Wells Fargo Rates Ally Financial (ALLY) buy, $55 Price Target

Wells Fargo analyst Donald Fandetti maintains a buy rating on Ally Financial with a $55.00 price target, a 17.91% upside from the current price.

By EarningsIQ Research Desk · Published Jun 26, 2026, 3:01 PM EDT · Updated Jul 1, 2026, 8:01 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Wells Fargo rated Ally Financial Inc. ($ALLY) "buy" with a $55 price target on June 26, 2026.

Since the rating, $ALLY is down 2.0% after 1 week, down 7.4% after 1 month and down 19.6% to date (from the $46.84 close on Jun 26, 2026).

ALLY Ally Financial Inc.

$37.68 -15.93% year to date

Daily close · Oct 16, 2026

Key Points

Wells Fargo analyst Donald Fandetti reiterated a buy rating on Ally Financial Inc. ALLY on June 26, 2026, setting a $55.00 price target.
Wells Fargo's $55 price target implies 17.91% upside from Ally Financial Inc.'s ($ALLY) current $46.65 share price.
Ally Financial stock traded at $46.65, sitting near its 52-week high of $47.29 with a P/E ratio of 9.39.
The broader analyst community tracks an average target price of $53.77 across 18 opinions with a strong buy consensus recommendation.

Get $ALLY trade alerts by text

We text you when insiders, Congress or big funds trade $ALLY. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Ally Financial Inc. alert may contain errors. Disclosures

Wells Fargo Maintains Positive View on Ally Financial

Wells Fargo analyst Donald Fandetti reiterated a buy rating on Ally Financial Inc. ALLY on June 26, 2026, keeping a $55.00 price target on the digital financial services provider. The rating update comes as Wall Street watches how major credit and auto finance firms navigate changing interest rates and consumer loan performance.

Analyst rating track record

Wells Fargo vs. the S&P 500

YTD return -13.23% hypothetical

All-time return +9.25% S&P 500 +32.58%

vs. S&P 500 -23.33% behind the index

Hypothetical returns from Wells Fargo's disclosed trades, not real profit or advice. How we model this.

Ally Financial Stock Performance and Valuation

Ally Financial stock recently traded at $46.65, holding close to its 52-week high of $47.29 and well above its 50-day moving average of $43.32. The company carries a market capitalization of roughly $12.13 billion and a price-to-earnings ratio of 9.39 based on trailing results. A forward P/E ratio of 6.23 points to expected earnings expansion over the coming quarters, while the stock also offers a dividend yield of 3.0% backed by an annual payout of $1.20 per share.

12-month forecast

$ALLY price target

Ally Financial Inc. daily closes and this analyst's $55 target. Not advice.

Recent Analyst Updates Across Wall Street

Other major financial firms have updated their outlooks on Ally Financial in recent weeks. On October 12, 2026, Morgan Stanley lowered its rating to Equal-Weight with a $43.00 target, down from its prior $55.00 target. On the same day, JP Morgan maintained an Overweight rating and adjusted its target to $43.00 from $48.00. Earlier in October, RBC Capital maintained an Outperform rating with a $50.00 target, Raymond James kept a Strong Buy rating with a $52.00 target, TD Cowen maintained a Buy rating at $54.00, and UBS kept a Buy rating with a $50.00 target. Wells Fargo itself adjusted a separate rating on September 30, 2026, moving to an Equal-Weight rating with a $42.00 target from $55.00, while Citigroup maintained a Buy rating with a $50.00 target on September 25, 2026. Across 18 analyst opinions, the stock holds a strong buy consensus recommendation and an average price target of $53.77.

What Ally Financial Does

Ally Financial operates as a digital financial services company headquartered in Detroit, Michigan, serving customers across the United States and Canada. The company runs extensive automotive finance operations that handle retail installment contracts, dealer floorplan loans, and leasing services. Beyond auto lending, Ally provides digital banking products, corporate finance solutions, and commercial insurance coverage tailored to automotive dealers and middle-market enterprises.

Looking Ahead at Upcoming Reports

Investors will look toward Ally Financial's next earnings report scheduled for October 20, 2026, for further details on loan volumes, net interest margins, and credit loss provisions. These upcoming figures will provide a clearer picture of how consumer finance trends are impacting the lender's bottom line.