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Wells Fargo (WFC)’s 2026 Outlook: Analyst Revisions and Investor Guidance

Wells Fargo & Company (NYSE:WFC) is one of the best cheapest stocks to buy on Robinhood. On March 17, Truist Securities analyst John McDonald lowered his price target on Wells Fargo & Company (NYSE:WFC) from $98 to $94, while keeping a Buy rating on the stock. McDonald explained that the cut was driven by a softer net interest income (NII) outlook. Truist trimmed its NII estimates after adopting a lower net interest margin assumption, which brought its model in line with Wells Fargo’s own FY2026 guidance of approximately $50 billion in NII.

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The firm revised its model ahead of Wells Fargo’s Q1 2026 results, due in a month’s time on April 14, and followed a direct investor call between Truist and Wells Fargo’s Head of Investor Relations, John Campbell.

In the revised model, Truist held its FY2026 and FY2027 earnings per share, or EPS, estimates at $6.85 and $7.80, respectively. The firm flagged trading revenue mix and overall fee income as the key wildcards that could push numbers in either direction. On capital returns, Truist revised its share buyback assumption downward to $3.5 billion per quarter in FY2026 and $4.0 billion in FY2027.

Wells Fargo & Company (NYSE:WFC) provides consumer banking, commercial banking, investment, and mortgage services across the United States. Its products include checking and savings accounts, credit cards, auto loans, small business lending, and wealth management solutions.

While we acknowledge the risk and potential of WFC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WFC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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