arXiv:2611.09302v1 Announce Type: cross Abstract: Joint-Embedding Predictive Architectures (JEPAs) predict the latent embedding of a target signal from a context signal, with an auxiliary variable z conditioning the predictor. Despite its prominent role in the original JEPA blueprint, the content of z has been carried by a fixed deterministic token in every prior instantiation, collapsing the genuinely multi-modal distribution over plausible completions to a point estimate. We present S-JEPA, which realises z as a proper stochastic latent variable for masked image prediction: a learned posterior infers z from context and target during training, while a learned context-conditioned prior approximates the distribution of plausible completions at inference, with no decoders and no reconstruction. In its deterministic limit the objective reduces to the I-JEPA loss in functional form, generalising that objective rather than strictly containing the I-JEPA model. Our central finding is that stochasticity adds capabilities, error-correlated predictive uncertainty and diverse completions, at no cost to representation quality: under matched architectures and schedules S-JEPA improves over the deterministic I-JEPA baseline and exceeds LeJEPA at matched architecture, while additionally producing spatially structured uncertainty maps and semantically diverse completions, neither of which the deterministic predictor produces.