Zacks Research Has Negative Outlook of JPM FY2025 Earnings

JPMorgan Chase & Co. (NYSE:JPM) – Analysts at Zacks Research dropped their FY2025 earnings per share estimates for shares of JPMorgan Chase & Co. in a research note issued to investors on Tuesday, January 6th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $19.61 for the year, down from their prior estimate of $19.89. Zacks Research has a “Hold” rating on the stock. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $18.10 per share. Zacks Research also issued estimates for JPMorgan Chase & Co.’s Q1 2026 earnings at $5.03 EPS, Q2 2026 earnings at $5.14 EPS, Q3 2026 earnings at $5.02 EPS, Q4 2026 earnings at $5.19 EPS, FY2026 earnings at $20.38 EPS, Q1 2027 earnings at $5.34 EPS, Q2 2027 earnings at $5.42 EPS, Q3 2027 earnings at $5.46 EPS, Q4 2027 earnings at $5.70 EPS and FY2027 earnings at $21.93 EPS.

Several other research analysts also recently weighed in on the company. Evercore ISI boosted their price target on JPMorgan Chase & Co. from $309.00 to $330.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. The Goldman Sachs Group lifted their price objective on JPMorgan Chase & Co. from $354.00 to $386.00 and gave the company a “buy” rating in a research report on Tuesday. Keefe, Bruyette & Woods upped their target price on JPMorgan Chase & Co. from $354.00 to $363.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. HSBC reiterated a “hold” rating and set a $245.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday. Finally, Citigroup lifted their price target on JPMorgan Chase & Co. from $275.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, September 24th. Fourteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $333.90.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $330.04 on Wednesday. JPMorgan Chase & Co. has a 1 year low of $202.16 and a 1 year high of $337.25. The company’s 50 day simple moving average is $314.89 and its 200 day simple moving average is $303.91. The company has a market capitalization of $898.44 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 1.61 and a beta of 1.07. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.83 by $0.24. The company had revenue of $47.12 billion for the quarter, compared to analysts’ expectations of $44.42 billion. JPMorgan Chase & Co. had a net margin of 20.90% and a return on equity of 17.18%. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the company earned $4.37 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbor Asset Planning Inc. purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter worth $26,000. Mizuho Securities Co. Ltd. lifted its stake in shares of JPMorgan Chase & Co. by 450.0% during the second quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 90 shares in the last quarter. Mountain Hill Investment Partners Corp. acquired a new position in shares of JPMorgan Chase & Co. during the third quarter worth about $32,000. Family Legacy Financial Solutions LLC boosted its position in shares of JPMorgan Chase & Co. by 92.6% in the third quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock worth $33,000 after buying an additional 50 shares during the period. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at about $35,000. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $311.92, for a total transaction of $301,314.72. Following the completion of the sale, the insider owned 58,479 shares in the company, valued at approximately $18,240,769.68. The trade was a 1.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.47% of the company’s stock.

JPMorgan Chase & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Tuesday, January 6th will be paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 6th. JPMorgan Chase & Co.’s payout ratio is currently 29.72%.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: JPMorgan will become the new issuer of the Apple Card, adding ~ $20B of card balances and expanding its U.S. credit-card footprint; the transition is expected to take up to 24 months, which supports longer‑term fee income and consumer credit growth. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street momentum and higher price targets are supporting the name — several firms (Barclays, Wells Fargo, Evercore and others) have recent buy/overweight calls and the median 6‑month target sits near $340, which underpins investor confidence. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: Tech/innovation moves: JPMorgan confirmed plans to deploy a proprietary digital dollar token on a public blockchain and is replacing external proxy advisors with its own AI systems — both signal technology leadership and potential operational/efficiency gains. JPMorgan debuts coin on public blockchain
• Neutral Sentiment: JPMorgan’s asset-management unit is ending ties with major proxy-advisory firms and will use internal AI for voting — a structural change that could reduce fees/costs but draws scrutiny over governance and transition risk. JPMorgan won’t use controversial proxy advisors
• Neutral Sentiment: Takeover of the Apple Card comes with a near‑term accounting hit: reports say JPM may record ~ $2.2B provision in Q4 tied to the transition — a one‑time drag vs. longer‑term revenue upside from the portfolio. JPM to take over Apple Card, plans to record a $2.2B provision
• Negative Sentiment: Insider selling and some institutional rebalancing are visible in recent filings (executive share sales and mixed hedge‑fund flows), which can add short‑term selling pressure. Lobbying/insider trading update (Quiver)
• Negative Sentiment: Some research notes show mixed/trimmed forward EPS estimates from certain providers (Zacks and other outlets flagged revisions), which could temper expectations ahead of JPM’s Q4 report next week. Quiver: Data snapshot and sell pressure

About JPMorgan Chase & Co.

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.