Market Pulse44Neutral

JPMorgan Chase & Co.Opportunity Rank #16(JPM) Intrinsic Value & DCF Analysis (2026)

Current Price

$331.48

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$331.48
Price
$1,283.49
Intrinsic Value
Undervalued by 287%MOS: $1,026.79

Fundamental Score

83/100
Bullish

Weighted across 6 signals

Narrative Score

76/100
Strong

+1 vs previous

Trend Score

66/100
Constructive

As of 2026-06-22

The intrinsic value of JPMorgan Chase & Co. (JPM) is estimated at $1,283.49 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $331.48, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.85% long-term growth rate and an 8.39% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of JPMorgan Chase & Co. (JPM) is estimated at $1,283.49 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $331.48, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.85% long-term growth rate and an 8.39% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$1,283.49
287.20% upside
20% margin of safety: $1,026.79
Years: 10Growth Rate: 5.85%
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Fundamental Details

83/100
BullishWeighted across 6 signals
DCF Discount
287.2% discount to price
100
FCF Yield
15.9% trailing FCF yield
100
ROIC vs WACC
ROIC vs WACC unavailable
50
Net Debt / FCF
Net cash position
100
Buybacks
Share count flat
50
FCF CAGR (5Y)
1071.7% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

76/100
Strong
+1 vs previousVs 6-Month Baseline:Below Avg (29th pct)Weighted across 6 recent drivers
Trend: StableConfidence: 91%Updated: 1h ago
Sources: 207 (200 News · 7 Analyst)
Drivers(last 30 days)
166 news sentiment+1.6
27 regulatory scrutiny+1.1
3 legal risk-0.1
2 upgrade headlines+0.0
Downgrade headlines+0.0
Layoffs-0.0

Trend Details

66/100
ConstructiveAs of 2026-06-22308 daily bars used
Distance from 52-Week High-0.9%
Price vs 50 EMA+7.1%
Price vs 21 EMA+5.1%
Price vs 21 EMA78 · +5.1%
Price vs 50 EMA80 · +7.1%
21 EMA vs 50 EMA65 · +1.9%
3M RS vs SPY54 · +0.9%
6M RS vs SPY35 · -5.6%
Distance from 52W High98 · -0.9%

Investment Coach

Updating... 12d ago
BUYConfidence: 72%
Thesis
JPMorgan Chase & Co. is significantly undervalued with an estimated fair value over 310% above the current price, supported by strong fundamentals and an improving narrative. The company's robust free cash flow growth and bullish fundamental score indicate substantial upside potential.
Key Risk
Returns are currently trailing the estimated cost of capital, which could limit value creation if not improved.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC versus WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 5.85%5 Year CAGR: 12.54%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$140,945$100,867-$42,012$12,974$107,119$78,084-$79,910$4,092$15,614-$10,827$21,884$73,466$36,593$107,953$25,079$95,932-$3,752$122,797$6,308-$110,560-$49,579

How Intrinziq Estimates Fair Value

Intrinziq estimates JPMorgan Chase & Co.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

JPMorgan Chase & Co.Financial Services

Operating globally, JPMorgan Chase & Co. is a prominent financial services institution. Its business is organized into four main divisions: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The Consumer & Community Banking (CCB) division caters to individual consumers and small businesses. For consumers, it delivers deposit, investment, and lending products, along with payment services, including residential mortgages, home equity loans, credit cards, auto loans, and leasing. Small businesses receive lending, deposit, cash management, and payment solutions, in addition to mortgage origination and servicing. The Corporate & Investment Bank (CIB) segment delivers a broad spectrum of investment banking offerings. These encompass strategic and structural advisory, capital-raising for equity and debt markets, loan origination and syndication, international payments, and cross-border financing. It also deals with cash and derivative instruments, provides risk management solutions, prime brokerage, and research. Furthermore, CIB provides securities services, such as custody, fund accounting, administration, and securities lending, specifically for asset managers, insurers, and various public and private investment funds. Commercial Banking (CB) supplies financial remedies, including lending, payment processing, investment banking, and asset management, to small, large, and mid-sized businesses, local government entities, and non-profit organizations. It additionally specializes in commercial real estate banking for investors, developers, and owners of diverse property types, such as multifamily, office, retail, industrial, and affordable housing. The Asset & Wealth Management (AWM) segment provides multi-asset investment management services across equities, fixed income, alternative investments, and money market funds for both institutional and individual investors. Its offerings further extend to retirement products, brokerage services, custody, trusts and estates, various lending options (loans, mortgages), deposits, and comprehensive investment management products. Beyond its core segments, the firm also supports clients through ATM access, online and mobile banking platforms, and telephone banking services. Established in 1799, JPMorgan Chase & Co. maintains its headquarters in New York, New York.