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News  ›  Benzinga

JP Morgan Stock To Remain 'Range Bound' Until Clarity On Credit Card APR: Analyst

Benzinga Logo Benzinga By Lekha Gupta
JP Morgan Stock To Remain 'Range Bound' Until Clarity On Credit Card APR: Analyst

JPMorgan Chase reported Q4 earnings with net income of $13.0 billion ($4.63 per share, down 7% YoY) but beat adjusted EPS estimates at $5.23. The company posted strong loan growth (up 4% sequentially) and raised 2026 NII guidance to ~$103 billion. Goldman Sachs maintained a Buy rating with a $386 price target, raising 2026-2027 PPNR and EPS estimates. However, the analyst expects JPM shares to remain range-bound until there is clarity on potential credit card APR limits and the Card Competition Act.

Insights
GOOG   positive

Diversified technology portfolio, strategic quantum computing research through DeepMind, potential for vertical integration in AI ecosystem


AMJB   neutral

Mixed signals: Strong operational results with beat on adjusted EPS, solid loan growth, and raised guidance support positive outlook. However, regulatory uncertainty around credit card APR limits and the Card Competition Act creates near-term headwinds, causing analyst to expect range-bound trading despite maintaining Buy rating. Stock down 1% on publication day.