Want to see JEF full AI Analyst Report?
Top Page
Jefferies
(NYSE:JEF)
Select Model
Select Model
Rating:60Neutral
Price Target:
$55.00
▲(14.37% Upside)
Action:Reiterated
Date:07/10/26
Overall score reflects improved balance-sheet positioning and reasonable valuation (P/E ~13.7 with ~3.05% yield), offset by pressured TTM operating profitability, historically uneven cash-flow profile, and currently weak technical momentum (negative MACD and trading below short-term moving averages).
Positive Factors
Balance-sheet de-risking
A materially lower debt-to-equity (~0.15) reduces solvency and refinancing risk and increases financial flexibility. Over the next 2–6 months this supports underwriting, trading and strategic spending, and provides a buffer against market shocks while management executes growth or capital-return plans.
Negative Factors
Slight revenue decline
A decline in TTM revenue, coupled with pressured operating margins, signals weaker top-line momentum and potential mix shifts away from higher‑margin advisory or trading fees. Over months this can constrain margin recovery, limit reinvestment capacity and amplify performance swings tied to deal flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet de-risking
A materially lower debt-to-equity (~0.15) reduces solvency and refinancing risk and increases financial flexibility. Over the next 2–6 months this supports underwriting, trading and strategic spending, and provides a buffer against market shocks while management executes growth or capital-return plans.
Read all positive factors
Jefferies (JEF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$12.65B
Dividend Yield2.52%
Average Volume (3M)2.35M
Price to Earnings (P/E)14.8
Beta (1Y)1.70
Revenue Growth29.74%
EPS Growth35.56%
CountryUS
Employees7,787
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)3.71
Shares Outstanding193,742,690
10 Day Avg. Volume1,441,891
30 Day Avg. Volume2,351,439
Financial Highlights & Ratios
PEG Ratio-3.99
Price to Book (P/B)1.16
Price to Sales (P/S)1.13
P/FCF Ratio-7.18
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$64.40Price Target Upside33.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)3.85
Revenue Forecast (FY)$8.62B
Jefferies Business Overview & Revenue Model
Company Description
Jefferies Financial Group Inc. operates as a diversified global financial services firm, primarily focused on investment banking, capital markets, and asset management. Its extensive operations span the Americas, Europe, the Middle East, Africa, a...
How the Company Makes Money
Jefferies primarily makes money through its investment banking and capital markets franchise at Jefferies LLC. Key revenue streams include: (1) Investment banking fees: advisory fees from mergers and acquisitions and other strategic advisory work;...
Jefferies Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.14B | 10.82B | 10.52B | 7.44B | 7.15B | 8.95B |
| Gross Profit | 8.24B | 6.46B | 6.22B | 4.51B | 3.77B | 4.62B |
| EBITDA | 1.34B | 1.06B | 4.68B | 3.21B | 2.42B | 3.34B |
| Net Income | 898.20M | 710.48M | 743.38M | 277.69M | 785.45M | 1.67B |
Balance Sheet | ||||||
| Total Assets | 79.54B | 76.01B | 64.36B | 57.91B | 51.06B | 56.11B |
| Cash, Cash Equivalents and Short-Term Investments | 14.31B | 14.04B | 12.15B | 8.53B | 9.70B | 10.76B |
| Total Debt | 36.93B | 23.76B | 20.36B | 16.09B | 13.72B | 11.42B |
| Total Liabilities | 68.93B | 65.37B | 54.13B | 48.10B | 40.76B | 45.38B |
| Stockholders Equity | 10.61B | 10.57B | 10.16B | 9.71B | 10.23B | 10.68B |
Cash Flow | ||||||
| Free Cash Flow | 1.78B | -1.71B | -459.84M | -1.93B | 1.58B | 1.42B |
| Operating Cash Flow | 2.01B | -1.50B | -209.25M | -1.93B | 1.80B | 1.58B |
| Investing Cash Flow | -353.82M | -298.81M | 210.31M | -12.20M | -60.54M | -409.87M |
| Financing Cash Flow | 1.58B | 3.59B | 3.35B | 1.06B | -2.84B | 994.29M |
Jefferies Technical Analysis
Positive
48.09
Price Trends
54.46
Positive
48.88
Positive
53.09
Positive
Market Momentum
-0.10
Negative
51.45
Neutral
81.51
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JEF, the sentiment is Positive. The current price of 48.09 is below the 20-day moving average (MA) of 54.27, below the 50-day MA of 54.46, and below the 200-day MA of 53.09, indicating a bullish trend. The MACD of -0.10 indicates Negative momentum. The RSI at 51.45 is Neutral, neither overbought nor oversold. The STOCH value of 81.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JEF.
Jefferies Risk Analysis
Jefferies disclosed 27 risk factors in its most recent earnings report. Jefferies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Jefferies Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $13.21B | 17.75 | 41.05% | 0.95% | 47.30% | 68.64% | |
76 Outperform | $5.42B | 18.24 | 21.56% | 1.63% | 30.99% | 32.50% | |
73 Outperform | $9.74B | 21.91 | 18.79% | 1.33% | 9.48% | 5.23% | |
71 Outperform | $11.84B | 9.30 | 15.14% | 1.43% | 9.07% | 45.94% | |
71 Outperform | $5.50B | 22.96 | 42.00% | 3.69% | 19.19% | 26.01% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | $12.65B | 14.79 | 7.08% | 2.52% | 29.74% | 35.56% |
* Financial Sector Average
JEF
Jefferies
54.87
0.74
1.36%
EVR
Evercore Partners
341.54
51.32
17.68%
PIPR
Piper Sandler
76.32
0.58
0.77%
SF
Stifel Financial
77.16
5.86
8.22%
MC
Moelis
67.51
1.38
2.08%
HLI
Houlihan Lokey
140.01
-51.67
-26.96%
Jefferies Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Jefferies Prices €850 Million Senior Notes Offering
Positive
Jul 8, 2026
On July 8, 2026, Jefferies Financial Group Inc. priced a €850 million offering of 4.500% senior notes due July 15, 2033, with an effective yield of 4.544%. The notes are expected to settle on July 15, 2026, under a purchase agreement with a ...
Business Operations and StrategyPrivate Placements and Financing
Jefferies Issues $1.1 Billion Senior Notes Offering
Positive
Apr 28, 2026
On April 23, 2026, Jefferies Financial Group Inc. entered into a purchase agreement with a syndicate of underwriters led by Jefferies LLC and SMBC Nikko Securities America, Inc. to issue and sell $1.1 billion aggregate principal amount of 5.125% S...
Business Operations and StrategyPrivate Placements and Financing
Jefferies Prices $1.1 Billion Senior Notes Offering
Positive
Apr 24, 2026
On April 23, 2026, Jefferies Financial Group Inc. announced it had priced a $1.1 billion public offering of 5.125% Senior Notes due April 28, 2031, with an effective yield of 5.304%. The debt issue, expected to settle on April 28, 2026 pending cus...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.