JPMorgan raises target to USD 365 for American Express stock

Published on 10/27/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan raised its target to USD 365.00 on October 26, 2026. American Express stock costs EUR 284.05 on October 27, 2026.

Analyst response and earnings

JPMorgan raised its American Express target to USD 365.00 on October 26, 2026.
Third-quarter revenue reached USD 20.1 billion on September 30, 2026, up 9 percent year over year.
American Express stock traded at EUR 284.05 at 11:16 a.m. CEST at Lang & Schwarz on October 27, 2026.

American Express, US0258161092, Illustration mit AI erstellt.

JPMorgan raised its American Express target from USD 360.00 to USD 365.00 on October 26, 2026, according to Benzinga. The move followed American Express' third-quarter results and keeps the analyst focus on earnings growth rather than a new corporate transaction.

What changed after results?

American Express reported third-quarter revenue of USD 20.1 billion for the period ended September 30, 2026, up 9 percent from USD 18.4 billion a year earlier. Net income rose 28 percent to USD 3.7 billion from USD 2.9 billion, while diluted earnings per share increased 31 percent to USD 5.42 from USD 4.14, according to MarketScreener.

The quality of the quarter was mixed across the key measures. Adjusted earnings per share reached USD 4.68 against a USD 4.48 market estimate, but revenue of USD 20.062 billion came in below the USD 20.122 billion estimate, Benzinga reported on October 26, 2026.

Three dates reset the picture

On October 8, 2026, BMO Capital began coverage with a Buy rating and a USD 380.00 target, according to Business Insider. On October 23, 2026, the company reported third-quarter net income of USD 3.7 billion and raised its full-year 2026 GAAP earnings-per-share guidance to USD 18.30-18.60, according to MarketScreener. On October 26, 2026, JPMorgan raised its target to USD 365.00.

That sequence leaves a clear investor question: can American Express convert revenue growth into sustained earnings expansion while credit costs remain controlled? The third-quarter provision for credit losses fell to USD 1.0 billion from USD 1.3 billion a year earlier, while the net write-off rate declined to 1.8 percent from 1.9 percent, according to the company release carried by MarketScreener.

Stock trades after the earnings reset

American Express stock was trading at EUR 284.05 at 11:16 a.m. CEST at Lang & Schwarz on October 27, 2026. The company had USD 212.8 billion in market capitalization as of October 26, 2026, while its primary listing is on the NYSE.

The next major reference point is the full-year 2026 earnings outlook, which calls for GAAP diluted earnings per share of USD 18.30-18.60 and adjusted diluted earnings per share of USD 17.60-17.90. The range gives the raised analyst target a fundamental backdrop, but the revenue estimate miss shows why investors are separating spending growth from forecast delivery.

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