American Express stock holds firm after Q2 revenue miss
Published on 08/19/2026 at 06:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American Express stock is supported by a second-quarter profile that showed $14.99 billion of revenue and $4.53 in EPS for the period ended June 30, 2026. The shares were last quoted at $338.59 on August 19, 2026, with a market value of $231.3 billion and a 52-week range of $290.97 to $387.49.
Q2 figures anchor the story
The latest quarter remains the key reference point: revenue rose 10.0% year over year, while EPS improved from $4.08 a year earlier to $4.53. Market summaries also show fiscal 2026 EPS guidance at $17.30 to $17.90, keeping the full-year outlook in view.
A broader read-through from market research highlighted the same setup: revenue missed consensus while earnings still topped estimates, a mix that leaves the valuation discussion tied to margin discipline and spending trends rather than one headline number alone.
Analysts stay constructive
Recent broker research showed Piper Sandler lifting its price target to $405 from $396 on August 12, 2026, while UBS trimmed its target to $384 from $386 on August 3, 2026. The spread matters because it puts the implied upside debate into a narrow band between the mid-$380s and $405.
Consensus views remain close to the market's current range, with one market summary listing a target of $375.86 and another showing a current quote of $338.33 on August 18, 2026. That gap is not large, but it is enough to keep attention on execution into the next reporting cycle.
Card spending and services
American Express continues to lean on its card network, premium spending base and fee-driven services. The July net write-off rate of 1.7% and total U.S. card balances of $159.2 billion add a consumer-credit backdrop to the earnings picture.
Stock setup
At $338.59, the shares sit below the 52-week high of $387.49 and above the 52-week low of $290.97 as of August 19, 2026. The combination of a $231.3 billion market value and a 10.0% year-over-year revenue gain in the June quarter keeps American Express in a valuation-versus-growth debate.
Fact box
Company: American Express Company
ISIN: US0258161092
Ticker: AXP
Exchange: NYSE
Price (as of August 19, 2026): $338.59 USD
Market cap: $231.3 billion
Sector / Industry: Financials / Consumer Finance
Index membership: S&P 500
Next earnings date: October 16, 2026
