JPMorgan Chase & Co. (JPM)

NYSE: JPM · USD

$339

+3.49 (+1.0%)· Recorded snapshot

Fallback in ingleseIT

Mostrando la fonte in inglese mentre traduciamo

Questo report non è ancora stato tradotto. Aggiorna tra qualche minuto una volta che la coda di traduzione avrà recuperato.

StockMarketAgent Research · Analyzed 2026-09-08

Our latest published analysis: JPM rated Sell

JPMorgan Chase & Co.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$276 / share

Potential value

$317 / share

Upside to FV

-23.2%

from $339

Moat

1/10

None

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$953.3B
Revenue (ttm)	190.7B
Net income (ttm)	64.5B
EPS (ttm)	$23.8
Shares out	2.7B
P/E (trailing)	14.2x
P/E (forward)	14.5x
Dividend	$6.60 (1.95%)
Volume	3,608,127
Beta	1.02

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 190.7B
Net income (ttm): 64.5B
EPS (ttm): $23.8
P/E (trailing): 14.2x
P/E (forward): 14.5x
Market cap: $953.3B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$121.65B	$128.70B	$158.10B	$177.56B	$182.45B	+10.7%
Gross profit	$130.91B	$121.39B	$145.67B	$158.79B	$167.61B	+6.4%
Operating income	$59.56B	$46.17B	$61.61B	$75.08B	$72.60B	+5.1%
Net income	$48.33B	$37.68B	$49.55B	$58.47B	$57.05B	+4.2%
EPS (diluted)	$15.36	$12.09	$16.23	$19.75	$20.02	+6.8%
EBITDA	$67.49B	$53.22B	$69.12B	$83.02B	$81.42B	+4.8%
R&D	—	—	—	—	—	—
SG&A	$38.57B	$41.64B	$46.47B	$51.36B	$54.49B	+9.0%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	Acquisto forte
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	Acquisto forte
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	Mantenere
AJG	Arthur J. Gallagher & Co.	66.7B	43.2x	4.4x	6.6%	+15.3%	-5.7%	Comprare
ALL	The Allstate Corporation	63.2B	5.0x	0.9x	32.6%	+8.5%	+31.8%	Acquisto forte
AMP	Ameriprise Financial, Inc.	43.1B	11.8x	2.2x	43.0%	+8.9%	+1.1%	Comprare

Base and Bull scenarios

Base55%

Price target

$275.50

-23.2% from spot

This outcome assumes the earnings reset holds, growth normalizes in FY2027, and the geographic revenue mix remains broadly stable. Results near central FY2027 forecasts would support this outlook.

FY2026 resets earnings, then FY2027 growth slows while margins and share discipline remain broadly intact.

Bull20%

Price target

$316.94

-11.6% from spot

This outcome requires FY2027 revenue and diluted EPS near the upper ends of their forecast ranges, supported by continued repurchases. Margin erosion or rising diluted shares would disconfirm the outlook by FY2027.

FY2027 revenue and diluted EPS land near the upper forecast ranges while repurchases continue without weakening profitability.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($275.50). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.5%	3.0%	3.5%	4.0%
6.8%	$326	$339	$356	$377	$407
7.8%	$291	$299	$308	$320	$335
8.8%	$265	$270	$276	$283	$291
9.8%	$244	$247	$251	$255	$260
10.8%	$227	$229	$231	$234	$237

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14.5

P25 n/aP50 n/aP75 n/a

Trailing P/E15.4

P25 n/aP50 n/aP75 n/a

ROE18

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All JPM indicators

Market & fundamental data

Available fields

231

Groups with data

Currency

USD

Showing 231 of 231 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000019617
Company name	JPMorgan Chase & Co.
Country	United States
Country code	US
CUSIP number	46625H100
Earnings date	2026-10-13
Earnings time	bmo
Employees	322,964
Employees change	4,811
Employees growth	1.51%
Enterprise value	$345.8B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1799
In index	SP500, DOW30
Industry	Banks - Diversified
Is primary listing	Yes
Is SPAC	No
ISIN number	US46625H1005
Last 10-K release date	2026-02-13
Last earnings date	2026-10-13
Last refreshed	2026-10-28
Last stock split date	2000-06-12
Last stock split type	Forward
Market cap	$901B
Market cap category	Mega-Cap
Next earnings date	2027-01-12
Options	Yes
Price	$339.28
Price currency	USD
Sector	Financials
SIC code	6021
Stock price date	2026-10-28
Symbol	JPM
U.S. state	New York
Website	https://www.jpmorganchase.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	15.11x
Average P/E ratio (10Y)	12.01x
Average P/E ratio (3Y)	12.95x
Average P/E ratio (5Y)	11.56x
Earnings yield	7.02%
EV/Earnings	5.37x
EV/Sales	1.82x
Forward EV/Sales	1.61x
Forward P/E	13.49x
Forward P/S	4.2x
Graham number	266.23722
Graham upside	-21.58%
Industry forward P/E	11.84x
Industry P/E	13.41x
Lynch fair value	$142.29
Lynch upside	-58.09%
P/B ratio	2.54x
P/E ratio	14.25x
P/S ratio	4.73x
PEG ratio	1.19x
Price / tangible book value	3.04x
Sector forward P/E	13.61x
Sector P/E	15.65x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	22.64%
Operating margin	44.56%
Pretax margin	44.72%
Profit margin	34.59%
Profit per employee	$199,796
Profitable quarters	51
Profitable years	35
Revenue per employee	$590,570
ROA	1.37%
ROA (5Y)	1.31%
ROE	18.01%
ROE (5Y)	15.84%
Tax / revenue	10.12%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	17.97%
EPS growth (Q)	9.86%
EPS growth (QoQ)	-27.66%
EPS growth 10Y	15.17%
EPS growth 3Y	12.43%
EPS growth 5Y	8.54%
EPS growth quarters	2
EPS growth years	3
Net income growth	13.7%
Net income growth (Q)	6.34%
Net income growth (QoQ)	-28.03%
Net income growth 3Y	9.25%
Net income growth 5Y	5.98%
Net income growth quarters	2
Net income growth years	0
Revenue growth	14.06%
Revenue growth (Q)	10.24%
Revenue growth (QoQ)	-13.5%
Revenue growth 10Y	7.93%
Revenue growth 3Y	10.23%
Revenue growth 5Y	7.71%
Revenue growth quarters	4
Revenue growth years	10

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
EPS	$23.81
Financing cash flow	$248.1B
Gross profit	$190.7B
Income taxes	$19.3B
Investing cash flow	$-185.8B
Net borrowing	$149.2B
Net cash flow	$-110.5B
Net income	$64.5B
Operating income	$85B
Revenue	$190.7B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$132.30
Debt / equity	3.56
Goodwill	$52.7B
Net cash (debt)	$555.2B
Net cash / market cap	61.58%
Net cash growth	111.15%
Net debt / equity	-1.49
Piotroski F-Score	2
Property, plant and equipment	$38.7B
Shareholders' equity	$372.4B
Tangible book value	$296.2B
Tangible book value per share	$111.55
Total assets	$5.1T
Total cash	$1.9T
Total debt	$1.3T
Total liabilities	$4.7T
WACC	3.98%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	$-1.8T

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	3.48%
Dividend growth	10.81%
Dividend growth (10Y)	12.83%
Dividend growth (3Y)	14.94%
Dividend growth (5Y)	10.7%
Dividend growth years	15
Dividend payment date	2026-10-31
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$6.60
Dividend yield	1.95%
Ex-dividend date	2026-10-06
Last dividend	$1.65
Payout ratio	25.83%
Shareholder yield	5.42%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	390.12%
10Y return CAGR	20.33%
10Y total return	535.97%
150-day SMA	$329.82
15Y price change	816.56%
15Y return CAGR	19.05%
15Y total return	1,267.11%
1D price change	1.04%
1M price change	-1.09%
1M total return	-0.6%
1W price change	1.21%
1W total return	1.21%
1Y price change	11.56%
1Y return CAGR	13.72%
1Y total return	13.71%
20-day SMA	$334.04
200-day SMA	$322.64
20Y price change	617.51%
20Y return CAGR	13.2%
20Y total return	1,093.08%
3M price change	-4.74%
3M total return	-4.27%
3Y price change	150.06%
3Y return CAGR	38.63%
3Y total return	166.49%
50-day SMA	$343.85
50-day SMA vs 200-day SMA	50over200
52-week high	$366.50
52-week high date	2026-08-13
52-week low	$279.10
52-week low date	2026-03-12
5Y price change	102.18%
5Y return CAGR	18.01%
5Y total return	128.88%
6M price change	8.88%
6M total return	9.92%
All-time high	$366.50
All-time high date	2026-08-13
All-time low	$3.21
All-time low date	1990-10-30
Average true range (ATR)	$6.02
Average volume	6.8M
Beta (1Y)	0.54
Beta (2Y)	1.08
Beta (5Y)	1.02
Change from 52-week high	-7.43%
Change from 52-week low	21.56%
Change from all-time high	-7.42%
Change from all-time low	10,477%
Change from open	0.72%
Day's gap	0.32%
Dollar volume	$1.2B
High price	$340.88
Low price	$335.25
Monthly RSI	64.93
Open price	$336.86
Position in 52-week range	71.58%
Premarket change	0.3%
Premarket close	$335.79
Premarket price	$336.81
Premarket volume	167.7K
Previous close	$335.79
Price vs 150-day SMA	2.88%
Price vs 20-day SMA	1.58%
Price vs 200-day SMA	5.17%
Price vs 50-day SMA	-1.32%
Relative volume	0.53
RSI	52.81
Sharpe ratio	0.51
Sharpe ratio (3Y)	1.3
Sharpe ratio (5Y)	0.62
Sortino ratio	0.96
Sortino ratio (3Y)	2.14
Sortino ratio (5Y)	1.14
Volume	3.6M
Weekly RSI	53.09
YTD price change	5.3%
YTD total return	7.33%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2.6B
Float percentage	99.47%
Shares change (QoQ)	-0.42%
Shares change (YoY)	-3.48%
Shares held by insiders	0.36%
Shares held by institutions	75.01%
Shares outstanding	2.7B
Short % of float	0.91%
Short % of shares	0.91%
Short ratio	3 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	406

Deeper analysis on JPM

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this JPM report

What is the latest published JPM stock rating?

JPMorgan Chase & Co. is shown with Sell in the latest published report, analyzed 2026-09-08. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full JPM analysis?

The full latest published report, analyzed 2026-09-08, lives at /stocks/JPM/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for JPM?

The latest published report analyzed 2026-09-08 gives JPM a fair value of USD 276 and a potential value of USD 317. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the JPM page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-08). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellJPM · Fair value $276-23.2%

Read full analysis →

JPMorgan Chase & Co. (JPM)

Our latest published analysis: JPM rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · JPM

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All JPM indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on JPM

Frequently asked questions

Storico dei rating

Category	Score	Reading
Valuation	1.5
Management	6.5
Balance Sheet	5.0
Profitability	7.5
Revenue Growth	9.0
Risk Assessment	6.0
Competitive Moat	1.0
Earnings Quality	4.5
Capital Efficiency	4.0