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

Key Points

• Citigroup lowered its JPMorgan price target from $360 to $350 while maintaining a “neutral” rating, implying roughly 4.46% upside. The broader analyst consensus remains “Moderate Buy,” with an average target of $364.61.
• JPMorgan’s latest quarter showed broad operational strength, but EPS of $5.75 and revenue of $50.17 billion both fell short of analyst expectations. Revenue nevertheless increased 8.1% year over year, and the company delivered an 18.48% return on equity.
• Shares traded near $335, below their 52-week high of $366.50. Institutional investors own approximately 71.55% of the stock, while insider ownership stands at 0.41%.

JPMorgan Chase & Co. (NYSE:JPM) had its target price decreased by research analysts at Citigroup from $360.00 to $350.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the financial services provider's stock. Citigroup's price target would indicate a potential upside of 4.46% from the company's current price.

A number of other equities research analysts have also recently commented on JPM. Barclays upped their target price on shares of JPMorgan Chase & Co. from $420.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday. Morgan Stanley raised their price target on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an "equal weight" rating in a report on Wednesday. Jefferies Financial Group reissued a "neutral" rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. Keefe, Bruyette & Woods restated an "outperform" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday. Finally, Wells Fargo & Company boosted their price target on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an "overweight" rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have given a Hold rating to the company's stock. According to MarketBeat.com, JPMorgan Chase & Co. has an average rating of "Moderate Buy" and a consensus price target of $364.61.

JPMorgan Chase & Co. Stock Performance

JPM stock traded down $0.22 on Thursday, hitting $335.06. The company's stock had a trading volume of 5,097,764 shares, compared to its average volume of 9,197,354. The firm has a 50 day moving average of $349.00 and a two-hundred day moving average of $329.80. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The stock has a market cap of $890.65 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 1.36 and a beta of 1.02. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued 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 company earned $5.07 EPS. The firm's revenue for the quarter was up 8.1% on a year-over-year basis. Equities analysts predict that JPMorgan Chase & Co. will post 24.18 EPS for the current fiscal year.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the stock in a transaction dated Thursday, September 10th. The shares were 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 $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Institutional investors have recently added to or reduced their stakes in the business. Triasima Portfolio Management inc. raised its position in shares of JPMorgan Chase & Co. by 0.6% during the third quarter. Triasima Portfolio Management inc. now owns 17,529 shares of the financial services provider's stock valued at $5,799,000 after buying an additional 110 shares during the last quarter. Financial Harvest LLC grew its position in JPMorgan Chase & Co. by 6.1% during the third quarter. Financial Harvest LLC now owns 1,039 shares of the financial services provider's stock worth $344,000 after buying an additional 60 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its position in JPMorgan Chase & Co. by 2.3% during the third quarter. Summit Financial Wealth Advisors LLC now owns 12,402 shares of the financial services provider's stock worth $4,103,000 after buying an additional 280 shares in the last quarter. LifeSteps Financial Inc. grew its position in JPMorgan Chase & Co. by 2.3% during the third quarter. LifeSteps Financial Inc. now owns 11,568 shares of the financial services provider's stock worth $3,827,000 after buying an additional 264 shares in the last quarter. Finally, Charles Schwab Trust Co increased its stake in JPMorgan Chase & Co. by 3.1% during the third quarter. Charles Schwab Trust Co now owns 33,943 shares of the financial services provider's stock valued at $11,229,000 after acquiring an additional 1,022 shares during the period. Hedge funds and other institutional investors own 71.55% of the company's stock.

More JPMorgan Chase & Co. News

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

JPMorgan Chase & Co. Company Profile

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.

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