American Express Company (NYSE:AXP) Receives $366.95 Consensus PT from Analysts

American Express Company (NYSE:AXP) has earned an average recommendation of “Hold” from the twenty-three brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $368.70.

A number of equities analysts recently commented on AXP shares. Barclays lifted their price target on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a report on Tuesday. The Goldman Sachs Group raised their price objective on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Royal Bank Of Canada set a $415.00 target price on American Express in a research note on Friday, April 10th. 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. Finally, BTIG Research lifted their price objective on shares of American Express from $285.00 to $324.00 and gave the stock a “sell” rating in a research report on Tuesday, June 30th.

American Express News Roundup

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

• Positive Sentiment: American Express is expanding AI across payments, including new tools and security features, which could improve customer experience, fraud prevention, and long-term growth prospects. Can AmEx’s AI Investments Unlock the Next Phase of Growth?
• Positive Sentiment: Bank of America raised its price target on AXP to $391 from $387 and kept a buy rating, signaling continued confidence in upside from current levels. American Express price target raised by Bank of America Corporation
• Positive Sentiment: Some recent commentary says the stock may be a bargain after its pullback this year, with upcoming second-quarter earnings viewed as a potential catalyst for a rebound. Is American Express Stock a Bargain?
• Neutral Sentiment: American Express also broke ground on its new global headquarters at 2 World Trade Center, a long-term strategic project that supports brand and operational growth but is not an immediate earnings driver. American Express Breaks Ground on New Headquarters at 2 World Trade Center
• Negative Sentiment: Recent articles note AXP has been under pressure this year and fell more sharply than the broader market in the latest session, reminding investors that sentiment is still somewhat fragile ahead of earnings. American Express (AXP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

American Express Stock Up 1.1%

AXP traded up $3.80 during trading on Monday, reaching $350.52. 2,791,983 shares of the stock were exchanged, compared to its average volume of 3,064,715. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The stock’s 50 day moving average price is $325.61 and its two-hundred day moving average price is $332.21. American Express has a twelve month low of $288.34 and a twelve month high of $387.49. The stock has a market cap of $239.17 billion, a P/E ratio of 21.87, a price-to-earnings-growth ratio of 1.43 and a beta of 1.04.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The company had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts expect that American Express will post 17.67 EPS for the current year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be paid a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. American Express’s dividend payout ratio is 23.71%.

Institutional Investors Weigh In On American Express

Several hedge funds have recently bought and sold shares of AXP. JFS Wealth Advisors LLC lifted its holdings in American Express by 9.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 2,143 shares of the payment services company’s stock worth $725,000 after purchasing an additional 178 shares during the last quarter. Tema ETFs LLC lifted its holdings in shares of American Express by 9.3% during the second quarter. Tema ETFs LLC now owns 10,234 shares of the payment services company’s stock worth $3,462,000 after buying an additional 870 shares in the last quarter. Canvas Wealth Advisors LLC boosted its position in shares of American Express by 43.7% in the second quarter. Canvas Wealth Advisors LLC now owns 1,604 shares of the payment services company’s stock valued at $543,000 after acquiring an additional 488 shares during the period. Handelsbanken Fonder AB grew its stake in shares of American Express by 19.3% in the second quarter. Handelsbanken Fonder AB now owns 244,766 shares of the payment services company’s stock valued at $82,792,000 after acquiring an additional 39,679 shares in the last quarter. Finally, Marquette Asset Management LLC increased its position in American Express by 429.2% during the second quarter. Marquette Asset Management LLC now owns 127 shares of the payment services company’s stock worth $43,000 after acquiring an additional 103 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

About American Express

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.