JPMorgan Chase & Co. (NYSE:JPM) Now Covered by TD Cowen

Analysts at TD Cowen assumed coverage on shares of JPMorgan Chase & Co. (NYSE:JPM) in a research note issued on Thursday, Marketbeat reports. The firm set a “hold” rating and a $370.00 price target on the financial services provider’s stock. TD Cowen’s price objective suggests a potential upside of 12.63% from the company’s previous close.

A number of other equities research analysts also recently weighed in on JPM. The Goldman Sachs Group restated a “buy” rating and set a $418.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Jefferies Financial Group restated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Wells Fargo & Company raised 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. Citigroup raised their price target on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research report on Wednesday, July 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $362.88.

Read Our Latest Analysis on JPM

JPMorgan Chase & Co. Price Performance

NYSE:JPM traded down $1.08 during trading hours on Thursday, hitting $328.50. 1,493,085 shares of the company’s stock traded hands, compared to its average volume of 9,195,515. The firm has a market cap of $873.23 billion, a P/E ratio of 14.08, a P/E/G ratio of 1.36 and a beta of 1.02. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The business’s fifty day simple moving average is $351.12 and its two-hundred day simple moving average is $328.32. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results 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. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The business had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. During the same quarter last year, the business posted $4.96 earnings per share. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. On average, research analysts anticipate that JPMorgan Chase & Co. will post 24.16 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Institutional Trading of JPMorgan Chase & Co.

Large investors have recently bought and sold shares of the company. State Street Corp boosted its position in JPMorgan Chase & Co. by 0.8% during the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock valued at $40,984,758,000 after acquiring an additional 932,632 shares in the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan Chase & Co. by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock worth $22,804,018,000 after purchasing an additional 4,006,293 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of JPMorgan Chase & Co. by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock worth $7,084,339,000 after purchasing an additional 540,362 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of JPMorgan Chase & Co. by 0.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock worth $6,164,741,000 after purchasing an additional 134,634 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of JPMorgan Chase & Co. by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock worth $5,578,788,000 after purchasing an additional 607,288 shares in the last quarter. 71.55% of the stock is owned by institutional investors.

Key JPMorgan Chase & Co. News

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

  • Positive Sentiment: Q3 earnings optimism: JPMorgan is scheduled to report third-quarter results on Oct. 13. Analysts expect continued earnings growth, supported by strong investment-banking activity and trading performance. The bank’s equities business surged 86% in the prior quarter, raising expectations for another solid report. Dear JPMorgan Stock Fans, Mark Your Calendars for Oct. 13
  • Positive Sentiment: Shareholder returns remain attractive: JPMorgan recently increased its dividend by 10%, while its relatively modest payout ratio suggests the bank retains capacity for further dividend growth. JPMorgan Just Raised Its Dividend 10%
  • Positive Sentiment: Business expansion: Chase is adding payroll services to its business-banking platform, potentially deepening customer relationships and generating additional fee revenue. JPMorgan also hired veteran dealmaker Rob Sweeney as a global investment-banking chair, signaling continued expansion in advisory and capital-markets operations. Chase Adds Payroll to Larger Business Banking Offering
  • Neutral Sentiment: AI investment offers both opportunity and uncertainty: JPMorgan leads the 2026 Evident AI Index and has a technology budget of roughly $19.8 billion, but near-term returns from that spending remain uncertain. CEO Jamie Dimon also warned that AI-driven cyber threats have increased significantly, creating potential operational and reputational risks. JPMorgan Tops AI Rankings Again
  • Negative Sentiment: Spiking yields are a headwind: Although moderately higher rates can benefit banks, a sharp rise in Treasury yields can pressure bond portfolios, increase funding costs and weaken loan demand. Dimon warned that intense competition for capital could squeeze corporate borrowers. Banks Under Pressure from Spiking Yields Ahead of Q3 Results
  • Negative Sentiment: Housing and macroeconomic concerns: JPMorgan says housing affordability is near its worst level since the financial crisis and the market is effectively frozen. The bank also expects recently proposed housing legislation to have limited near-term impact, keeping pressure on mortgage activity and credit conditions. US Housing Affordability Nears Worst Level Since Financial Crisis

About JPMorgan Chase & Co.

(Get Free Report)

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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Analyst Recommendations for JPMorgan Chase & Co. (NYSE:JPM)

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