Consensus JPM stock forecast models use a base case of 5% EPS CAGR over the next three years, factoring in share buybacks and stable dividend yield near 2.8%, positioning it competitively within the banking sector. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. JPMorgan reiterated its Overweight rating on Apple stock and lifted its price target from $255 to $280. The firm expects iPhone volumes to reach 236 million in 2026, a 2% increase year over year. That growth should fuel mid- to high-single-digit gains in iPhone revenue. Fresh JPM stock forecast revisions stress the significance of JPMorgan’s tech investments, especially in blockchain settlement solutions, as potential growth levers that could expand earnings multiples over the next 2–3 years.
