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Investing.com - Keefe, Bruyette & Woods raised its price target on JPMorgan Chase (NYSE:JPM) to $330 from $327 while maintaining an Outperform rating on Wednesday.
The price target adjustment follows JPMorgan’s second-quarter 2025 results, which demonstrated a 21% return on tangible common equity (ROTCE). According to InvestingPro, JPM maintains a GOOD financial health score, with 9 analysts recently revising their earnings estimates upward.
KBW highlighted what it calls the "Triple Crown" benefits driving JPMorgan’s performance: scale, consistency, and deregulation.
The research firm raised its earnings estimates for JPMorgan by 6% for 2025 and 3% for 2026, citing stronger revenue projections.
JPMorgan’s quarterly performance prompted KBW to reaffirm its Outperform rating on the banking giant’s stock.
In other recent news, JPMorgan Chase & Co. reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $4.96, exceeding the forecast of $4.48, and generated revenue of $44.9 billion, which was above the anticipated $43.86 billion. Additionally, JPMorgan raised its net interest income outlook for fiscal year 2025 by $1 billion, while also increasing its expense guidance by $0.5 billion. Following these strong results, TD Cowen raised its price target for JPMorgan to $350 from $336, maintaining a Buy rating on the stock, citing the bank’s robust fee income growth and healthy capital levels.
In another development, JPMorgan Chase declared dividends on eight series of its preferred stock, although specific dividend amounts and payment dates were not disclosed. The firm continues to emphasize its strong market position and strategic investments in digital banking and innovation sectors. Despite a year-over-year revenue decline, the bank maintained a robust return on tangible common equity (ROTCE) of 21%. Analysts from TD Cowen noted that JPMorgan shares trade at a premium but consider the stock attractive due to its "best in class mix of businesses." These recent developments highlight JPMorgan’s resilience and strategic positioning in the financial sector.
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