American Express (NYSE:AXP) Price Target Raised to $405.00

American Express (NYSE:AXP) had its target price hoisted by Piper Sandler from $396.00 to $405.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the payment services company’s stock.

Other equities analysts also recently issued reports about the stock. UBS Group decreased their price objective on shares of American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Morgan Stanley cut their price target on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a report on Monday, July 27th. TD Cowen lifted their price target on shares of American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. Finally, HSBC lifted their target price on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, American Express currently has a consensus rating of “Moderate Buy” and an average price target of $373.32.

American Express Stock Performance

American Express stock opened at $342.27 on Wednesday. The firm has a market capitalization of $231.14 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 1.39 and a beta of 1.04. American Express has a 1-year low of $290.97 and a 1-year high of $387.49. The company’s 50-day moving average is $341.33 and its 200 day moving average is $327.58. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express will post 17.67 EPS for the current year.

American Express Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s dividend payout ratio is 23.06%.

Hedge Funds Weigh In On American Express

A number of institutional investors have recently modified their holdings of the company. Keybank National Association OH increased its holdings in shares of American Express by 3.0% during the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after purchasing an additional 10,495 shares during the period. Swiss Life Asset Management Ltd grew its position in American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after buying an additional 35,533 shares in the last quarter. Peapack Gladstone Financial Corp grew its position in American Express by 6.2% in the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock valued at $24,416,000 after buying an additional 3,855 shares in the last quarter. Thames Capital Management LLC increased its stake in American Express by 189.6% during the 4th quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company’s stock valued at $29,767,000 after buying an additional 52,679 shares during the period. Finally, Blue Capital Inc. bought a new stake in shares of American Express during the 4th quarter worth about $2,838,000. Institutional investors and hedge funds 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: Expanded virtual-card capabilities: AXP is making American Express Virtual Cards available through its @ Work platform for U.S. corporate customers. The products offer adjustable spending limits, enhanced fraud protection and easier expense management, potentially increasing commercial-payment volumes and customer retention. American Express expands virtual cards for US commercial customers
• Positive Sentiment: Premium travel ecosystem strengthened: American Express added 350 luxury hotels across 116 countries to the Platinum Card travel program. More curated booking options could improve the value proposition of its premium cards, support spending and help justify annual fees. American Express adds 350 luxury hotels to Platinum Card travel program
• Positive Sentiment: Evidence of loyalty-driven spending: United Airlines’ results highlighted how American Express perks can help capture premium travel spending, even without a United co-branded card. The example supports AXP’s broader strategy of using travel benefits and partnerships to attract affluent customers. Popular legacy airline captures premium spend because of American Express perks
• Positive Sentiment: Constructive analyst outlook: Piper Sandler forecast meaningful appreciation potential for AXP shares, providing a positive signal following the company’s recent earnings beat and continued revenue growth. Piper Sandler Forecasts Strong Price Appreciation for American Express Stock
• Neutral Sentiment: Capital structure update: AXP issued Series E preferred shares and announced full redemption of Series D preferred shares. The move may improve funding flexibility, but it also adds preferred financing obligations and has limited direct impact on common-share earnings. American Express Issues New Series E Preferred Shares
• Neutral Sentiment: Mixed analyst sentiment: Coverage of AXP showed differing views, suggesting valuation and expectations remain areas of debate despite the company’s strong operating trends. Analysts Have Conflicting Sentiments on American Express

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.