Global Stock News

Bank of America Stock Is Up 23% in Three Months. Here’s Why Analysts Still See 10% More.

Bank of America Stock Is Up 23% in Three Months. Here’s Why Analysts Still See 10% More.

Key Takeaways for Bank of America Stock as of August 2026

  • 3-Month Surge: BAC stock climbed 23% since early June 2026, fueled by Q2 EPS of $1.21 (+34% YoY) on $31.6B in revenue (+15% YoY).
  • NII Raised Twice: Management pushed full-year NII growth guidance to the upper end of 6-8%, the second upward revision in 2026, with Q2 NII hitting ~$16.2B FTE.
  • Street Consensus: The ratings split sits at 15 buys, 5 outperforms, and 4 holds, and the $69 mean target from 22 estimates sits ~10% above the $62 close.
  • TIKR Model Upside: Mid-case target of $79 by December 2030 implies 26% total return, or 6% annualized.

The Street’s $69 target sits 10% above BAC stock, but TIKR’s model sees 26% total return. Analyze BAC on TIKR for…

Source link

Share this article

Scroll to Top