American Express Stock Steady Amid July Credit Trends and Analyst Support
American Express stock prices have remained steady in the mid-$330s as of August 17, 2026, despite a modest pullback from recent levels. Investors are currently weighing updated July credit trends and a broadly supportive analyst view.
Recent regulatory filings summarized July card performance, showing that U.S. consumer services card loan delinquencies stood at 1.1% in July 2026. This highlights that portfolio quality remains contained despite higher rates.
A July 2026 credit update also cited a long-run annualized card return of 13.72% over 15 years, underlining how the business has historically generated attractive risk-adjusted returns.
The GF Value model estimates American Express stock to be at $339.82, only 0.4% above its current price of $338.56 on August 17, 2026. This suggests that the shares trade close to fair value with limited valuation gap to that metric.
A major U.S. bank recently reaffirmed a buy stance with a price target of $385 after reviewing July operating data. They argued that stable credit loss rates and gradually improving delinquency trends support the company's growth outlook.