Wells Fargo & Company (NYSE:WFC) Now Covered by Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Wells Fargo & Company (NYSE:WFC) in a report released on Thursday. The firm set a “buy” rating and a $100.00 price target on the financial services provider’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 24.63% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $100.00 price target on shares of Wells Fargo & Company in a report on Thursday, January 15th. Freedom Capital lowered Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Keefe, Bruyette & Woods increased their price target on Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. Truist Financial decreased their price target on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Wednesday, January 21st. Fourteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $96.98.

Wells Fargo & Company Stock Up 0.8%

Shares of WFC opened at $80.24 on Thursday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The business has a fifty day moving average of $84.99 and a 200 day moving average of $86.28. The company has a market cap of $247.58 billion, a PE ratio of 12.80, a P/E/G ratio of 0.87 and a beta of 1.08. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.43 earnings per share. On average, sell-side analysts expect that Wells Fargo & Company will post 5.89 EPS for the current year.

Insider Activity

In related news, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the transaction, the executive vice president owned 169,496 shares of the company’s stock, valued at $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction on Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the sale, the executive vice president directly owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 115,000 shares of company stock valued at $10,050,000. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Wells Fargo & Company

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Private Wealth Group LLC increased its position in Wells Fargo & Company by 2.5% during the 4th quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 108 shares during the period. Nixon Peabody Trust Co. boosted its stake in shares of Wells Fargo & Company by 3.6% during the fourth quarter. Nixon Peabody Trust Co. now owns 3,351 shares of the financial services provider’s stock valued at $312,000 after purchasing an additional 115 shares in the last quarter. Simmons Bank boosted its stake in shares of Wells Fargo & Company by 1.9% during the fourth quarter. Simmons Bank now owns 6,359 shares of the financial services provider’s stock valued at $593,000 after purchasing an additional 116 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in Wells Fargo & Company by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider’s stock valued at $1,123,000 after buying an additional 117 shares during the period. Finally, Main Street Group LTD increased its holdings in Wells Fargo & Company by 36.9% during the third quarter. Main Street Group LTD now owns 438 shares of the financial services provider’s stock valued at $37,000 after buying an additional 118 shares during the period. Institutional investors own 75.90% of the company’s stock.

Key Stories Impacting Wells Fargo & Company

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Analysts expect double‑digit profit growth for Wells Fargo in Q1, which supports upside if results meet or beat estimates. Strong prior quarterly earnings (Jan) and moderating headwinds leave room for upside surprises. Wells Fargo’s Q1 2026 Earnings: What to Expect
• Positive Sentiment: Wells Fargo provided a $2.25M philanthropic grant to the ICA Fund to support Bay Area small businesses — a reputational / community-engagement positive that can support brand and deposit/business relationships over time. ICA Fund Announces $2.25 Million in New Funding From Wells Fargo
• Positive Sentiment: Options-market activity note: a Wells Fargo trade idea highlighting selling an April $75 put on WFC (premium income strategy) signals investor interest in generating yield or acquiring WFC stock at a discount — can support bid-side demand around current levels. Wells Fargo Trade Idea: 7% Discount or 30% Annual Income?
• Neutral Sentiment: Wells Fargo economists commented on a weak two‑year Treasury auction as reflecting cautious investor positioning — a macro view that influences bank trading and funding conditions but is not a direct company-specific catalyst. Weak two-year note auction reflects a ‘bunker mentality’
• Neutral Sentiment: Wells Fargo analysts remain active issuing research on other companies (Phreesia, SoFi, Cheniere, Zscaler), demonstrating the bank’s continuing equity‑research footprint; indirect relevance to WFC is limited but underscores continued franchise activity. Phreesia: Buy Rating Maintained SoFi labelled a “Digital Leader”
• Negative Sentiment: CEO Charlie Scharf warned of credit losses ahead as private credit firms limit withdrawals — this management commentary raises loan‑loss concerns and could pressure the stock if provisions rise. Wells Fargo CEO warns of credit losses ahead
• Negative Sentiment: Outside analysts have trimmed Wells Fargo price targets and expectations (Goldman Sachs noted lower expectations; Truist trimmed its PT) — analyst downgrades/target cuts can weigh on sentiment if they continue. Goldman Sachs Lowers Expectations Analyst revisions and investor guidance

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.