American Express Stock Soars Above $320 Amid Strong Q2 Earnings

American Express stock continued its upward trend, closing at $324.19 on September 1, 2026, surpassing the $320 threshold.

The company's strong Q2 2026 results, including revenue growth and increased earnings per share, have supported its premium valuation.

American Express has also made strategic expansion moves, including a joint venture in Saudi Arabia announced in early September 2026.

Analysts remain bullish on the stock, with an average rating of Moderate Buy and a consensus target price of $373.32, implying a potential upside of around 15.2% from the current level.