Research Analysts’ Weekly Ratings Updates for Wells Fargo & Company (WFC)

A number of research firms have changed their ratings and price targets for Wells Fargo & Company (NYSE: WFC):

• 4/30/2026 – Wells Fargo & Company had its price target lowered by JPMorgan Chase & Co. from $91.00 to $86.50. They now have a “neutral” rating on the stock.
• 4/25/2026 – Wells Fargo & Company was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/20/2026 – Wells Fargo & Company had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/16/2026 – Wells Fargo & Company was downgraded by KGI Securities to “hold”.
• 4/15/2026 – Wells Fargo & Company had its “overweight” rating reaffirmed by Piper Sandler. They now have a $94.00 price target on the stock, down from $100.00.
• 4/15/2026 – Wells Fargo & Company had its price target lowered by Barclays PLC from $113.00 to $108.00. They now have an “overweight” rating on the stock.
• 4/15/2026 – Wells Fargo & Company had its price target lowered by Keefe, Bruyette & Woods from $101.00 to $98.00. They now have a “market perform” rating on the stock.
• 4/7/2026 – Wells Fargo & Company had its price target lowered by JPMorgan Chase & Co. from $99.50 to $91.00. They now have a “neutral” rating on the stock.
• 4/1/2026 – Wells Fargo & Company was upgraded by HSBC Holdings plc from “hold” to “buy”. They now have a $94.00 price target on the stock.
• 3/31/2026 – Wells Fargo & Company had its price target lowered by Morgan Stanley from $108.00 to $100.00. They now have an “equal weight” rating on the stock.
• 3/26/2026 – Wells Fargo & Company is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $100.00 price target on the stock.
• 3/25/2026 – Wells Fargo & Company was upgraded by Jefferies Financial Group Inc. to “strong-buy”.
• 3/23/2026 – Wells Fargo & Company had its price target lowered by The Goldman Sachs Group, Inc. from $109.00 to $93.00. They now have a “buy” rating on the stock.
• 3/17/2026 – Wells Fargo & Company had its price target lowered by Truist Financial Corporation from $98.00 to $94.00. They now have a “buy” rating on the stock.

Wells Fargo & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 8th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 27.78%.

Insiders Place Their Bets

In other news, EVP Ellen R. Patterson sold 60,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the sale, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. The trade was a 26.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the completion of the transaction, the executive vice president directly owned 79,876 shares of the company’s stock, valued at $7,006,722.72. The trade was a 23.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 115,000 shares of company stock valued at $10,050,000. 0.14% of the stock is currently owned by corporate insiders.

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.