Quick Highlights:
- Bank of America (BAC, Financial) anticipates a 3.6% increase in revenues despite current economic challenges.
- Analysts project a potential upside of over 43% for BAC's stock price.
- Bank of America's stock is rated "Outperform," reflecting positive investor sentiment.
Bank of America (BAC) is gearing up to reveal its Q1 2025 financial results on April 15, with an expected revenue surge of 3.6%, totaling $26.74 billion. Despite facing headwinds like rising credit loss provisions, BAC's net interest income is projected to climb by 2.8%, supported by stable interest rates.
Wall Street Analysts Forecast
In an analysis involving 22 experts, Bank of America Corp (BAC, Financial) receives an average one-year price target of $48.32. The forecasts range from a high of $58.00 to a low of $33.90. With BAC's current price at $33.63, this average estimate suggests a remarkable potential upside of 43.69%. For more in-depth forecast details, visit the Bank of America Corp (BAC) Forecast page.
In terms of brokerage recommendations, BAC carries an average score of 1.9 from 25 firms, indicating an "Outperform" rating. This robust position on the rating scale (where 1 signifies a Strong Buy and 5 means Sell) underscores Wall Street's confidence in BAC's performance.
According to GuruFocus estimates, the projected GF Value for BAC over the next year is $43.44. This figure suggests a potential upside of 29.19% from the current stock price of $33.625. The GF Value is derived from historical trading multiples, business growth patterns, and anticipated future performance metrics. To access a comprehensive dataset, check out the Bank of America Corp (BAC, Financial) Summary page.
