Citigroup cuts target for American Express stock from USD 355.00 to USD 340.00

Published on 10/05/2026 at 09:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citigroup sees 11.58 percent upside on September 30, 2026. American Express stock costs EUR 270.35 on October 5, 2026 after EUR 268.55.

Isometrische 3D-Grafik einer Zahlungskette von Kreditkarte über Terminal zur Bank — Isometrische 3D-Illustration der Zahlungskette von Karte zu Bank, American Express Co. (US0258161092), Finanzdienstleistungsbranche Prozessdiagramm, Illustration mit AI erstellt.

American Express (ISIN US0258161092) was trading at EUR 270.35 at Lang & Schwarz on October 5, 2026 at 9:11 a.m. CEST, up 0.67 percent from the prior close of EUR 268.55. According to MarketBeat on September 30, 2026, Citigroup lowered its American Express price target from USD 355.00 to USD 340.00 and kept a neutral rating.

Citigroup lowers its valuation mark

The target reduction places the new USD 340.00 objective above the reported USD 304.70 share price cited by MarketBeat, implying 11.58 percent upside on that source basis. The change gives investors a concrete counterpoint to the broader analyst picture, where MarketBeat reported an average target of USD 369.81 and a Hold consensus on September 30, 2026.

American Express delivered a stronger earnings-per-share result than expected in the second quarter of 2026. StockTitan reported that total revenues net of interest expense reached USD 19.60 billion, up 10.00 percent year over year, while net income was USD 3.10 billion and diluted earnings per share rose 11.00 percent to USD 4.53 from USD 4.08 in the second quarter of 2025.

Credit metrics add a key test

Credit quality remains central to the payments model because card balances and delinquencies shape provisions for credit losses. In a September 15, 2026 filing summary, StockTitan reported USD 160.30 billion of combined U.S. Consumer and U.S. Small Business card balances at August 31, 2026, with consumer delinquencies at 1.10 percent and small-business delinquencies at 1.30 percent.

The figures show why the target cut and the earnings trend need to be read together. Revenue growth and USD 4.53 diluted earnings per share support operating momentum, while the credit portfolio remains large enough for changes in delinquency and write-offs to influence future results.

Results date gives the next marker

MarketScreener lists October 23, 2026 as the date for American Express to release third-quarter 2026 earnings. The scheduled report will give the market a fresh comparison for spending, revenue, credit costs and the full-year outlook.

American Express stock stays below its yearly high

The primary-market quote was last at USD 302.78 on the NYSE on October 2, 2026 at 4:00 p.m. ET. The 52-week range was USD 290.97 to USD 387.49, while market capitalization stood at USD 204.50 billion on the same date.

At Lang & Schwarz, American Express stock was trading at EUR 270.35 on October 5, 2026 at 9:11 a.m. CEST, plus 0.67 percent versus the Lang & Schwarz prior close of EUR 268.55.

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