Why Bank of America Corporation’s (BAC) Stock Is Down 7.48%

By Cynthia McLaughlin
November 02, 2026
Featured Tickers:
BAC

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Bank of America Corporation before investing.

In this article, we go over a few key elements for understanding Bank of America Corporation’s stock price such as:

  • Bank of America Corporation’s current stock price and volume
  • Why Bank of America Corporation’s stock price changed recently
  • Upgrades and downgrades for BAC from analysts
  • BAC’s stock price momentum as measured by its relative strength

About Bank of America Corporation (BAC)

Before we jump into Bank of America Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Want to learn more about Bank of America Corporation’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Bank of America Corporation.

Learn More About A+ Investor

What Caused Bank of America Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 02, 2026, there were 0 analysts who downgraded Bank of America Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Bank of America Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Bank of America Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Bank of America Corporation’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Bank of America Corporation (BAC) by visiting AAII Stock Evaluator.

Relative Price Strength of Bank of America Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 02, 2026, Bank of America Corporation has a weighted four-quarter relative price strength of -6.77%, which translates to a Momentum Score of 33 and is considered to be Weak.

Want to learn more about how Bank of America Corporation is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Bank of America Corporation Stock Price: Bottom Line

As of November 2, 2026, Bank of America Corporation’s stock price is $49.570, which is down 0.88% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Bank of America Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
O'Neil CAN SLIM Screen: 38.3% Compared to S&P 500
at only 23.3%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.