5 Best Undervalued Stocks to Buy Under $100

​3. Wells Fargo & Company (NYSE:WFC)

Price: $79.89

Fwd P/E Ratio: 11.31

Number of Hedge Fund Holders: 72

​Wells Fargo & Company (NYSE:WFC) is one of the Best Undervalued Stocks to Buy Under $100. Recently, on May 7, Phillip Securities upgraded Wells Fargo & Company (NYSE:WFC) to Buy from Accumulate with a $98 price target. Earlier on April 30, J.P. Morgan lowered the firm’s price target on the stock from $91 to $86.5 and maintained a Neutral rating on the shares.

​The ratings follow the company’s fiscal Q1 2026 earnings, reported on April 14. During the quarter, the company reported $21.45 billion in revenue, reflecting 6.44% year-over-year growth but below the consensus of $345 million. On the bright side, the GAAP EPS of $1.60 topped expectations by $0.02.

​Management noted growing diluted earnings per share by 15% year-over-year, reflecting improved profitability over the last year. Moreover, the revenue growth was attributed to a 5% increase in net interest income and an 8% increase in non-interest income.

The company has maintained 2026 net interest income guidance at roughly $50 billion and noninterest expense guidance at $55.7 billion. Separately, J.P. Morgan lowered the price target as part of the firm’s overall adjustment to the US large cap banks.

​Wells Fargo & Company (NYSE:WFC) is a leading multinational financial services institution founded in 1852 and headquartered in San Francisco, California. The company provides banking, investment, mortgage, treasury, and consumer/commercial finance services, while serving large corporate and institutional clients in more than 35 countries.