JPMorgan Chase stock trades at EUR 297.50 as HSBC lifts target

Published on 09/29/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC assigns JPMorgan Chase a USD 377.00 target after a USD 8.00 increase on September 28, 2026. Q2 EPS reached USD 7.70.

Architectural photograph of a modern bank headquarters in New York City, sleek curtain-wall glass facade reflecting sky, polished granite base, revolving glass entry, golden hour light, urban pedestrians at street level — JPMorgan Chase (US46625H1005) verkörpert institutionelle Stärke durch modernes Glasfassaden-Hauptquartier in New York City, Illustration mit AI erstellt.

JPMorgan Chase stock traded at EUR 297.50 at Lang & Schwarz on September 29, 2026, up 0.37 percent from the prior close of EUR 296.40. The immediate market focus is a fresh HSBC valuation update, while the bank's latest quarterly figures provide the operating backdrop.

HSBC raises its target

According to MarketBeat on September 28, 2026, HSBC lifted its JPMorgan Chase price target from USD 369.00 to USD 377.00 and retained a Hold rating. The USD 8.00 increase places the target above the bank's recent primary-market quotation, but the rating signals that HSBC still sees a balanced risk and reward profile.

MarketBeat also reported a broader consensus rating of Moderate Buy and an average target of USD 363.29 on September 28, 2026. That average remains below HSBC's target, making the latest revision more constructive than the overall analyst midpoint.

Q2 earnings set the backdrop

For Q2 2026, JPMorgan Chase reported diluted EPS of USD 7.70 and net income of USD 21.16 billion, according to MarketBeat. The same report cited quarterly revenue of USD 58.02 billion and revenue growth of 27.70 percent year over year, giving investors a strong numerical base for the current valuation debate.

The earnings mix matters because a higher target requires confidence that profitability can remain durable beyond one reporting period. JPMorgan Chase's Q2 net income was 41.20 percent above the prior-year level cited in the latest earnings analysis, while diluted EPS increased from USD 5.24 to USD 7.70.

Next results arrive October 13

JPMorgan Chase has scheduled its Q3 2026 results for October 13, 2026, with the release planned for 7:00 a.m. ET and the conference call at 8:30 a.m. ET, according to JPMorgan Chase in a September 17, 2026 investor-relations release. The date is the next scheduled test of whether the Q2 earnings strength can support the targets now published by analysts.

Stock trades higher in euros

At Lang & Schwarz, JPMorgan Chase stock stood at EUR 297.50 on September 29, 2026 at 12:50 p.m. CEST, plus 0.37 percent versus the prior close of EUR 296.40. The finance-data snapshot placed JPMorgan Chase's market capitalization at USD 901.9 billion on September 29, 2026, while its NYSE quotation was in USD.