Bank of America (BAC) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

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Bank of America (BAC) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Bank of America (BAC) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

The average price target for Bank of America is $39.71. This is based on 24 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $46.00 ,the lowest forecast is $33.00. The average price target represents -0.70% Decrease from the current price of $39.99.

What is the prediction for BAC stock? ›

Based on short-term price targets offered by 22 analysts, the average price target for Bank of America comes to $38.96. The forecasts range from a low of $33.00 to a high of $46.00. The average price target represents an increase of 0.85% from the last closing price of $38.63.

What is the analyst forecast for Bank of America? ›

Bank of America Stock Forecast

The 17 analysts with 12-month price forecasts for Bank of America stock have an average target of 39.02, with a low estimate of 33 and a high estimate of 46. The average target predicts a decrease of -0.38% from the current stock price of 39.17.

What is the analyst price target for BAC? ›

Stock Price Target
High$46.00
Low$34.00
Average$40.25
Current Price$39.17

What is the price target for BAC in 2024? ›

Consensus Price Target
High Forecast$46.00
Average Forecast$38.70
Low Forecast$27.50

Is BAC stock worth buying? ›

Is BAC a Buy, Sell or Hold? Bank of America has a consensus rating of Moderate Buy which is based on 12 buy ratings, 11 hold ratings and 1 sell ratings.

What will BAC be worth in 2025? ›

Long-Term Bank Of America Stock Price Predictions
YearPredictionChange
2025$ 42.449.86%
2026$ 46.6220.68%
2027$ 51.2132.58%
2028$ 56.2645.64%
2 more rows

What is the fair value of BAC? ›

As of 2024-05-30, the Fair Value of Bank of America Corp (BAC) is 16 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 38.72 USD, the upside of Bank of America Corp is -58.7%.

Where will Bank of America stock be in 5 years? ›

Bank of America stock price stood at $38.74

According to the latest long-term forecast, Bank of America price will hit $40 by the middle of 2024 and then $50 by the end of 2025. Bank of America will rise to $60 within the year of 2026, $65 in 2027, $75 in 2028, $85 in 2029, $95 in 2030, $100 in 2032 and $110 in 2034.

What stocks are a strong buy right now? ›

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Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Microsoft (MSFT)1.33Strong Buy
Bio-Techne (TECH)1.39Strong Buy
Alexandria Real Estate Equities (ARE)1.39Strong Buy
Emerson Electric (EMR)1.39Strong Buy
21 more rows

How accurate are analyst price targets? ›

We find that analysts' target forecasts tend to commit systematically upward bias (9.4%), large absolute pricing error (24.8%), over-prediction of the actual price changes (21%), and a low proportion (54%) of correct directional forecasts.

What is the analyst prediction for target? ›

The average price target for Target is $183.11. This is based on 29 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $210.00 ,the lowest forecast is $153.00.

Is BAC in the Nasdaq? ›

Bank of America Corporation Common Stock (BAC) Stock Price, Quote, News & History | Nasdaq.

What is the Bank of America prediction for 2024? ›

Price Range for 2024: $39.50–$44.17 (as for May 15, 2024). Coin Price Forecast's 2024 prediction for Bank of America (BAC) stock suggests modest growth from $39.5 to $44.2 over the year.

How long will BAC continue to rise? ›

It is based on the fact that blood alcohol concentration (“BAC”) levels continue to rise even after someone stops drinking. When someone consumes an alcoholic beverage, blood alcohol rises rapidly. It continues to rise until it reaches a peak level anywhere from 30 minutes to two hours later.

Is BAC overvalued? ›

Compared to the current market price of 39.56 USD, Bank of America Corp is Undervalued by 20%.

Who owns the most shares of BAC? ›

Institutional investors

Berkshire Hathaway (BRK. A -1.12%)(BRK. B -0.86%): Warren Buffett's Berkshire Hathaway is the largest Bank of America shareholder, with 1.03 billion shares amounting to a 13% stake.

Why BAC is going down? ›

Bank of America (BAC 2.14%) recently disappointed the market with its first-quarter earnings report as the stock fell 3.5% in a day. The nation's No. 2 bank by assets beat Wall Street estimates but reported a decline in net interest income due to higher deposit rates.

What is the BOC stock price forecast for 2025? ›

Boston Omaha Corporation Stock Prediction 2025

The Boston Omaha Corporation stock prediction for 2025 is currently $ 16.16, assuming that Boston Omaha Corporation shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 9.28% increase in the BOC stock price.

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