Barclays cuts American Express stock target to USD 342

Published on 10/06/2026 at 11:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS lowered its target from USD 384 to USD 345 on October 5, 2026. American Express stock costs EUR 271.95 on October 6, 2026 versus EUR 271.00.

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American Express Company (ISIN US0258161092) was trading at EUR 271.95 at Lang & Schwarz on October 6, 2026 at 11:40 a.m. CEST, up 0.35 percent from the prior close of EUR 271.00. On October 5, 2026, Markets Insider reported that Barclays cut its American Express target from USD 364 to USD 342 while retaining an Equal Weight rating.

Analysts reset targets before results

The Barclays decision is part of a broader round of target reductions ahead of the third-quarter report. Markets Insider reported on October 5, 2026, that UBS lowered its target from USD 384 to USD 345 and retained a Neutral rating.

For investors, the comparison is important because both targets were reduced even as the latest reported quarter showed double-digit growth. The target changes point to a more cautious valuation stance rather than a reversal in the companys recent operating trend.

Second-quarter growth sets the benchmark

According to StockTitan, American Express reported second-quarter 2026 total revenues net of interest expense of USD 19.6 billion, up 10.00 percent from the same period a year earlier. Net income reached USD 3.1 billion, while diluted earnings per share rose 11.00 percent year over year to USD 4.53 from USD 4.08.

The same second-quarter 2026 filing summary says American Express raised its full-year 2026 revenue growth guidance to 10.00 percent. That combination of revenue growth, higher earnings per share and unchanged target pressure creates a clear test for the next results release: whether operating gains can support the valuation assigned by analysts.

Third-quarter results arrive October 23

American Express said on September 23, 2026, that it plans to release third-quarter 2026 financial results on October 23, 2026, at approximately 7:00 a.m. ET, followed by an earnings call at 8:30 a.m. ET. The scheduled release will give investors a new revenue, earnings and credit-quality checkpoint after the recent analyst revisions.

American Express stock holds above prior close

At Lang & Schwarz, American Express stock was trading at EUR 271.95 on October 6, 2026 at 11:40 a.m. CEST, plus 0.35 percent versus the prior close of EUR 271.00 on October 5, 2026. The primary NYSE quote was USD 304.01 as of October 5, 2026, with a 52-week range of USD 290.97 to USD 387.49 and a market capitalization of USD 205.3 billion.

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