Morgan Stanley cuts target for Wells Fargo stock from USD 102 to USD 101

Published on 10/26/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 25-broker consensus target is USD 98.08 on October 17, 2026. Wells Fargo stock costs EUR 74.38 on October 26, 2026 at 5:07 p.m. CEST.

Analyst target and valuation

Morgan Stanley lowered its Wells Fargo target from USD 102.00 to USD 101.00 on October 14, 2026.
A 25-broker consensus target stood at USD 98.08 on October 17, 2026.
Wells Fargo stock stood at EUR 74.38 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST.
The bank carried a P/E ratio of 11.64 and a market capitalization of USD 249.5 billion on October 26, 2026.

Wells Fargo & Co., US9497461015, Illustration mit AI erstellt.

Wells Fargo & Co. (ISIN US9497461015) is trading at EUR 74.38 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST. On October 14, 2026, Morgan Stanley analyst Manan Gosalia kept an Overweight rating but lowered the price target from USD 102.00 to USD 101.00, as Benzinga reported.

Consensus remains above the market

A 25-broker consensus carried a USD 98.08 average 12-month target and a Moderate Buy rating on October 17, 2026, according to MarketBeat. The average target is USD 14.97 above the NYSE quote of USD 83.11 on October 26, 2026 at 12:15 p.m. ET, equal to 18.01 percent upside.

Stock sits below its yearly high

The NYSE quote of USD 83.11 stood 14.98 percent below the 52-week high of USD 97.76 and 14.22 percent above the low of USD 72.78 on October 26, 2026. Volume reached 2,429,102 shares, while the market capitalization was USD 249.5 billion.

Wells Fargo carried a P/E ratio of 11.64 and a dividend yield of 2.00 percent on October 26, 2026. The comparison is useful because JPMorgan Chase traded at a P/E ratio of 14.02 with a USD 888.8 billion market capitalization, while Bank of America traded at 12.15 with USD 352.4 billion.

Profit growth meets revenue pressure

For the third quarter of 2026, Wells Fargo reported diluted earnings per share of USD 1.87, up 13.00 percent from USD 1.66 a year earlier, while revenue rose 2.00 percent to USD 21.87 billion against a USD 22.31 billion consensus. Yahoo Finance reported the figures on October 13, 2026. The revenue shortfall and the lower Morgan Stanley target leave profitability and loan growth as the main figures for assessing the bank's valuation.

What the target cut means

The USD 101.00 target remains 21.53 percent above the NYSE quote, using the same currency for both values. The distance is smaller than the 25.00 percent gap between the USD 98.08 consensus target and the USD 83.11 quote, showing that Morgan Stanley's revised view is more cautious than the broader average.

Price remains the daily anchor

Wells Fargo was trading at EUR 74.38 at Lang & Schwarz on October 26, 2026 at 5:07 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Wells Fargo stock.