This blog post will discuss Bank of America Stock Price Prediction from 2023 to 2060 and will also analyze whether Bank of America is a good stock for long-term investment.
Additionally, this blog post would be precious for investors looking for future investment potential in BOA stock.
Before analysis, we clear this stock price prediction is based on the technical analysis and the past performance of BAC stock.
The AI-based technique has been used for better and more accurate results in stock price forecasting, and their results have also been compared with the different expert’s predictions.
But, before going to an in-depth analysis of BAC stock price for a particular year, knowing the business model and functionality of this incredible financial hub, Bank Of America, is essential.
What is Bank of America Corporation?
Bank of America is 2nd largest banking and financial institute after JPMorgan in the USA, which offers a wide range of financial services worldwide.
This reputated financial institute was founded by Amadeo Peter Giannini in the state of California in 1904, and later in 1928, with a successful acquisition of the Bank of Italy, it became the Bank of America.
If talk about the service which this bank currently offers are deposit and credit services, loans, Cards, stock investment services, wealth management, retirement scheme, security clearing, financial sheetlets, custody services, etc.
All the above services are available on the Bank of America platform for individuals and small and big corporations.
This financial gent of America works in the USA and operates worldwide in Europe, Asia Pacific, the Middle East, and Africa.
Bank of America Stock Past Performance
Bank of America Corporation is listed on NYSE with a ticker symbol of BAC from January 13, 1978.
Since it’s listed on the stock exchange, stable growth has been observed in its stock price, but the revenue of this financial giant is growing at a very low rate.
Recently on February 08, 2022, BAC stock price had been reached a recorded all-time high value of 47.56.
But after creating this record price history, its stock price began to fall again, and currently, its stock price is trading below $30, which has fallen approximately 1,105.83% in the last 52 weeks.
But in the current financial report, BAC reported a slow growth in its revalue of $1,15,053 million, which was $99,466 million five years ago.
This financial year net profit of Bank of America remains approximately stable, which is $26015 million.
Overview of Bank of America Stock
| Parameters Name | Value/Price |
| Current Stock Price | $28.66 |
| Bank of America ticker symbol | BAC |
| Market Cap | 223.69B |
| Enterprise Value | N/A |
| Price/Sales (TTM) | 2.34 |
| Enterprise Value/Revenue | N/A |
| Price/Book (MRQ) | 0.89 |
| Enterprise Value/EBITDA | N/A |
| 52 Week Low/High | $26.32/$38.60 |
| 50/200 Day Moving Average | $28.35/$32.62 |
| 52-Week Change | -1,105.83% |
| Official Website | Bank of America |
Bank of America Stock Price Prediction | Bank of America Stock Forecast
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2023 | $26.47 | $32.82 |
| 2024 | $28.06 | $36.56 |
| 2025 | $31.44 | $39.85 |
| 2026 | $35.89 | $44.45 |
| 2027 | $40.55 | $49.50 |
| 2028 | $47.52 | $54.00 |
| 2029 | $47.51 | $59.40 |
| 2030 | $56.49 | $65.33 |
| 2035 | $83.87 | $95.98 |
| 2040 | $111.50 | $129.64 |
| 2045 | $152.44 | $163.40 |
| 2050 | $197.33 | $208.21 |
| 2055 | $241.20 | $265.63 |
| 2060 | $295.74 | $308.55 |
Bank of America Stock Price Prediction 2023
There is slow progress in the BOC stock price in the coming year, but this growth will remain approximately constant, as past history show.
As per many stock experts’ predictions, the Bank of America stock price will easily move from a lower value of $26.47 to a targeted value of $32.82 in 2023.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2023 | $26.47 | $32.82 |
Bank of America Stock Price Prediction 2024
The year 2024 also shows a slow growth in the stock price of BOC, but this year, the total revenue and net profit will increase as per our prediction.
The main reason behind this positive prediction is continuous expand the operation in the investment segment by Bank of America Corporation.
As per our analysis in 2024, the stock price of BOC will fluctuate from the minimum value of $28.06 and reach the maximum targeted value of $36.56.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2024 | $28.06 | $36.56 |
Bank of America Stock Forecast 2025
As per our Bank of America stock price forecast analysis, its price may be got some suitable hipe and reach a peak value of $39.85 and a lower value of $31.44 in 2025.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2025 | $31.44 | $39.85 |
Bank of America Stock Price Prediction 2030
Many stock experts predicted BOC stock price would be touching by a higher of $65.33 from the lowest of $56.49 in 2030.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2030 | $56.49 | $65.33 |
Bank of America Stock Price Prediction 2040
This year would be a great year for the investor of BOC stock.
As per our Bank of America stock analysis, its price will easily achieve a maximum targeted price of $129.64 with a yearly lowest value of $111.50 in 2040.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2040 | $111.50 | $129.64 |
Bank of America Stock Price Prediction 2050
Many wall street experts predict BOC stock may reach a targeted price mark of $208.21, and in the same year, its price will also fall to the lowest value of $197.33 in 2050.
| Bank of America Stock Price Forecast Year | Minimum Stock Price | Maximum Stock Price |
| 2050 | $197.33 | $208.21 |
Is Bank of America a good stock for long-term investment?
There is no doubt that Bank of America stock has strong fundamental and currently serve as the 2nd largest financial services provider in the USA.
Apart from this, the well-known investing firm Berkshire Hathaway already has the largest stack holder of BAC.
In our opinion, this more than 100-year-old financial firm never be gone in losses because it also works in investing segments as well as financial segments for both individual and corporate segments.
If any investor thinks about investing in BAC stock, then definetly it will be a great decision from a long-term perspective.
Apart from these, stack holders of BAC stock are also eligible to get benefits from various activities like dividends, bonuses, stock splits, etc.
FAQ
What is the BAC stock price forecast for 2025?
In 2025 its stock price will reach a maximum value of $4 and also reach a minimum value of $2.
Where will Bank of America stock be in 5 years?
As per our analysis stock price of BAC stock in 2028 will fluctuate in the range of $4 to $2.
Where will Bank of America stock be in 10 years?
After ten years i.e. in 2033, the stock price of Bank of America can reach a targeted value of $4 and also fall to the minimum value of $2.
Final Words
In this blog post on “Bank of America stock price prediction from 2023 to 2060,” we have explained the stock price for every particular year.
Apart from this, we have also overviewed the corporation’s history and last year’s net profits and revenue performance.
This blog post also covered various questions related to the Bank of America stock price prediction and appropriate and reasonable answers.
If you have any doubts about the Bank Of America stock price prediction, definetly use the comment section below.
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