Stocks will fall 20-30% from a 2024 peak - JPMorgan By Investing.com (2024)

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What is the stock price prediction for JPM in 2024? ›

JPMorgan Chase Stock Price Forecast 2024-2025

The forecasted JPMorgan Chase price at the end of 2024 is $242 - and the year to year change +42%. The rise from today to year-end: +18%.

Overall, Yardeni Research forecasts S&P 500 operating earnings at $250 in 2024, up 12% vs 2023. He puts them at $270 in 2025 (up 8%) and $300 in 2026 (up 11.1%). These figures compare with analysts' consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.

According to our JPMorgan Chase & Co stock prediction for 2025, JPM stock will be priced at $ 234.89 in 2025. This forecast is based on the stock's average growth over the past 10 years.

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So, overall, a base case forecast of 2024 for 2024 – 2% growth, 0 recessions, 2% inflation and 4% unemployment. However, it should be recognized that there are many potential risks to this outlook, including a U.S. election, the lagged consequences of higher interest rates and very significant geopolitical tension.

Potential economic obstacles in 2024 could delay the start of a sustained bull market, but investors can still find opportunities. Consider staying cautious on U.S. stocks while shifting to bonds for potential income and capital gains.

Key Takeaways. While holding or moving to cash might feel good mentally and help avoid short-term stock market volatility, it is unlikely to be wise over the long term. Once you cash out a stock that's dropped in price, you move from a paper loss to an actual loss.

The survey's median projection is for the S&P 500 to finish 2024 at 5,606, almost 3% above Friday's close. That's a cheerier view than Wall Street strategists' median target , which is for the index to be little changed from current levels at year-end.

Which share will double in 3 years? ›

The average price target for JPMorgan Chase & Co. is $219.44. This is based on 22 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $240.00 ,the lowest forecast is $185.00. The average price target represents 4.47% Increase from the current price of $210.05.

While many experts are making predictions about whether the market will crash in 2024 or how severe the next downturn will be, it's impossible to say with certainty where stock prices will be in the short term. However, the market's long-term performance is all but guaranteed to be positive.

JPMorgan Chase's earnings are forecast to decline at 3.6% per annum while its annual revenue is expected to grow at 1% per year. EPS is expected to decline by 0.3% per annum. Return on equity is forecast to be 13% in 3 years.

The JP Morgan Healthcare Conference will take place January 8-11, 2024 in San Francisco, CA.

The commercial real estate outlook for the second half of 2024 is largely positive — multifamily continues to perform, as do industrial and retail. But challenges could lie ahead. The higher interest rate environment appears to be here to stay, and office vacancies continue to climb.

JPMorgan Chase's earnings are forecast to decline at 3.6% per annum while its annual revenue is expected to grow at 1% per year. EPS is expected to decline by 0.3% per annum. Return on equity is forecast to be 13% in 3 years.