Morgan Stanley sets USD 102.00 target for Wells Fargo stock
Published on 10/14/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and bank metrics
- On October 5, 2026, Morgan Stanley set a USD 102.00 target, 29.31 percent above the NYSE price.
- Third-quarter 2026 diluted earnings per share reached USD 1.87, up 13.00 percent year over year.
- Wells Fargo stock costs EUR 70.56 at Lang & Schwarz on October 14, 2026 at 4:09 p.m. CEST, down 2.31 percent on NYSE trading.
- The stock had a P/E ratio of 11.03 and a dividend yield of 2.00 percent on October 14, 2026.
Morgan Stanley analyst Manan Gosalia upgraded Wells Fargo to Overweight from Equal Weight and set a USD 102.00 price target on October 5, 2026, according to CNBC. The target lies 29.31 percent above the NYSE price of USD 78.88 on October 14, 2026. Wells Fargo stock was trading at EUR 70.56 at Lang & Schwarz on October 14, 2026 at 4:09 p.m. CEST, down 2.31 percent in NYSE trading.
Third-quarter earnings advance
Wells Fargo reported third-quarter 2026 net income of USD 5.951 billion, up 6.00 percent from USD 5.589 billion a year earlier. Diluted earnings per share rose 13.00 percent year over year to USD 1.87 from USD 1.66, while total revenue increased 2.00 percent to USD 21.870 billion from USD 21.436 billion, according to the company's October 13, 2026 earnings release from Wells Fargo.
The release also disclosed USD 170.00 million of discrete tax benefits in the quarter. Net interest income increased 5.00 percent year over year to USD 12.517 billion, giving the earnings comparison a stronger operating backdrop than the headline net-income figure alone.
Price stays above yearly low
The NYSE quote stood at USD 78.88 at 10:21 a.m. ET on October 14, 2026. That left the stock 8.39 percent above its USD 72.78 52-week low and 19.32 percent below its USD 97.76 52-week high.
Trading volume reached 5,723,355 shares against an average of 14,220,910 shares on the same date. The current range places Wells Fargo materially closer to its yearly low than its yearly high, while Morgan Stanley's USD 102.00 target sits above the reported 52-week peak.
Valuation and bank comparison
Wells Fargo carried a market capitalization of USD 238.5 billion, a P/E ratio of 11.03 and a trailing dividend yield of 2.00 percent on October 14, 2026. The company is listed on the NYSE and included in the S&P 500, according to Fidelity.
Comparison with peers
Wells Fargo & Co. (NYSE, USD): minus 2.31 percent, P/E 11.03, market capitalization USD 238.5 billion
JPMorgan Chase & Co. (NYSE, USD): plus 0.71 percent, P/E 14.00, market capitalization USD 894.4 billion
Bank of America Corporation (NYSE, USD): minus 7.81 percent, P/E 11.48, market capitalization USD 353.0 billion
Wells Fargo euro quote
The euro quote was EUR 70.56 at Lang & Schwarz on October 14, 2026 at 4:09 p.m. CEST, down 2.31 percent in NYSE trading. The Nasdaq-listed peer group moved unevenly, with JPMorgan higher and Bank of America lower on the same date. The further course of trading is shown by the continuously updated real-time quote of Wells Fargo stock.
Wells Fargo stock data
- Company: Wells Fargo & Company
- ISIN: US9497461015
- Ticker: WFC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 4:09 p.m. CEST): EUR 70.56
- Change on NYSE: minus 2.31 percent (October 14, 2026)
- Market capitalization: USD 238.5 billion (as of October 14, 2026)
- 52-week range: USD 72.78-97.76 (as of October 14, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Index membership: S&P 500
Market context: Market report S&P 500.
