HSBC Cuts JPMorgan Chase & Co. (NYSE:JPM) Price Target to $288.00

JPMorgan Chase & Co. (NYSE:JPM) had its price objective reduced by HSBC from $319.00 to $288.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a “hold” rating on the financial services provider’s stock. HSBC’s price target suggests a potential downside of 2.23% from the company’s previous close.

A number of other brokerages have also recently weighed in on JPM. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Tuesday, February 24th. DZ Bank reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 14th. Wolfe Research cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Jefferies Financial Group started coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, March 26th. They set a “hold” rating and a $310.00 price target on the stock. Finally, Truist Financial cut their price objective on shares of JPMorgan Chase & Co. from $334.00 to $330.00 in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $336.48.

View Our Latest Research Report on JPM

JPMorgan Chase & Co. Price Performance

JPM traded up $0.42 during trading on Wednesday, reaching $294.58. The stock had a trading volume of 5,087,126 shares, compared to its average volume of 11,216,671. The business has a 50-day moving average of $299.32 and a 200-day moving average of $307.45. JPMorgan Chase & Co. has a one year low of $202.16 and a one year high of $337.25. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $794.49 billion, a PE ratio of 14.72, a PEG ratio of 1.35 and a beta of 1.06.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last issued its quarterly earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a return on equity of 17.16% and a net margin of 20.35%.The firm had revenue of $45.80 billion during the quarter, compared to analyst estimates of $45.98 billion. During the same quarter in the previous year, the company posted $4.81 earnings per share. The company’s revenue was up 7.1% compared to the same quarter last year. As a group, equities research analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 8,571 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $312.79, for a total value of $2,680,923.09. Following the completion of the sale, the chief operating officer owned 71,027 shares in the company, valued at approximately $22,216,535.33. The trade was a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robin Leopold sold 433 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $295.06, for a total value of $127,760.98. Following the sale, the insider directly owned 64,920 shares of the company’s stock, valued at approximately $19,155,295.20. This trade represents a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 72,029 shares of company stock worth $22,195,693. 0.47% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of JPMorgan Chase & Co. during the second quarter valued at about $10,295,209,000. Cardano Risk Management B.V. grew its stake in shares of JPMorgan Chase & Co. by 889.3% in the fourth quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock worth $2,794,785,000 after purchasing an additional 7,796,814 shares during the last quarter. Danske Bank A S purchased a new position in JPMorgan Chase & Co. during the 3rd quarter valued at about $696,885,000. American Assets Investment Management LLC increased its holdings in JPMorgan Chase & Co. by 1,172.2% during the 4th quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock valued at $728,024,000 after purchasing an additional 2,081,800 shares during the period. Finally, Holocene Advisors LP raised its position in JPMorgan Chase & Co. by 1,033.3% during the 3rd quarter. Holocene Advisors LP now owns 2,155,120 shares of the financial services provider’s stock valued at $679,790,000 after purchasing an additional 1,964,958 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co.

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

  • Positive Sentiment: JPMorgan launched the multi‑year “American Dream Initiative,” committing to expand small‑business lending (reported as an $80B lending push and plans to hire bankers). The program is positioned to grow deposit and lending franchises and add long‑term client flow — a clear revenue and franchise expansion catalyst. JPMorganChase Launches American Dream Initiative
  • Positive Sentiment: JPMorgan is scaling its Kinexys blockchain payments platform via a tie‑up with Mitsubishi, aiming to grow daily transaction volumes toward $10B. Increased corporate adoption of Kinexys could boost fee income and position JPM as a leader in tokenized payments. JPMorgan Scales Blockchain Platform via Mitsubishi Tie-Up
  • Positive Sentiment: Analysts and research outlets note JPMorgan’s strong earnings‑surprise history and resource profile, implying odds of another beat in the next quarter — a fundamental tailwind for the stock. Will JPMorgan Chase & Co. (JPM) Beat Estimates Again?
  • Positive Sentiment: Piper Sandler reaffirmed an Overweight rating (PT $325), keeping institutional support even after a trimmed target — another vote of confidence for investors. Piper Sandler Reiterates Overweight for JPMorgan
  • Neutral Sentiment: CEO Jamie Dimon said JPMorgan could one day offer regulated prediction‑market services — an interesting long‑term product idea but not an immediate revenue driver given regulatory constraints. Could JPMorgan Be Your Next Prediction Market Platform?
  • Neutral Sentiment: JPMorgan disclosed a notifiable 6.6% stake in Hexagon Composites — a financial investment that signals opportunistic positioning but is unlikely to materially move JPM’s earnings. JPMorgan Takes Notifiable 6.6% Stake in Hexagon
  • Neutral Sentiment: JPMorgan made a $600k philanthropic grant to a Georgia cleantech hub — positive PR and community investment, but immaterial to near‑term financials. Georgia Cleantech Hub Awarded $600,000 by JPMorganChase
  • Negative Sentiment: Truist trimmed its JPM price target (to $323) amid macro pressure while keeping a Hold — a modest headwind that could cap near‑term upside. Price Target Cut by Truist
  • Negative Sentiment: A federal judge ruled JPMorgan must face a Wells Fargo lawsuit over a troubled $481M real‑estate loan, introducing legal and reputational risk to monitor. JPMorgan Must Face Wells Fargo Lawsuit
  • Negative Sentiment: Investor pushback surfaced around JPMorgan‑arranged financing for a Sealed Air deal, with questions on deal structure and protections — a potential near‑term underwriting/reputational concern. JPMorgan Faces Pushback on Sealed Air Debt Deal

About JPMorgan Chase & Co.

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JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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