JPMorgan stock hits all-time high at $266.82 amid robust growth

Published 24/01/2025, 15:42
© Reuters

In a remarkable display of financial resilience, JPMorgan Chase (NYSE:JPM) & Co. stock soared to an all-time high, reaching a price level of $266.82. The all-time high represents not just a peak in the company's stock price history but also a testament to its enduring strength in the competitive world of finance. InvestingPro subscribers can access 12+ additional exclusive insights and a comprehensive Pro Research Report detailing JPM's complete financial health analysis. InvestingPro subscribers can access 12+ additional exclusive insights and a comprehensive Pro Research Report detailing JPM's complete financial health analysis. The all-time high represents not just a peak in the company's stock price history but also a testament to its enduring strength in the competitive world of finance.

In other recent news, JPMorgan Chase & Co., under CEO James Dimon's leadership, has seen a rise in annual compensation, with the board approving a $39 million package for 2024, up from $36 million in the previous year. This decision reflects the firm's growth across all its leading business lines, record financial results, and a robust balance sheet. JPMorgan reported a record net income of $58.5 billion and revenue of $180.6 billion for 2024.

Several analyst firms have shown interest in JPMorgan's recent performance. RBC Capital Markets upgraded the firm's stock target following strong Q4 results, while Keefe, Bruyette & Woods maintained a Market Perform rating despite a revenue beat. Truist Securities also updated its financial outlook for the bank, raising the price target from $260.00 to $268.00, expecting a rise in earnings per share in the coming years.

CEO James Dimon also shared his views on various economic issues in an interview, expressing concern over the expansion of US bureaucracy, discussing the potential impacts of tariffs, and commenting on asset prices in the US stock market. In addition, he indicated that he does not foresee another big deal for JPMorgan in the near future. These are the latest developments for JPMorgan Chase & Co.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.