RBC Capital Rates JPMorgan Chase (JPM) Outperform

RBC Capital has reiterated its Outperform rating on JPMorgan Chase & Co. (NYSE: JPM) with a price target of $370. This rating was announced on October 14, 2026. The stock is currently trading at approximately $338.15 as of October 16, 2026.

Other Institutional Activity in JPMorgan Chase

Several other institutional investors have also adjusted their positions in JPMorgan Chase recently. Blackrock Inc. trimmed its stake by 1,936,512 shares, ending with 206,290,537 shares valued at about $70.1 billion. Vanguard Capital Management LLC decreased its holdings by 3,685,556 shares, bringing its total to 161,586,023 shares worth approximately $54.9 billion. Meanwhile, State Street Corporation increased its position by 932,079 shares, now holding 125,209,293 shares valued at around $42.5 billion. Bank of America Corporation added 4,005,346 shares, raising its total to 69,666,753 shares worth about $23.7 billion. Morgan Stanley reduced its stake by 1,453,167 shares, ending with 67,092,426 shares valued at approximately $22.8 billion.

JPMorgan Chase & Co. Stock Up 0.9%

JPMorgan Chase is currently trading below its 50-day moving average of $348.45 and 7.7% below its 52-week high of $366.50. However, the stock is above its 52-week low of $279.10 by 21.2%. The mean analyst target price is $372.57, suggesting that JPMorgan Chase is trading about 9.2% lower than this average.

Recent Earnings

In its most recent earnings report, JPMorgan Chase reported trailing twelve-month revenue of approximately $190.7 billion and earnings per share (EPS) of $23.84. The company has shown a year-over-year revenue growth of 10.2%. The next earnings report is scheduled for January 14, 2027.

Insider Buying and Selling at JPMorgan Chase & Co.

Recent insider trading at JPMorgan Chase includes several sales. Stacey R. Friedman, General Counsel, sold 5,468 shares on May 20, 2026, at an average price of $300.27, totaling about $1.64 million. On June 22, 2026, Friedman sold another 5,467 shares at $330.73, worth approximately $1.81 million. Robin Leopold, an officer, sold 2,500 shares on August 11, 2026, for around $903,518 at a price of $361.41. On September 10, 2026, Leopold sold another 2,500 shares at $352.81, totaling about $882,026.

Analysts Set New Price Targets

On October 14, 2026, several firms updated their ratings on JPMorgan Chase. Truist Securities maintained a Hold rating with a target of $361.00, while Barclays kept an Overweight rating with a target of $425.00. RBC Capital reiterated its Outperform rating with a $370.00 target, the same as before. Morgan Stanley maintained an Equal-Weight rating with a target of $377.00, and Baird held a Neutral rating with a target of $312.00.

About JPMorgan Chase

JPMorgan Chase & Co. is a leading financial services firm based in New York, NY. It operates as a bank and financial holding company, providing services across various segments, including consumer banking, commercial and investment banking, and asset management. The recent analyst ratings and stock performance reflect the firm's strong position in the financial sector.

Bottom Line

Investors should watch for JPMorgan Chase's upcoming earnings report on January 14, 2027, and continue to monitor any changes in analyst ratings and institutional positions. RBC Capital's reaffirmation of its Outperform rating with a price target of $370 highlights the firm's positive outlook despite the current trading levels.