Argus Forecasts Strong Price Appreciation for Bank of America (NYSE:BAC) Stock

Bank of America (NYSE:BAC) had its price target increased by equities research analysts at Argus from $58.00 to $59.00 in a report issued on Thursday,MarketScreener reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Argus’ price objective would indicate a potential upside of 12.32% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Barclays boosted their price target on Bank of America from $59.00 to $71.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. TD Cowen reduced their target price on shares of Bank of America from $66.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday. Daiwa Capital Markets lifted their price target on shares of Bank of America from $54.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Bank of America from $56.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Finally, Cowen reaffirmed a “buy” rating on shares of Bank of America in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $59.74.

Bank of America Price Performance

NYSE:BAC traded up $0.05 during mid-day trading on Thursday, hitting $52.53. 50,967,838 shares of the company’s stock traded hands, compared to its average volume of 42,986,859. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $383.59 billion, a PE ratio of 14.31 and a beta of 1.29. The firm’s 50 day simple moving average is $54.19 and its 200 day simple moving average is $51.15. Bank of America has a 1 year low of $33.06 and a 1 year high of $57.55.

Bank of America (NYSE:BAC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. Bank of America had a net margin of 15.70% and a return on equity of 10.76%. The company had revenue of $28.53 billion for the quarter, compared to the consensus estimate of $27.73 billion. During the same quarter in the prior year, the firm earned $0.82 earnings per share. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. Sell-side analysts expect that Bank of America will post 3.7 EPS for the current year.

Institutional Investors Weigh In On Bank of America

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quaker Wealth Management LLC grew its stake in Bank of America by 246.5% during the second quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock worth $25,000 after buying an additional 880 shares during the period. Wiser Advisor Group LLC acquired a new position in shares of Bank of America during the 3rd quarter valued at $27,000. RMG Wealth Management LLC acquired a new position in shares of Bank of America during the 2nd quarter valued at $28,000. Steph & Co. boosted its position in Bank of America by 224.3% during the 3rd quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 379 shares during the period. Finally, CGC Financial Services LLC increased its holdings in Bank of America by 585.4% in the 2nd quarter. CGC Financial Services LLC now owns 610 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 521 shares in the last quarter. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Bank of America

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: Q4 beat and healthy fundamentals — BAC topped EPS and revenue estimates, showed 10% NII growth, operating leverage from digital/AI initiatives and modest 2026 NII guidance (5%–7%), supporting continued earnings power. Bank of America Reports Fourth Quarter 2025 Financial Results
• Positive Sentiment: Large-bank tailwind: industry revenues were strong in 2025 (trading, lending, banking all busy), which supports BAC’s near-term revenue backdrop. Broad strength in the sector helps BAC’s trading and NII outlook. Wall Street Powers Nation’s Biggest Banks to Record Year
• Neutral Sentiment: Analysts maintain buy stance but trimmed price targets — several firms lowered PTs after Q4 while keeping constructive ratings (TD Cowen, Keefe, Truist, Morgan Stanley updates). That preserves Wall Street support but reduces upside expectations. These Analysts Revise Their Forecasts On Bank Of America After Q4 Earnings
• Neutral Sentiment: Dividend appeal and buy-the-dip commentary — some outlets highlight BAC as an attractive dividend/long-term hold after the pullback, suggesting income-focused investors may view the dip as a buying opportunity. Why Bank of America (BAC) is a Great Dividend Stock Right Now
• Negative Sentiment: Sector sell-off and valuation anxiety — banks including BAC fell after earnings as investors reassessed lofty valuations; the move looks sentiment-driven (stocks priced for perfection) and amplified by group momentum. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Regulatory overhang — reports of a proposed 10% cap on credit-card rates have become an overhang for bank stocks; even if passage is uncertain, the headline increases policy risk premium for issuers like BAC. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Investor reaction disconnect — social and trade commentary noted surprise that BAC fell despite the beat, with concerns around investment‑banking cadence and forward guidance weighing on near‑term sentiment. Bank of America Stock (BAC) Opinions on Q4 2025 Earnings Report

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.