UBS cuts target for JPMorgan Chase stock from USD 400 to USD 395
Published on 10/12/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- UBS cut its JPMorgan Chase price target from USD 400.00 to USD 395.00 on October 5, 2026.
- Second-quarter net income reached USD 21.16 billion, including a USD 4.60 billion Visa-related gain.
- JPMorgan Chase stock was at EUR 298.63 at Lang & Schwarz on October 12, 2026 at 11:50 a.m. CEST.
UBS cut its JPMorgan Chase price target from USD 400.00 to USD 395.00 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. The move leaves the bank heading into its next report with a lower analyst valuation benchmark and a fresh test for earnings quality.
Target cut raises the earnings stakes
JPMorgan Chase reported USD 21.16 billion of net income in the second quarter of 2026, up 41.20 percent from USD 14.99 billion a year earlier, according to EarningsStory. The quarter also included a USD 4.60 billion net gain tied to a Visa share exchange, so the headline profit comparison needs to be separated from underlying operating performance.
Reported revenue reached USD 57.35 billion in the second quarter of 2026, compared with USD 50.50 billion in the second quarter of 2025. Diluted earnings per share was USD 7.70, while adjusted earnings per share excluding significant items was USD 6.14, according to FinDog.
Three milestones frame the report
On June 30, 2026, JPMorgan Chase closed the second quarter with USD 21.16 billion in net income, according to EarningsStory. On October 5, 2026, UBS reduced its target from USD 400.00 to USD 395.00, according to Markets Insider. On October 13, 2026, the bank is scheduled to release third-quarter results at approximately 7:00 a.m. ET, according to JPMorganChase.
What can Q3 results clarify?
Reuters reported on October 8, 2026 that JPMorgan Chase expects investment banking fees and trading revenue to rise by a mid-to-high-teens percentage in the third quarter. The same report identified higher funding costs, credit quality and deal activity as key issues for the large US banks, linking the earnings test to both revenue growth and expense discipline.
Dates investors can track
JPMorgan Chase plans its third-quarter earnings call for October 13, 2026 at 8:30 a.m. ET, followed by a presentation of the results. The investor-relations calendar also lists a BancAnalysts Association of Boston conference appearance for November 5, 2026, according to JPMorganChase.
Stock price before the report
JPMorgan Chase stock was trading at EUR 298.63 at Lang & Schwarz on October 12, 2026 at 11:50 a.m. CEST. The primary listing is on the NYSE, where the finance quote showed USD 332.99 at the October 9, 2026 close, with a 52-week range of USD 279.10 to USD 366.50. The market capitalization was USD 892.3 billion on October 9, 2026.
The further course of trading is shown by the continuously updated real-time quote of JPMorgan Chase stock.
JPMorgan Chase stock facts
- Company: JPMorgan Chase & Co.
- ISIN: US46625H1005
- Ticker: JPM
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 12, 2026, 11:50 a.m. CEST: EUR 298.63
- Market capitalization: USD 892.3 billion as of October 9, 2026
- 52-week range: USD 279.10-366.50 as of October 9, 2026
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 13, 2026
Market context: Market report S&P 500.
