43/100BJPMorgan Chase & Co stock forecast 2026–2030
Analysts' average 12-month price target for JPMorgan Chase & Co is 373.36, 10.5% above the current price of 337.99. Their targets range from 312.00 to 425.00.
Of the 15 firms that rated JPMorgan Chase & Co in the past 12 months, 8 rate it buy or strong buy, 7 hold and 0 sell or strong sell (each firm at its latest rating); on average they come to Buy.
Analysts' 1-year price targets range from 312.00 to 425.00, with an average of 373.36.
| Strong buy | 0 | |
| Buy | 8 | |
| Hold | 7 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 425.00 |
| Average target | 373.36 |
| Lowest target | 312.00 |
| Current price | 337.99 |
JPMorgan Chase & Co price target history
Analysts' average price target for JPMorgan Chase & Co has risen 15.6% over the past year, from 323.00 to 373.36. Each is the average of every firm's latest target from the six months before: 11 firms now, 8 a year ago.
Each day: the average of every firm's latest target from the six months before, adjusted for splits, from the price targets analysts published. The table gives each month end.
How analysts rate JPMorgan Chase & Co, month by month
8 of 15 firms rate it buy now, against 9 of 14 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
JPMorgan Chase & Co analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 14 Oct 2026 | Truist Financial | Reiterated · Hold | 352.00 → 361.00 | +2.6% | 332.42 |
| 14 Oct 2026 | Robert W. Baird David George | — | 305.00 → 312.00 | +2.3% | 331.43 |
| 14 Oct 2026 | Morgan Stanley Manan Gosalia | Reiterated · Equal Weight | 370.00 → 377.00 | +1.9% | 331.43 |
| 14 Oct 2026 | Barclays Jason Goldberg | Reiterated · Overweight | 420.00 → 425.00 | +1.2% | 331.43 |
| 13 Oct 2026 | Goldman Sachs | — | 418.00 → 392.00 | -6.2% | 331.43 |
| 5 Oct 2026 | UBS | Reiterated · Buy | 400.00 → 395.00 | -1.2% | 332.38 |
| 14 Aug 2026 | Wells Fargo | Reiterated · Overweight | 375.00 → 390.00 | +4.0% | 363.11 |
| 3 Aug 2026 | UBS Erika Najarian | Reiterated · Buy | 384.00 → 400.00 | +4.2% | 355.27 |
| 22 Jul 2026 | Deutsche Bank | — | 375.00 | — | 348.21 |
| 15 Jul 2026 | Truist Financial John McDonald | Reiterated · Hold | 344.00 → 352.00 | +2.3% | 347.88 |
| 15 Jul 2026 | RBC Capital Gerard Cassidy | Reiterated · Outperform | 330.00 → 370.00 | +12.1% | 342.89 |
| 15 Jul 2026 | Robert W. Baird David George | — | 295.00 → 305.00 | +3.4% | 342.89 |
| 15 Jul 2026 | Morgan Stanley | — | 331.00 → 370.00 | +11.8% | 342.89 |
| 15 Jul 2026 | Barclays | Reiterated · Overweight | 391.00 → 420.00 | +7.4% | 342.89 |
| 15 Jul 2026 | Wells Fargo | Reiterated · Overweight | 360.00 → 375.00 | +4.2% | 342.89 |
| 14 Jul 2026 | Goldman Sachs | — | 361.00 → 418.00 | +15.8% | 342.89 |
| 14 Jul 2026 | Jefferies | — | 350.00 | — | 342.89 |
| 7 Jul 2026 | UBS Erika Najarian | Reiterated · Buy | 350.00 → 384.00 | +9.7% | 340.79 |
| 6 Jul 2026 | Evercore ISI Glenn Schorr | Reiterated · Outperform | 340.00 → 360.00 | +5.9% | 336.13 |
| 6 Jul 2026 | Wells Fargo | Reiterated · Overweight | 350.00 → 360.00 | +2.9% | 334.47 |
| 26 Jun 2026 | Truist Financial John McDonald | Reiterated · Hold | 332.00 → 344.00 | +3.6% | 331.97 |
| 17 Apr 2026 | Evercore ISI | Reiterated · Outperform | 298.00 → 340.00 | +14.1% | 312.25 |
| 15 Apr 2026 | Truist Financial | Reiterated · Hold | 323.00 → 332.00 | +2.8% | 311.12 |
| 15 Apr 2026 | Robert W. Baird | — | 280.00 → 295.00 | +5.4% | 311.12 |
| 14 Apr 2026 | Goldman Sachs | — | 366.00 → 361.00 | -1.4% | 311.12 |
| 26 Mar 2026 | Truist Financial | Reiterated · Hold | 334.00 → 323.00 | -3.3% | 291.66 |
| 17 Feb 2026 | Wells Fargo Mike Mayo | Reiterated · Overweight | 350.00 | — | 302.55 |
| 5 Feb 2026 | HSBC | — | 245.00 → 319.00 | +30.2% | 310.16 |
| 14 Jan 2026 | Robert W. Baird | — | 220.00 → 280.00 | +27.3% | 307.02 |
| 14 Jan 2026 | Truist Financial | — | 331.00 → 334.00 | +0.9% | 307.80 |
| 14 Jan 2026 | RBC Capital Gerard Cassidy | — | 305.00 → 330.00 | +8.2% | 307.87 |
| 7 Jan 2026 | HSBC Saul Martinez | — | 245.00 | — | 327.21 |
| 6 Jan 2026 | Truist Financial John McDonald | Reiterated · Hold | 330.00 → 331.00 | +0.3% | 334.04 |
| 5 Jan 2026 | Barclays | Reiterated · Overweight | 342.00 → 391.00 | +14.3% | 325.48 |
| 18 Dec 2025 | Truist Financial John McDonald | Reiterated · Hold | 270.00 → 330.00 | +22.2% | 315.99 |
| 9 Dec 2025 | Morgan Stanley | — | 338.00 → 331.00 | -2.1% | 300.47 |
JPMorgan Chase & Co EPS and revenue estimates
Analysts expect JPMorgan Chase & Co's EPS to grow 11.2% a year until 2028, slower than over the last 5 years (17.7% a year) and the last 3 years (18.3%).
Analysts expect JPMorgan Chase & Co's revenue to fall 6.5% a year until 2028. Over the last 5 years it grew 16.6% a year, and over the last 3 years it grew 22.1%.
Revenue
EPS
Does JPMorgan Chase & Co beat earnings estimates?
On average, analysts' EPS estimate was 10.6% off the result, either way, and their revenue estimate 4.9%, over the last 12 quarters.
- EPS beats
- 88 / 115
- Revenue beats
- 95 / 114
- Average EPS surprise, last 12
- +9.3%
- Since
- April 1997
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 13 Oct 2026 | 5.93 | 5.75 | -3.0% | 51.23B | 50.17B | -2.1% |
| Q2 FY2026 | 14 Jul 2026 | 5.59 | 7.70 | +37.7% | 50.72B | 57.35B | +13.1% |
| Q1 FY2026 | 14 Apr 2026 | 5.47 | 5.94 | +8.6% | 49.18B | 49.84B | +1.3% |
| Q4 FY2025 | 13 Jan 2026 | 4.85 | 4.63 | -4.5% | 46.17B | 45.80B | -0.8% |
| Q3 FY2025 | 14 Oct 2025 | 4.85 | 5.07 | +4.5% | 45.47B | 46.43B | +2.1% |
| Q2 FY2025 | 15 Jul 2025 | 4.48 | 4.96 | +10.7% | 43.81B | 44.88B | +2.4% |
| Q1 FY2025 | 11 Apr 2025 | 4.63 | 5.07 | +9.5% | 43.99B | 45.33B | +3.0% |
| Q4 FY2024 | 15 Jan 2025 | 4.09 | 4.81 | +17.6% | 41.95B | 42.77B | +2.0% |
| Q3 FY2024 | 11 Oct 2024 | 3.99 | 4.37 | +9.5% | 41.43B | 42.66B | +3.0% |
| Q2 FY2024 | 12 Jul 2024 | 5.88 | 6.12 | +4.1% | 42.23B | 51.00B | +20.8% |
| Q1 FY2024 | 12 Apr 2024 | 4.17 | 4.63 | +11.0% | 41.69B | 41.91B | +0.5% |
| Q4 FY2023 | 12 Jan 2024 | 3.73 | 3.97 | +6.4% | 41.92B | 38.60B | -7.9% |
JPMorgan Chase & Co stock price 2026–2030: scenarios
If JPMorgan Chase & Co's earnings keep growing at the 11.7% a year analysts expect to FY2028, it would earn about 34.31 a share in FY2030. At the P/E it has traded at over the last five years (10.3 to 16.1) that is 353.00 to 551.35 a share, or 411.85 at its average P/E of 12.0. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 24.69 | 254.07 | 296.42 | 396.83 |
| FY2027 | 25.59 | 263.33 | 307.24 | 411.31 |
| FY2028 | 27.50 | 282.92 | 330.09 | 441.90 |
| FY2029 (extrapolated) | 30.71 | 316.02 | 368.71 | 493.60 |
| FY2030 (extrapolated) | 34.31 | 353.00 | 411.85 | 551.35 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 11.7% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (10.3, 12.0, 16.1).
Is JPMorgan Chase & Co stock undervalued or overvalued?
JPMorgan Chase & Co's P/E of 14.2 is above the middle of its 5-year range (7.8 to 17.2, median 11.8). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Buyers pay more for each point of growth than usual: a PEG of 1.3 on expected growth against 0.7 on its median P/E and past five years' growth. At its usual P/E (11.8 × EPS of 23.88), JPMorgan Chase & Co's fair value is 280.79; the price, 337.99, is 20.4% above it. Its forward P/E, on the consensus for FY2026, is 13.7.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (7.8 and 17.2). The price against its P/E range
- Price to earnings ratio (TTM)
- 14.15
- Five-year median P/E
- 11.76
- Five-year P/E range
- 7.8 – 17.2
- Forward P/E (FY2026)
- 13.69
- PEG ratio
- 1.21
- To the average target
- +10.5%