/Wells%20Fargo%20%26%20Co_%20bank%20logo-by%20jetcityimage%20via%20iStock.jpg)
With a market cap of $242.5 billion, Wells Fargo & Company (WFC) is a financial services company that provides diversified banking, investment, mortgage, and consumer and commercial finance products and services worldwide. The San Francisco, California-based company operates through four segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
Companies worth $200 billion or more are generally labeled as “mega-cap stocks”, and Wells Fargo & Company fits this description perfectly. The company offers a range of financial products and services, including financial planning, and also provides financial solutions.
The financial services company declined 8.6% from its 52-week high of $81.50. Shares of WFC have dropped 4.9% over the past three months, underperforming the Financial Select Sector SPDR Fund’s (XLF) 2.6% decrease.
On a YTD basis, WFC has gained 6.1%, outpacing XLF’s 5.2% return. Moreover, over the past 52 weeks, Wells Fargo & Company has surged 25.3%, slightly outperforming the XLF's 23.6% gain.
Despite some fluctuations, WFC has been trading above its 50-day moving average since early May and its 200-day moving average since late April.
Shares of WFC fell nearly 1% following the release of its mixed Q1 2025 results on Apr. 11. The company reported revenue of $20.1 billion, down 3.4% year-over-year, missing Wall Street expectations. The revenue decline was primarily driven by lower results in the Consumer Banking and Lending segment, as well as decreases in the Commercial Banking and Corporate segments. However, EPS came in at $1.39, up 15.8% from the prior-year quarter.
In contrast, rival Citigroup Inc. (C) has performed weaker than WFC over the past 52 weeks, rising 20.9%. However, shares of Citigroup have gained 7.3% on a YTD basis, slightly outpacing WFC.
Despite Wells Fargo & Company’s outperformance over the past year, analysts are cautiously optimistic about its prospects. WFC has a consensus rating of “Moderate Buy” from the 25 analysts covering the stock and, as of writing, is trading slightly below the mean price target of $78.52.
