion of revenue. That scheduled report will put the Q2 growth pattern alongside the latest analyst targets.
Euro quote remains below its prior close
Wells Fargo stock was trading at EUR 70.19 at Lang & Schwarz on October 1, 2026 at 2:05 p.m. CEST, down 0.68 percent versus the prior close of EUR 70.67 on September 30, 2026. The NYSE listing is WFC, and its USD 72.78 to USD 97.76 52-week range was shown as of September 30, 2026.
The further course of trading is shown by the continuously updated real-time quote of Wells Fargo stock.
Wells Fargo stock facts
- Company: Wells Fargo & Company
- ISIN: US9497461015
- Ticker: WFC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 1, 2026, 2:05 p.m. CEST): EUR 70.19
- Change versus prior close: minus 0.68 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 70.67
- Market capitalization: USD 242.3 billion (as of September 30, 2026)
- 52-week range: USD 72.78-97.76 (as of September 30, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
