Top Wall Street Forecasters Revamp Bank of America Expectations Ahead Of Q3 Earnings
Bank of America Corporation (NYSE:BAC) will release its third quarter earnings report before the opening bell on Wednesday, Oct. 14.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $1.16 per share, up from $1.06 per share in the year-ago period. The consensus estimate for BAC’s quarterly revenue is $30.93 billion. It reported $28.09 billion last year, according to Benzinga Pro.
Bank of America said Monday it launched the AskGPS Intelligence Hub, expanding its internal generative AI platform for Global Payments Solutions employees.
Shares of Bank of America fell 1.5% to trade at $53.59 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating and cut the price target from $67 to $62 on Oct. 1, 2026. This analyst has an accuracy rate of 68%.
- Truist Securities analyst John McDonald maintained a Buy rating and slashed the price target from $65 to $62 on Oct. 1, 2026. This analyst has an accuracy rate of 66%.
- UBS analyst Erika Najarian maintained a Buy rating and increased the price target from $68 to $70 on Aug. 3, 2026. This analyst has an accuracy rate of 63%.
- JP Morgan analyst Vivek Juneja maintained an Overweight rating and raised the price target from $62.5 to $68 on July 29, 2026. This analyst has an accuracy rate of 58%.
- Baird analyst David George maintained a Neutral rating and raised the price target from $58 to $62 on July 15, 2026. This analyst has an accuracy rate of 72%.
Considering buying BAC stock? Here’s what analysts think:
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