
Capital One (COF) Stock Forecast & Price Target
Capital One (COF) Analyst Ratings
Bulls say
Capital One's total revenues experienced a healthy increase of 6.5% year-over-year, demonstrating robust performance even when excluding the recently acquired Discover. The company's loan growth also reflected solid momentum, rising by 3.5% year-over-year, while purchase volume mirrored this positive trend with a 6.5% increase. Despite elevated integration costs related to the Discover acquisition, management remains optimistic about achieving significant synergies, bolstered by a resilient business model that has outperformed expectations in terms of earnings per share and overall loan growth.
Bears say
Capital One Financial's outlook appears negative due to a significant reduction in its long-term CET1 target from 14.4% to 11%, which may hinder overall capital strength and affect net interest margin (NIM) in the near term. Additionally, the expected higher expenses and diminished synergies from the Discover merger, compounded by recent regulatory missteps faced by Discover, could weigh heavily on Capital One's financial performance and operational efficiency. These factors, alongside the complexities introduced by purchase accounting changes, suggest a challenging landscape for the company moving forward.
This aggregate rating is based on analysts' research of Capital One and is not a guaranteed prediction by Public.com or investment advice.
Capital One (COF) Analyst Forecast & Price Prediction
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