JPMorgan Chase & Co. (JPM) stock: 12-month forecast projects -10.55% potential drop%

JPMorgan Chase & Co. [JPM] stock prices are down -0.44% to $219.33 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JPM shares have lost -0.39% over the last week, with a monthly amount glided 12.53%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

JPMorgan Chase & Co. [NYSE: JPM] stock has seen the most recent analyst activity on September 03, 2024, when Deutsche Bank downgraded its rating to a Hold but kept the price target unchanged to $235 for it. Previously, Daiwa Securities downgraded its rating to Outperform on August 20, 2024, and kept the price target unchanged to $240. On July 08, 2024, downgrade downgraded it’s rating to Peer Perform. Deutsche Bank upgraded its rating to a Buy and increased its price target to $190 on January 09, 2024. Daiwa Securities upgraded its rating to a Buy. Odeon downgraded its rating to Hold for this stock on November 02, 2023, but kept the price target unchanged to $140. In a note dated September 07, 2023, HSBC Securities initiated an Hold rating and provided a target price of $159 on this stock.

The stock price of JPMorgan Chase & Co. [JPM] has been fluctuating between $135.19 and $225.48 over the past year. Currently, Wall Street analysts expect the stock to reach $196.19 within the next 12 months. JPMorgan Chase & Co. [NYSE: JPM] shares were valued at $219.33 at the most recent close of the market. An investor can expect a potential drop of -10.55% based on the average JPM price forecast.

Analyzing the JPM fundamentals

The JPMorgan Chase & Co. [NYSE:JPM] reported sales of 267.55B for trailing twelve months, representing a surge of 23.89%. Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.16 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 217.00 points at the first support level, and at 214.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 221.86, and for the 2nd resistance point, it is at 224.40.

Ratios To Look Out For

It’s worth pointing out that JPMorgan Chase & Co. [NYSE:JPM]’s Current Ratio is 1.46. Considering the valuation of this stock, the price to sales ratio is 2.33, the price to book ratio is 1.97 and price to earnings (TTM) ratio is 12.23.

Transactions by insiders

Recent insider trading involved Friedman Stacey, General Counsel, that happened on Jun 20 ’24 when 4415.0 shares were sold. Chief Risk Officer, BACON ASHLEY completed a deal on Jun 10 ’24 to sell 5086.0 shares. Meanwhile, Chief Information Officer Beer Lori A sold 5298.0 shares on May 20 ’24.

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