10 Undervalued Stocks to Invest in According to Goldman Sachs

2. JPMorgan Chase & Co. (NYSE:JPM)

Forward Price-to-Earnings Multiple: 14.66x

Number of Hedge Fund Holders: 120

JPMorgan Chase & Co. (NYSE:JPM) is one of the 10 Goldman Sachs undervalued stocks to invest in.

On January 14, 2026, Truist raised its price target on JPMorgan Chase & Co. (NYSE:JPM) from $331.00 to $334.00, while reiterating a ‘Hold’ rating. The price revision comes as the investment firm updated its model after Q4 results. Lifting its FY2026 EPS estimate by $0.50 to $21.25, the firm cited strong growth assumptions for Markets’ revenues over the next two years. The firm’s outlook is reinforced by the company’s Q4 performance, with its Markets revenue growing by 17%, driven by a 40% surge in equities trading and a 7% growth in fixed income. The growth reflected the earnings power of the company’s trading franchise in volatile conditions.

On the previous day, JPMorgan Chase & Co. (NYSE:JPM) released its Q4 2025 results, recording $5.23 per share EPS in the quarter, beating the consensus of $5.00. The results were followed by a 2.8% decline in shares, with investor caution reflecting an 8% miss in investment banking fees versus expectations, alongside concerns surrounding the proposed U.S. cap on credit card interest rates. With net interest income rising 7% to $25.10 billion during the quarter, management guided to approximately $95.00 billion of 2026 interest income, excluding markets. With this, management reinforced its confidence in the company’s diversified earnings base following a 34% share price gain in 2025.

JPMorgan Chase & Co. (NYSE:JPM), a global financial services leader, offers consumer banking, commercial and investment banking, markets, payments, and asset and wealth management through a diversified, scale-driven franchise.