JP Morgan Cuts JBS Price Target to $17.50

JP Morgan maintained its Overweight rating on JBS N.V. on October 22, 2026, while lowering its price target from $18.00 to $17.50. The research note provides a forward-looking perspective on the packaged foods company from the investment bank. JBS N.V. closed at $12.27 on October 22, 2026.

JBS JBS N.V.

$12.22 ▼ -6.93% year to date

1M 3M YTD

Daily close · Oct 22, 2026

JP Morgan's Call on JBS N.V.

On October 22, 2026, JP Morgan issued its research update, keeping an Overweight rating on the shares while moving its price target from $18.00 to $17.50. This follows earlier tracking from the firm on the stock, which included an $18.00 target on October 9, 2026.

Other Institutional Activity in JBS N.V.

Large institutional funds adjusted their holdings in the company during filings. Bndes Participacoes S.A. reduced its holdings by 19,931 shares, ending with 199,288,206 shares worth about $2.45 billion. Davis Selected Advisers grew its holdings by 23,772,016 shares, ending with 50,016,236 shares worth about $613.7 million for a 90.6% increase. Shaw D.E. & Co., Inc. grew its holdings by 4,886,385 shares, ending with 11,276,322 shares worth about $138.4 million for a 76.5% increase. Brandes Investment Partners L.P. grew its holdings by 4,711,186 shares, ending with 7,693,893 shares worth about $94.4 million for a 157.9% increase. Ameriprise Financial, Inc. reduced its holdings by 10,057 shares, ending with 6,694,797 shares worth about $82.1 million.

JBS N.V. Stock Down 4.0%

JBS N.V. recently traded around $11.96 as of October 22, 2026, down about 2.5% from its event-day close of $12.27. The stock trades below its 50-day moving average of $12.70 and its 200-day moving average of $14.17. Its 52-week trading range spans from a low of $10.61 to a high of $18.65.

Recent Earnings

For the trailing twelve-month period, JBS N.V. brought in $91.17 billion in revenue and generated $1.07 in earnings per share. The company reported a net profit margin of 1.2% and year-over-year revenue growth of 13.8%. Investors look ahead to the next earnings release scheduled for November 9, 2026.

Dividend

JBS N.V. pays an annual dividend rate of $1.00 per share, which yields 8.02% based on current trading levels. The company's dividend payout ratio stands at 93.5%.

Insider Buying and Selling at JBS N.V.

Guilherme Perboyre Cavalcanti, an officer at JBS N.V., sold 183,501 shares on August 24, 2026, at an average price of $13.85, totaling $2.54 million.

Analysts Set New Price Targets

Wall Street firms maintain active views on the company. UBS kept a Buy rating with a $17.50 target on August 24, 2026. Across the broader analyst community, 15 analysts hold opinions, resulting in a consensus buy recommendation and a mean price target of $18.43.

About JBS N.V.

Headquartered in Amstelveen, Netherlands, JBS N.V. operates as a major global processor of animal proteins, handling beef, pork, lamb, and poultry. Beyond meat processing, the company engages in prepared foods, leather, collagen, hygiene and beauty items, metal packaging, and biodiesel operations. The business employs 283,000 people worldwide under the leadership of CEO Gilberto Tomazoni.

Bottom Line

Market participants will monitor upcoming corporate announcements, including the scheduled earnings report on November 9, 2026, for further operational updates.