Bank of America Corporation (BAC)

Bank of America Stock Forecast

Stock Price Forecast

According to 18 professional analysts, the 12-month price target for Bank of America stock ranges from a low of $42 to a high of $57. The average analyst price target of $50.14 forecasts a 6.14% increase in the stock price over the next year.

Price Target: $50.14 (+6.14%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$42	$50.14	$52	$57
Change	-11.09%	+6.14%	+10.08%	+20.66%

Analyst Ratings

The average analyst rating for Bank of America stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	6	6	6	7	6	6
Buy	10	10	10	9	9	9
Hold	5	3	3	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	0	0
Total	22	20	20	21	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Kotowski Oppenheimer	Oppenheimer	Buy Maintains $55 → $57	Buy	Maintains	$55 → $57	+20.66%	Jul 30, 2025
Chris Kotowski Oppenheimer	Oppenheimer	Buy Maintains $57 → $55	Buy	Maintains	$57 → $55	+16.43%	Jul 17, 2025
John McDonald Truist Securities	Truist Securities	Strong Buy Maintains $51 → $53	Strong Buy	Maintains	$51 → $53	+12.19%	Jul 9, 2025
Saul Martinez HSBC	HSBC	Strong Buy → Hold Downgrades $47 → $51	Strong Buy → Hold	Downgrades	$47 → $51	+7.96%	Jul 8, 2025
Gerard Cassidy RBC Capital	RBC Capital	Buy Maintains $45 → $53	Buy	Maintains	$45 → $53	+12.19%	Jun 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

109.93B

Increased by 14.43%

from 96.07B

Revenue Next Year

116.35B

Increased by 5.84%

from 109.93B

EPS This Year

3.64

Increased by 13.49%

from 3.21

EPS Next Year

4.27

Increased by 17.27%

from 3.64

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	74.21B	93.71B	92.41B	95.79B	96.07B	109.93B	116.35B	122.42B
Revenue Growth	-13.29%	26.28%	-1.39%	3.66%	0.29%	14.43%	5.84%	5.22%
EPS	1.87	3.57	3.19	3.08	3.21	3.64	4.27	4.74
EPS Growth	-32.00%	90.91%	-10.64%	-3.45%	4.22%	13.49%	17.27%	10.99%
Forward PE	-	-	-	-	-	12.97	11.06	9.96
No. Analysts	-	-	-	-	-	25	25	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	116.7B	124.0B	130.9B
Avg	109.9B	116.4B	122.4B
Low	105.5B	110.3B	116.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.5%	12.8%	12.5%
Avg	14.4%	5.8%	5.2%
Low	9.8%	0.3%	-0.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.96	4.85	5.65
Avg	3.64	4.27	4.74
Low	3.33	3.55	3.85

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	23.3%	33.2%	32.2%
Avg	13.5%	17.3%	11.0%
Low	3.8%	-2.6%	-9.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.