JPMorgan Chase & Co. — Wall Street Analyst Estimates & Price Targets

JPM

NYSEFinancial ServicesBanks - DiversifiedCIK 0000019617jpmorganchase.comAbout JPM

Last close · Oct 16, 2026339.72+4.19 (+1.25%)

Market cap$903.0B

8 firms' latest targets, last 90 days: median $383.50 ($312.00–$425.00), 13% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 8 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-14	Truist	$361.00	$352.00	▲ 3%	+9%	+6%
2026-10-14	Baird	$312.00	$305.00	▲ 2%	-6%	-8%
2026-10-14	Morgan Stanley	$377.00	$370.00	▲ 2%	+14%	+11%
2026-10-14	Barclays	$425.00	$420.00	▲ 1%	+28%	+25%
2026-10-13	Goldman Sachs	$392.00	$418.00	▼ 6%	+18%	+15%
2026-10-05	UBS	$395.00	$400.00	▼ 1%	+19%	+16%
2026-08-14	Wells Fargo	$390.00	$375.00	▲ 4%	+7%	+15%
2026-07-22	Deutsche Bank	$375.00	—	—	+8%	+10%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2021reported	$121.6B	+2%	$15.36	+73%	est. $123.1B-1%	est. $15.04	6
2022reported	$128.7B	+6%	$12.09	-21%	est. $129.9B-1%	est. $11.62	5
2023reported	$158.1B	+23%	$16.23	+34%	est. $160.6B-2%	est. $16.52	12
2024reported	$177.6B	+12%	$19.75	+22%	est. $175.8B+1%	est. $18.59	9
2025reported	$182.4B	+3%	$20.02	+1%	est. $183.5B-1%	est. $20.20	7
2026	$208.5B	+14%	$24.80	+23%	$207.5B–$209.9B	$23.86–$25.89	10
2027	$216.4B	+4%	$25.58	+3%	$210.9B–$223.9B	$25.27–$26.16	12
2028	$227.8B	+5%	$27.53	+8%	$217.1B–$233.8B	$25.00–$29.71	7

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$383.50median target, 13% above the last close

Firms with a target · last 90 days: 8
Lowest – highest target: $312.00 – $425.00
Current grades of 15 firms: positive / neutral / negative: 8 / 7 / 0
Upgrades / downgrades · 12 months: 0 / 0
Consensus revenue growth · next 3 FY: +8% a year

Current grades

each firm's latest · 15 firms

As of	Firm	Grade
2026-10-15	Citigroup	“Neutral”
2026-10-14	Morgan Stanley	“Equal Weight”
2026-10-14	RBC Capital	“Outperform”
2026-10-14	Baird	“Neutral”
2026-10-14	Barclays	“Overweight”
2026-10-14	Truist	“Hold”
2026-10-05	UBS	“Buy”
2026-09-28	HSBC	“Hold”
2026-08-14	Wells Fargo	“Overweight”
2026-07-17	Evercore ISI	“Outperform”

5 more

2026-07-16	Bank of America	“Buy”
2026-07-15	Keefe, Bruyette & Woods	“Outperform”
2026-04-15	Jefferies	“Hold”
2026-04-14	Piper Sandler	“Overweight”
2026-01-22	Freedom Capital Markets	“Hold”

Grade changes

last 24 months · 1

Date	Firm	Grade
2024-11-20	Oppenheimer	“Outperform” → “Perform” downgrade

59 older than 24 months

2024-09-03	Deutsche Bank	“Buy” → “Hold” downgrade
2024-01-09	Deutsche Bank	“Hold” → “Buy” upgrade
2023-12-18	Daiwa Capital	“Outperform” → “Buy” revised
2023-07-12	Citigroup	“Buy” → “Neutral” downgrade
2023-07-11	Jefferies	“Hold” → “Buy” upgrade
2023-07-10	Societe Generale	“Buy” → “Hold” downgrade
2023-07-07	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2023-03-13	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2023-01-06	Deutsche Bank	“Buy” → “Hold” downgrade
2022-12-06	Morgan Stanley	“Underweight” → “Overweight” upgrade
2022-07-18	Berenberg	“Sell” → “Hold” upgrade
2022-07-12	Citigroup	“Neutral” → “Buy” upgrade
2022-05-03	Oppenheimer	“Perform” → “Outperform” upgrade
2022-02-14	Jefferies	“Buy” → “Hold” downgrade
2022-01-04	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2021-04-27	Atlantic Equities	“Overweight” → “Neutral” downgrade
2021-01-07	Bank of America	“Neutral” → “Buy” upgrade
2021-01-07	Jefferies	“Hold” → “Buy” upgrade
2020-12-03	Independent Research	“Buy” → “Hold” downgrade
2020-11-30	Morgan Stanley	“Overweight” → “Underweight” downgrade
2020-11-19	Keefe, Bruyette & Woods	“Outperform” → “Market Perform” downgrade
2020-09-29	Independent Research	“Hold” → “Buy” upgrade
2020-09-03	Deutsche Bank	“Hold” → “Buy” upgrade
2020-07-22	Atlantic Equities	“Neutral” → “Overweight” upgrade
2020-07-09	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2020-07-09	D.A. Davidson	“Neutral” → “Buy” upgrade
2020-03-20	DZ Bank	“Hold” → “Buy” upgrade
2020-03-02	Piper Sandler	“Neutral” → “Overweight” upgrade
2020-02-03	Odeon Capital	“Hold” → “Buy” upgrade
2020-01-06	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2019-12-10	Keefe, Bruyette & Woods	“Outperform” → “Market Perform” downgrade
2019-09-16	Buckingham	“Buy” → “Neutral” downgrade
2019-08-21	DZ Bank	“Buy” → “Hold” downgrade
2019-01-08	Jefferies	“Buy” → “Hold” downgrade
2018-07-19	DZ Bank	“Hold” → “Buy” upgrade
2018-02-13	Keefe, Bruyette & Woods	“Market Perform” → “Outperform” upgrade
2018-01-17	DZ Bank	“Sell” → “Hold” upgrade
2017-12-21	Buckingham Research	“Neutral” → “Buy” upgrade
2017-09-26	Deutsche Bank	“Buy” → “Hold” downgrade
2017-04-25	Guggenheim	“Neutral” → “Buy” upgrade
2017-01-17	Keefe, Bruyette & Woods	“Outperform” → “Market Perform” downgrade
2016-11-09	Baird	“Outperform” → “Neutral” downgrade
2016-10-17	Buckingham	“Buy” → “Neutral” downgrade
2016-10-16	BMO Capital	“Outperform” → “Market Perform” downgrade
2016-10-06	Sandler O'Neill	“Buy” → “Hold” downgrade
2016-10-06	Piper Sandler	“Buy” → “Hold” downgrade
2016-09-09	Macquarie	“Outperform” → “Neutral” downgrade
2016-08-16	Bernstein	“Outperform” → “Market Perform” downgrade
2016-08-08	Citigroup	“Buy” → “Neutral” downgrade
2016-04-25	Erste Group	“Buy” → “Hold” downgrade
2016-02-22	Portales Partners	“Sector Perform” → “Underperform” downgrade
2016-02-05	UBS	“Neutral” → “Buy” upgrade
2016-01-25	Nomura	“Buy” → “Neutral” downgrade
2016-01-15	Atlantic Equities	“Neutral” → “Overweight” upgrade
2016-01-11	Goldman Sachs	“Buy” → “Neutral” downgrade
2015-09-16	BMO Capital	“Market Perform” → “Outperform” upgrade
2015-08-25	CLSA	“Outperform” → “Buy” revised
2015-08-17	Keefe, Bruyette & Woods	“Market Perform” → “Outperform” upgrade
2015-06-29	Oppenheimer	“Outperform” → “Perform” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.