WallStSmart
JPM

JPMorgan Chase & Co

NYSE: JPM · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$313.23
+1.29% today

Updated 2026-04-29

Market cap
$844.23B
P/E ratio
14.99
P/S ratio
4.86x
EPS (TTM)
$20.88
Dividend yield
1.88%
52W range
$234 – $334
Volume
9.8M

JPMorgan Chase & Co (JPM) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$313.23
Consensus
$331.93
+5.97%
2030 Target
$281.70
-10.07%
DCF
15 analysts:
10 Buy5 Hold0 Sell

Management guidance

No specific CEO revenue guidance found in available data. Jamie Dimon's recent comments focus on macroeconomic risks (credit-led recession, Middle East tensions, inflation persistence) rather than forward revenue targets. Guidance relies on analyst consensus and historical trajectory.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$438.20
$241.5B Rev × 4.8x P/S
Base case (2030)
$281.70
$241.5B Rev × 3x P/S
Bear case (2030)
$156.50
$241.5B Rev × 1.8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$236.3B$270.8B$279.7B$199.4B$207.6B$218.9B$229.3B$241.5B
Revenue growth14.6%3.3%18.5%4.1%5.5%5.2%5.3%
EPS$16.22$19.74$19.73$21.88$23.56$25.32$27.10$29.20
P/S ratio3.0x3.0x3.0x3.0x3.0x
Implied price$219.26$219.26$250.58$250.40$281.70

Catalysts & risks

Growth catalysts
+ AI-driven investment banking and capital markets fee growth acceleration
+ Private credit market normalization and recovery post-2026 volatility
+ Interest rate environment stabilization enabling loan growth acceleration
+ Wealth management expansion and AUM growth from market appreciation
+ 2028 Fed rate cuts (Morgan Stanley revised forecast) improving lending spreads
+ Olympic Games partnership and financial services growth opportunities
Key risks
- Credit-led recession scenario (Jamie Dimon warning) could compress NIM and increase loan loss provisions
- Middle East geopolitical escalation and dollar safe-haven flows limiting international expansion
- Private credit market downturn ($1.8T market) could trigger contagion affecting JPM's counterparty exposure
- Regulatory headwinds on capital requirements and living wills could constrain dividend/buyback capacity
- Prolonged Fed pause delaying rate cuts into 2027 pressures net interest margin
- Competitive pressure from regional banks and fintech disrupting traditional banking economics

Methodology

JPMorgan Chase & Co's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 1, 2026.