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JPMorgan Chase & Co.

JPM Financial Services Unknown Updated July 31, 2026
$351.86
52W $279.10 – $359.30
54/100
$942.62B
15.1
0.98
AI Committee Verdict
Watch
Conviction: Contested · 43% agreement · 7 analysts
-16.5%
Contested

Is JPM Bullish or Bearish?

Mixed. Innellis AI committee rates JPMorgan Chase & Co. (JPM) Watch with a composite score of 54/100 , based on 7 analysts with 43% agreement. Last updated July 31, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +5.52 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -14.48 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 109.0% yoy -- genuine top-line momentum. Risk Analyst remains cautious — high leverage (debt-to-equity 2.55) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • P/E of 14.6 is inexpensive for the broad market — Value
  • ROE of 17.8% shows genuine earnings power backing the valuation — Value
  • Revenue growing 109.0% YoY -- genuine top-line momentum — Growth
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Price structure making higher highs and higher lows — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
Bear Case
  • Debt-to-equity of 2.55 adds balance-sheet risk to the value case — Value
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • MACD histogram negative -- bearish momentum — Technical
  • Weekly RSI at 78 -- overbought on the larger timeframe too — Technical
  • High leverage (debt-to-equity 2.55) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of July 31, 2026
Overall Committee Score
54/100
Agreement
43%
Analysts
7
Conviction
Contested
Sector Rank
Top 72%
of 141 Financial Services peers
Value Analyst bullish
61 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 14.6 is inexpensive for the broad market
− Debt-to-equity of 2.55 adds balance-sheet risk to the value case
Growth Analyst bullish
67 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 109.0% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst bearish
30 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.55) amplifies downside in a stress scenario
Macro Analyst neutral
58 / 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
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Investment Thesis Evolution

Committee score moved marginally from 56.6 to 54.5.

Analyst-level changes:
  • Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
  • Portfolio Manager: +2 bearish signal(s).
  • Technical Analyst: score 69->61 (-8); +2 bearish signal(s).
  • Value Analyst: +1 bullish signal(s).

Comparing 2026-07-30 to 2026-07-31 (1 day apart).

Technical Analysis

RSI (14)
58.5
Neutral
MACD Histogram
-0.234
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.75
Inside Bands
Price vs Moving Averages
EMA 9
$349.68 Above
EMA 21
$343.91 Above
EMA 50
$332.17 Above
EMA 200
$310.86 Above

Fundamental Analysis

Valuation
94
Growth
74
Profitability
0
Financial Health
2
Cash Flow
38
Valuation
P/E Ratio 15.1×
P/B Ratio 2.62×
PEG Ratio 0.79
Dividend Yield 0.02%
52W High $359.30
52W Low $279.10
Quality & Growth
ROE 15.7%
ROA 1.3%
Gross Margin 62.6%
Operating Margin 28.2%
Revenue Growth YoY
Debt / Equity 3.30
AI Fundamental Assessment
P/E ratio of 15.1 (inexpensive relative to a 15-40x range); Price-to-book of 2.6x; PEG ratio of 0.8 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.2%; Return on assets of 0.0%; Net margin of 0.2%; Gross margin of 0.6%; Current ratio of 0.84 (tight short-term liquidity); Debt-to-equity of 3.30; Free cash flow margin of 1.0% (thin cash generation); Free cash flow per share is positive (50.54); Most recent quarter beat estimates by 4.0%; 5 consecutive earnings beats; EPS growth decelerating (+13.6% -> +3.4% QoQ); Average YoY EPS growth of 23.8%; Analyst estimates rising over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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