JPMorgan cuts target for American Express stock to USD 360.00
Published on 10/21/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAmerican Express events and valuation
- On October 12, 2026, JPMorgan kept an Overweight rating while cutting its target from USD 400.00 to USD 360.00.
- Second-quarter 2026 revenue was USD 14.99 billion, and diluted EPS was USD 4.53.
- American Express stock trades at EUR 284.30 at 11:00 a.m. CEST at Lang & Schwarz on October 21, 2026.
- American Express is scheduled to release third-quarter 2026 results on October 23, 2026.
American Express (ISIN US0258161092) stock was trading at EUR 284.30 at Lang & Schwarz on October 21, 2026 at 11:00 a.m. CEST. MarketBeat reported on October 12, 2026, that JPMorgan cut its American Express price target from USD 400.00 to USD 360.00 while keeping an Overweight rating.
Target cut sharpens earnings test
The lower target arrives before American Express releases third-quarter results. The company scheduled the publication for October 23, 2026, at about 7:00 a.m. ET, followed by an 8:30 a.m. ET conference call, according to American Express on September 23, 2026.
That report will test whether growth can offset the concerns behind recent target cuts. In the second quarter of 2026, American Express generated USD 14.99 billion in revenue and diluted earnings per share of USD 4.53, according to MarketBeat. The same source said revenue increased 10.00 percent year over year and earnings per share exceeded the USD 4.41 consensus estimate by USD 0.12.
Three dated moves frame stock
On July 24, 2026, second-quarter revenue reached USD 14.99 billion and earnings per share came to USD 4.53, versus USD 4.41 expected, according to MarketBeat. On October 9, 2026, BMO Capital Markets began coverage with an Outperform rating and a USD 380.00 target, as CNBC reported. On October 12, 2026, JPMorgan cut its target from USD 400.00 to USD 360.00 while retaining Overweight, according to MarketBeat.
When are the next numbers due?
The next scheduled catalyst is the third-quarter report on October 23, 2026. The quarterly dividend of USD 0.95 per share is scheduled for payment on November 10, 2026, according to MarketBeat. The result will give investors a fresh comparison point for revenue growth, earnings and management's full-year outlook.
Euro quote before results
American Express was trading at EUR 284.30 at Lang & Schwarz on October 21, 2026 at 11:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of American Express stock.
American Express stock facts
- Company: American Express Company
- ISIN: US0258161092
- Ticker: AXP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 11:00 a.m. CEST): EUR 284.30
- Market capitalization: USD 215.0 billion (as of October 20, 2026)
- Sector / Industry: Financial services / payments and credit cards
- Next earnings date: October 23, 2026
Market context: Market report S&P 500.
