American Express (NYSE:AXP) Price Target Raised to $365.00

American Express (NYSE:AXP) had its target price raised by JPMorgan Chase & Co. from $360.00 to $365.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have an overweight rating on the payment services company’s stock.

AXP has been the subject of a number of other reports. President Capital increased their target price on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Morgan Stanley cut their target price on shares of American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a report on Monday, October 12th. Bank of America boosted their price target on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Evercore set a $320.00 price target on shares of American Express in a research note on Thursday, October 1st. Finally, Benchmark began coverage on shares of American Express in a research report on Monday, July 13th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $365.19.

American Express Price Performance

NYSE:AXP opened at $318.38 on Monday. The business’s 50-day moving average is $317.76 and its 200 day moving average is $326.90. American Express has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a market capitalization of $215.00 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.33 and a beta of 1.08. The company has a current ratio of 1.65, a quick ratio of 1.54 and a debt-to-equity ratio of 1.64.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $20.12 billion. During the same quarter last year, the business posted $4.14 EPS. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, equities research analysts forecast that American Express will post 17.73 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio is 21.40%.

Institutional Trading of American Express

Several institutional investors have recently added to or reduced their stakes in the company. Global Assets Advisory LLC increased its holdings in shares of American Express by 5.9% in the third quarter. Global Assets Advisory LLC now owns 2,955 shares of the payment services company’s stock valued at $897,000 after purchasing an additional 165 shares during the last quarter. Summit Global Investments boosted its stake in American Express by 76.7% during the third quarter. Summit Global Investments now owns 3,136 shares of the payment services company’s stock worth $954,000 after buying an additional 1,361 shares during the last quarter. Invera Wealth Advisors LLC boosted its stake in American Express by 9.8% during the third quarter. Invera Wealth Advisors LLC now owns 1,252 shares of the payment services company’s stock worth $381,000 after buying an additional 112 shares during the last quarter. MGO One Seven LLC grew its holdings in American Express by 1.6% in the 3rd quarter. MGO One Seven LLC now owns 19,691 shares of the payment services company’s stock valued at $5,988,000 after buying an additional 313 shares in the last quarter. Finally, Americana Partners LLC grew its holdings in American Express by 4.8% in the 3rd quarter. Americana Partners LLC now owns 25,145 shares of the payment services company’s stock valued at $7,647,000 after buying an additional 1,150 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

Key American Express News

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

• Positive Sentiment: American Express reported third-quarter adjusted EPS of $4.68, ahead of the $4.50 consensus estimate, while revenue increased 8.9% year over year to $20.06 billion. The company also maintained or raised its 2026 EPS outlook to $17.60–$17.90, supporting the investment case. Is AmEx Stock a Buy After Q3 Earnings Beat? Premium Appeal Shines
• Positive Sentiment: Analysts and investors continue to highlight AXP’s valuable brand, affluent customer base, strong cash flow and premium spending trends. Some commentary suggests the stock may be below fair value relative to its earnings power and returns on capital. American Express Stock Looks Below Fair Value On Earnings Strength
• Positive Sentiment: JPMorgan raised its price target for American Express, providing additional support for the stock following the earnings report. American Express Stock Gets Price Target Boost from JPMorgan Chase
• Neutral Sentiment: Analyst opinion remains mixed: Morgan Stanley assigned a Hold rating, while other coverage is more constructive. This limits the immediate bullish impact of the earnings beat. Morgan Stanley Issues a Hold Rating on American Express
• Negative Sentiment: Investors remain concerned about rising benefit and operating costs, softer commercial-card growth and the stock’s broader 2026 underperformance despite record earnings. American Express is also exposed to higher interest rates, falling asset prices and rising unemployment among high-income consumers. Reasons American Express Stock Is Having Its Worst Year Since 2015 Despite Record Earnings
• Negative Sentiment: The planned elimination of 3,500 jobs and $336 million restructuring charge to support artificial-intelligence integration could weigh on near-term results, even though management expects longer-term efficiency benefits. American Express to Cut 3,500 Jobs in Restructuring

American Express Company Profile

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.