JPMorgan Chase & Co. (NYSE:JPM) Stock Gets Price Target Trim from Citigroup

JPMorgan Chase & Co. (NYSE:JPM) had its target price decreased by equities researchers at Citigroup from $360.00 to $350.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Citigroup’s price objective indicates a potential upside of 4.46% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. The Goldman Sachs Group restated an “outperform” rating and issued a $392.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday. Robert W. Baird lifted their target price on shares of JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a “neutral” rating in a research report on Wednesday. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They issued a “hold” rating and a $370.00 target price on the stock. Zacks Research cut shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, Morgan Stanley increased their price target on shares of JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. has an average rating of “Moderate Buy” and a consensus target price of $364.61.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE JPM traded down $0.22 during trading hours on Thursday, reaching $335.06. The stock had a trading volume of 5,097,764 shares, compared to its average volume of 9,197,354. The company has a market cap of $890.65 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 1.36 and a beta of 1.02. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The business’s fifty day moving average is $349.00 and its two-hundred day moving average is $329.80. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. During the same quarter in the prior year, the firm earned $5.07 EPS. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. As a group, research analysts expect that JPMorgan Chase & Co. will post 24.18 EPS for the current year.

Insider Activity

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JPM. Horizons Wealth Management acquired a new position in shares of JPMorgan Chase & Co. during the third quarter worth approximately $31,000. MBM Wealth Consultants LLC acquired a new stake in shares of JPMorgan Chase & Co. in the first quarter valued at approximately $29,000. Aventus Investment Advisors Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at approximately $33,000. Osbon Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $35,000. Finally, Timbuktu Capital Management LLC bought a new position in JPMorgan Chase & Co. in the 2nd quarter worth approximately $50,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Analysts remain broadly constructive after JPMorgan’s third-quarter results. RBC reaffirmed an “outperform” rating with a $370 price target, while Morgan Stanley raised its target to $377. Analysts highlighted resilient consumers, strong investment-banking and markets activity, and projected 2027 net interest income of approximately $107 billion. Analyst forecasts
• Positive Sentiment: JPMorgan’s businesses continued to grow, with revenue up year over year, healthy credit performance, strong asset inflows and robust consumer activity. Management also expects dealmaking to be delayed rather than canceled as market volatility and borrowing costs ease. JPMorgan Q3 deep dive
• Neutral Sentiment: All four major U.S. banks raised dividends this year, supporting JPMorgan’s shareholder-return appeal. However, comparisons of capital cushions and payout capacity suggest investors may focus more on balance-sheet strength than dividend yield alone. Big bank dividends
• Negative Sentiment: JPMorgan reported quarterly EPS of $5.75 versus the $5.94 consensus and revenue below expectations. Although results were solid operationally, the miss reinforced worries that interest-rate volatility and potentially moderating trading revenue could weigh on near-term performance. Evolving Q3 earnings picture
• Negative Sentiment: CEO Jamie Dimon warned that prolonged high rates could weaken consumer credit and said he sees a greater risk of market trouble than many investors do. JPMorgan is also blocking unvetted external AI agents from directly accessing accounts, highlighting emerging cybersecurity, fraud and liability risks. JPMorgan AI agent policy

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.