Track record · closed signal

Bank of America Corp (BAC) — closed signal from May 28, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on August 26, 2026 — +21.8% at the close.

Predicted vs. what happened

BAC price · publication thesis → realized outcomesplit-adjusted

$49.24 – $51.46Entry zone — fair-value band

$51.10Published — price the day we called it

$59.48Target — the price the thesis aimed for

$65.23Peak — highest point inside the window, not a realized return

$62.23Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 39 days.

At window close

+21.8%

realized, from the publication price to the last close inside the window

Peak gain

+27.7%

peak, from the publication price — not a realized return

S&P 500, same window

+1.8%

SPY over the identical days, dividend-adjusted

Window close

$62.23

last close inside the window, ended August 26, 2026

Peak price

$65.23

peak on August 17, 2026 — not a realized return

Days to target

The thesis — published May 28, 2026

Predicted growth

+17%

over the measurement window

Target price

$59.48

the price the thesis aimed for

Entry zone

$49.24 – $51.46

the fair-value band we waited for

Price at publication

$51.10

published May 28, 2026

Confidence

71%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

Bank of America gives broad exposure to U.S. banking with steadier earnings and solid access to customers and markets. Recent signs of steady bank demand, available funding, and a homeownership program lift sentiment. The bank is less distinct than Wells Fargo and credit risks remain, so the near-term view is positive but with limited conviction.

Primary drivers

Large retail and business banking footprint benefits from steady customer demand
Available funding in markets helps overall bank confidence
Homeownership program strengthens ties with local communities and customers
Steadier earnings and valuation make the risk/reward reasonably constructive

How it played out

BAC: target reached in 39 days

Lyra published a positive short-term thesis for BAC, expecting 17% growth from a publication price of $51.10 toward $59.48. The thesis pointed to steady customer demand, available market funding, a homeownership program, steadier earnings, and valuation. It also noted credit risks and limited conviction.

The price reached the target in 39 days and later peaked at $65.23 on August 17, a 27.7% gain. It ended the window at $62.23 on August 26, still above the target. The thesis played out and exceeded its stated price objective.

What happened during the window

On July 14, Bank of America reported second-quarter 2026 net income of $9.1 billion and diluted earnings of $1.21 per share. This was a company report, not proof of what caused the share-price move.

Bank of America Reports Second Quarter 2026 Financial Results

Prices are shown split- and dividend-adjusted, matching what public charts show today.

Lyra

Read the next call before it closes.

This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.

See today’s picks All BAC signals