Zacks Research Daily: Tech Stock Updates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy JPM?
Source: NASDAQ.COM
- NVIDIA Strong Performance: NVIDIA's stock has risen 44.2% over the past year, slightly trailing the semiconductor industry's 45.1% growth, benefiting from robust demand for AI and high-performance computing, particularly with GPUs based on its Hopper and Blackwell architectures driving data center revenue growth.
- Microsoft AI Business Growth: Microsoft shares have dipped 0.2%, yet its AI business momentum and Copilot adoption are propelling Azure cloud infrastructure expansion, with strong Office 365 commercial demand, although Azure growth guidance has slowed to 37-38%, indicating potential demand saturation risks.
- JPMorgan Sustained Growth: JPMorgan's stock has increased by 14.5%, outperforming the investment banking industry's 24.9% growth, with expectations for nearly a 9% rise in net interest income for 2026, despite concerns over weak asset quality and market volatility potentially impacting non-interest income.
- Star Group Acquisition-Driven Growth: Star Group's shares have gained 6.9%, operating in a fragmented heating fuel market in the Northeast and Mid-Atlantic, leveraging acquisitions to enhance operational leverage, although facing risks from weather volatility and regulatory pressures.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy JPM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 297.560
Low
260.00
Averages
341.38
High
400.00
Current: 297.560
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Market Plummets Amid Prolonged U.S.-Iran Conflict
- Market Decline: The Dow Jones fell over 850 points on Tuesday as investors sold off amid concerns that the U.S.-Iran conflict will be prolonged, indicating a heightened sensitivity to geopolitical risks that could undermine investor confidence in the short term.
- Oil Price Surge: International oil prices surged for the second consecutive day, with Brent crude surpassing $85 per barrel due to Iran's blockade of the Strait of Hormuz and threats against tankers, intensifying market expectations of regional supply disruptions that may affect global energy price stability.
- CrowdStrike Earnings Outlook: CrowdStrike's stock rose over 1% ahead of its earnings report, with analysts suggesting it must demonstrate strong results to counter claims that artificial intelligence poses a threat to its business, highlighting ongoing market interest in cybersecurity demand.
- Palo Alto Networks Coverage Initiation: Wells Fargo initiated coverage on Palo Alto Networks with a buy-equivalent rating and a $200 price target, noting its advantages in large enterprise customer base and willingness to invest ahead of adoption curves, reflecting optimistic market sentiment towards the cybersecurity sector.
See More
Market Watch: Oil Price Surge and Corporate Developments
- Oil Price Surge: Global benchmark Brent crude prices have surged 8% to over $84 per barrel, reaching a new 52-week high, driven by fears of prolonged supply disruptions that could hinder global economic recovery.
- Apple Price Target Raised: Barclays raised its price target on Apple from $239 to $248, adjusting estimates based on expectations for the upcoming foldable and Pro models, although the market's muted response suggests a need to monitor its performance among megacaps.
- MongoDB Shares Plummet: MongoDB shares fell 27% after its flagship database product Atlas reported a slower-than-expected growth rate of 29% in Q4, coupled with disappointing revenue guidance for fiscal 2027, indicating increased competitive pressures.
- Target Shares Rise: Target's stock rose over 4% in premarket trading after the retailer reported better-than-expected earnings for the holiday quarter, with new CEO indicating positive year-over-year sales in February, marking a significant milestone in the company's growth trajectory.
See More
JPMorgan CEO Warns of Deteriorating Credit Cycle Risks
- Credit Cycle Warning: JPMorgan CEO Jamie Dimon cautioned at the Global Leveraged Finance Conference that the next credit cycle will be worse than normal due to widespread complacency among lenders, particularly as government debt reaches unprecedented levels, potentially leading to inflated asset prices and low credit spreads.
- Inflation Risk Factors: Dimon noted that the Iran conflict could trigger inflation, although he expressed cautious optimism that it might serve as a catalyst for lasting peace in the Middle East, asserting that higher gas prices won't significantly impact inflation unless the situation persists.
- Market Risk Pricing Changes: According to Kalshi, the odds of a recession in 2026 have risen from 21% in February to 25%, while the likelihood of US unemployment exceeding 5% has increased from 33% to 37%, indicating growing market concerns about economic prospects.
- Private Credit Market Vulnerability: Noted investor Steve Eisman warned that the $1.8 trillion private credit market could severely harm the US economy, particularly as over 20% of private credit is tied to software buyout loans made at pre-AI valuations, which may default if those companies are replaced by AI.
See More
J.P. Morgan Appoints Head of Private Wealth Alternatives
- Leadership Changes: J.P. Morgan has appointed Stephanie Davis as Head of Private Wealth Alternatives, focusing on enhancing market activities for financial advisors across the U.S., leveraging her three decades of experience from Hamilton Lane to strengthen the firm's competitive edge in private market solutions.
- Team Expansion Plans: Sean Flynn has been named Private Wealth Alternatives National Manager, overseeing a growing team of client advisors in the U.S., which is expected to expand to 20 professionals by year-end, thereby enhancing client education and engagement with alternative investments.
- Growing Market Demand: With over $600 billion in assets under management in alternatives, J.P. Morgan's new leadership is poised to accelerate growth in response to rising investor demand for alternative investments, reinforcing the firm's market position.
- Enhanced Educational Resources: The firm reaches over 150,000 financial professionals quarterly through its Guide to Alternatives, and its Alternative Realities podcast, launched in 2024, has already garnered over 170,000 downloads, reflecting the company's ongoing commitment to educating financial advisors.
See More
Sean Flynn Named National Manager of Private Wealth Alternatives at J.P. Morgan Asset Management
- Appointment Announcement: Sean Flynn has been appointed as the National Manager for Private Wealth Alternatives at J.P. Morgan Asset Management.
- Role Significance: This position highlights J.P. Morgan's commitment to expanding its offerings in private wealth management and alternative investments.
See More
Stephanie Davis Appointed Head of Private Wealth Alternatives at J.P. Morgan Asset Management
- New Appointment: Stephenie Davis has been appointed as the head of Private Wealth Alternatives at J.P. Morgan Asset Management.
- Role Significance: This position highlights J.P. Morgan's commitment to expanding its offerings in private wealth management and alternative investments.
See More
Market Plummets Amid Prolonged U.S.-Iran Conflict
- Market Decline: The Dow Jones fell over 850 points on Tuesday as investors sold off amid concerns that the U.S.-Iran conflict will be prolonged, indicating a heightened sensitivity to geopolitical risks that could undermine investor confidence in the short term.
- Oil Price Surge: International oil prices surged for the second consecutive day, with Brent crude surpassing $85 per barrel due to Iran's blockade of the Strait of Hormuz and threats against tankers, intensifying market expectations of regional supply disruptions that may affect global energy price stability.
- CrowdStrike Earnings Outlook: CrowdStrike's stock rose over 1% ahead of its earnings report, with analysts suggesting it must demonstrate strong results to counter claims that artificial intelligence poses a threat to its business, highlighting ongoing market interest in cybersecurity demand.
- Palo Alto Networks Coverage Initiation: Wells Fargo initiated coverage on Palo Alto Networks with a buy-equivalent rating and a $200 price target, noting its advantages in large enterprise customer base and willingness to invest ahead of adoption curves, reflecting optimistic market sentiment towards the cybersecurity sector.
See More
Market Watch: Oil Price Surge and Corporate Developments
- Oil Price Surge: Global benchmark Brent crude prices have surged 8% to over $84 per barrel, reaching a new 52-week high, driven by fears of prolonged supply disruptions that could hinder global economic recovery.
- Apple Price Target Raised: Barclays raised its price target on Apple from $239 to $248, adjusting estimates based on expectations for the upcoming foldable and Pro models, although the market's muted response suggests a need to monitor its performance among megacaps.
- MongoDB Shares Plummet: MongoDB shares fell 27% after its flagship database product Atlas reported a slower-than-expected growth rate of 29% in Q4, coupled with disappointing revenue guidance for fiscal 2027, indicating increased competitive pressures.
- Target Shares Rise: Target's stock rose over 4% in premarket trading after the retailer reported better-than-expected earnings for the holiday quarter, with new CEO indicating positive year-over-year sales in February, marking a significant milestone in the company's growth trajectory.
See More
JPMorgan CEO Warns of Deteriorating Credit Cycle Risks
- Credit Cycle Warning: JPMorgan CEO Jamie Dimon cautioned at the Global Leveraged Finance Conference that the next credit cycle will be worse than normal due to widespread complacency among lenders, particularly as government debt reaches unprecedented levels, potentially leading to inflated asset prices and low credit spreads.
- Inflation Risk Factors: Dimon noted that the Iran conflict could trigger inflation, although he expressed cautious optimism that it might serve as a catalyst for lasting peace in the Middle East, asserting that higher gas prices won't significantly impact inflation unless the situation persists.
- Market Risk Pricing Changes: According to Kalshi, the odds of a recession in 2026 have risen from 21% in February to 25%, while the likelihood of US unemployment exceeding 5% has increased from 33% to 37%, indicating growing market concerns about economic prospects.
- Private Credit Market Vulnerability: Noted investor Steve Eisman warned that the $1.8 trillion private credit market could severely harm the US economy, particularly as over 20% of private credit is tied to software buyout loans made at pre-AI valuations, which may default if those companies are replaced by AI.
See More
J.P. Morgan Appoints Head of Private Wealth Alternatives
- Leadership Changes: J.P. Morgan has appointed Stephanie Davis as Head of Private Wealth Alternatives, focusing on enhancing market activities for financial advisors across the U.S., leveraging her three decades of experience from Hamilton Lane to strengthen the firm's competitive edge in private market solutions.
- Team Expansion Plans: Sean Flynn has been named Private Wealth Alternatives National Manager, overseeing a growing team of client advisors in the U.S., which is expected to expand to 20 professionals by year-end, thereby enhancing client education and engagement with alternative investments.
- Growing Market Demand: With over $600 billion in assets under management in alternatives, J.P. Morgan's new leadership is poised to accelerate growth in response to rising investor demand for alternative investments, reinforcing the firm's market position.
- Enhanced Educational Resources: The firm reaches over 150,000 financial professionals quarterly through its Guide to Alternatives, and its Alternative Realities podcast, launched in 2024, has already garnered over 170,000 downloads, reflecting the company's ongoing commitment to educating financial advisors.
See More
Sean Flynn Named National Manager of Private Wealth Alternatives at J.P. Morgan Asset Management
- Appointment Announcement: Sean Flynn has been appointed as the National Manager for Private Wealth Alternatives at J.P. Morgan Asset Management.
- Role Significance: This position highlights J.P. Morgan's commitment to expanding its offerings in private wealth management and alternative investments.
See More
Stephanie Davis Appointed Head of Private Wealth Alternatives at J.P. Morgan Asset Management
- New Appointment: Stephenie Davis has been appointed as the head of Private Wealth Alternatives at J.P. Morgan Asset Management.
- Role Significance: This position highlights J.P. Morgan's commitment to expanding its offerings in private wealth management and alternative investments.
See More
