JPMorgan cuts target for American Express stock from USD 400 to USD 360

Published on 10/12/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan cut its target from USD 400.00 to USD 360.00 on October 12, 2026. American Express stock was at EUR 275.90 on October 12, 2026.

Key points in brief

JPMorgan cut its American Express price target from USD 400.00 to USD 360.00 on October 12, 2026.
American Express reported USD 14.99 billion in second-quarter 2026 revenue, up 10.00 percent year over year.
Second-quarter adjusted earnings per share reached USD 4.53, above the USD 4.41 consensus estimate.
Third-quarter 2026 results are scheduled for October 23, 2026, followed by a USD 0.95 per-share dividend payment on November 10, 2026.

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American Express (ISIN US0258161092) was trading at EUR 275.90 at Lang & Schwarz on October 12, 2026 at 12:29 p.m. CEST. JPMorgan cut its American Express price target from USD 400.00 to USD 360.00 on October 12, 2026, according to GuruFocus.

What does the target cut change?

The USD 40.00 reduction puts JPMorgan's new target below the earlier level while leaving the American Express stock reference price in euros. The adjustment gives the October 12 announcement a clear numerical marker, but the source does not connect the target change causally to the Lang & Schwarz quotation.

Second-quarter growth remains measurable

American Express generated USD 14.99 billion in revenue in the second quarter of 2026, up 10.00 percent from the same period a year earlier. Adjusted earnings per share reached USD 4.53, compared with a USD 4.41 consensus estimate, according to Yahoo Finance. Management also maintained fiscal 2026 earnings-per-share guidance of USD 17.30 to USD 17.90 in the transcript.

Three dates shape the setup

On July 24, 2026, American Express reported second-quarter adjusted earnings per share of USD 4.53 and 10.00 percent revenue growth, as documented by Yahoo Finance. On September 23, 2026, the company scheduled its third-quarter results and webcast for October 23, 2026, in an American Express release. On October 12, 2026, JPMorgan lowered its target from USD 400.00 to USD 360.00, according to GuruFocus.

Upcoming dates and market context

American Express is scheduled to discuss third-quarter 2026 results on October 23, 2026 at 8:30 a.m. ET, with the materials planned for release at approximately 7:00 a.m. ET, according to American Express. A separate filing summary says the company declared a USD 0.95 quarterly dividend with payment scheduled for November 10, 2026, according to MarketBeat.

EUR 275.90 at Lang & Schwarz

American Express was last at USD 308.17 on the NYSE on October 9, 2026 at 4:02 p.m. ET, while its 52-week range was USD 290.97 to USD 387.49. The company had a market capitalization of USD 208.1 billion as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of American Express stock.