Bank of America Stock Predictions – Bac Stock Forecast 2022

Like most banks in 2021, bank of America stock has been quite bullish in the past year.

What are the current bank of America stock predictions for the years to come?

Plus, find out how I use my short-term bac stock forecast to generate some high profits.

Bank of America Stock Predictions | Price History

Bank of America is one of the oldest financial institutions in the Unites States.

It provides banking services to 66 million retail and small businesses across 4300 centers.

Should you ask many investors about Bank of America stock, I am pretty sure the first thing you will learn is that this stock provide a steady consistent income.

Here is a table summary of Bank of America increasing dividend payout.

YEARDividend per Share
20200.72 USD (2.38%)
20190.66 USD ( 1.87%)
20180.54 USD ( 2.19%)
20170.39USD ( 1.32%)
20160.25 USD ( 1.13%)
Bank of America 5-year Dividend Payout

Bank of America Stock Price Analysis

Between 2016 and2021, Bank of America stock price has gone from $11 to $45.

That is an impressive 300% return over this short period.

With the increase in Dividend provided earlier, shareholders of bank of America stocks donot have much to complaint about.

Bank of America stock predictions - the 5-year growth of BAC is over 300%
BAC Stock price gained 300% between 2016 and 2021

In fact, with such an enticing return on investment, many BAC investors may wonder what in store for Bank of America future forecast.

Bank of America Shareholders

Aside from small retail investors like you and me, BAC stock is held by the biggest institutions out there.

Granted, the free float still represents the Lionshare with 72.5 % of the stocks in circulation today.

However, if you are holding a stock MR Warren Buffet and Berkshire Hathaway Inc deem worthy of investing in, you ought to be feeling quite good about your decision.

Here is a quick summary of Bank of America main Shareholders as of end of 2021.

Institutions%Bank Of America Shares Owned
Freefloat 72.5%
Warren Buffet / Berkshire Hathaway 12%
The Vanguard Group 7.1%
BlackRock, Inc6%
Bank of America Corporation2.4%
Bank of America Stock Main Shareholders as of January 2022

If you are not familiar with BlackRock, Inc on the above list of big institutions, you should check it out further because this is the single biggest holder of world fortune today!

BAC Stock Forecast | Analysts Ratings

Bank of America stock has 28 analysts who have provided ratings for this company recently.

Even though the overall rating is a buy, their opinions tend to differ a bit.

Bank of America Stock Ratings

Below is the full summary of BAC stock ratings:

Bank of America Stock Predictions -28 analysts ratings sumamry
60% of BAC Rating is a Buy according to Analysts

The overall recommendation of a Buy should not undermine the fact that some analysts of Bank of America stock are forecasting it as an under performer.

Even at 10% that number is certainly worth paying attention to.

Bank of America Stock Price Target

The forecasted price target of Bank of America stock has a range of 71%.

This is quite large from a low of $35 to a high of $60.

Highest Forecasted Price $                                                                                         60.0
Average $                                                                                         47.7
Lowest Forecasted Price $                                                                                         35.0
Bank of America Stock Price Predictions has a 71% Range

With a current price of $45 which is very close to the 52-week high for BAC stock price, it may be quite risky to start building a heavy position on this stock.

Let’s take a further scrutiny to these BAC stock predictions through the lenses of the positions cost distribution.

Bank of America Stock Positions Cost Distribution

The volume distribution for Bank of America stock shows that the average price is just shy of $42.

This means that BAC stock is currently trading about 10% higher than its average volume price.

Bank of America Stock Predictions -  Positions cost Distribution chart
BAC Positions Cost Distribution

One could argue that after its most recent earnings, BAC stock traded above $48 for a short while.

However, the stock could not sustain that post Earnings rally and came back down below major moving averages mainly daily EMA8 and EMA20.

The recommendation for Bank of America stock price based on its current forecasts is to wait for the stock to re-test the average cost distribution price.

Short-Term Bank of America Stock Forecast

In the meantime, one can find a way to take advantage of shorter terms forecast.

Better known as volatility, you can generate decent profit by trading BAC options.

One major advantage is the low cost of BAC options.

A 3-4% move on the underlying BAC stock can easily yield profit of 300%-400%.

Big Profit Forecast on BAC Stock

Here a view of BAC options chain for this past week with Dec 3 expiration.

At the close of the Friday November 27 trading session, BAC stock price was down -3.9%.

The following week option expiration paid quite nicely as shown below for several out of the money contracts.

Bank of America Stock Predictions - Big profit on weekly Options
Big Profits on BAC Options

If you are new to options trading, I can teach you how to take advantage of these short-term volatility in BAC stock and many others.

Alternatives to Bank of America Stock Predictions

Bank of America stock is part of the Bank ETF: XLF.

why is this significant?

Because these are Always multiple DarkPool prints on this financial Exchange Traded fund.

You and I have a great opportunity to benefit from this knowledge quite regularly.

By the way, Darkpool prints are a very good way to forecast price movement for many stocks.

If not BAC, other banks stocks trade similar to BAC stock price.

Other Banks Stocks Forecasts

The first alternative to BAC stock price short term movement that Darkpool prints can forecast is Citibank stock (Ticker: C).

Here is a recent video how we leveraged that information to generate massive profit.

Another example within the XLF ETF is Well Fargo stock(Ticker: WFC).

We have traded BAC stock and WFC stock options for 1000% profit from 10 cents to$1.0

BAC Stock Price Predictions - Taking advantage of short term forecast for big profit in options trading
Short Term Forecast on BAC and WFC led to 1000% Profit

You too can leverage my short-term forecasts on BAC, WFC, Citi and many others stocks for big profits as depicted in the slide below.

This is part of my 10-Baggers Trading System you can start enjoying today.

FINAL THOUGHTS on BAC Stock Analysis

I shared Bank of America stock price predictions using analysts’ ratings as well as the current positions cost distribution.

Though BAC is a sold performing company with an increasing dividend, it may be a bit too premature at its current price to start building a long-term position.

One attractive alternative is to leverage our short-term forecast of BAC Stock price for big profit.

2022 Qualcomm Stock Price Predictions – Big QCOM Stock Forecast

Looking to invest into Qualcomm stock to take advantage of future growth ?

This analysis of Qualcomm stock price predictions will help you leverage what most analysts

are forecasting for QCOM stock in the years ahead.

Additionally, I will share my short-term forecast of Qualcomm stock price so that you can take advantage of the occasional spike in volatility as well.

Qualcomm Stock Price Prediction | Overview

Qualcomm is a wireless technology company located in San Diego, California.

It main business is the development and sales of wireless modems mainly used in cellphones, data centers and other related semiconductors industries.

With the recent advances in 5G technologies, many believes Qualcomm stock is set to grow more than ever before its split in 1999.

After all, the company holds multiple patents in use by the biggest technologies companies such as Apple just to name that one.

QCOM stock price history

Over the last 10 years, QUALCOMM stock has gone from $50 to a recent spike to $188 as shown on the chart below.

Qualcomm stock price prediction -qCOM price history over last 10 years
QCOM Stock has gained 276% over last 10 years

That represents a 276% growth albeit most of this surge has taken place between early 2020 and end of 2021.

Certainly one can argue that QUALCOMM stock price returns in this period are not all that impressive.

However, the company provide a nice quarterly dividend to its shareholders to help offset the timid rise.

At 68 cents per quarter, you as an investor get to receive $2.72 per share each year.

You can decide to re-invest that money in for more shares of QCOM stock.

Who Are Qualcomm Shareholders

The main shareholders for Qualcomm stock are big institutions.

As an investor it is very re-assuring to see such vote of confidence is an established company.

The table below summarizes the big holders of the company stock.

Entity% QUALCOMM Shares Owned
Institutions77%
Corporation Itself0.03%
Others23.3%
Insiders0.11%
Qualcomm Shareholders as of December 2021

Qualcomm Stock Price Forecast | Analysts Ratings

Out of 36 analysts who have provided ratings for Qualcomm stock price, none of them is recommending to sell this stock.

In fact, here are the bullish view distribution:

  • 31% of analysts have a Strong buy Rating
  • 42% Have a Buy Rating
  • 27% recommend Holding the Stock

Analysts Price Target for Qualcomm Stock

The current price range for QCOM stock price is quite large.

As shown below, the lowest price is at $160 while the highest forecast price is around $393.

Qualcomm stock price prediction - Analyst price target for QCOM stock
Large Range for Qualcomm Price Target | $160 to $393

What we can infer from this wide range of price is simple the potential that exits for sustained growth.

My recommendation is to use the positions cost distribution for QUALCOMM stock to get a better idea about the volume distribution.

In this Webull volume Analysis discussion, I shared how you can make usage of this data to gauge the true value of a stock.

Positions Cost Distribution for Qualcomm Stock

The volume distribution for QCOM stock shows that the average cost is around $154.

With that number, we can derive that the distance to the current price of $180 is just shy of 17%.

Qualcomm stock price prediction - positions cost distribution shows 87% of total profited shares
QCOM Average cost is 17% lower than the current price

In all fairness, the price at of this writing of $180 is the result of a recent strong Earnings.

May I suggest to wait for QCOM price to come closer to the average cost of $150 range before you start building your long term position based on the forecasted price we shared earlier.

Typically, Qualcomm stock tends to be more volatile following quarterly results as depicted in the video below.

You can take advantage of this volatility by trading options as we did in the video above.

Let me share my Qualcomm stock price forecast around Earnings that enables our traders in our Discord room to generate big profits four times a year.

Qualcomm Stock Price Earnings Forecast

I have studied a basket of about 100 stocks around Earnings each year.

This study includes stocks such as Qualcomm (Ticker: QCOM), AAPL, NVDA, AMD, WDC, MU jsut to name a few.

The output of the research I call Quantitative Earnings Analysis enables me to forecast Qualcomm stock price (and others) on the three days after Earnings.

Multi Years Forecast Study

With the goal to determine if Qualcomm stock make a significant move on the 3 days following each quarterly Earnings, I have studied the pattern of Qualcomm stock on these days since 2017.

Qualcomm Stock Price Predictions - Qualcomm Quantitative Earnings Analysis by Successful Tradings
Qualcomm Earnings Quantitative Analysis From 2017 to 2021

Before we get to dissect the data, let me give you an overview of what the content is about.

For each Earnings date on the far left, I tracked the qualcomm stock closing price on the 3 days following the release of the company Earnings.

The columns in the above table are described below:

  • ER DATE:        The date of the ER.
  • CLOSE (P1):    The closing price of a stock before ER.
  • OPEN:             The opening price of a stock after ER.
  • DELTA:           The gap between the Close(P1) and OPEN
  • TIME:              AMC (After Market Close) or BMO (Before Market Open)
  • BMO :              Before Market Open
  • AMC:               After Market Close
  • DMH:              During Market Hours

What does the Qualcomm Earnings Quantitative research tell us?

First thing that jump straight to us is the accelaration of the price since May 2017 Earnings.

QCOM stock price grew from the 50’s to the 80’s in just one Earnings release.

Since then, it has continued to grow with great consistency reaching a recent high of $180 after November 2021 Earnings.

How To Use Qualcomm Stock Price Earnings Forecast

The most important information on the data chart are the cells in green and red.

The color coding is as follows.

Green if the cell is greater than positive 2%

Red if the value of the cell is less than -2%.

The forecast for this Qualcomm stock price is derived from this simple observation.

11 out of 16 Earnings have yielded a green cell on day following Earnings. That is 70% accuracy.

I can add the most recent data point for November 2021 and that qualcomm stock price Earnings volatility forecast increase to 71%.

This forecast is mostly bullish because the red side only has an occurrence of 7times out of 17.

You may be thinking that the average bullish move is 3-4% which may not be much for an average stock buyer.

However, we use this qualcomm stock price forecast to trade options.

As you may know, the advantage of options is that it cost us way less money than the price of the underlying qualcomm stock.

Furthermore, a 3-4% move on the qualcomm stock will yield 200-300% profit trading weekly qualcomm options.

Below is a recent qualcomm options trade win for 478% using the QUALCOMM Earnings Forecast research we just described.

Qualcomm stock price prediction - QCOM Earnings forecast  research led to 478% profit trading options.
478% Trading Qualcomm Options using Earnings Forecast Research

You too can leverage our 10-baggers trading system to get profit on Qualcomm stock such as the one above and on many others stock as shown below.

Qualcomm Stock Price Weekly Forecasts

It is quite nice to find stock such as Qualcomm that have long terms prospects.

One can then buy and hold such stocks with great confidence as stock price predictions continue to go higher and higher.

However, for those not with a great starting capital, there is another an alternative that consists of taking advantage of short-term stock price forecasts.

Qualcomm Stock price short-term Forecasts

In 2017, I was looking for a consistent way to make money in the stock market.

I discovered that over the short-term such a sone week of 2 weeks, I can accurately predict stock price variations.

Using short-term options trading on stocks such as qualcomm, we can consistently generate big profits.

How Does My Weekly Qualcomm stock price Forecast work?

My AI computer program looks for specific stock patterns each week on stock like qualcomm, NVDA, MU, BAC, AAPL.

In total, I feed the machine about 100 blue chips stocks each and in return, it forecasts which ones will be making a big move over the next 6 days.

Then, I use the empirical data for each stock to determine options strike price in both bullish and bearish directions.

I store these options in a weekly watchlist and wait for the stock to make the forecasted move and trade that direction accordingly.

Here is the chart of the accuracy of the forecast along with the weekly average moves per stock.

Qualcomm stock price predictions - Successful Tradings weekly stock price forecast oerformance
Successful Tradings Weekly Stock Price Forecast Performance

How To Use Qualcomm Stock price weekly predictions ?

For each stock that my computer forecast a big price movement for the upcoming week, I set up a watchlist of options.

I will take the trade on Qualcomm stock only when either the Calls or Puts option I am tracking on the watchlist starts moving.

The forecasted stock price move is about 8% in average over the next upcoming week.

When this happens, the weekly options are bound to pay upwards of 500% gain depending on how many days are left before expiration.

Weekly Stock Price Predictions Accuracy

In case you may be wondering about the accuracy of my weekly forecast on QCOM stock price and others, I recorded weekly videos on my YouTube channel with the results.

From May 2200 to November 2020 which spans 24 weeks, here is a quick summary of the overall forecasted results.

Weekly stock Price Forecast Performance
Average # Forecasted Stock Price15
Average % Move Per Stock Price8.2%
Number of 900% Profit Trades50 in 24 weeks
Number of 5000% Profit Trades4 in 24 weeks
Average # 10-Baggers per week 2.1
Short-Term Stock Price Predictions Performance by Successful Tradings

As you can see from the above table of results of the weekly forecasts, there is a great deal of consistency in our stock price forecast results.

Because all the stock price that my AI chine forecasts do not make the same move, I decided that we only consider those making at least a 4% move in either direction as winners.

Just for our options trading beginners, a 4% move on the underlying stock over the course of a week can easily produce 200% profit in options.

With this criterion, I can then generate the so-called win rate that many traders are so focused on.

Qualcomm stock price prediction - Successful Tradings Stock price forecast summary performance
Winning % of Successful Tradings Stock Price Forecast

The alt column of the graph above reveals an average accuracy of over 85%. That is not bad if I may say myself.

However, may I leave you with this question.

Would you rather trade a strategy that have a 90% accuracy and giving you 30% gains or one that only has 50% accuracy but when the forecast is correct, your gains are 500%, 600% or above?

FINAL THOUGHTS ON Qualcomm Stock Price Prediction

Qualcomm stock maybe at the beginning of a massive breakout following a very bullish Earnings.

Based on the current cost distribution of the QCOM stock, it may be astute to hold off a bit before jumping on these bullish predictions so that your entry can be closer to the average cost in the $150 range.

In the meantime, come learn how to take advantage of short-term volatility in qualcomm stock price by leveraging my Earnings Quant Analysis on QCOM as well as on multiple other stocks.