JPM Stock Plunges Amid September Rate Hike Fears

JPMorgan Chase's stock slipped about 1.6% after the August jobs report beat expectations and increased market implied odds of a September rate hike.

The bank's recent bond issuances and high-profile corporate financing roles keep its stock closely tied to shifting rate expectations and long-term bank risk perceptions.

JPMorgan Chase has a 15.28% 90-day share price return and a 24.16% one-year total shareholder return, with a current share price of $358.64.

The Simply Wall Street DCF model indicates the stock is trading below an estimated future cash flow value of $492.02, suggesting it may be undervalued based on this model.