JPMorgan Chase stock: Citigroup cuts target from USD 360.00 to USD 350.00

Published on 10/20/2026 at 16:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income hit USD 15.30 billion on October 13, 2026. JPMorgan Chase stock costs EUR 300.58 on October 20, 2026, 0.01 percent below Xetra close.

Target and trading facts

Citigroup cut its target from USD 360.00 to USD 350.00 on October 15, 2026.
Third-quarter net income reached USD 15.30 billion versus USD 14.40 billion a year earlier.
JPMorgan Chase stock costs EUR 300.58 at Lang & Schwarz on October 20, 2026 at 4:01 p.m. CEST, 0.01 percent below the Xetra close of October 19, 2026.
The next earnings conference call is scheduled for January 14, 2027.

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JPMorgan Chase (ISIN US46625H1005) stock is trading at EUR 300.58 at Lang & Schwarz on October 20, 2026 at 4:01 p.m. CEST, 0.01 percent below the Xetra close of October 19, 2026. Citigroup cut its price target from USD 360.00 to USD 350.00 on October 15, 2026, while maintaining a Neutral rating, as MarketScreener reported.

Third-quarter profit sets the backdrop

JPMorgan Chase reported third-quarter 2026 net income of USD 15.30 billion, or USD 5.57 in diluted earnings per share, on October 13, 2026. The result compared with USD 14.40 billion and USD 5.07 in the third quarter of 2025, representing increases of 6.25 percent and 9.86 percent, respectively, according to the SEC filing. The latest quarter therefore supplies a stronger earnings comparison than the small euro-price difference on October 20.

Stock remains below its yearly high

On the NYSE, JPMorgan Chase last traded at USD 337.29 on October 20, 2026 at 10:05 a.m. EDT. Its 52-week range was USD 279.10 to USD 366.50, leaving the stock 7.98 percent below the high and 20.85 percent above the low. Trading volume stood at 1,167,026 shares at that time.

Valuation and upcoming dates

The price-to-earnings ratio was 14.17 and the trailing dividend yield was 2.00 percent on October 20, 2026. Market capitalization stood at USD 896.6 billion. Citigroup's USD 350.00 target was 3.77 percent above the USD 337.29 NYSE price at the October 20 quote.

JPMorgan Chase investor relations lists a presentation at the BancAnalysts Association of Boston Conference for November 5, 2026, followed by the fourth-quarter 2026 earnings conference call on January 14, 2027. Both dates appear on the company's investor-relations page.

Comparison with peers

JPMorgan Chase: down 0.01 percent versus the Xetra close, price-to-earnings ratio 14.17, market capitalization USD 896.6 billion.

Citigroup (NYSE, USD): up 0.09 percent, price-to-earnings ratio 11.91, market capitalization USD 204.3 billion.

Bank of America (NYSE, USD): up 0.52 percent, price-to-earnings ratio 12.12, market capitalization USD 354.2 billion.

What the target cut means

Citigroup's lower target contrasts with JPMorgan Chase's higher third-quarter earnings per share and net income. The next scheduled company dates give investors two concrete checkpoints for reassessing earnings and capital allocation.

JPMorgan Chase stock was trading at EUR 300.58 at Lang & Schwarz on October 20, 2026 at 4:01 p.m. CEST, 0.01 percent below the Xetra close of October 19, 2026 at EUR 300.60. The further course of trading is shown by the continuously updated real-time quote of JPMorgan Chase stock.