Track record · closed signal

Bank of America Corp (BAC) — closed signal from July 9, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on October 7, 2026 — -8.4% at the close.

Predicted vs. what happened

BAC price · publication thesis → realized outcomesplit-adjusted

$55.93 – $58.40Entry zone — fair-value band

$58.41Published — price the day we called it

$63.92Target — the price the thesis aimed for

$64.90Peak — highest point inside the window, not a realized return

$53.52Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 34 days.

At window close

-8.4%

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

Peak gain

+11.1%

peak, from the publication price — not a realized return

S&P 500, same window

+3.7%

SPY over the identical days, dividend-adjusted

Window close

$53.52

last close inside the window, ended October 7, 2026

Peak price

$64.90

peak on August 17, 2026 — not a realized return

Days to target

The thesis — published July 9, 2026

Predicted growth

+10%

over the measurement window

Target price

$63.92

the price the thesis aimed for

Entry zone

$55.93 – $58.40

the fair-value band we waited for

Price at publication

$58.41

published July 9, 2026

Confidence

68%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

Bank of America is reliable for cash and steady profits, but big gains are unlikely in the near term. Growth at Merrill shows the bank's wealth business is strong, and the overall bank benefits from recent favorable price action. The company's large size helps it handle market swings. The main risk is rising credit-card delinquencies and inflation news-near-term gains hinge on those staying calm.

Primary drivers

Merrill hitting an asset milestone shows a stronger wealth business
Big-bank scale helps the franchise absorb market ups and downs
Earnings have been steady, supporting reliable profit trends
Credit quality concerns limit upside and keep expectations cautious

How it played out

BAC: target reached in 34 days

Lyra published BAC at $58.41 with an expected gain of 10% and a $63.92 target. The thesis pointed to Merrill's asset milestone, the bank's scale, steady earnings and favorable price action. It also cited credit quality and inflation news as risks that limited the expected upside.

BAC reached the target in 34 days. It peaked at $64.90 on August 17, a gain of 11.1%, then fell to $53.52 by October 7. The published target was reached within the window, so the thesis played out. The gain did not hold through the end of the window.

What happened during the window

On July 14, Bank of America reported second-quarter net income of $9.1 billion and earnings per share of $1.21. On August 12, it announced an agreement to acquire up to 49.9% of Jio Credit Limited as a joint venture partner.

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