JPMorgan (JPM) : Is It Time To Buy JPM ? 🫶🏼🎁👌💪🤩🔥
JPMorgan Chase & Co. (NYSE:JPM) on Tuesday posted downbeat results for the third quarter.
The company reported quarterly earnings of $5.75 per share which missed the analyst consensus estimate of $5.90 per share. The company reported quarterly sales of $50.907 billion which missed the analyst consensus estimate of $51.259 billion.
During earnings call, JP Morgan provided preliminary 2027 net interest income (NII) outlook, excluding Markets, of $107 billion. The company said this implies about $5 billion in growth versus the annualized fourth-quarter 2026 guidance.
JPMorgan shares fell 1.3% to $327.17 in pre-market trading.
These analysts made changes to their price targets on JPMorgan following earnings announcement.
Baird analyst David George maintained the stock with a Neutral and raised the price target from $305 to $312.
Morgan Stanley analyst Manan Gosalia maintained the stock with an Equal-Weight rating and raised the price target from $370 to $377.
Considering buying JPM stock? Here’s what analysts think:
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