Is Wells Fargo a reliable analyst?

In short — Over 1 year, 61.8% of Wells Fargo's targets proved profitable, for an average gain of +14.5% per call (all calls, winners and losers) — i.e. +3.1% vs its sector, across 4169 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
61.8%profitable calls
+14.5%avg gain / call
+3.1%vs sector
4169scored calls

In which sectors is Wells Fargo reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
Tech54570.5%+37.6%+39.3%+25.0% (186)
Energy33161.9%+17.9%+23.7%+23.3% (60)
Cons. disc.52663.3%+16.2%+16.0%-5.3% (157)
Industry56662.5%+14.8%+15.0%+2.4% (135)
Finance68461.8%+11.8%+12.3%+3.5% (150)
Utilities29267.1%+9.6%+9.0%-3.9% (65)
Comm.15756.1%+10.1%+8.9%+1.1% (48)
Health38459.6%+7.6%+7.3%+10.3% (92)
Real estate23251.3%+4.4%+3.9%+10.8% (56)
Cons. staples24657.3%+3.4%+2.6%-0.7% (78)
Materials20251%+2.3%+2.0%+16.1% (81)

The 25 stocks Wells Fargo performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
WDC Western Digital1850%+161.0%+194.1%+89.5% (7)
MU Micron Technology2277.3%+130.2%+172.2%+174.0% (8)
DECK Deckers Brands5100%+110.9%+124.1%+14.0% (1)
AIG American International Group560%+13.3%+120.0%
MCHP Microchip Technology5100%+35.6%+99.6%
NVDA Nvidia2989.7%+90.4%+89.8%+9.3% (3)
CVNA Carvana2171.4%+88.5%+83.9%+4.2% (5)
GEV GE Vernova3100%+76.0%+76.0%+42.6% (3)
AMD Advanced Micro Devices1782.4%+71.1%+72.3%+53.8% (7)
TPR Tapestry, Inc.2281.8%+60.6%+69.3%+0.2% (5)
META Meta Platforms988.9%+66.0%+66.0%
DVN Devon Energy2157.1%+52.5%+64.0%+15.4% (5)
APH Amphenol3100%+27.3%+63.9%
APP AppLovin771.4%+63.5%+63.5%-38.4% (7)
AMAT Applied Materials3278.1%+52.9%+60.9%+44.2% (8)
NRG NRG Energy988.9%+60.8%+60.8%-23.8% (3)
HWM Howmet Aerospace10100%+59.6%+59.6%
ETN Eaton Corporation7100%+36.7%+58.2%
RCL Royal Caribbean Group1681.3%+43.2%+57.3%-0.2% (8)
ANET Arista Networks9100%+56.5%+56.5%+27.3% (4)
GE GE Aerospace11100%+55.7%+55.7%+21.9% (1)
PH Parker Hannifin2195.2%+52.4%+55.0%+17.0% (6)
CEG Constellation Energy12100%+53.2%+53.2%-4.1% (5)
BX Blackstone Inc.13100%+46.7%+52.8%
NDAQ Nasdaq, Inc.5100%+28.1%+48.6%
% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.

❓ Wells Fargo: frequently asked questions

Is Wells Fargo a reliable analyst? How accurate are their price targets?

Over 12 months, 61.8% of Wells Fargo's targets were profitable, averaging +14.5% per call (+3.1% vs their sector), across 4169 timestamped calls. Verdict: fairly reliable. We judge on real results, not reputation — the call-by-call detail is further up this page.

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)