Bank of America Corporation (BAC)
NYSE: BAC · Real-Time Price · USD
57.88
-0.31 (-0.53%)
At close: Jun 26, 2026, 4:00 PM EDT
58.05
+0.17 (0.29%)
After-hours: Jun 26, 2026, 7:52 PM EDT

Bank of America Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Bank of America stock have an average target of 61.61, with a low estimate of 55 and a high estimate of 71. The average target predicts an increase of 6.44% from the current stock price of 57.88.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $55 $61.61 $61 $71
Change -4.98% +6.44% +5.39% +22.67%

Analyst Ratings

The average analyst rating for Bank of America stock from 24 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 151517161616
Buy 677666
Hold 543322
Sell 000000
Strong Sell 000000
Total 262627252424

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Financial
Truist Financial
Buy
Maintains
$61$64
Buy Maintains $61$64 +10.57% Jun 26, 2026
Barclays
Barclays
Buy
Maintains
$71
Buy Maintains $71 +22.67% Jun 25, 2026
Citi
Citi
Buy
Maintains
$62$66
Buy Maintains $62$66 +14.03% Jun 23, 2026
RBC Capital
RBC Capital
Buy
Maintains
$59
Buy Maintains $59 +1.94% Jun 22, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$65
Buy Reiterates $65 +12.30% May 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
121.37B
from 113.10B
Increased by 7.31%
Revenue Next Year
127.19B
from 121.37B
Increased by 4.80%
EPS This Year
4.48
from 3.81
Increased by 17.56%
EPS Next Year
5.08
from 4.48
Increased by 13.45%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027 Dec 31, 2028
Revenue
94.95B98.58B101.89B113.10B121.37B127.19B132.02B
Revenue Growth
-3.82%3.35%11.00%7.31%4.80%3.80%
EPS
3.193.083.213.814.485.055.69
EPS Growth
--3.45%4.22%18.69%17.48%12.89%12.55%
Forward PE
----12.9311.4610.18
No. Analysts ----11123
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 123.4B 129.5B
Avg 121.4B 127.2B
Low 120.5B 125.9B

Revenue Growth

Revenue Growth 202620272028
High
9.1%
6.7%
Avg
7.3%
4.8%
Low
6.6%
3.7%

EPS Forecast

EPS 202620272028
High 4.65 5.30
Avg 4.48 5.08
Low 4.38 4.79

EPS Growth

EPS Growth 202620272028
High
22.0%
18.3%
Avg
17.6%
13.5%
Low
15.0%
6.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.