Wells Fargo stock: Citigroup cuts target for Wells Fargo stock to USD 88.00
Published on 10/19/2026 at 15:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst valuation and trading date
- Citigroup analyst Keith Horowitz lowered the Wells Fargo target to USD 88.00 on October 10, 2026.
- The average target stood at USD 98.08 across 25 brokerages on October 17, 2026.
- Wells Fargo stock traded at EUR 74.38 at Lang & Schwarz on October 19, 2026 at 3:09 p.m. CEST.
- Wells Fargo had a trailing P/E ratio of 11.75 on October 16, 2026.
Citigroup analyst Keith Horowitz lowered the price target for Wells Fargo from USD 90.00 to USD 88.00 on October 10, 2026, while maintaining a Neutral rating, according to GuruFocus. The new target was 4.92 percent above the USD 83.87 price reported for October 16, 2026.
Brokerage targets remain higher
The broader analyst picture remains above Citigroup's revised level. MarketBeat reported an average 12-month target of USD 98.08 from 25 brokerages on October 17, 2026, alongside a Moderate Buy consensus. That average stood 16.95 percent above the October 16 price of USD 83.87.
Price sits below the yearly high
On the NYSE, Wells Fargo last traded at USD 83.87 on October 16, 2026 at 4:02 p.m. ET. The same dated quotation placed the stock between a USD 83.04 low and a USD 84.72 high, with 31,934,965 shares traded against an average volume of 14,310,501 shares.
The 52-week range was USD 72.78 to USD 97.76 as of October 16, 2026. At USD 83.87, the stock stood 14.21 percent below its 52-week high and 15.25 percent above its 52-week low.
Valuation and the next date
Wells Fargo had a trailing P/E ratio of 11.75 and a market capitalization of USD 253.6 billion as of October 16, 2026. The bank's trailing dividend yield was reported at 2.00 percent in the same quotation.
The next scheduled earnings date is January 14, 2027, before the market opens, according to Market Chameleon. The bank operates through Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
Euro quote for German investors
Wells Fargo was trading at EUR 74.38 at Lang & Schwarz on October 19, 2026 at 3:09 p.m. CEST. The euro quotation provides the German market view, while the NYSE figures frame the stock's valuation and range.
The further course of trading is shown by the continuously updated real-time quote of Wells Fargo stock.
Wells Fargo stock at a glance
- Company: Wells Fargo & Company
- ISIN: US9497461015
- Ticker: WFC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 3:09 p.m. CEST): EUR 74.38
- Market capitalization: USD 253.6 billion (as of October 16, 2026)
- 52-week range: USD 72.78-97.76 (as of October 16, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Index membership: S&P 500
- Next earnings date: January 14, 2027
Market context: Market report S&P 500.
