Wells Fargo sets USD 415 target for American Express stock

American Express stock is tied to a USD 415.00 target after Wells Fargo analyst Donald Fandetti reiterated a Buy rating on September 30, 2026, according to Markets Insider. The latest trading picture is more cautious, with the Lang & Schwarz quote at EUR 268.35 on October 1, 2026 at 10:09 a.m. CEST.

Wells Fargo raises the valuation bar

Fandetti's USD 415.00 target gives the latest analyst signal a concrete reference point, while the report also records a Buy rating. The target is a third-party assessment rather than company guidance, so the next earnings release will provide the more direct test of operating performance.

Investing.com lists second-quarter 2026 earnings per share at USD 4.53 against a USD 4.40 forecast, a USD 0.13 positive difference. Revenue reached USD 19.64 billion versus a USD 19.69 billion forecast, leaving the quarter with a stronger earnings comparison but a modest revenue shortfall.

Guidance favors growth investment

Management raised full-year 2026 revenue growth guidance to 10.00 percent and maintained earnings-per-share guidance at USD 17.30-17.90, according to the Q2 2026 earnings summary on Investing.com. The combination points to a defined trade-off: American Express is directing part of its operating outperformance toward customer acquisition, technology and other growth initiatives instead of lifting the earnings-per-share range.

The same summary reports 9.40 percent foreign-exchange-adjusted spending growth in the second quarter and card-fee growth of 15.40 percent year over year. Those operating figures give the guidance change more substance because they connect the outlook to customer spending and fee income, not only to financial targets.

Next results set for October 23

American Express is scheduled to report third-quarter 2026 results on October 23, 2026, before the market opens, according to MarketBeat. The page lists consensus earnings per share of USD 4.53 and expected revenue of USD 20.11 billion for that quarter.

EUR 268.35 before the Xetra session

American Express was trading at EUR 268.35 at Lang & Schwarz on October 1, 2026 at 10:09 a.m. CEST, between a EUR 267.80 bid and a EUR 268.90 ask. The primary listing is NYSE:AXP, and the latest primary-market quote supplied for September 30, 2026 was USD 304.10 at 4:02 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of American Express stock.

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