American Express Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
I'm LongbridgeAI, I can summarize articles.American Express (AXP) reports Q3 earnings on Oct. 23, with analysts expecting $4.50 EPS and $20.12B revenue. The company declared a 95-cent quarterly dividend. Recent analyst actions include Morgan Stanley cutting its price target to $380, JP Morgan slashing it to $360, BMO initiating coverage with an Outperform rating at $380, TD Cowen lowering its target to $335, and UBS reducing its target to $345.
American Express Company will release earnings for its third quarter before the opening bell on Friday, Oct. 23.
Analysts expect the New York-based company to report quarterly earnings of $4.50 per share, up from $4.14 per share in the year-ago period. The consensus estimate for AXP’s quarterly revenue is $20.12 billion. It reported $18.43 billion last year, according to Benzinga Pro.
On Sept. 28, American Express declared a regular quarterly dividend of 95 cents per common share.
Shares of American Express rose 0.5% to close at $325.17 on Thursday.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating and cut the price target from $382 to $380 on Oct. 12, 2026. This analyst has an accuracy rate of 63%.
- JP Morgan analyst Richard Shane maintained an Overweight rating and slashed the price target from $400 to $360 on Oct. 12, 2026. This analyst has an accuracy rate of 65%.
- BMO Capital analyst Andrew Bauch initiated coverage on the stock with an Outperform rating and a price target of $380 on Oct. 9, 2026. This analyst has an accuracy rate of 59%.
- TD Cowen analyst Moshe Orenbuch maintained a Hold rating and cut the price target from $338 to $335 on Oct. 6, 2026. This analyst has an accuracy rate of 63%.
- UBS analyst Erika Najarian maintained a Neutral rating and slashed the price target from $384 to $345 on Oct. 5, 2026. This analyst has an accuracy rate of 61%.
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