--- title: "JPMorgan Chase & Co. Cuts Ivanhoe Electric (NYSEAMERICAN:IE) Price Target to $20.00" type: "News" locale: "en" url: "https://longbridge.com/en/news/292204086.md" description: "JPMorgan Chase & Co. lowered its price target for Ivanhoe Electric (NYSEAMERICAN:IE) from $21.00 to $20.00 while maintaining an 'overweight' rating in a Thursday report. The adjustment suggests a potential upside of 125.48% from the previous close. Additionally, several institutional investors, including Bank of America and Royal Bank of Canada, increased their stakes in the company during the first quarter." datetime: "2026-07-09T13:18:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292204086.md) - [en](https://longbridge.com/en/news/292204086.md) - [zh-HK](https://longbridge.com/zh-HK/news/292204086.md) --- # JPMorgan Chase & Co. Cuts Ivanhoe Electric (NYSEAMERICAN:IE) Price Target to $20.00 Ivanhoe Electric (NYSEAMERICAN:IE - Get Free Report) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $21.00 to $20.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 125.48% from the stock's previous close. Get **Ivanhoe Electric** alerts: ## Ivanhoe Electric Trading Down 3.0% - The Copper Barbell: How to Profit From the Shortage—and Avoid the Dilution Trap Shares of Ivanhoe Electric stock opened at $8.87 on Thursday. Ivanhoe Electric has a 52 week low of $8.44 and a 52 week high of $21.55. The stock has a market cap of $1.40 billion, a PE ratio of -10.95 and a beta of 1.23. The company's 50-day moving average price is $11.80 and its two-hundred day moving average price is $14.09. Ivanhoe Electric (NYSEAMERICAN:IE - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.11). The company had revenue of $0.86 million for the quarter, compared to the consensus estimate of $0.90 million. Ivanhoe Electric had a negative return on equity of 29.11% and a negative net margin of 3,477.73%. On average, equities analysts predict that Ivanhoe Electric will post 0.02 EPS for the current fiscal year. ## Hedge Funds Weigh In On Ivanhoe Electric Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. J. Derek Lewis & Associates Inc. purchased a new position in Ivanhoe Electric during the 1st quarter worth approximately $118,000. Bank of America Corp DE lifted its holdings in shares of Ivanhoe Electric by 535.6% in the first quarter. Bank of America Corp DE now owns 1,259,817 shares of the company's stock valued at $14,891,000 after purchasing an additional 1,061,613 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Ivanhoe Electric by 4.0% in the first quarter. Janus Henderson Group PLC now owns 148,706 shares of the company's stock worth $1,757,000 after buying an additional 5,750 shares during the period. California State Teachers Retirement System boosted its position in shares of Ivanhoe Electric by 36.6% in the first quarter. California State Teachers Retirement System now owns 122,228 shares of the company's stock worth $1,445,000 after buying an additional 32,718 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Ivanhoe Electric by 5.0% during the first quarter. Royal Bank of Canada now owns 150,947 shares of the company's stock valued at $1,785,000 after buying an additional 7,182 shares in the last quarter. Institutional investors and hedge funds own 79.05% of the company's stock. ## Ivanhoe Electric Company Profile (Get Free Report) Ivanhoe Electric NYSEAMERICAN: IE is a mineral exploration and project-development company focused on the discovery and advancement of battery-metal deposits. The company's portfolio targets copper, nickel, silver, gold and zinc resources that support the growing demand for electrification and clean-energy technologies. Through systematic geological mapping, drilling and metallurgical testing, Ivanhoe Electric aims to delineate large-scale, strategically located mineral systems. Headquartered in Greenwood Village, Colorado, Ivanhoe Electric has assembled a diversified land package across North America and Europe. ## Featured Articles - Five stocks we like better than Ivanhoe Electric - Catching the AI Wave: DigitalOcean Reels in AI Whales - Rivian’s 75 Million-Share Offering Turns the R2 Growth Story Into a Dilution Test - Sony Is Going All-Digital—But Investors Should Watch This Instead - Scotiabank Sees a New Growth Story for Cloudflare _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Ivanhoe Electric Right Now? Before you consider Ivanhoe Electric, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ivanhoe Electric wasn't on the list. While Ivanhoe Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [IE.US](https://longbridge.com/en/quote/IE.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [JHG.US](https://longbridge.com/en/quote/JHG.US.md) - [RY.US](https://longbridge.com/en/quote/RY.US.md) - [DOCN.US](https://longbridge.com/en/quote/DOCN.US.md) - [RIVN.US](https://longbridge.com/en/quote/RIVN.US.md) - [SONY.US](https://longbridge.com/en/quote/SONY.US.md) - [6758.JP](https://longbridge.com/en/quote/6758.JP.md) - [BNS.US](https://longbridge.com/en/quote/BNS.US.md) - [NET.US](https://longbridge.com/en/quote/NET.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [Bank of America Corporation $BAC Shares Sold by Blue Edge Capital LLC](https://longbridge.com/en/news/294598667.md) - [How Ivanhoe Electric’s Removal From Key Russell Indices Will Impact Ivanhoe Electric (IE) Investors](https://longbridge.com/en/news/291410673.md) - [ISA Energia Brasil completes cross-shareholding unwind, to consolidate 100% of IE Madeira from August 2026](https://longbridge.com/en/news/294551630.md) - [REG - iShares IV PLC - iShares IV plc_Prospectus update_31.07.2026](https://longbridge.com/en/news/294508240.md) - [Bank of America Corp DE Buys 429,338 Shares of Tapestry, Inc. $TPR](https://longbridge.com/en/news/294575731.md)