JPMorgan raises target for BNY Mellon stock to USD 161

Published on 10/06/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 5.70 billion in the second quarter, 13.00 percent above last year. Analysts set third-quarter earnings per share at USD 2.27 for BNY Mellon stock.

CGI-Architekturvisualisierung eines Glashochhauses im Manhattaner Finanzzentrum — Modernes Hochhaus-Render für Bank of New York Mellon Aktie mit ISIN US0640581007, Illustration mit AI erstellt.

BNY Mellon (ISIN US0640581007) became the subject of a JPMorgan target increase from USD 159.00 to USD 161.00 on October 2, 2026, as Benzinga reports. The move puts the bank's latest analyst target above its October 6 market price, while the next earnings date gives the stock a defined near-term event.

JPMorgan lifts target to USD 161

JPMorgan analyst Vivek Junega maintained an Overweight rating while raising the target from USD 159.00 to USD 161.00, according to Benzinga on October 2, 2026. The same report records Evercore ISI's target cut from USD 158.00 to USD 150.00 on October 1, 2026, creating a USD 11.00 spread between two recent views.

Second-quarter growth sets the benchmark

BNY reported USD 5.70 billion of total revenue in the second quarter of 2026, up 13.00 percent year over year, while earnings per share reached USD 2.45, up 27.00 percent, according to the Fortune transcript dated July 15, 2026. The company also reported a 40.00 percent pre-tax margin and a 31.00 percent return on tangible common equity for that quarter.

Management raised its 2026 outlook for total revenue, excluding notable items, to 10.00 percent to 11.00 percent growth year over year, and projected 400 basis points of positive operating leverage, the Fortune transcript states. That outlook gives the October 15 report a clear test: analysts expect third-quarter earnings per share of USD 2.27 and revenue of USD 5.56 billion, as Benzinga reported.

NYSE valuation before October 15

BNY was trading at USD 144.56 on the NYSE at 10:44 a.m. ET on October 6, 2026, versus a prior close of USD 143.75. The market capitalization was USD 99.2 billion, and the 52-week range was USD 103.11 to USD 165.84 on the same date.

The next earnings report is scheduled for October 15, 2026, before the opening bell, according to Benzinga. The combination of a USD 161.00 JPMorgan target, a USD 150.00 Evercore ISI target and the upcoming USD 2.27 earnings-per-share consensus makes the report the next measurable checkpoint for the shares.