JPMorgan downgrades Ethos Technologies to Neutral and sets $37 price target
JPMorgan lowered its rating on Ethos Technologies from Overweight to Neutral and issued a new price target of $37. The broker cited a more balanced risk‑reward profile after the stock’s strong performance this year and concerns about relative valuation and cash‑flow conversion. Ethos reported Q2 2026 revenue of $189.6 million, up 113% year‑over‑year, and raised its full‑year revenue guidance to $727 million‑$731 million. The downgrade followed a 99% year‑to‑date price increase.
Why it matters
JPMorgan’s downgrade and lower target may temper investor enthusiasm and could pressure the share price in the near term. The raised full‑year revenue guidance signals continued growth, which may support the stock despite the rating change.
Key facts
- 1JPMorgan set a price target of $37 for Ethos Technologies. marketscreener.com
- 2The stock was trading at $33.57 at the time of the downgrade. marketscreener.com
- 3The 5‑day price change was -0.83%. marketscreener.com
- 4Ethos Technologies’ shares were up 99% year‑to‑date. investing.com
- 5Q2 2026 revenue was $189.6 million, a 113% increase year‑over‑year. investing.com
- 6Full‑year 2026 revenue guidance was raised to a range of $727 million to $731 million. investing.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.