JPMorgan cuts target for American Express stock to USD 360.00
Published on 10/14/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInvestor dates and risk signals
- JPMorgan cut its American Express target from USD 400.00 to USD 360.00 on October 12, 2026.
- Second-quarter revenue rose 10.00 percent to USD 19.64 billion, while diluted earnings per share reached USD 4.53.
- American Express stock traded at EUR 277.30 at 9:43 a.m. CEST at Lang & Schwarz on October 14, 2026.
American Express (ISIN US0258161092) was trading at EUR 277.30 at Lang & Schwarz on October 14, 2026 at 9:43 a.m. CEST. Markets Insider reported on October 12, 2026 that JPMorgan had cut its American Express target from USD 400.00 to USD 360.00 while retaining an Overweight rating.
Three dates shape the story
Financial Report Insights said American Express reported second-quarter 2026 revenue net of interest expense of USD 19.64 billion on July 24, 2026, up 10.00 percent year over year, with diluted earnings per share of USD 4.53, up 11.00 percent. The same report said management raised full-year 2026 revenue-growth guidance to 10.00 percent from a 9.00 percent to 10.00 percent range on July 24, 2026, while retaining earnings-per-share guidance of USD 17.30 to USD 17.90. On September 23, 2026, American Express scheduled its third-quarter results webcast for October 23, 2026 at 8:30 a.m. ET.
What does the target cut signal?
JPMorgan's October 12, 2026 note linked the lower USD 360.00 target to a more cautious view of consumer credit. The bank expects pressure on lower- and middle-income borrowers to become clearer in the fourth quarter of 2026 and into 2027, while interest rates remain an additional challenge, according to Markets Insider.
The operating figures offer a counterweight. Yahoo Finance reported that billed business rose 9.00 percent to USD 455.8 billion in the second quarter of 2026, while the net write-off rate held at 2.00 percent. Expenses rose 12.00 percent to USD 14.5 billion in the same quarter, making cost control the key test for the next report.
October 23 is the next test
American Express enters the scheduled third-quarter report with 10.00 percent full-year revenue-growth guidance and an earnings-per-share range of USD 17.30 to USD 17.90. The contrast is clear: spending and revenue are expanding, while JPMorgan is flagging credit pressure and the expense base is growing faster than revenue.
Stock price in euros
American Express was trading at EUR 277.30 at Lang & Schwarz on October 14, 2026 at 9:43 a.m. CEST. The quote is an intraday German-market reference; the Xetra closing comparison is not included here.
The further course of trading is shown by the continuously updated real-time quote of American Express stock.
American Express stock facts
- Company: American Express Company
- ISIN: US0258161092
- Ticker: AXP
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 14, 2026, 9:43 a.m. CEST): EUR 277.30
- Market capitalization: USD 209.2 billion (as of October 13, 2026)
- 52-week range: USD 266.52-387.49 (as of October 13, 2026)
- Sector / Industry: Financial Services / Credit Services
- Next earnings date: October 23, 2026
Market context: Market report S&P 500.
