JPMorgan Chase Stock Forecast: Trending Bullish Among Analysts

(JPM) stock has risen 17.9% over the past year, even though it slipped 3.7% in the last week and 1.2% over the past month. Wall Street’s analysts are moderately bullish, forecasting further gains over the next twelve months with a consensus price target of $347.88 versus a recent close near $297.30.

Analyst Ebrahim Poonawala of BofA Securities reiterated his Buy rating on JPMorgan Chase on February 24, 2026, setting a price objective of $362.00, implying notable upside from current levels. He argues that management is well prepared to deliver strong pre-provision net revenue growth and profitability while navigating competitive pressure, tech disruption, and a choppy macro backdrop.

Poonawala highlights expectations for a relatively constructive economic outlook and sees regulatory normalization as a tailwind for large U.S. banks. He expects Basel End Game rules to be largely capital neutral and believes GSIB recalibration could remove excess capital requirements, potentially freeing up balance sheets for more lending as liquidity rules evolve.

On the business front, management reported year-to-date trading revenues running in the mid-teens percentage growth versus consensus of about 4.3%, and investment banking also growing in the mid-teens against expectations of roughly 20.1%. This strength led to an increase in the markets net interest income guide to $9.5 billion from $8 billion, and the analyst raised his 1Q26 and full-year 2026 EPS estimates to $5.45 and $22.30, respectively.

AI is seen more as an opportunity than a threat for JPMorgan, according to management, with CEO Jamie Dimon expecting the bank to be a winner in most areas where AI is deployed. The bank is already planning for potential workforce redeployment as AI adoption grows, reinforcing the view that it can harness new technology while managing disruption. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.