First Time Loading...

Bank of America Corp
NYSE:BAC

Watchlist Manager
Bank of America Corp Logo
Bank of America Corp
NYSE:BAC
Watchlist
Price: 36.97 USD 3.35% Market Closed
Updated: Apr 20, 2024
Section:
 

Wall Street
Price Targets

BAC Price Targets Summary
Bank of America Corp

Wall Street analysts forecast BAC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BAC is 39.77 USD with a low forecast of 34.34 USD and a high forecast of 48.3 USD.

BAC Lowest Forecast
Wall Street Target
34.34 USD
7% Downside
BAC Average Forecast
Wall Street Target
39.77 USD
8% Upside
BAC Highest Forecast
Wall Street Target
48.3 USD
31% Upside
Lowest
Price Target
34.34 USD
7% Downside
Average
Price Target
39.77 USD
8% Upside
Highest
Price Target
48.3 USD
31% Upside

BAC Last Price Targets
Bank of America Corp

The latest public price target was made on Apr 19, 2024 by Steven Chubak from Wolfe Research , who expects BAC stock to rise by 14% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Steven Chubak
Wolfe Research
42 USD
Upside 14%
1 day ago
Apr 19, 2024
Wolfe Research Upgrades Bank of America (BAC) to Outperform, 'Underearning Firms Shouldn’t Trade at a Discount'
StreetInsider
Chris Kotowski
Oppenheimer
45 USD
Upside 22%
3 days ago
Apr 17, 2024
Bank Of America Loan Growth Is Better Than Peers, Analysts Predict 'Good Core Operating Leverage'
Benzinga
James Fotheringham
BMO Capital
37 USD
Upside 0%
3 days ago
Apr 17, 2024
Bank of America (BAC) PT Raised to $37 at BMO Capital
StreetInsider
Gerard Cassidy
RBC Capital
39 USD
Upside 5%
3 days ago
Apr 17, 2024
RBC Capital Reiterates Outperform Rating on Bank of America (BAC)
StreetInsider
David George
Robert W. Baird
38 USD
Upside 3%
3 days ago
Apr 17, 2024
Bank of America (BAC) PT Raised to $38 at Baird
StreetInsider
Mike Mayo
Wells Fargo
44 USD
Upside 19%
3 weeks ago
Mar 28, 2024
Bank of America (BAC) PT Raised to $44 at Wells Fargo
StreetInsider
Saul Martinez
HSBC
39 USD
Upside 5%
3 weeks ago
Mar 28, 2024
HSBC Downgrades Bank of America (BAC) to Hold
StreetInsider
James Fotheringham
Loop Capital Markets
36 USD
Downside 3%
3 months ago
Jan 16, 2024
Bank Of America Would Bear The Brunt Of Higher Operating And Credit Costs: Analyst
Benzinga
James Fotheringham
BMO Capital
40 USD
Upside 8%
3 months ago
Jan 12, 2024
Bank of America Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
James Fotheringham
Loop Capital Markets
40 USD
Upside 8%
6 months ago
Oct 18, 2023
Analyst Raises Bank Of America's Price Target To $40, Yet Sees Higher Returns In Other US FIG Stocks
Benzinga
Saul Martinez
HSBC
35 USD
Downside 5%
6 months ago
Oct 16, 2023
Bank of America Likely To Report Higher Q3 Revenue; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Chris Kotowski
Oppenheimer
47 USD
Upside 27%
1 year ago
Apr 19, 2023
3 Bank of America Analysts Key Takeaways From Q1 Print: 'Strong Increase In Its NIM'
Benzinga
Unknown Analyst
Oppenheimer
53 USD
Upside 43%
1 year ago
Feb 2, 2023
Oppenheimer Maintains Outperform on Bank of America, Raises Price Target to $53
Benzinga
Show More Price Targets
Show Less Price Targets
Steven Chubak
Wolfe Research
Price Target 42 USD
Upside/Downside 14%
View Source
Chris Kotowski
Oppenheimer
Price Target 45 USD
Upside/Downside 22%
View Source
James Fotheringham
BMO Capital
Price Target 37 USD
Upside/Downside 0%
View Source
Gerard Cassidy
RBC Capital
Price Target 39 USD
Upside/Downside 5%
View Source
David George
Robert W. Baird
Price Target 38 USD
Upside/Downside 3%
View Source
Mike Mayo
Wells Fargo
Price Target 44 USD
Upside/Downside 19%
View Source
Saul Martinez
HSBC
Price Target 39 USD
Upside/Downside 5%
View Source
James Fotheringham
Loop Capital Markets
Price Target 36 USD
Upside/Downside 3%
View Source
James Fotheringham
BMO Capital
Price Target 40 USD
Upside/Downside 8%
View Source
James Fotheringham
Loop Capital Markets
Price Target 40 USD
Upside/Downside 8%
View Source
Saul Martinez
HSBC
Price Target 35 USD
Upside/Downside 5%
View Source
Chris Kotowski
Oppenheimer
Price Target 47 USD
Upside/Downside 27%
View Source
Unknown Analyst
Oppenheimer
Price Target 53 USD
Upside/Downside 43%
View Source
Show More Price Targets
Show Less Price Targets
Bank of America Corp Competitors:
Price Targets
ISP
Intesa Sanpaolo SpA
12% Upside
KARURVYSYA
Karur Vysya Bank Ltd
10% Upside
8306
Mitsubishi UFJ Financial Group Inc
5% Upside
2892
First Financial Holding Co Ltd
1% Downside
ISP
Intesa Sanpaolo SpA
12% Upside
KARURVYSYA
Karur Vysya Bank Ltd
10% Upside
8306
Mitsubishi UFJ Financial Group Inc
5% Upside
2892
First Financial Holding Co Ltd
1% Downside
8304
Aozora Bank Ltd
9% Downside
1010
Riyad Bank SJSC
23% Upside
O
OTP
OTP Bank Nyrt
10% Upside
BANKBARODA
Bank of Baroda Ltd
8% Upside

Revenue
Forecast

Revenue Estimate
Bank of America Corp

For the last 8 years the compound annual growth rate for Bank of America Corp's revenue is 2%. The projected CAGR for the next 3 years is 3%.

2%
Past Growth
3%
Estimated Growth
Estimates Accuracy
-2%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Bank of America Corp

For the last 8 years the compound annual growth rate for Bank of America Corp's net income is 7%. The projected CAGR for the next 3 years is 7%.

7%
Past Growth
7%
Estimated Growth
Estimates Accuracy
16%
Average Beat
What are analyst estimates?

See Also

Summary
BAC intrinsic value, competitors valuation, and company profile.
DCF Valuation
BAC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BAC stock valuation using valuation multiples.
Wall Street Estimates
BAC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BAC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is BAC's stock price target?
Price Target
39.77 USD

According to Wall Street analysts, the average 1-year price target for BAC is 39.77 USD with a low forecast of 34.34 USD and a high forecast of 48.3 USD.

What is Bank of America Corp's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Bank of America Corp's revenue is 2%. The projected CAGR for the next 3 years is 3%.

What is Bank of America Corp's Net Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Bank of America Corp's net income is 7%. The projected CAGR for the next 3 years is 7%.

ALPHA SPREAD
Join more than 129,500+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.