Morgan Stanley Maintains An Equal Weight Rating On JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (NYSE:JPM) is among the 12 Best Performing Dow Stocks in 2025

Morgan Stanley Maintains An Equal Weight Rating On JPMorgan Chase & Co. (JPM)

According to The Fly on December 10, 2025, Morgan Stanley reduced JPMorgan Chase & Co. (NYSE:JPM) price objective from $338 to $331. The firm kept an Equal Weight rating on JPMorgan Chase & Co. (NYSE:JPM). The firm revised its EPS expectations for 2026 and 2027 to $21.61 and $23.66, respectively, down 3% and 2%, noting higher expenses balanced by stronger Markets revenues.

On December 9, 2025, Reuters reported that JPMorgan Chase & Co. (NYSE:JPM) expects expenses in 2026 to go up to roughly $105 billion, primarily due to costs associated with expansion and volume. Marianne Lake, Chief of Consumer and Community Banking of JPMorgan Chase & Co. (NYSE:JPM), identified strategic initiatives as the second-most significant driver of expense growth, with a substantial share coming from the consumer and community banking division. According to LSEG statistics, analysts’ consensus estimate of total expenses was $100.84 billion, Reuters reported.

Furthermore, Lake pointed out that market revenue is anticipated to expand by low-teen percentages in the fourth quarter of the year, and investment banking revenue is projected to surge by low-single-digit percentages. The market for bank mergers and acquisitions is more favorable than it was in the past, she continued. JPMorgan Chase & Co. (NYSE:JPM)’s stock plummeted 4.3% after these revelations, the biggest one-day drop since April 4, 2025.

JPMorgan Chase & Co. (NYSE:JPM) is one of the largest and most intricate financial institutions in the United States, with over $4 trillion in assets.

While we acknowledge the risk and potential of JPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JPM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 15 Best Stocks to Buy for the Long Term and 11 Worst Performing Dividend Stocks Year-to-Date.

Disclosure: None.