57/100BBank of America stock forecast 2026–2030
Analysts' average 12-month price target for Bank of America is 66.00, 27.9% above the current price of 51.62. Their targets range from 60.00 to 75.00.
Of the 18 firms that rated Bank of America in the past 12 months, 14 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating); on average they come to Buy.
Analysts' 1-year price targets range from 60.00 to 75.00, with an average of 66.00.
| Strong buy | 0 | |
| Buy | 14 | |
| Hold | 4 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 75.00 |
| Average target | 66.00 |
| Lowest target | 60.00 |
| Current price | 51.62 |
Bank of America price target history
Have analysts recently raised or lowered their Bank of America price target and rating?
How analysts rate Bank of America, month by month
14 of 18 firms rate it buy now, against 15 of 18 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Bank of America analyst upgrades, downgrades and price targets
The latest rating change came on 15 October 2026, when Baird upgraded Bank of America from Neutral to Outperform. The most recent new target came from Wells Fargo on 15 October 2026: 64.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 15 Oct 2026 | Wells Fargo | Reiterated · Overweight | 69.00 → 64.00 | -7.2% | 51.39 |
| 15 Oct 2026 | Morgan Stanley Manan Gosalia | Reiterated · Overweight | 67.00 → 61.00 | -9.0% | 51.39 |
| 15 Oct 2026 | Barclays | Reiterated · Overweight | 71.00 → 68.00 | -4.2% | 51.39 |
| 15 Oct 2026 | RBC Capital Gerard Cassidy | Reiterated · Outperform | 65.00 → 60.00 | -7.7% | 51.39 |
| 15 Oct 2026 | Baird | Upgraded · Neutral → Outperform | — | — | — |
| 6 Oct 2026 | Redburn Partners | — | 72.00 | — | 54.00 |
| 5 Oct 2026 | UBS | Reiterated · Buy | 70.00 → 67.00 | -4.3% | 53.75 |
| 1 Oct 2026 | Evercore ISI | Reiterated · Outperform | 63.00 → 62.00 | -1.6% | 54.43 |
| 3 Aug 2026 | UBS | Reiterated · Buy | 68.00 → 70.00 | +2.9% | 61.95 |
| 15 Jul 2026 | Truist Financial | Reiterated · Buy | 64.00 → 65.00 | +1.6% | 61.74 |
| 15 Jul 2026 | Argus Research Stephen Biggar | — | 70.00 | — | 61.79 |
| 15 Jul 2026 | RBC Capital | Reiterated · Outperform | 65.00 | — | 60.62 |
| 15 Jul 2026 | Robert W. Baird | — | 62.00 | — | 60.62 |
| 15 Jul 2026 | Wells Fargo | Reiterated · Overweight | 67.00 → 69.00 | +3.0% | 60.62 |
| 14 Jul 2026 | Jefferies | — | 75.00 | — | 60.64 |
| 7 Jul 2026 | UBS | Reiterated · Buy | 57.00 → 68.00 | +19.3% | 60.54 |
| 6 Jul 2026 | Evercore ISI | Reiterated · Outperform | 59.00 → 63.00 | +6.8% | 59.63 |
| 6 Jul 2026 | Wells Fargo | Reiterated · Overweight | 62.00 → 67.00 | +8.1% | 58.73 |
| 30 Jun 2026 | Oppenheimer | Downgraded · Outperform → Perform | — | — | — |
| 29 Jun 2026 | Morgan Stanley Manan Gosalia | Reiterated · Overweight | 64.00 → 67.00 | +4.7% | 57.96 |
| 26 Jun 2026 | Truist Financial John McDonald | Reiterated · Buy | 61.00 → 64.00 | +4.9% | 57.66 |
| 16 Apr 2026 | Piper Sandler | Reiterated · Neutral | 56.00 → 59.00 | +5.4% | 54.23 |
| 16 Apr 2026 | Truist Financial | Reiterated · Buy | 57.00 → 61.00 | +7.0% | 54.23 |
| 16 Apr 2026 | Oppenheimer | Reiterated · Outperform | 61.00 | — | 54.22 |
| 26 Mar 2026 | Truist Financial John McDonald | Reiterated · Buy | 60.00 → 57.00 | -5.0% | 48.24 |
| 15 Jan 2026 | Morgan Stanley | Reiterated · Overweight | 68.00 → 64.00 | -5.9% | 52.89 |
| 15 Jan 2026 | Evercore ISI | Reiterated · Outperform | 59.00 | — | 52.60 |
| 15 Jan 2026 | Truist Financial | Reiterated · Buy | 62.00 → 60.00 | -3.2% | 52.48 |
| 7 Jan 2026 | HSBC Saul Martinez | — | 50.00 | — | 55.94 |
| 7 Jan 2026 | Wolfe Research | Downgraded · Outperform → Peer Perform | — | — | — |
| 6 Jan 2026 | Truist Financial | Reiterated · Buy | 58.00 → 62.00 | +6.9% | 56.89 |
| 6 Jan 2026 | Goldman Sachs Richard Ramsden | Reiterated · Buy | 55.00 → 64.00 | +16.4% | 56.89 |
| 5 Jan 2026 | Barclays | Reiterated · Overweight | 71.00 | — | 55.95 |
| 18 Dec 2025 | Truist Financial | Reiterated · Buy | 56.00 → 58.00 | +3.6% | 54.80 |
| 12 Dec 2025 | Morgan Stanley | Reiterated · Overweight | 66.00 → 68.00 | +3.0% | 54.72 |
| 11 Dec 2025 | Piper Sandler | Reiterated · Neutral | 55.00 → 56.00 | +1.8% | 54.09 |
Bank of America EPS and revenue estimates
Analysts expect Bank of America's EPS to grow 14.8% a year until 2028. Over the last 5 years it grew 15.4% a year, and over the last 3 years 6.2%.
Analysts expect Bank of America's revenue to fall 10.6% a year until 2028. Over the last 5 years it grew 15.4% a year, and over the last 3 years it grew 18.5%.
Revenue
EPS
Does Bank of America beat earnings estimates?
On average, analysts' EPS estimate was 6.0% off the result, either way, and their revenue estimate 1.4%, over the last 12 quarters.
- EPS beats
- 96 / 124
- Revenue beats
- 83 / 112
- Average EPS surprise, last 12
- +5.7%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 14 Oct 2026 | 1.10 | 1.08 | -1.8% | 30.58B | 30.00B | -1.9% |
| Q2 FY2026 | 14 Jul 2026 | 1.13 | 1.21 | +7.1% | 30.78B | 31.56B | +2.5% |
| Q1 FY2026 | 15 Apr 2026 | 1.01 | 1.11 | +9.9% | 29.95B | 30.27B | +1.1% |
| Q4 FY2025 | 14 Jan 2026 | 0.96 | 0.98 | +2.3% | 27.76B | 28.37B | +2.2% |
| Q3 FY2025 | 15 Oct 2025 | 0.95 | 1.06 | +11.3% | 27.52B | 28.09B | +2.1% |
| Q2 FY2025 | 16 Jul 2025 | 0.86 | 0.89 | +3.5% | 26.72B | 26.46B | -1.0% |
| Q1 FY2025 | 15 Apr 2025 | 0.82 | 0.90 | +10.2% | 26.98B | 27.37B | +1.4% |
| Q4 FY2024 | 16 Jan 2025 | 0.78 | 0.82 | +5.1% | 25.12B | 25.35B | +0.9% |
| Q3 FY2024 | 15 Oct 2024 | 0.77 | 0.81 | +5.2% | 25.25B | 25.35B | +0.4% |
| Q2 FY2024 | 16 Jul 2024 | 0.80 | 0.83 | +3.7% | 25.22B | 25.38B | +0.6% |
| Q1 FY2024 | 16 Apr 2024 | 0.76 | 0.83 | +9.2% | 25.49B | 25.82B | +1.3% |
| Q4 FY2023 | 12 Jan 2024 | 0.68 | 0.70 | +2.9% | 23.70B | 23.50B | -0.9% |
Bank of America stock price 2026–2030: scenarios
If Bank of America's earnings keep growing at the 14.7% a year analysts expect to FY2028, it would earn about 7.61 a share in FY2030. At the P/E it has traded at over the last five years (10.3 to 14.2) that is 78.48 to 107.83 a share, or 93.16 at its average P/E of 12.2. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 4.36 | 45.02 | 53.43 | 61.85 |
| FY2027 | 5.12 | 52.81 | 62.68 | 72.55 |
| FY2028 | 5.78 | 59.65 | 70.80 | 81.95 |
| FY2029 (extrapolated) | 6.63 | 68.42 | 81.21 | 94.00 |
| FY2030 (extrapolated) | 7.61 | 78.48 | 93.16 | 107.83 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 14.7% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (10.3, 12.2, 14.2).
Is Bank of America stock undervalued or overvalued?
Bank of America's P/E of 12.1 is around the middle of its 5-year range (7.2 to 17.2, median 12.5). It is in line with its own history. Buyers pay about the usual price for each point of growth: a PEG of 0.8 on expected growth against 0.8 on its median P/E and past five years' growth. At its usual P/E (12.5 × EPS of 4.26), Bank of America's fair value is 53.26, close to the price of 51.62. Its forward P/E, on the consensus for FY2026, is 11.8.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (7.2 and 17.2). The price against its P/E range
- Price to earnings ratio (TTM)
- 12.12
- Five-year median P/E
- 12.50
- Five-year P/E range
- 7.2 – 17.2
- Forward P/E (FY2026)
- 11.83
- PEG ratio
- 0.82
- To the average target
- +27.9%
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Furthest below the fair value on each stock's page, updated every day.