JPM JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. On this symbol, 8 comparable calls have settled; 62.5% reached the published sell target. Information only, not financial advice.
Mid-channel
Price is between the two trend lines. Nothing to act on yet.
Read from the last 18 months of history we hold: rising, drifting +23% a year. The target of US$380.43 sits above the nearest ceiling (US$373.04), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$333.32 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 18 months read from
- US$333.32 β US$373.04 Rising channel, +23% a year
- Position in that channel
- 40% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$345.85
level as at 18 Oct 2026
Our target
US$380.43
by 3 Dec 2026
Projected move
10.0%
gross, before costs
Price sits between our buy level and our target.
The lines are drawn where this stock has actually turned: 5 touches on the ceiling, 4 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β the least a call has to be worth to be worth making, not what it aims at β 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stockβs own β its average, its volatility β but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β 58% against 71% β because it fits the past rather than the future. On this stock the setup has come up 14 times so far, reaching target 93% of the time. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 11% above the entry within 90 days, and of the sizes that path supports, 10% is the one that has returned the most per day of money tied up here β measured over the 17 times this entry has come up on this chart, reached 82% of the time, typically in 25 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.
On this stock's own history these rules produced 8 settled calls, of which 5 reached target (62.5%), with an average best move of 9.9%. See the full record.
- Upper line touches
- 5
- Lower line touches
- 4
- Fit confidence
- 54%
- Fitted
- 17 Sept 2026
About JPMorgan Chase & Co.
JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Jamie Dimon
- Employees
- 320,560
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β that data is licensed and we do not redistribute it.
- Valuation
- 68/100
- Profitability
- 75/100
- Financial health
- 1/100
- Cash generation
- 0/100
Key statistics
- Market cap
- US$938.18B
- Enterprise value
- US$1.87T
- Beta
- 0.97
- Avg volume
- 8.18M
- Revenue per share
- 106.73
- Dividend yield
- 1.71%
- 52-week range
- 279.1-366.5
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 15.05
- PEG
- 0.79
- Price / sales
- 3.15
- Price / book
- 2.61
- EV / EBITDA
- 20.03
- Gross margin
- 62.60%
- Operating margin
- 28.19%
- Net margin
- 21.86%
- Current ratio
- 0.84
- Quick ratio
- 0.84
- Debt / equity
- 3.30
- Interest cover
- 0.85
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$279.75B | US$167.61B | US$72.59B | US$57.05B | US$20.05 |
| 2024 | US$270.79B | US$158.78B | US$75.08B | US$58.47B | US$19.75 |
| 2023 | US$236.27B | US$145.67B | US$61.61B | US$49.55B | US$16.23 |
| 2022 | US$153.82B | US$121.39B | US$46.17B | US$37.68B | US$12.09 |
| 2021 | US$127.24B | US$130.91B | US$59.56B | US$48.33B | US$15.36 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$4.42T | US$4.06T | US$362.44B |
| 2024 | US$4.00T | US$3.66T | US$344.76B |
| 2023 | US$3.88T | US$3.55T | US$327.88B |
| 2022 | US$3.67T | US$3.37T | US$292.33B |
| 2021 | US$3.74T | US$3.45T | US$294.13B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | -US$147.78B | -US$147.78B | US$57.05B |
| 2024 | -US$42.01B | -US$42.01B | US$58.47B |
| 2023 | US$12.97B | US$12.97B | US$49.55B |
| 2022 | US$107.12B | US$107.12B | US$37.68B |
| 2021 | US$78.08B | US$78.08B | US$48.33B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2023 | US$16.52 | US$160.56B | 11 |
| 2024 | US$18.59 | US$175.78B | 12 |
| 2025 | US$20.20 | US$183.54B | 4 |
| 2026 | US$24.76 | US$207.48B | 10 |
| 2027 | US$25.16 | US$213.15B | 12 |
| 2028 | US$27.25 | US$223.63B | 8 |
Analyst view
- Target (mean)
- US$373.64
- Target (high)
- US$420.00
- Target (low)
- US$305.00
- Strong buy
- 1
- Buy
- 31
- Hold
- 27
- Sell
- 2
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.