Wells Fargo (WFC) stock was on the rise Tuesday after the financial firm released its Q3 2025 earnings report. That report started with diluted earnings per share of $1.66, better than Wall Street’s estimate of $1.55. The company’s diluted EPS also jumped 16.9% year-over-year from $1.42.
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Wells Fargo reported revenue of $21.44 billion during the quarter, which surpassed analysts’ estimate of $21.15 billion. The company’s revenue climbed 5.3% year-over-year from $20.37 billion. This revenue gain was powered by a 13% increase in Credit Card, a 6% boost to Consumer, Small and Business Banking, and a 3% jump in Home Lending.
Wells Fargo stock was up 3.27% in pre-market trading on Tuesday, following a 1.67% jump yesterday. The shares have rallied 14.19% year-to-date and 25.21% over the past 12 months.
Wells Fargo Guidance
Wells Fargo provided a guidance update within its latest earnings report. The company expects a 17% to 18% return on average tangible common equity (ROTCE) over the medium term, compared to its prior estimate of 15%. It increased this after the Federal Reserve lifted a $1.95 trillion asset cap that had been in place over the last seven years. This was related to its fake accounts scandal.
Wells Fargo Chairman and CEO Charlie Scharf said, “I’m excited about the continued progress we are making on our strategic priorities which is improving our financial performance. I am more optimistic than ever about our path forward as we continue to leverage our strong franchise to position us for long-term growth.”
Is Wells Fargo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Wells Fargo is Moderate Buy, based on 11 Buy and five Hold ratings over the past three months. With that comes an average WFC stock price target of $89.18, representing a potential 13% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
