Bank of America (BAC) stock forecast for 2024

The forecast has been updated: June 1, 2023 8:35


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 2024? How much will it cost in 2024? Bank of America stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

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 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 26.07 25.30 27.33 7.41 %
Feb 26.18 25.74 26.58 3.17 %
Mar 25.54 24.34 26.41 7.85 %
Apr 24.61 23.99 25.64 6.45 %
May 25.14 24.37 25.77 5.46 %
Jun 25.51 24.76 26.92 8.03 %
Jul 25.88 24.72 26.81 7.77 %
Aug 25.79 24.48 26.30 6.93 %
Sep 26.08 25.46 26.56 4.13 %
Oct 25.77 25.21 27.13 7.05 %
Nov 25.66 24.66 26.18 5.83 %
Dec 26.38 25.27 27.58 8.37 %

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 Jan 2024.
Estimated Average Forecasted Bank of America Price: 26.07. Positive monthly dynamics of the instrument is expected with 7.412% volatility is expected.

Pessimistic forecast: 25.30

Optimistic: 27.33


Bank of America stock forecast for Feb 2024.
Estimated Average Forecasted Bank of America Price: 26.18. Positive monthly dynamics of the instrument is expected with 3.171% volatility is expected.

Pessimistic forecast: 25.74

Optimistic: 26.58


Bank of America stock forecast for Mar 2024.
Estimated Average Forecasted Bank of America Price: 25.54. Negative monthly dynamics of the instrument is expected with 7.851% volatility is expected.

Pessimistic forecast: 24.34

Optimistic: 26.41


Bank of America stock forecast for Apr 2024.
Estimated Average Forecasted Bank of America Price: 24.61. Negative monthly dynamics of the instrument is expected with 6.449% volatility is expected.

Pessimistic forecast: 23.99

Optimistic: 25.64


Bank of America stock forecast for May 2024.
Estimated Average Forecasted Bank of America Price: 25.14. Positive monthly dynamics of the instrument is expected with 5.463% volatility is expected.

Pessimistic forecast: 24.37

Optimistic: 25.77


Bank of America stock forecast for Jun 2024.
Estimated Average Forecasted Bank of America Price: 25.51. Positive monthly dynamics of the instrument is expected with 8.026% volatility is expected.

Pessimistic forecast: 24.76

Optimistic: 26.92


Bank of America stock forecast for Jul 2024.
Estimated Average Forecasted Bank of America Price: 25.88. Positive monthly dynamics of the instrument is expected with 7.772% volatility is expected.

Pessimistic forecast: 24.72

Optimistic: 26.81


Bank of America stock forecast for Aug 2024.
Estimated Average Forecasted Bank of America Price: 25.79. Negative monthly dynamics of the instrument is expected with 6.934% volatility is expected.

Pessimistic forecast: 24.48

Optimistic: 26.30


Bank of America stock forecast for Sep 2024.
Estimated Average Forecasted Bank of America Price: 26.08. Positive monthly dynamics of the instrument is expected with 4.125% volatility is expected.

Pessimistic forecast: 25.46

Optimistic: 26.56


Bank of America stock forecast for Oct 2024.
Estimated Average Forecasted Bank of America Price: 25.77. Negative monthly dynamics of the instrument is expected with 7.050% volatility is expected.

Pessimistic forecast: 25.21

Optimistic: 27.13


Bank of America stock forecast for Nov 2024.
Estimated Average Forecasted Bank of America Price: 25.66. Negative monthly dynamics of the instrument is expected with 5.832% volatility is expected.

Pessimistic forecast: 24.66

Optimistic: 26.18


Bank of America stock forecast for Dec 2024.
Estimated Average Forecasted Bank of America Price: 26.38. Positive monthly dynamics of the instrument is expected with 8.369% volatility is expected.

Pessimistic forecast: 25.27

Optimistic: 27.58



Other Financial sector assets

Name Symbol Last Close Price Change
American Express Comp.
AXP 171.82 (06.06.2023) 2.62 %
Ares Capital Corp.
ARCC 19.07 (06.06.2023) -0.05 %
Bank of America Corp.
BAC 29.23 (06.06.2023) 2.42 %
BlackRock, Inc.
BLK 684.92 (06.06.2023) 1.25 %
Brookfield Asset Management Inc.
BAM 32.18 (06.06.2023) 1.58 %
Cboe Global Markets, Inc.
CBOE 131.72 (06.06.2023) -2.47 %
Churchill Capital Corp IV
CCIV 6.9 (06.06.2023) 4.70 %
Citigroup Inc. (C)
C 47.22 (06.06.2023) 2.12 %
DraftKings Inc.
DKNG 17.63 (09.09.2022) 3.77 %
eHealth, Inc.
EHTH 9.51 (06.06.2023) 7.09 %
Flagstar Bancorp, Inc.
FBC 37.54 (30.11.2022) 1.16 %
The Goldman Sachs Group, Inc.
GS 326.8 (06.06.2023) 1.55 %
JPMorgan Chase & Co.
JPM 139.34 (06.06.2023) 0.18 %
Marsh & McLennan Companies, Inc.
MMC 151.87 (19.05.2022) 0.00 %
Mastercard Inc.
MA 379.96 (06.06.2023) 2.55 %
Moody's Corp.
MCO 330.69 (06.06.2023) 0.57 %
Morgan Stanley
MS 85.86 (06.06.2023) 2.53 %
Nasdaq, Inc.
NDAQ 57.13 (06.06.2023) 1.98 %
PayPal Holdings, Inc.
PYPL 65.02 (06.06.2023) 0.79 %
Prospect Capital Corp.
PSEC 8.67 (26.11.2021) -1.48 %
Rocket Companies, Inc.
RKT 8.62 (06.06.2023) 3.73 %
The Blackstone Group Inc.
BX 87.4 (06.06.2023) 2.20 %
UBS Group AG
UBS 17.28 (15.10.2021) 0.76 %
UWM Holdings Corp. Class
UWMC 5.28 (06.06.2023) 3.53 %
Visa Inc.
V 228.22 (06.06.2023) 0.64 %
Wells Fargo & Company
WFC 41.26 (06.06.2023) 2.00 %

Warning: include(include/reklama_bottom.php): failed to open stream: No such file or directory in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808 Warning: include(): Failed opening 'include/reklama_bottom.php' for inclusion (include_path='.:') in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808

Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.