Wells Fargo & Co. stock gains as Goldman Sachs lifts price target to USD 111

Wells Fargo & Co. stock (ISIN US9497461015) is trading close to USD 89, with analysts highlighting further upside potential as of September 10, 2026. According to MarketScreener on September 10, 2026, Goldman Sachs raised its price target for Wells Fargo & Co. from USD 102 to USD 111 while maintaining a Buy rating, and the shares last closed at USD 89.67. For investors, this adjustment strengthens the case that the stock still trades below the average analyst target.

Goldman Sachs move and analyst consensus

As MarketScreener reported, Goldman Sachs lifted its Wells Fargo & Co. price target to USD 111 from USD 102 on September 9, 2026 and reiterated its Buy recommendation. With the stock having last closed at USD 89.67 on the New York Stock Exchange, Goldman Sachs now sees room for a gain of about 23.7 percent against that closing level if the new target is reached. The move adds to a generally positive analyst backdrop, where the mean consensus rating is described as Outperform and suggests that many houses expect Wells Fargo & Co. to continue delivering solid earnings and capital returns.

According to the same MarketScreener consensus overview, the average analyst price target for Wells Fargo & Co. stands at USD 100.63, with individual targets ranging from USD 90.00 up to USD 115.00. Based on the last close of USD 89.67, the average target implies upside of about 12.2 percent, while the highest target would represent a gain of around 28.3 percent. For retail investors, those spreads illustrate how much of the future earnings and interest-rate environment expectations are already priced in, but also that a number of analysts still see further value in the bank relative to its current stock price.

Recent share performance and trading levels

In recent trading, Wells Fargo & Co. stock has been firm. A price overview from finanzen.ch shows that on September 9, 2026, the share gained about 1.9 percent in New York trading to reach USD 89.67, having started that trading day at USD 87.72. During that session it marked an intraday high at USD 89.78, underlining that the stock is trading in the upper area of its recent range. With this price level it was described as one of the stronger names within the broader S&P 500 on that day, which supports the impression that the market is reacting positively to the ongoing earnings and capital-return story at Wells Fargo & Co.

A live quote snapshot from Timothy Sykes on September 10, 2026, shows Wells Fargo & Co. trading around USD 88.98, down 0.69 USD or 0.77 percent on the day. That intraday move suggests a small consolidation after the advance seen on September 9, 2026, while the stock remains broadly close to the prior closing level of USD 89.67 referenced by other price data. For investors, the modest pullback does little to change the bigger picture of a share price still below most published analyst targets.

Earnings expectations and revenue estimates

Beyond price targets, the earnings and revenue outlook supplied by analysts is an important driver for Wells Fargo & Co. stock. According to the estimates overview on Yahoo Finance as of September 10, 2026, the average analyst estimate for Wells Fargo & Co. revenue in the current quarter ending September 2026 is USD 22.39 billion. For the full year 2026, the same overview cites an average revenue estimate of USD 88.93 billion, compared with a high estimate of USD 90.03 billion and a low estimate of USD 88.31 billion. The clustering of these numbers indicates that analysts expect relatively stable top-line development for the bank over the full year, with only limited deviation between more optimistic and more cautious forecasts.

The earnings-per-share outlook complements that revenue picture. As shown in the Yahoo Finance table, the current average EPS estimate for Wells Fargo & Co. in the 2026 fiscal year stands at USD 7.31, with the next year 2027 expected at USD 7.97. For the current quarter ending September 2026, the earnings estimate is USD 1.84 per share, while the next quarter ending December 2026 is put at USD 1.86 per share. These figures imply that analysts foresee mid-single-digit to low-double-digit earnings growth from 2026 to 2027, with consistency in quarterly EPS around the USD 1.8 to USD 1.9 region. For investors, such a trajectory would support the case for continuing dividend payments and potential buybacks if regulatory capital levels remain solid.

Margins and profitability expectations

The same analyst overview on Yahoo Finance also provides data on expected growth rates and profitability measures. For the current fiscal year 2026, one of the metrics listed for Wells Fargo & Co. shows a growth expectation of about 14.19 percent, while the next year 2027 is associated with a growth rate of 9.73 percent. Taken together with the revenue and EPS projections, these percentages suggest that analysts expect 2026 to be a stronger year in terms of improvement from the prior year, followed by a normalizing but still positive growth phase in 2027. In practical terms, this would mean Wells Fargo & Co. continues to benefit from higher interest income and ongoing efficiency gains, but with some moderation as the interest-rate cycle evolves.

For retail investors considering the bank, the combination of high-single-digit to low-double-digit growth with a large-cap financial institution trading below its average target price is noteworthy. If Wells Fargo & Co. delivers on an EPS of around USD 7.31 in 2026 as estimated by Yahoo Finance, the current share price around USD 89 to USD 90 would imply a price-earnings ratio in the low teens. That level would broadly align with the valuation ranges seen for other major US banks, and the additional upside suggested by Goldman Sachs and the consensus targets would then depend on how well Wells Fargo & Co. manages credit quality, cost control and regulatory demands in the coming quarters.

Upcoming earnings date and investor checkpoints

An important upcoming date for Wells Fargo & Co. investors is the next quarterly report. As noted by finanzen.ch, Wells Fargo & Co. is expected to present its results for the third quarter of 2026 on October 13, 2026. That Q3 release will give the next concrete read on how the bank is turning the current analyst estimates into actual revenue and earnings. For many market participants, the focus will be on net interest income trends, fee income stability and credit costs, as well as any updates to capital-return plans and regulatory matters. A result that matches or exceeds the current EPS estimate of around USD 1.84 for the quarter would likely support the existing Buy and Outperform calls, while a disappointment could prompt a review of some of the more optimistic price targets.

In parallel, Wells Fargo & Co. continues to be covered in broader macro and index discussions. For example, a forecast table published by Reuters on September 10, 2026, shows Wells Fargo among the brokerages issuing targets for the S&P 500 index for 2026, with Wells Fargo Investment Institute providing a range of 7,800 to 8,000 points. While this forecast concerns the index overall rather than the individual stock, it illustrates that Wells Fargo & Co. is active in shaping institutional views on equity markets, and these macro perspectives can indirectly influence sentiment toward its own shares.

Stock level and investor perspective

Based on the available price data, Wells Fargo & Co. stock most recently traded around USD 88.98 on the New York Stock Exchange, with that intraday level on September 10, 2026 reflecting a decline of 0.77 percent compared with the previous close of USD 89.67. With the stock still below the average analyst target of USD 100.63 and well under the new Goldman Sachs target of USD 111, investors are watching whether upcoming quarterly earnings on October 13, 2026 and the evolving interest-rate environment will be enough to close part of that gap. The combination of consensus growth expectations around 14.19 percent for 2026 and 9.73 percent for 2027, together with stable revenue estimates, means that Wells Fargo & Co. remains firmly positioned as a core US banking stock for many portfolios.

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