Jefferies cuts target for JPMorgan Chase stock to USD 365.00

Published on 10/05/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share was USD 6.14 versus USD 5.59 consensus. JPMorgan Chase stock costs EUR 296.78 on October 5, 2026 versus EUR 295.38.

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JPMorgan Chase (ISIN US46625H1005) is facing a lower analyst target after MarketBeat reported on September 24, 2026 that Jefferies cut its target from USD 370.00 to USD 365.00 and kept a Hold rating. The change puts valuation and the upcoming third-quarter report at the center of the JPMorgan Chase stock story.

Target cut meets strong earnings

The target reduction contrasts with JPMorgan's latest reported quarter. MarketBeat said second-quarter 2026 earnings per share reached USD 6.14 against USD 5.59 consensus, a USD 0.55 difference.

The same report put second-quarter 2026 revenue at USD 58.02 billion versus USD 50.72 billion expected. Revenue also rose 27.70 percent from the comparable period, while return on equity stood at 18.23 percent and net margin at 21.86 percent.

October earnings set the next test

JPMorgan Chase has scheduled its third-quarter 2026 results for October 13, 2026. In its investor-relations release dated September 17, 2026, JPMorganChase said the results are scheduled for release at approximately 7:00 a.m. ET, followed by an 8:30 a.m. ET conference call.

Zacks lists consensus earnings per share of USD 5.88 for the September 2026 quarter. That estimate makes the October release a measurable test of whether the second-quarter earnings advantage can continue.

Dividend adds a separate support

JPMorgan Chase also raised its quarterly dividend from USD 1.50 to USD 1.65 per share. The company announced the increase on September 15, 2026, and its official release said payment is due October 31, 2026 to shareholders of record on October 6, 2026. The 10.00 percent increase gives the bank's capital-return policy a concrete role alongside the earnings outlook.

JPMorgan Chase stock stays below its high

JPMorgan Chase stock was trading at EUR 296.78 at Lang & Schwarz on October 5, 2026 at 1:35 p.m. CEST, plus 0.47 percent versus the prior close of EUR 295.38 on October 2, 2026. The primary NYSE quote was last at USD 332.38 on October 2, 2026 at 4:00 p.m. ET; its 52-week range was USD 279.10 to USD 366.50 and market capitalization was USD 890.6 billion on that date.

The further course of trading is shown by the continuously updated real-time quote of JPMorgan Chase stock.