JPMorgan Chase & Co Stock Price (JPM)

About JPM stock

JPM stock gives you exposure to JPMorgan Chase & Co., a leading global financial holding company based in New York City. The firm's offering includes financial services for consumers and small businesses, commercial banking, financial transactions processing, investment banking and asset management.

JPMorgan Chase & Co. is the largest bank in the United States, with $3.87 billion in total assets as of June 2023. It has a long list of awards and accolades, including ranking #5 on FORTUNE World's Most Admired Companies 2023 and appearing on TIME100's Most Influential Companies 2023.

JPMorgan Chase is one of the world's oldest financial institutions, with a history that stretches back more than 200 years and through more than 1,200 predecessor institutions. Significant changes in this century were the merger of J.P. Morgan & Co. and Chase Manhattan in 2000, followed by the acquisition of Bank One by J.P. Morgan Chase in 2004. As recently as May 2023, JPMorgan Chase bought most of failing First Republic Bank's assets.

At the close of the year ending December 21, 2022, JPMorgan Chase & Co. reported $37.7 billion in net income on top of net revenue of $128.7 billion. In Q2 2023, the firm reported net income of $14.5 billion – 15% up from Q1 2023 and 67% up year-on-year – and earnings per share of $4.76 for JPM stock.

How has JPM stock performed historically?

The company, known then as JP Morgan & Co. Incorporated, went public on the New York Stock Exchange in 1942. Prices have risen significantly since then, surviving several crashes and recessions, but have experienced periods of volatility over the years.
In recent times, JPM share prices rose from 2017 to 2021, mainly because of low-interest rates and Federal Reserve policies. This trend was briefly interrupted in early 2020, when the outbreak of the COVID pandemic led to widespread panic and market volatility. JPM stock prices fell from an all-time intraday high of $141 in January 2020 to $90 by March 2020, but they picked up by February 2021.
JPM share prices went on to reach an all-time high of $169.89 in October 2021, before falling into 2022 due to rising inflation and Federal Reserve interest rate hikes. After reaching a low point of $104 in September 2022, they climbed steeply to $138 in November. Since then, they've embarked on a more turbulent ascent to reach $146 as of October 2023.
Use our live chart to view the real-time JPM share price today.

What affects JPM share price?

Like all stocks, JPMorgan Chase & Co. stock prices are driven by a wide range of factors. Understanding and monitoring the key influences can help you better seize opportunities.

• Global events: Worldwide conditions such as economic crises, pandemics, and political instability can impact JPM share prices together with the wider stock market.
• Economic conditions: Wider economic factors such as interest rates, inflation and Federal Reserve policies significantly influence the price of JPMorgan Chase & Co. stocks. Financial institutions can benefit from lower interest rates, which typically lead to increased borrowing and investment.
• Market sentiment: Investor sentiment plays an important role in driving JPM stock prices. Breaking news such as mergers, positive earnings reports and promising market trends can lift prices, while negative developments can cause them to fall.
• Company performance: JPMorgan Chase & Co. reports its finances on a quarterly and annual basis, shedding light on key performance indicators such as revenue, expenses and income. Significant results in either direction can have a big impact on JPM share prices, especially in the immediate periods after the reports are published.

How to trade or invest in JPMorgan Chase & Co. stock

Buy JPM stock directly

Buy JPM stock directly on our platform and take ownership of a stake in the company's performance. Create your account, add funds, and choose how many shares you want to buy.

You'll have the choice of holding JPM shares long term in the expectation that their price will rise or selling them for a quick profit when you identify an opportunity. A longer period is favourable to this strategy, as you'll only ever profit from bull markets. This has the added benefit of making you less vulnerable to short-term volatility.

Trade JPM stock with derivatives

Alternatively, you can speculate on JPM share price movements using financial derivatives like contracts for difference (CFDs).

CFDs are short-term contracts in which you speculate on the future price of a stock and agree to exchange the difference between the opening and closing prices.

Using derivatives allows you to profit from JPM stock price movements without owning the underlying stock. This method lets you trade in either direction, profiting from falling as well as rising markets. You can also use leverage, which lets you open larger positions with smaller deposits and magnifies your potential profits or losses.

Pros and cons of JPMorgan Chase & Co. stock

Pros of trading JPM stock

• Market leader: JPMorgan & Co. is the largest bank in the United States by total assets and a leading financial services firm. Trading its stock gives you exposure to a company with a long-term record of strong growth, as well as a major market.
• News coverage: JPMorgan Chase & Co. publishes its financial performance freely on a quarterly and yearly basis, helping you conduct your fundamental analysis. And thanks to the firm's high renown, it earns significant third-party coverage that lets you stay abreast of any breaking news that might affect JPM stock prices.
• Liquidity: High demand for stock in this global firm makes trading quick and efficient.
• Trading options: You can choose the trading method you prefer, either holding JPMorgan Chase & Co. stock over the long term or speculating on short-term price movements in either direction using derivatives.

Cons of trading JPM stock

• Market volatility: The market is vulnerable to a wide range of factors, as we've explained above. While savvy analysis can help you get ahead of some JPM stock price movements, the market will always be unpredictable.
• Leverage risk with derivatives: Trading leveraged products increases your risks, potentially amplifying your losses instead of profits. Ensure you employ risk management strategies and use ratios you're comfortable with.
• Diversification: Large-cap stocks are important assets to have in your portfolio but trading them on their own exposes you to undue risk. You'll need to diversify your portfolio by trading mid- and small-cap stocks too, as well as assets from other classes

How to start trading JPM stock with Tradu

1. Open your Tradu account: Create an account online and add funds to trade or invest.
2. Craft your trading strategy: Define your goals and choose tactics based on your capital, timeframe and risk tolerance.
3. Study the market: Forecast JPM share price movements using live charts and in-depth analysis.
4. Take your first position: Buy JPMorgan Chase & Co. stock directly and profit from growth or use derivatives to speculate on price changes in either direction.
5. Diversify your portfolio: Hedge against risk by spreading your capital across different asset classes