Bank of America Corporation (BAC) offers banking and financial products with a market cap of $379.9 billion. Shares have underperformed the S&P 500, but recently reported Q4 results beating expectations. Analysts expect EPS to grow 13.1% this year, with a consensus of a “Strong Buy” rating from 27 analysts.
BAC’s stock fell 5.4% in 2026, while the broader market rose. Pressure on the sector from proposed credit card interest rate caps led to a sell-off in financial stocks. Despite this, analysts remain optimistic, with a potential upside of 23% from current levels according to Morgan Stanley.
SPDR S&P Bank ETF has outperformed BAC recently, but the stock has shown strong earnings surprise history. The mean price target of $61.50 represents an 18.2% premium to current prices, with a street-high target of $71 suggesting a potential upside of 36.5%. Configuration is less bullish than a month ago.
Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Bank of America Stock?
