JPMorgan Chase & Co. (NYSE:JPM) Shares Down 1.3% – Here’s What Happened

JPMorgan Chase & Co. (NYSE:JPM)’s share price was down 1.3% during trading on Thursday . The stock traded as low as $351.55 and last traded at $352.76. 6,753,760 shares traded hands during trading, a decline of 30% from the average daily volume of 9,628,438 shares. The stock had previously closed at $357.26.

Key Stories Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan raised its 2026 net interest income outlook to approximately $105.5 billion, as loan and deposit growth is expected to offset some pressure from interest-rate changes. However, higher expenses could limit the benefit to earnings. JPMorgan Raises 2026 NII Outlook
• Positive Sentiment: JPMorgan reiterated an Overweight rating on Broadcom, citing strong AI networking demand and a projected AI-revenue opportunity exceeding $56 billion. The call highlights continued investment-banking and research activity in artificial intelligence, though it has limited direct impact on JPMorgan’s earnings. Broadcom’s AI Competition Fears Look Overblown
• Neutral Sentiment: JPMorgan strategists warned that the U.S. Treasury’s expanded bond-buyback program could backfire by pushing long-term yields higher if it fails to address the country’s rising debt and fiscal deficit. The warning signals continued volatility for banks’ bond portfolios and funding markets. Treasury Buyback Program Warning
• Negative Sentiment: India’s securities regulator barred a JPMorgan-affiliated entity from the country’s securities market over alleged manipulation of the Sensex’s closing-price calculation. Regulators cited several unusually sharp index moves during the closing auction, creating reputational, compliance and potential financial risks for JPMorgan. The allegations have not been presented as a final finding of wrongdoing by the parent company. India Bars JPMorgan Unit
• Negative Sentiment: Investors remain focused on the impact of rising long-term yields. Although higher rates can support bank interest income, renewed bond-market stress may hurt securities valuations and reduce confidence in financial stocks, outweighing the theoretical benefit of higher rates. JPMorgan Falls as Treasury Rescue Fails to Calm Bonds

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JPM. Royal Bank Of Canada boosted their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Barclays boosted their price target on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group restated a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Dbs Bank raised JPMorgan Chase & Co. to a “hold” rating in a research note on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $359.96.

JPMorgan Chase & Co. Stock Down 1.3%

The firm’s fifty day simple moving average is $343.09 and its 200-day simple moving average is $316.79. The company has a market cap of $937.70 billion, a PE ratio of 15.11, a P/E/G ratio of 1.49 and a beta of 0.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. During the same period last year, the company posted $4.96 EPS. The company’s revenue was up 27.7% on a year-over-year basis. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, General Counsel Stacey Friedman sold 5,467 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the sale, the general counsel directly owned 40,961 shares in the company, valued at $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the sale, the insider directly owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

Institutional Trading of JPMorgan Chase & Co.

A number of hedge funds have recently bought and sold shares of JPM. Timmons Wealth Management LLC acquired a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC acquired a new stake in shares of JPMorgan Chase & Co. in the first quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd purchased a new stake in JPMorgan Chase & Co. in the fourth quarter valued at approximately $32,000. Aventus Investment Advisors Inc. purchased a new stake in JPMorgan Chase & Co. in the second quarter valued at approximately $33,000. Finally, Osbon Capital Management LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.