Barclays Keeps Hold Rating on American Express Ahead of Earnings

American Express (AXP) saw its stock rise 0.28% to USD 303.62 on the NYSE on October 5, 2026. Barclays reaffirmed a Hold rating with a USD 342 price target, emphasizing the importance of the upcoming earnings report. The company's Q2 2026 earnings showed a diluted EPS of USD 4.53, surpassing estimates by USD 0.12 and marking a significant improvement from the previous year's USD 4.08. Revenue for the quarter reached USD 19.64 billion, a 10% increase year-over-year, while fiscal 2026 EPS guidance remained at USD 17.30-17.90.

The consensus among 30 analysts is a Hold rating, with an average 12-month target of USD 366.96. Barclays' target, though below the average, remains above the current trading price. Evercore ISI also adjusted its target to USD 320 from USD 370 while maintaining an In Line rating, adding another layer of analysis ahead of the October 23 earnings report.

American Express stock has traded within a 52-week range of USD 290.97 to USD 387.49, with a market capitalization of USD 205.0 billion as of October 5. The company's next key dates include the Q3 2026 earnings report on October 23, the ex-dividend date on October 9, and the dividend payment on November 10.