Bank of America Corp
NYSE:BAC

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Bank of America Corp
NYSE:BAC
Watchlist
Price: 38.46 USD 0.76% Market Closed
Updated: Aug 14, 2024
Section:
Wall Street Price Targets
Wall Street Price Targets
Revenue Forecast
Net Income Forecast
See Also

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 46.83 USD with a low forecast of 39.39 USD and a high forecast of 54.6 USD.

BAC Lowest Forecast
Wall Street Target
39.39 USD
2% Upside
BAC Average Forecast
Wall Street Target
46.83 USD
22% Upside
BAC Highest Forecast
Wall Street Target
54.6 USD
42% Upside
Lowest
Price Target
39.39 USD
2% Upside
Average
Price Target
46.83 USD
22% Upside
Highest
Price Target
54.6 USD
42% Upside

BAC Last Price Targets
Bank of America Corp

The latest public price target was made on Aug 6, 2024 by Kenneth Leon from CFRA , who expects BAC stock to rise by 1% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Kenneth Leon
CFRA
39 USD
Upside 1%
1 week ago
Aug 6, 2024
CFRA Upgrades Bank of America (BAC) to Hold
StreetInsider
Gerard Cassidy
RBC Capital
46 USD
Upside 20%
4 weeks ago
Jul 17, 2024
Bank of America price target raised to $46 from $39 at RBC Capital
TheFly
Richard Ramsden
Goldman Sachs
45 USD
Upside 17%
4 weeks ago
Jul 16, 2024
Bank of America's Growth Boosted by Strong Fees and Operating Efficiency: Goldman Sachs Analyst
Benzinga
Scott Siefers
Piper Sandler
42 USD
Upside 9%
1 month ago
Jul 9, 2024
Bank of America upgraded to Neutral from Underweight at Piper Sandler
TheFly
Jay McCanless
Wedbush
144 USD
Upside 274%
1 month ago
Jul 9, 2024
This Bank of America Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday
Benzinga
Glenn Schorr
Evercore ISI
43 USD
Upside 12%
1 month ago
Jul 3, 2024
Bank of America price target raised to $43 from $41 at Evercore ISI
TheFly
Unknown Analyst
Jefferies
41 USD
Upside 7%
1 month ago
Jul 3, 2024
Bank of America price target raised to $41 from $39 at Jefferies
TheFly
Jim Mitchell
Seaport Global
48 USD
Upside 25%
1 month ago
Jul 2, 2024
Seaport Global Securities Upgrades Bank of America (BAC) to Buy
StreetInsider
Mark Mahaney
Evercore ISI
75 USD
Upside 95%
2 months ago
Jun 14, 2024
This Bank of America Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday
Benzinga
Scott Siefers
Piper Sandler
37 USD
Downside 4%
2 months ago
Jun 4, 2024
Bank of America (BAC) PT Raised to $37 at Piper Sandler
StreetInsider
Steven Chubak
Wolfe Research
42 USD
Upside 9%
3 months ago
Apr 19, 2024
Wolfe Research Upgrades Bank of America (BAC) to Outperform, 'Underearning Firms Shouldn’t Trade at a Discount'
StreetInsider
Gerard Cassidy
RBC Capital
39 USD
Upside 1%
3 months ago
Apr 17, 2024
RBC Capital Reiterates Outperform Rating on Bank of America (BAC)
StreetInsider
James Fotheringham
BMO Capital
37 USD
Downside 4%
3 months ago
Apr 17, 2024
Bank of America (BAC) PT Raised to $37 at BMO Capital
StreetInsider
David George
Robert W. Baird
38 USD
Downside 1%
3 months ago
Apr 17, 2024
Bank of America (BAC) PT Raised to $38 at Baird
StreetInsider
Chris Kotowski
Oppenheimer
45 USD
Upside 17%
3 months ago
Apr 17, 2024
Bank Of America Loan Growth Is Better Than Peers, Analysts Predict 'Good Core Operating Leverage'
Benzinga
Mike Mayo
Wells Fargo
44 USD
Upside 14%
4 months ago
Mar 28, 2024
Bank of America (BAC) PT Raised to $44 at Wells Fargo
StreetInsider
Saul Martinez
HSBC
39 USD
Upside 1%
4 months ago
Mar 28, 2024
HSBC Downgrades Bank of America (BAC) to Hold
StreetInsider
James Fotheringham
Loop Capital Markets
36 USD
Downside 6%
6 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 4%
7 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 4%
9 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 9%
9 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 22%
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 38%
1 year ago
Feb 2, 2023
Oppenheimer Maintains Outperform on Bank of America, Raises Price Target to $53
Benzinga
Show More Price Targets
Kenneth Leon
CFRA
Price Target 39 USD
Upside/Downside 1%
View Source
Gerard Cassidy
RBC Capital
Price Target 46 USD
Upside/Downside 20%
View Source
Richard Ramsden
Goldman Sachs
Price Target 45 USD
Upside/Downside 17%
View Source
Scott Siefers
Piper Sandler
Price Target 42 USD
Upside/Downside 9%
View Source
Jay McCanless
Wedbush
Price Target 144 USD
Upside/Downside 274%
View Source
Show More Price Targets
Bank of America Corp Competitors:
Price Targets
H
HDB
Ho Chi Minh City Development Joint Stock Commercial Bank
30% Upside
BNLI
Bank Permata Tbk PT
23% Downside
CIBEY
Commercial International Bank Egypt SAE
24% Upside
ABCB4
Banco ABC Brasil SA
15% Upside
H
HDB
Ho Chi Minh City Development Joint Stock Commercial Bank
30% Upside
BNLI
Bank Permata Tbk PT
23% Downside
CIBEY
Commercial International Bank Egypt SAE
24% Upside
ABCB4
Banco ABC Brasil SA
15% Upside
UNIONBANK
Union Bank of India Ltd
42% Upside
ISCTR.E
Turkiye Is Bankasi AS
31% Upside
CUB
City Union Bank Ltd
15% Upside
INDUSINDBK
Indusind Bank Ltd
35% 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 5%.

2%
Past Growth
5%
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 11%.

7%
Past Growth
11%
Estimated Growth
Estimates Accuracy
17%
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
46.83 USD

According to Wall Street analysts, the average 1-year price target for BAC is 46.83 USD with a low forecast of 39.39 USD and a high forecast of 54.6 USD.

What is Bank of America Corp's Revenue forecast?
Projected CAGR
5%

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 5%.

What is Bank of America Corp's Net Income forecast?
Projected CAGR
11%

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 11%.

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