Zions Bancorp stock faces a lower JPMorgan price target

Published on 10/04/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zions Bancorp stock was last at USD 63.17 on October 2, 2026, with a USD 9.2 billion market cap. The stock sits 13.9 percent below its yearly high.

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Zions Bancorp stock was last at USD 63.17 on Nasdaq on October 2, 2026, up 0.83 percent during the session, while its market capitalization stood at USD 9.2 billion. The immediate catalyst is a lower JPMorgan valuation framework for the regional bank.

JPMorgan cuts target to USD 65

According to MarketBeat on October 1, 2026, JPMorgan lowered its price target from USD 75 to USD 65 and maintained an Underweight rating. The cut came in a third-quarter earnings preview and places the target USD 1.83, or 2.9 percent, above the October 2 reference price.

The broader analyst picture is less negative. The same MarketBeat report lists six Buy, ten Hold and three Sell ratings, producing a Hold consensus and an average target of USD 72.35. That average lies 14.5 percent above the reference price, a materially different signal from JPMorgan's USD 65 view.

Quarterly EPS beat consensus

For the latest quarterly results cited by MarketBeat, Zions reported EPS of USD 1.74 against a USD 1.57 consensus estimate. Revenue reached USD 1.14 billion and increased 35.7 percent year over year, while the company authorized a USD 75 million share-repurchase program on July 30, 2026.

The earnings comparison raises the bar for the next report: the previous-year quarter produced EPS of USD 1.63, so the latest USD 1.74 result represented a USD 0.11 increase. For investors, the key tension is a strong reported earnings comparison against a more cautious bank-sector valuation view.

Next report is October 19

Zacks identifies October 19, 2026, as the confirmed date for the next earnings release and lists a consensus EPS estimate of USD 1.63 for the September 2026 quarter. That estimate is the next concrete checkpoint for testing whether the recent earnings strength can continue.

Stock remains below USD 73.34

Zions Bancorp stock was last at USD 63.17 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with a session range of USD 62.70 to USD 63.65 and volume of 1,292,505 shares. The price was 13.9 percent below its 52-week high of USD 73.34 and above the 52-week low of USD 46.19.