Bank of America (BAC) stock forecast for 2023

The forecast has been updated: May 25, 2023 8:34


Bank of America stock price online today

Analyst Target Price

36.4

Dividend Date

30.06.2023

Ex Dividend Date

01.06.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Bank of America stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Bank of America stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $36.4 target price for Bank of America stock stock.

Today 200 Day Moving Average is the resistance level (32.83 $).

50 Day Moving Average is the resistance level (28.39 $).




BAC Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jun 28.02 26.47 28.94 8.54 %
Jul 28.34 26.89 29.68 9.42 %
Aug 28.99 27.83 29.60 5.96 %
Sep 27.14 26.12 28.06 6.91 %
Oct 26.02 25.48 26.91 5.35 %
Nov 27.50 26.02 28.04 7.21 %
Dec 26.88 26.22 27.50 4.65 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Bank of America stock.


Bank of America overview

Bank of America Address

BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE, NC, US

Market Capitalization

227 758 309 000 $

EBITDA

-

PE Ratio

8.58

PEG Ratio

87.48

Dividend Per Share

0.87

Dividend Yield

0.0311

EPS

3.33

Quarterly Earnings Growth YOY

0.175

Quarterly Revenue Growth YOY

0.092

Trailing PE

8.58

Forward PE

8.75

EV To Revenue

-

EV To EBITDA

-

52 Week High

38.13

52 Week Low

26.32

50 Day Moving Average

28.39

200 Day Moving Average

32.83

Shares Outstanding

7969150000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Bank of America stock forecast for this year


Bank of America stock forecast for Jun 2023.
Estimated Average Forecasted Bank of America Price: 28.02. Positive monthly dynamics of the instrument is expected with 8.539% volatility is expected.

Pessimistic forecast: 26.47

Optimistic: 28.94


Bank of America stock forecast for Jul 2023.
Estimated Average Forecasted Bank of America Price: 28.34. Positive monthly dynamics of the instrument is expected with 9.422% volatility is expected.

Pessimistic forecast: 26.89

Optimistic: 29.68


Bank of America stock forecast for Aug 2023.
Estimated Average Forecasted Bank of America Price: 28.99. Positive monthly dynamics of the instrument is expected with 5.965% volatility is expected.

Pessimistic forecast: 27.83

Optimistic: 29.60


Bank of America stock forecast for Sep 2023.
Estimated Average Forecasted Bank of America Price: 27.14. Negative monthly dynamics of the instrument is expected with 6.908% volatility is expected.

Pessimistic forecast: 26.12

Optimistic: 28.06


Bank of America stock forecast for Oct 2023.
Estimated Average Forecasted Bank of America Price: 26.02. Negative monthly dynamics of the instrument is expected with 5.347% volatility is expected.

Pessimistic forecast: 25.48

Optimistic: 26.91


Bank of America stock forecast for Nov 2023.
Estimated Average Forecasted Bank of America Price: 27.50. Positive monthly dynamics of the instrument is expected with 7.208% volatility is expected.

Pessimistic forecast: 26.02

Optimistic: 28.04


Bank of America stock forecast for Dec 2023.
Estimated Average Forecasted Bank of America Price: 26.88. Negative monthly dynamics of the instrument is expected with 4.652% volatility is expected.

Pessimistic forecast: 26.22

Optimistic: 27.50



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WFC 40.98 (30.05.2023) -0.61 %

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