Street View: JPM’s growth story shines, with a hint of prudence

JPMorgan Chase's JPM.N profit exceeded analysts' estimates in the fourth quarter, but its shares fell on Tuesday as investment banking revenue missed market expectations

Average rating of 27 analysts is "buy"; median PT is $345 - data compiled by LSEG

ALL THAT GLITTERS IS GUARDED GOLD

RBC Capital Markets ("outperform," PT: $330) says JPM is well positioned to manage the Fed's upcoming Basel III endgame re-proposal—the final phase of global banking capital rules — and the bank is likely to continue delivering above-average profitability under leadership of chairman and CE Jamie Dimon

Barclays ("overweight," PT: $391) says net interest income (NII) was close to forecasts, supported by higher loan growth and net interest margin (NIM)

Piper Sandler ("overweight," PT: $345) says non-interest income is the only area where they slightly lowered forecast, reflecting lingering impact of weaker-than-expected Q4; however, the investment banking pipeline remains strong

Morningstar (fair value: $289) says JPM’s earnings serve as a gauge of consumer, corporate, and financial system health, and broad-based revenue growth suggests all three remain resilient, though management’s tone points to cautious outlook beyond 2026