GOLD
Gold.com, Inc.
GOLD offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
JPM
JPMorgan Chase & Co.
JPM has the edge over GOLD overall, supported by stronger modeled upside and lower modeled downside.
GOLD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
GOLD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like GOLD.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
GOLD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.2x | $13.08 | -64% |
| Fair | 7.5x | $23.38 | -36% |
| Current | 12x | $36.40 | — |
| Forward | 13x | $36.40 | — |
| Expensive | 16x | $48.82 | +34% |
Historical ranges are pointers, not guarantees.
GOLD's PE is in its fair range at 12x. Analysts expect earnings to fall, which would put today's price at 13x next year's earnings, in its expensive range.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM has the edge over GOLD in the historical PE scenario, which offers more potential upside but is not a forecast.
GOLD Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong decline | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect GOLD's earnings to decline, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
JPM has the edge over GOLD on the outlook, with more favorable valuation and earnings expectations.
GOLD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.74 | -12% |
| Q3 2026 | $3.11 | +937% |
| Q2 2026 | $3.02 | +325% |
| Q1 2026 | $2.94 | +87% |
| Q4 2025 | $0.49 | -77% |
| Q3 2025 | $0.30 | -88% |
| Q2 2025 | $0.71 | -75% |
| Q1 2025 | $1.57 | -52% |
| Q4 2024 | $2.14 | -52% |
GOLD's earnings per share have fallen from their peak: $3.11 over the past year, against $9.16 in late 2021.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over GOLD on earnings, with more consistent year-over-year improvement.
GOLD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3B | -11% |
| Q2 2026 | $5B | +99% |
| Q1 2026 | $10.4B | +244% |
| Q4 2025 | $6.5B | +136% |
| Q3 2025 | $3.7B | +36% |
| Q2 2025 | $2.5B | -0.5% |
| Q1 2025 | $3B | +15% |
| Q4 2024 | $2.7B | +32% |
GOLD's revenue is growing: $3.3B last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | +0.1 points |
| Q2 2026 | 0.3% | -0.3 points |
| Q1 2026 | 0.8% | +1.1 points |
| Q4 2025 | 0.2% | 0 points |
| Q3 2025 | 0% | -0.4 points |
| Q2 2025 | 0.5% | -0.8 points |
| Q1 2025 | -0.3% | -0.6 points |
| Q4 2024 | 0.3% | -0.6 points |
GOLD's operating margin was 0.1% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM's revenue has grown year over year for five quarters in a row: $50.2B last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over GOLD on profitability, with a higher operating margin.
GOLD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$643.1M | -432% |
| Q2 2026 | $1.1B | +1591% |
| Q1 2026 | -$3M | -103% |
| Q4 2025 | -$46.6M | -144% |
| Q3 2025 | $193.4M | +$321.6M |
| Q2 2025 | $63.1M | -21% |
| Q1 2025 | $100.4M | +27% |
| Q3 2024 | -$128.1M | -$82M |
GOLD has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
GOLD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +2.5M shares |
| 1 year | +20% | +5M shares |
| 3 years | +21% | +5.2M shares |
| 5 years | +24% | +5.7M shares |
| Available history | +111% | +15.6M shares |
GOLD has 30M diluted shares, up 20% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $5.4M |
| Q3 2023 | $4.9M |
| Q2 2023 | — |
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over GOLD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
GOLD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -4.0x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 5.7x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 2.7x | Moderate |
GOLD has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
GOLD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.7 | Neutral |
| Stochastic | 4.0 | Oversold |
GOLD's weekly RSI is 39 (neutral) and its Stochastic is 4 (oversold).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
GOLD PE vs Financial Services Sector
| Metric | GOLD | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 10% below |
| PE % | 62 | 63 | 1 pt below |
GOLD has the edge over JPM on valuation relative to its sector.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
GOLD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.6 | 8.1% below |
| 20 week MA | $41.9 | 13% below |
| 50 week MA | $43.1 | 16% below |
| 100 week MA | $34.0 | 7% above |
| 200 week MA | $34.0 | 7.1% above |
GOLD has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 7.1% above its 200-week average.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has the edge over GOLD on trend strength, trading above more of its moving averages.
GOLD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.08 | $14.0 | +243% |
| 2021 | $14.0 | $30.8 | +120% |
| 2022 | $30.8 | $34.4 | +12% |
| 2023 | $34.4 | $30.3 | -12% |
| 2024 | $30.3 | $26.1 | -14% |
| 2025 | $26.1 | $34.6 | +32% |
| 2026 YTD | $34.6 | $36.4 | +5.2% |
GOLD has the edge over JPM on returns for 2026, with the stronger performance.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.