JPMorgan Chase & Co. (NYSE:JPM) Stock Price Down 1.6% – Here’s Why

Shares of JPMorgan Chase & Co. (NYSE:JPM) fell 1.6% on Wednesday . The company traded as low as $355.65 and last traded at $357.3770. Approximately 6,656,849 shares changed hands during trading, a decline of 31% from the average daily volume of 9,646,384 shares. The stock had previously closed at $363.25.

More JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Trading revenue and net interest income outlook support earnings. JPMorgan’s second-quarter Markets revenue rose 35%, driven by an 86% surge in equities revenue. The bank also raised its 2026 net interest income outlook to $105.5 billion, citing loan and deposit growth that is offsetting some pressure from interest rates. Tougher comparisons and higher expenses could limit future profit growth, but the updates reinforce the bank’s strong earnings momentum. JPMorgan’s Q2 Trading Revenues Surge 35%: Can the Momentum Continue? JPMorgan Raises 2026 NII Outlook
• Positive Sentiment: Broader market conditions could help. A bullish outlook for the S&P 500, supported by strong corporate earnings, a cautious Federal Reserve and artificial-intelligence investment, provides a favorable backdrop for large financial stocks such as JPM. 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
• Neutral Sentiment: Former JPMorgan executive joins Social Security advisory effort. Matt Zames will serve as an unpaid adviser helping modernize the Social Security Administration. The appointment may raise JPMorgan’s public profile but has no apparent direct financial impact on the company. Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
• Negative Sentiment: India barred a JPMorgan unit from the country’s securities market over alleged stock-market manipulation involving sharp movements in the Sensex closing auction. The allegations create regulatory, legal and reputational risks, although the immediate earnings impact is unclear. India Bars JPMorgan Unit for Alleged Market Manipulation
• Negative Sentiment: Treasury-market warnings and layoffs add pressure. JPMorgan strategists said government efforts to support Treasurys could backfire and push long-term yields higher without fiscal consolidation. Separately, the bank reportedly filed layoff notices affecting nearly 800 employees, signaling some cost or workforce-management pressure. U.S. bond intervention is like paying your mortgage with your credit card Layoffs at JPMorgan Hit Highest Level Since 2015

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Truist Financial raised their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research report on Wednesday, July 15th. Citigroup increased their target price on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Monday, July 20th. Keefe, Bruyette & Woods boosted their price target on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a report on Wednesday, July 22nd. Finally, Morgan Stanley reissued a “positive” rating and set a $370.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $359.96.

JPMorgan Chase & Co. Price Performance

The business has a fifty day moving average price of $343.87 and a 200-day moving average price of $317.12. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $934.99 billion, a PE ratio of 15.07, a PEG ratio of 1.47 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The company had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.JPMorgan Chase & Co.’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period last year, the firm posted $4.96 EPS. Research analysts expect that JPMorgan Chase & Co. will post 24.28 EPS for the current fiscal year.

Insider Activity at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 5,467 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the sale, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JPM. Fidelis Capital Partners LLC lifted its stake in shares of JPMorgan Chase & Co. by 7.9% in the 4th quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after purchasing an additional 5,101 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services raised its stake in shares of JPMorgan Chase & Co. by 18.7% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider’s stock valued at $12,125,000 after acquiring an additional 6,492 shares during the period. Brighton Jones LLC lifted its holdings in shares of JPMorgan Chase & Co. by 11.0% in the 4th quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after acquiring an additional 4,841 shares during the last quarter. FAS Wealth Partners Inc. boosted its position in shares of JPMorgan Chase & Co. by 4.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider’s stock worth $12,804,000 after purchasing an additional 1,794 shares during the period. Finally, KTF Investments LLC purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $6,449,000. Institutional investors own 71.55% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.