JPMorgan Chase (JPM), the largest U.S. bank based on assets, is scheduled to announce its results for the first quarter of 2026 on April 14, 2026. The stock is down 3% in the year to date as investors fret about the cost of its AI investment plans and geopolitical uncertainty from the conflict in Iran. According to TipRanks’ Options Tool, options traders expect about a 3.87% move in either direction for JPM stock in reaction to Q1 2026 results.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
This implied move is higher than JPM stock’s average post-earnings move (in absolute terms) of 2.71% over the past four quarters.
Wall Street expects JPMorgan to report earnings per share (EPS) of $5.45 for Q1 2026, reflecting a 7% year-over-year growth. Revenue is expected to decrease by 8% to $49.13 billion.
Analysts’ Views Ahead of JPMorgan’s Q1 Earnings
Heading into Q1 earnings results, Goldman Sachs analyst Richard Ramsden raised his price target on the stock to $365 from $352 and kept a Buy rating. The firm said bank stocks now look more attractive after falling about 7% so far this year, bringing valuations closer to historical levels.
Goldman added that investors will be watching key factors this earnings season, including the outlook for net interest income, the impact of market volatility on capital markets revenue, and how higher energy prices could affect credit quality and loan loss provisions.
In contrast, Morgan Stanley analyst Manan Gosalia lowered the price target on JPMorgan to $334 from $365 and maintained an Equal Weight rating. The analyst pointed to a recent decline in bank stocks, noting that the group is down about 5% over the past month amid concerns over the Middle East conflict, inflation, and private credit risks. He added that the firm is cutting price targets across the sector by about 9% on average, reflecting a more cautious stance due to higher uncertainty in the current environment.
Is JPM Stock a Buy, Sell, or Hold?
Currently, Wall Street has a Moderate Buy consensus rating on JPMorgan Chase stock based on 12 Buys and eight Hold recommendations. The average JPM stock price target of $337.00 indicates an upside potential of 8.76% from current levels.
