JPMorgan Chase (JPM) Stock Forecast, Price Target & Predictions


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JPM Stock Forecast


JPMorgan Chase stock forecast is as follows: an average price target of $199.22 (represents a -2.50% downside from JPM’s last price of $204.32) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.

JPM Price Target


The average price target for JPMorgan Chase (JPM) is $199.22 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $239.00 to $120.00. This represents a potential -2.50% downside from JPM's last price of $204.32.

JPM Analyst Ratings


Buy

According to 25 Wall Street analysts, JPMorgan Chase's rating consensus is 'Buy'. The analyst rating breakdown for JPM stock is 0 'Strong Buy' (0.00%), 15 'Buy' (60.00%), 10 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

JPMorgan Chase Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 10, 2024Jason GoldbergBarclays$217.00$204.006.37%6.21%
Sep 10, 2024David KonradKBW$211.00$201.154.90%3.27%
Sep 03, 2024Matt O'ConnorDeutsche Bank$235.00$224.804.54%15.02%
Jul 15, 2024Chris KotowskiOppenheimer$221.00$210.195.14%8.16%
Jul 15, 2024-Seaport Global$220.00$210.054.74%7.67%
Jul 15, 2024Scott SiefersPiper Sandler$230.00$204.9412.23%12.57%
Jul 10, 2024David KonradNew Street$211.00$206.452.20%3.27%
Jul 03, 2024Ken UsdinJefferies$239.00$208.8314.45%16.97%
May 23, 2024Richard RamsdenGoldman Sachs$226.00$198.3113.96%10.61%
May 21, 2024Erika NajarianUBS$224.00$195.5814.53%9.63%
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The latest JPMorgan Chase stock forecast, released on Sep 10, 2024 by Jason Goldberg from Barclays, set a price target of $217.00, which represents a 6.37% increase from the stock price at the time of the forecast ($204.00), and a 6.21% increase from JPM last price ($204.32).

JPMorgan Chase Price Target by Period


1M3M12M
# Anlaysts3828
Avg Price Target$221.00$223.00$213.11
Last Closing Price$204.32$204.32$204.32
Upside/Downside8.16%9.14%4.30%

In the current month, the average price target of JPMorgan Chase stock is $221.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 8.16% increase as opposed to JPMorgan Chase's last price of $204.32. This month's average price target is down -0.90% compared to last quarter, and up 3.70% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024BarclaysOverweightOverweightHold
Sep 03, 2024Wells FargoMarket PerformHoldDowngrade
Sep 03, 2024Piper SandlerOverweightOverweightHold
Sep 03, 2024Wells FargoMarket PerformMarket PerformHold
Sep 03, 2024Deutsche BankBuyHoldDowngrade
Aug 20, 2024DaiwaBuyOutperformDowngrade
Jul 30, 2024Wells FargoMarket PerformMarket PerformHold
Jul 15, 2024RBC CapitalOutperformOutperformHold
Jul 15, 2024Seaport GlobalBuyBuyHold
Jul 15, 2024Morgan StanleyOverweightOverweightHold
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JPMorgan Chase's last stock rating was published by Barclays on Sep 10, 2024. The company gave JPM a "Overweight" rating, the same as its previous rate.

JPMorgan Chase Financial Forecast


JPMorgan Chase Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue--------------$41.31B$38.35B$32.26B$32.72B-$30.72B$29.26B$29.65B$30.48B$32.27B$29.22B$29.15B$32.98B$28.25B$26.86B$29.34B
Avg Forecast$42.88B$43.06B$43.06B$43.27B$41.98B$42.20B$42.67B$42.72B$40.68B$41.54B$42.23B$41.69B$39.73B$39.63B$38.62B$36.12B$34.35B$32.06B$31.87B$30.61B$29.82B$29.79B$29.97B$30.49B$28.67B$28.22B$30.41B$29.54B$27.87B$28.47B
High Forecast$43.81B$44.00B$44.00B$44.21B$42.89B$43.11B$43.60B$43.65B$41.57B$42.25B$43.14B$42.60B$41.02B$40.49B$39.46B$36.91B$35.10B$32.75B$31.87B$31.70B$30.88B$30.85B$31.03B$31.57B$29.69B$29.22B$31.49B$30.60B$28.86B$29.48B
Low Forecast$41.85B$42.03B$42.03B$42.23B$40.97B$41.18B$41.65B$41.70B$39.71B$40.59B$41.21B$40.69B$38.40B$38.68B$37.69B$35.26B$33.53B$31.29B$31.87B$29.72B$28.95B$28.92B$29.09B$29.60B$27.84B$27.39B$29.52B$28.68B$27.06B$27.64B
# Analysts6446437449748454435364585510744
Surprise %--------------1.07%1.06%0.94%1.02%-1.00%0.98%1.00%1.02%1.06%1.02%1.03%1.08%0.96%0.96%1.03%

JPMorgan Chase's average Quarter revenue forecast for Sep 23 based on 4 analysts is $39.63B, with a low forecast of $38.68B, and a high forecast of $40.49B. JPM's average Quarter revenue forecast represents a -4.07% decrease compared to the company's last Quarter revenue of $41.31B (Jun 23).

JPMorgan Chase EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435364585510744
EBITDA--------------$37.45B$15.54B$12.83B$11.52B-$9.63B$12.19B$13.65B$14.64B$17.25B$14.74B$11.34B$5.24B$2.78B$10.14B$10.93B
Avg Forecast$-748.03M$-751.26M$-751.31M$-754.84M$-732.34M$-736.14M$-744.46M$-745.32M$-709.75M$-724.70M$-736.68M$14.46B$-693.12M$-691.35M$-673.72M$13.14B$-599.32M$14.45B$-555.96M$11.95B$14.30B$13.14B$14.41B$12.76B$11.25B$10.70B$6.71B$14.23B$16.74B$18.52B
High Forecast$-730.06M$-733.21M$-733.26M$-736.70M$-714.75M$-718.46M$-726.58M$-727.42M$-692.70M$-708.19M$-718.98M$17.35B$-669.94M$-674.74M$-657.54M$15.77B$-584.92M$17.34B$-555.96M$14.34B$17.17B$15.76B$17.29B$15.31B$13.50B$12.84B$8.06B$17.08B$20.08B$22.23B
Low Forecast$-764.30M$-767.60M$-767.66M$-771.26M$-748.28M$-752.16M$-760.66M$-761.53M$-725.19M$-737.18M$-752.70M$11.57B$-715.60M$-706.38M$-688.38M$10.51B$-612.35M$11.56B$-555.96M$9.56B$11.44B$10.51B$11.52B$10.21B$9.00B$8.56B$5.37B$11.39B$13.39B$14.82B
Surprise %---------------55.59%1.18%-21.40%0.80%-0.81%0.85%1.04%1.02%1.35%1.31%1.06%0.78%0.20%0.61%0.59%

4 analysts predict JPM's average Quarter EBITDA for Sep 23 to be $-691.35M, with a high of $-674.74M and a low of $-706.38M. This is -101.85% lower than JPMorgan Chase's previous annual EBITDA (Jun 23) of $37.45B.

JPMorgan Chase Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435364585510744
Net Income--------------$14.47B$12.62B$11.01B$9.74B-$8.28B$10.40B$11.23B$11.50B$13.85B$11.70B$9.02B$4.69B$2.87B$8.09B$9.08B
Avg Forecast$13.67B$13.59B$13.72B$13.49B$11.94B$12.36B$12.49B$12.30B$10.85B$11.60B$17.03B$10.24B$9.69B$11.43B$11.40B$9.31B$8.90B$9.68B$8.42B$8.47B$9.29B$8.80B$9.33B$8.63B$7.39B$6.52B$3.15B$4.06B$7.72B$8.23B
High Forecast$14.06B$13.98B$14.11B$13.87B$12.27B$12.71B$12.84B$12.65B$11.16B$12.26B$17.52B$12.29B$10.55B$11.75B$11.72B$11.18B$9.15B$11.62B$8.42B$10.16B$11.15B$10.57B$11.19B$10.35B$8.87B$7.83B$3.79B$4.88B$9.27B$9.87B
Low Forecast$13.25B$13.17B$13.29B$13.07B$11.56B$11.97B$12.10B$11.91B$10.51B$11.19B$16.50B$8.20B$7.85B$11.07B$11.04B$7.45B$8.62B$7.75B$8.42B$6.77B$7.43B$7.04B$7.46B$6.90B$5.91B$5.22B$2.52B$3.25B$6.18B$6.58B
Surprise %--------------1.27%1.36%1.24%1.01%-0.98%1.12%1.28%1.23%1.61%1.58%1.38%1.49%0.70%1.05%1.10%

JPMorgan Chase's average Quarter net income forecast for Sep 23 is $11.43B, with a range of $11.07B to $11.75B. JPM's average Quarter net income forecast represents a -21.01% decrease compared to the company's last Quarter net income of $14.47B (Jun 23).

JPMorgan Chase SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435364585510744
SG&A--------------$12.34B$18.47B$17.28B$17.57B-$17.77B$16.38B$15.90B$16.40B$17.19B$14.71B$14.98B$15.66B$15.37B$14.83B$15.14B
Avg Forecast$15.59B$15.65B$15.65B$15.73B$15.26B$15.34B$15.51B$15.53B$14.79B$15.10B$15.35B$14.48B$14.44B$14.40B$14.04B$13.16B$12.49B$8.12B$11.58B$11.97B$8.95B$7.38B$8.15B$6.85B$5.28B$6.28B$6.72B$13.84B$8.14B$8.63B
High Forecast$15.92B$15.99B$15.99B$16.07B$15.59B$15.67B$15.85B$15.87B$15.11B$15.36B$15.68B$17.38B$14.91B$14.72B$14.34B$15.80B$12.76B$9.74B$11.58B$14.36B$10.74B$8.86B$9.78B$8.22B$6.34B$7.54B$8.07B$16.60B$9.77B$10.36B
Low Forecast$15.21B$15.28B$15.28B$15.35B$14.89B$14.97B$15.14B$15.16B$14.43B$14.75B$14.98B$11.59B$13.96B$14.06B$13.70B$10.53B$12.19B$6.50B$11.58B$9.57B$7.16B$5.91B$6.52B$5.48B$4.23B$5.03B$5.38B$11.07B$6.51B$6.91B
Surprise %--------------0.88%1.40%1.38%2.16%-1.49%1.83%2.15%2.01%2.51%2.78%2.38%2.33%1.11%1.82%1.75%

JPMorgan Chase's average Quarter SG&A projection for Sep 23 is $14.40B, based on 4 Wall Street analysts, with a range of $14.06B to $14.72B. The forecast indicates a 16.74% rise compared to JPM last annual SG&A of $12.34B (Jun 23).

JPMorgan Chase EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6446437449748454435364585510744
EPS--------------$4.76$4.11$3.58$3.13-$2.64$3.49$3.74$3.79$4.51$3.80$2.93$1.39$0.79$2.58$2.69
Avg Forecast$4.72$4.70$4.74$4.66$4.12$4.27$4.31$4.25$3.75$4.01$5.88$4.17$3.35$3.95$3.94$3.41$3.08$2.90$2.89$2.70$3.01$3.00$3.20$3.10$2.62$2.23$1.15$1.87$2.35$2.45
High Forecast$4.86$4.83$4.87$4.79$4.24$4.39$4.44$4.37$3.85$4.23$6.05$4.29$3.65$4.06$4.05$3.51$3.16$2.98$2.89$2.82$3.15$3.14$3.35$3.24$2.74$2.33$1.20$1.96$2.46$2.56
Low Forecast$4.58$4.55$4.59$4.51$3.99$4.14$4.18$4.12$3.63$3.87$5.70$4.04$2.71$3.83$3.81$3.31$2.98$2.81$2.89$2.59$2.90$2.89$3.08$2.98$2.52$2.14$1.10$1.80$2.26$2.36
Surprise %--------------1.21%1.20%1.16%1.08%-0.98%1.16%1.24%1.18%1.46%1.45%1.32%1.21%0.42%1.10%1.10%

According to 4 Wall Street analysts, JPMorgan Chase's projected average Quarter EPS for Sep 23 is $3.95, with a low estimate of $3.83 and a high estimate of $4.06. This represents a -17.04% decrease compared to JPM previous annual EPS of $4.76 (Jun 23).

JPMorgan Chase Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CMCanadian Imperial Bank of Commerce$61.45$106.6273.51%Buy
TDToronto-Dominion Bank$62.20$89.5243.92%Buy
BMOBank of Montreal$85.56$120.9541.36%Hold
BNSBank of Nova Scotia$52.04$71.5337.45%Hold
BACBank of America$38.65$48.2524.84%Buy
CCitigroup$57.67$69.9221.24%Buy
WFCWells Fargo & Company$52.78$58.8911.58%Buy
JPMJPMorgan Chase$204.32$199.22-2.50%Buy
RYRoyal Bank of Canada$123.59$107.81-12.77%Buy
NUNu$14.74$12.69-13.91%Buy

JPM Forecast FAQ


Yes, according to 25 Wall Street analysts, JPMorgan Chase (JPM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 60.00% of JPM's total ratings.

JPMorgan Chase (JPM) average price target is $199.22 with a range of $120 to $239, implying a -2.50% from its last price of $204.32. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for JPM stock, the company can go down by -2.50% (from the last price of $204.32 to the average price target of $199.22), up by 16.97% based on the highest stock price target, and down by -41.27% based on the lowest stock price target.

JPM's average twelve months analyst stock price target of $199.22 does not support the claim that JPMorgan Chase can reach $300 in the near future.

3 Wall Street analysts forecast a $221 price target for JPMorgan Chase (JPM) this month, up 8.16% from its last price of $204.32. Compared to the last 3 and 12 months, the average price target increased by 9.14% and increased by 4.30%, respectively.

JPMorgan Chase's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $169.57B (high $173.26B, low $165.49B), average EBITDA is $-2.958B (high $-2.887B, low $-3.023B), average net income is $49.08B (high $50.47B, low $47.55B), average SG&A $61.63B (high $62.98B, low $60.15B), and average EPS is $16.96 (high $17.43, low $16.43). JPM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $172.27B (high $176.02B, low $168.13B), average EBITDA is $-3.005B (high $-2.933B, low $-3.071B), average net income is $54.47B (high $56.02B, low $52.77B), average SG&A $62.62B (high $63.98B, low $61.11B), and average EPS is $18.82 (high $19.35, low $18.23).

Based on JPMorgan Chase's last annual report (Dec 2022), the company's revenue was $122.31B, which missed the average analysts forecast of $128.88B by -5.10%. Apple's EBITDA was $44.38B, beating the average prediction of $25.24B by 75.82%. The company's net income was $37.68B, beating the average estimation of $35.47B by 6.21%. Apple's SG&A was $69.78B, beating the average forecast of $44.16B by 58.01%. Lastly, the company's EPS was $12.1, beating the average prediction of $11.56 by 4.69%. In terms of the last quarterly report (Jun 2023), JPMorgan Chase's revenue was $41.31B, beating the average analysts' forecast of $38.62B by 6.96%. The company's EBITDA was $37.45B, missing the average prediction of $-674M by -5658.81%. JPMorgan Chase's net income was $14.47B, beating the average estimation of $11.4B by 26.98%. The company's SG&A was $12.34B, missing the average forecast of $14.04B by -12.10%. Lastly, the company's EPS was $4.76, beating the average prediction of $3.94 by 20.90%