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JPMorgan Chase & Co (JPM) Fair Value & Analysis

Financial Services · US · Market cap $806B

JC JPMorgan Chase & Co logo JPMorgan Chase & Co JPM · US
Price$335.12
Fair Value$276.78
Upside-17.4%
Quality95/100
Evidence: High Range $207.58 – $345.97

Fair value as of: Jun 26, 2026

From 25 valuation models · updated 3 days ago

Share price +10.0% over the past month.

Price vs Fair Value (12 months)

$340.95 $283.57 Fair Value $276.78 Jun 2025 Jun 2026

12‑month range $283.57 – $340.95 · fair‑value band $207.58 – $345.97 · the $335.12 price screens above the $276.78 fair value. As of Jun 26, 2026.

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Analysis

JPMorgan Chase & Co (JPM) currently trades at $335.12, while our model-based Fair Value estimate is $276.78 — implying the stock looks roughly 17.4% overvalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, JPMorgan Chase & Co generated revenue of $174B at a net margin of 33.9%. Revenue grew 12.7% year over year. It earns a return on equity of 16.5%. Net debt stands at $157B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) $174B
Revenue growth (YoY) +12.7%
Net margin 33.9%
Return on equity 16.5%
Free cash flow $101B FY2025
P/E ratio 14.4
More key figures
Operating margin 43.7%
EPS (TTM) $20.88
Dividend yield 2.0%
EPS growth (YoY) +17.2%
Net debt $157B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JPMorgan Chase & Co reported revenue of $280B in FY2025 versus $127B in FY2021, a compound +21.8%/yr. Reported net income was $57.0B in FY2025, compounding +4.2%/yr from FY2021.

Revenue +21.8%/yr
FY21 $127B
FY22 $154B
FY23 $236B
FY24 $271B
FY25 $280B
Net income +4.2%/yr
FY21 $48.3B
FY22 $37.7B
FY23 $49.6B
FY24 $58.5B
FY25 $57.0B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is JPMorgan Chase & Co (JPM) undervalued?
As of Jun 26, 2026, our model estimates a fair value of $276.78 versus a price of $335.12 — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of JPM?
Our 21-model fair value for JPMorgan Chase & Co is $276.78 (as of Jun 26, 2026), built from audited fundamentals. The current price is $335.12.
What is the quality score of JPM?
JPMorgan Chase & Co has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of JPMorgan Chase & Co (JPM)?
JPMorgan Chase & Co reported trailing-twelve-month revenue of about $174B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of JPM?
The net profit margin of JPMorgan Chase & Co is about 33.9%, meaning it keeps roughly 33.9% of revenue as net income. Based on the latest reported figures.
Does JPMorgan Chase & Co pay a dividend?
JPMorgan Chase & Co currently shows a dividend yield of about 1.99% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.