American Express stock: Morgan Stanley cuts target to USD 380.00

Published on 10/20/2026 at 16:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 10.00 percent year over year. American Express stock costs EUR 284.85 on October 20, 2026, plus 0.87 percent versus the Xetra close.

Analyst target reset

Morgan Stanley cut its American Express target from USD 382.00 to USD 380.00 on October 12, 2026.
Second-quarter 2026 revenue rose 10.00 percent year over year to USD 19.64 billion.
American Express stock costs EUR 284.85 at Lang & Schwarz on October 20, 2026 at 4:13 p.m. CEST, plus 0.87 percent versus the Xetra close of October 19, 2026.

Editorial-Aufnahme des Börsenparketts mit großen Bildschirmen und Finanzcharts — Editorial-Foto vom Börsenparkett mit Finanzcharts auf Bildschirmen, American Express Co. (US0258161092), Kreditkartenbranche Marktbild professionell, Illustration mit AI erstellt.

American Express (ISIN US0258161092) is trading at EUR 284.85 at Lang & Schwarz on October 20, 2026 at 4:13 p.m. CEST, plus 0.87 percent versus the Xetra close of October 19, 2026 at EUR 282.40. Yahoo Finance reported that Morgan Stanley cut its American Express target from USD 382.00 to USD 380.00 on October 12, 2026.

Target reset keeps attention on growth

The USD 2.00 reduction leaves Morgan Stanley's target below the USD 400.00 level cited in earlier American Express coverage. The change came as analysts continued to weigh premium card demand against the company's investment spending.

American Express delivered a stronger operating comparison in the second quarter of 2026. According to TickerScout, revenue net of interest expense increased 10.00 percent year over year to USD 19.64 billion, while net income rose 7.80 percent to USD 3.11 billion. Diluted earnings per share advanced 11.00 percent to USD 4.53 from USD 4.08.

Where the stock sits in the range

American Express stock remains below its 52-week high of USD 387.49 and above its 52-week low of USD 290.97, based on the October 20, 2026 market snapshot. The primary exchange is the NYSE, where the stock was last quoted at USD 320.83 on October 20, 2026 at 10:29 a.m. ET. Its market capitalization was USD 216.7 billion.

Valuation and reporting calendar

The stock's trailing price-to-earnings ratio was 19.43 on October 20, 2026. The second-quarter figures also included operating cash flow of USD 5.37 billion for the period ended June 30, 2026, giving investors a cash-flow measure alongside the earnings comparison.

American Express is a global payments and premium lifestyle company. Its three main divisions serve consumers, commercial customers, and merchants, while the NYSE listing and the USD quotation keep the home-market benchmark separate from the euro price used here.

Stock holds above the Xetra close

The euro quotation was EUR 2.45 above the Xetra close of EUR 282.40, a daily gain of 0.87 percent. The combination of a modest target reduction and double-digit second-quarter revenue growth leaves the next earnings update as the next major scheduled valuation test.

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