Zacks Equity Research
3 min read
Wells Fargo (WFC) closed the most recent trading day at $86.91, moving +1.58% from the previous trading session. This change outpaced the S&P 500’s 0.81% gain on the day. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
Shares of the biggest U.S. mortgage lender have appreciated by 4.38% over the course of the past month, outperforming the Finance sector’s gain of 4.07%, and the S&P 500’s gain of 1.13%.
Investors will be eagerly watching for the performance of Wells Fargo in its upcoming earnings disclosure. The company’s earnings report is set to be unveiled on July 14, 2026. The company is predicted to post an EPS of $1.74, indicating a 12.99% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $21.8 billion, up 4.71% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.99 per share and a revenue of $87.77 billion, representing changes of +11.31% and +4.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Wells Fargo. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts’ positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.29% higher within the past month. Wells Fargo is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Wells Fargo is currently being traded at a Forward P/E ratio of 12.24. This valuation marks a discount compared to its industry average Forward P/E of 14.49.
Meanwhile, WFC’s PEG ratio is currently 0.98. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company’s projected earnings growth. The Financial – Investment Bank industry had an average PEG ratio of 1.15 as trading concluded yesterday.
