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JPMorgan Chase & Co.NYSE:JPM Stock Report

Market Cap US$798.0b
Share Price
US$297.81
US$337.75
11.8% undervalued intrinsic discount
1Y12.4%
7D-0.7%
Portfolio Value
View

JPMorgan Chase & Co.

NYSE:JPM Stock Report

Market Cap: US$798.0b

JPMorgan Chase (JPM) Stock Overview

Operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. More details

JPM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

JPM Community Fair Values

Create Narrative

See what 708 others think this stock is worth. Follow their fair value or set your own to get alerts.

JPMorgan Chase & Co. Competitors

Price History & Performance

Summary of share price highs, lows and changes for JPMorgan Chase
Historical stock prices
Current Share PriceUS$297.81
52 Week HighUS$337.25
52 Week LowUS$256.00
Beta1.02
1 Month Change-4.02%
3 Month Change-3.03%
1 Year Change12.43%
3 Year Change115.76%
5 Year Change82.10%
Change since IPO3,016.62%

Recent News & Updates

Seeking Alpha May 16

JPMorgan: Locking In A Higher Yield With The Preferred Shares

Summary JPMorgan delivered robust Q1 results, with net income attributable to common shareholders rising over 10% year-over-year to $16.15B. JPM.PR.M preferred shares offer a nearly 6% yield, supported by less than a 2% payout ratio and $344B in common equity as a cushion. I view JPM's preferreds as offering excellent risk/reward, given strong coverage ratios and asset protection despite their non-cumulative nature. JPM common stock remains a core holding, trading at 12–13x earnings, with mid-single digit net income growth expected to support valuation. Read the full article on Seeking Alpha
Narrative Update May 01

JPM: Private Credit Discipline And ROTCE Focus Will Drive Future Upside

Analysts have nudged the fair value estimate for JPMorgan Chase slightly lower to about $389.92. Recent price target revisions, both higher and lower, reflect refreshed views on revenue growth prospects, profit margins, and a more conservative future P/E multiple.

Recent updates

Seeking Alpha May 16

JPMorgan: Locking In A Higher Yield With The Preferred Shares

Summary JPMorgan delivered robust Q1 results, with net income attributable to common shareholders rising over 10% year-over-year to $16.15B. JPM.PR.M preferred shares offer a nearly 6% yield, supported by less than a 2% payout ratio and $344B in common equity as a cushion. I view JPM's preferreds as offering excellent risk/reward, given strong coverage ratios and asset protection despite their non-cumulative nature. JPM common stock remains a core holding, trading at 12–13x earnings, with mid-single digit net income growth expected to support valuation. Read the full article on Seeking Alpha
Narrative Update May 01

JPM: Private Credit Discipline And ROTCE Focus Will Drive Future Upside

Analysts have nudged the fair value estimate for JPMorgan Chase slightly lower to about $389.92. Recent price target revisions, both higher and lower, reflect refreshed views on revenue growth prospects, profit margins, and a more conservative future P/E multiple.
Narrative Update Apr 17

JPM: Branch Expansion And Heavy Tech Spending Will Confront Mixed Regulatory Signals

The updated analyst price target for JPMorgan Chase is now $288.00, reflecting analysts’ consideration of slightly lower revenue growth and profit margin assumptions, along with a modestly reduced discount rate and future P/E multiple based on recent research commentary. Analyst Commentary Recent Street research on JPMorgan Chase includes a mix of higher and lower price targets, as well as changes in ratings and list inclusion.
Narrative Update Apr 02

JPM: Future Spending On Branch And Card Expansion Will Sustain Earnings Power

JPMorgan Chase's updated analyst price target reflects a modest trim of about $7 per share to $337.75, as analysts factor in recent target reductions, a slightly lower implied future P/E, and ongoing conversations around spending, earnings power, and risk management across the large bank group. Analyst Commentary Recent research on JPMorgan Chase shows a mix of optimism and caution as analysts reassess price targets, earnings power, and spending plans.
New Narrative Mar 23

JPMorgan Chase & Co. (JPM): The Fortress of AI Banking – Leading the New Financial Frontier

JPMorgan Chase (JPM) is trading at $289.91 USD on the NYSE as of March 23, 2026, marking a 1.17% gain in today's session. While the stock has faced some technical resistance earlier in the quarter—pulling back from its January all-time high of $337.25—the narrative for 2026 is one of structural evolution.
Narrative Update Mar 19

JPM: Durable Earnings Power Will Offset Elevated Spending On Growth Initiatives

JPMorgan Chase's updated analyst price target has shifted from about $328 to roughly $345. Analysts attribute this change to stronger expected revenue growth, slightly higher profit margins, and a modestly lower assumed discount rate, supported by recent research that highlights resilient credit quality, updated investor day guidance, and generally constructive views on large diversified banks.
Narrative Update Mar 04

JPM: Higher ROTCE And Capital Return Are Expected To Drive Upside

Narrative Update: JPMorgan Chase We are lifting our analyst price target for JPMorgan Chase to $400 from $391, reflecting analysts' updated views that factor in stronger assumed revenue growth, a slightly lower discount rate, and a modestly lower future P/E and profit margin profile following recent research and the company's investor updates. Analyst Commentary Recent Street research around JPMorgan Chase has been active on both sides, but the more optimistic voices are highlighting specific earnings drivers, capital return themes, and fee income opportunities that they believe are not fully reflected in current market expectations.
Narrative Update Feb 18

JPM: Higher Spending And Branch Expansion Will Face Test From Regulatory Shifts

Our JPMorgan Chase narrative price target edges up from $280.00 to about $283.37 as analysts adjust their long term assumptions. This reflects slightly higher expected revenue growth and a higher future P/E multiple, while still watching how increased spending translates into market share and returns.
Narrative Update Feb 04

JPM: Premium Pricing Will Face Test From Credit And Regulatory Pressures

Analysts have nudged their price targets on JPMorgan Chase higher, citing continued best in class execution, refreshed earnings estimates, and support from factors like balance sheet growth, capital return capacity, and potential benefits from partnerships such as the Apple Card program transfer. Analyst Commentary Recent research has generally framed JPMorgan as a high quality bank with strong execution, but not all commentary is unqualifiedly positive.
Narrative Update Jan 21

JPM: Fair Value View Balances Apple Card Shift And Execution Risks

Analysts have lifted their fair value estimate for JPMorgan Chase to $280, citing higher assumed revenue growth, slightly stronger profit margins, and a lower forward P/E in light of recent price target increases and supportive research commentary. Analyst Commentary Recent Street research on JPMorgan Chase points to a mixed setup, with several firms lifting price targets and others striking a more cautious tone.
Narrative Update Jan 06

JPM: Earnings Beat And Higher ROTCE Are Expected To Drive Upside

Narrative Update The analyst price target for JPMorgan Chase has moved from US$375 to US$391 as analysts factor in the recent Q3 earnings beat, higher return on tangible common equity, updated net interest income guidance into 2025, and revised assumptions around margins, revenue growth, discount rate, and future P/E. Analyst Commentary Bullish analysts are responding positively to JPMorgan Chase's recent Q3 results and refreshed guidance, and that is feeding into higher price targets and a constructive view on execution and earnings power.
Narrative Update Dec 19

JPM: Strong ROTCE And Loan Growth Are Expected To Drive Upside

Analysts have raised their fair value estimate for JPMorgan Chase to $375 from $350. This reflects increased confidence in stronger revenue growth, resilient profitability, and sustained post-earnings momentum that supports higher price targets across the Street.
Narrative Update Dec 05

JPM: Earnings And ROTCE Strength Will Offset Rising Expenses And Cybersecurity Risks

Analysts have modestly raised their price target on JPMorgan Chase, reflecting a slightly lower implied cost of equity and continued confidence in the bank's strong earnings momentum, robust ROTCE performance, and improving loan growth backdrop. Updated targets now cluster in the low to mid $300s per share.
Narrative Update Nov 21

JPM: Recent Earnings Momentum And New Ventures Will Balance Expense Pressures Ahead

JPMorgan Chase’s analyst price target saw a modest increase to approximately $328. Analysts cited the company's recent earnings beat and stronger loan growth as supportive factors for the upward revision.
Narrative Update Nov 06

JPM: Recent Guidance And New Initiatives Will Shape Sector Leadership Amid Ongoing Risks

JPMorgan Chase's analyst price target has been modestly increased by $1.26 per share to $327.70. Analysts point to the firm's recent earnings beat and improved growth guidance as supporting factors for the upward revision.
Narrative Update Oct 23

Analysts Boost JPMorgan Chase Price Target Amid Strong Earnings and Upgraded Growth Outlook

JPMorgan Chase's analyst price target has been revised upward by $5 to $326.43. Analysts highlight strong recent earnings, robust balance sheet growth, and improved revenue outlook despite elevated expenses.
Narrative Update Oct 09

Digital Banking And Tokenization Will Unlock Future Value

JPMorgan Chase's analyst price target has been increased by approximately $10 to $320.96, as analysts point to improved capital markets activity, stronger revenue growth, and reduced discount rates as factors driving the positive revision. Analyst Commentary Recent analyst commentary on JPMorgan Chase underscores a largely optimistic outlook, anchored by multiple price target increases and favorable assessments of the bank's recent financial performance.
Narrative Update Sep 25

Digital Banking And Tokenization Will Unlock Future Value

JPMorgan Chase’s consensus analyst price target has been revised upward as strong quarterly results, improved profitability outlook, and increased capital return flexibility outweigh near-term valuation concerns, lifting the fair value from $306.17 to $310.48. Analyst Commentary Bullish analysts highlight strong quarterly results, with EPS beats and upward revisions to net interest income guidance driven by loan growth, favorable yield curve, and robust deposit flows.
Analysis Article Sep 24

JPMorgan Chase's (NYSE:JPM) Upcoming Dividend Will Be Larger Than Last Year's

JPMorgan Chase & Co. ( NYSE:JPM ) has announced that it will be increasing its dividend from last year's comparable...
Seeking Alpha Apr 18

JPMorgan: Well-Positioned To Withstand Any 'Kerfuffle'

Summary JPM had a strong Q1, beating top- and bottom-line estimates, with significant growth in Consumer & Community Banking and double-digit growth in Corporate & Investment Banking and Asset & Wealth Management. Despite macroeconomic uncertainties, JPM reaffirmed its 2025 guidance, showcasing resilience and a well-rounded business model, making it a solid investment during turbulent times. The stock's recent selloff has made it attractive, leading to an upgrade from HOLD to BUY, with a price target of $271, representing an 18% upside. Key risks include an earlier-than-expected recession and prolonged subdued M&A environment, which could negatively impact JPM's bottom line. Read the full article on Seeking Alpha
New Narrative Apr 08

Rising Expenses And Margin Compression Will Undermine Future Earnings

Increased expenses and rising credit costs could compress margins, affecting JPMorgan's earnings and shareholder value.
New Narrative Apr 08

Wealth Management And Digital Banking Will Drive Future Value

Expansion into Wealth Management and digital banking positions JPMorgan Chase for higher revenue with diversified, higher-margin income sources.

Shareholder Returns

JPMUS BanksUS Market
7D-0.7%-1.8%-0.3%
1Y12.4%14.5%24.1%

Return vs Industry: JPM matched the US Banks industry which returned 14.5% over the past year.

Return vs Market: JPM underperformed the US Market which returned 24.1% over the past year.

Price Volatility

Is JPM's price volatile compared to industry and market?
JPM volatility
JPM Average Weekly Movement3.2%
Banks Industry Average Movement3.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: JPM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: JPM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1799320,079Jamie Dimonwww.jpmorganchase.com

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

JPMorgan Chase & Co. Fundamentals Summary

How do JPMorgan Chase's earnings and revenue compare to its market cap?
JPM fundamental statistics
Market capUS$797.99b
Earnings (TTM)US$57.51b
Revenue (TTM)US$173.56b
13.9x
P/E Ratio
2.3x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JPM income statement (TTM)
RevenueUS$173.56b
Cost of RevenueUS$0
Gross ProfitUS$173.56b
Other ExpensesUS$116.05b
EarningsUS$57.51b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 14, 2026

Earnings per share (EPS)21.46
Gross Margin100.00%
Net Profit Margin33.14%
Debt/Equity Ratio360.3%

How did JPM perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
28%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 17:39
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JPMorgan Chase & Co. is covered by 53 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays