American Express (NYSE:AXP) Price Target Raised to $387.00

American Express (NYSE:AXP) had its price objective lifted by analysts at Bank of America from $381.00 to $387.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the payment services company’s stock. Bank of America‘s target price would suggest a potential upside of 21.50% from the company’s previous close.

AXP has been the topic of a number of other reports. JPMorgan Chase & Co. dropped their price target on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Truist Financial dropped their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Morgan Stanley dropped their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Evercore set a $393.00 price target on American Express in a research note on Tuesday, February 10th. Finally, Credit Suisse Group set a $328.00 price target on American Express in a research note on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $361.05.

American Express Trading Down 4.3%

American Express stock opened at $318.51 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. American Express has a one year low of $257.21 and a one year high of $387.49. The stock has a market capitalization of $218.43 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.40 and a beta of 1.13. The business’s fifty day moving average is $314.12 and its 200 day moving average is $344.38.

American Express (NYSE:AXP) last released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. The company had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.American Express’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts predict that American Express will post 17.53 EPS for the current year.

Insider Activity

In other news, insider Denise Pickett sold 23,385 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the completion of the sale, the insider directly owned 7,754 shares of the company’s stock, valued at $2,767,480.14. This represents a 75.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Anna Marrs sold 27,425 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares of the company’s stock, valued at approximately $7,138,103.94. This trade represents a 57.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 73,944 shares of company stock valued at $26,114,366. 0.14% of the stock is currently owned by company insiders.

Institutional Trading of American Express

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Valley Wealth Managers Inc. grew its holdings in American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. Evolution Wealth Management Inc. grew its holdings in American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after buying an additional 66 shares in the last quarter. Joseph Group Capital Management purchased a new stake in American Express during the 4th quarter valued at approximately $26,000. Sfam LLC purchased a new stake in American Express during the 4th quarter valued at approximately $26,000. Finally, Manning & Napier Advisors LLC purchased a new stake in American Express during the 3rd quarter valued at approximately $27,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: Q1 beat on profit and spending. Reported EPS of $4.28 topped estimates and management cited the strongest card‑member spending growth in ~3 years, lifting revenue to roughly $18.9B — a clear near‑term earnings beat that supports the business’s premium customer momentum. Reuters: Amex beats profit estimates
• Positive Sentiment: Premium customer mix, partnerships and product pushes underpin growth. Management highlighted strength in travel/luxury categories, an expanding younger card base and strategic deals (including the new NFL global payments partnership) plus AI and product initiatives that should help revenue and fee growth. Benzinga: NFL deal & revenue growth PYMNTS: millennials & AI
• Neutral Sentiment: Long‑term investor backing provides confidence but limited near‑term impact. AXP remains a long‑held Berkshire/Holdings favorite, signaling durable brand and franchise value — useful for long‑term investors but not a catalyst for today’s price move. Yahoo: AXP longest‑held by Buffett
• Neutral Sentiment: Company reaffirmed FY outlook but guidance sits in a wide range. Management reiterated full‑year targets (EPS and revenue ranges), which are roughly in line with consensus but leave room for investor interpretation — neither a clear positive nor outright warning on its own. Yahoo: Amex reaffirms guidance
• Negative Sentiment: Cautious guidance and higher investment/expense plans weighed on the stock. Despite the beat, management signaled increased spending and a conservative EPS/revenue range that disappointed some investors, prompting an intraday selloff. ProactiveInvestors: cautious outlook & rising expenses
• Negative Sentiment: Geopolitical and macro concerns sapped sentiment. Re‑escalation in the Middle East and related inflation/flight‑risk worries made investors more risk‑averse, reducing enthusiasm for cyclical travel/consumer exposure even with positive company results. TheStreet: geopolitics and sentiment
• Negative Sentiment: Analyst moves have trimmed upside. Recent price‑target cuts and neutral/hold notes (e.g., broader macro caution reflected in JPMorgan’s earlier PT adjustment) tighten near‑term expectations for the stock. InsiderMonkey: JPMorgan PT cut

American Express Company Profile

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.