JPM stock price today forecast is influenced by Federal Reserve rate policy expectations; stable rates could support lending margins, keeping the stock in the $185-$190 consolidation band before a breakout. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. But the real growth story continues to be in Google Cloud, which is increasing its revenue faster, on a percentage basis, than Amazon.com Inc. NASDAQ: AMZN and Microsoft Corp. NASDAQ: MSFT with their AWS and Azure platforms. Momentum indicators remain constructive despite tighter trading ranges.