American Express stock gains on steady analyst support
📈 AXP shares closed at USD 311.39 on September 18, 2026, up 0.07% for the session.
💰 Q2 FY26 revenue reached USD 19.64 billion, a 10.0% increase year over year.
📊 EPS of USD 4.53 beat estimates by USD 0.12 in the second quarter of fiscal 2026.
🎯 MarketBeat consensus price target is USD 373.32, implying roughly 20% upside from current levels.
📉 Stock YTD return stands at minus 15.78% despite recent earnings beat and analyst support.
🏦 Piper Sandler raised its price target to USD 405 while maintaining an Overweight rating.
📅 The next earnings report is scheduled for release on October 23, 2026.
Bullish Signals
- American Express reported Q2 FY26 revenue of USD 19.64 billion, a significant 10.0% year-over-year increase.
- The company beat earnings per share estimates by USD 0.12, posting USD 4.53 in EPS for Q2 FY26.
- Analyst consensus remains Moderate Buy with an average price target of USD 373.32, indicating upside potential.
- Piper Sandler increased its price target to USD 405 and maintained an Overweight rating on the stock.
Risk Factors
- American Express shares have underperformed year-to-date with a return of minus 15.78% as of September 18, 2026.
- The current stock price of USD 311.39 is trading well below the upper end of its 52-week range of USD 387.49.
Full Analysis
American Express (AXP) shares closed at USD 311.39 on September 18, 2026, marking a slight gain of 0.07% for the session. The stock is currently trading below its consensus analyst price target of USD 373.32, with a high target of USD 415.00 from Piper Sandler and others suggesting potential upside.
Financial performance for Q2 FY26 was robust, with the company reporting revenue of USD 19.64 billion, representing a 10.0% year-over-year increase. Earnings per share reached USD 4.53, beating analyst estimates by USD 0.12, driven by strong underlying business growth.
Despite the positive operational results and steady analyst support, including a rating of Moderate Buy from MarketBeat with 24 analysts in coverage, the stock has underperformed year-to-date with a return of minus 15.78% as of September 18, 2026.
