Truist Financial Cuts American Express (NYSE:AXP) Price Target to $400.00

American Express (NYSE:AXP) had its target price trimmed by Truist Financial from $420.00 to $400.00 in a research note released on Monday, MarketBeat reports. The firm currently has a buy rating on the payment services company’s stock.

AXP has been the topic of several other research reports. TD Cowen reiterated a “hold” rating on shares of American Express in a research note on Thursday, January 8th. Evercore ISI set a $400.00 target price on American Express in a research note on Tuesday, January 6th. Wells Fargo & Company raised their price target on shares of American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. HSBC set a $295.00 price target on shares of American Express and gave the company a “hold” rating in a report on Friday, October 10th. Finally, Compass Point restated a “neutral” rating and issued a $324.00 target price on shares of American Express in a research note on Monday, October 20th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, American Express has a consensus rating of “Hold” and an average price target of $353.05.

American Express Trading Up 1.1%

NYSE AXP opened at $353.43 on Monday. The stock has a market cap of $243.46 billion, a P/E ratio of 22.96, a PEG ratio of 1.48 and a beta of 1.14. The company’s fifty day simple moving average is $368.85 and its 200-day simple moving average is $344.68. The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 1.68. American Express has a 52 week low of $220.43 and a 52 week high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The firm had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period last year, the firm earned $3.04 EPS. The business’s quarterly revenue was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts predict that American Express will post 15.33 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 2nd will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.28 annualized dividend and a dividend yield of 0.9%. American Express’s dividend payout ratio (DPR) is 21.31%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Valley Wealth Managers Inc. grew its stake in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after purchasing an additional 46 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in American Express during the second quarter worth approximately $26,000. Access Investment Management LLC acquired a new position in shares of American Express in the 2nd quarter worth $26,000. Joseph Group Capital Management purchased a new position in American Express in the 4th quarter worth about $26,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of American Express in the third quarter worth approximately $27,000. 84.33% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting American Express

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

• Positive Sentiment: Q4 showed double‑digit top‑ and bottom‑line growth and management set FY2026 EPS guidance well above current consensus, reinforcing the company’s earnings trajectory. 3 Things Every American Express Investor Needs to Know
• Positive Sentiment: Long-term bull case coverage highlights AMEX as a durable cash‑flow generator and “evergreen” holding for investors, supporting buy-and-hold sentiment. Could Buying American Express (AXP) Today Set You Up for Life?
• Positive Sentiment: Management is taking pricing and product actions — raising fees and tightening lounge access — to defend its premium positioning, which should help margins over time. American Express Raises Fees And Tightens Lounges To Defend Premium Edge
• Neutral Sentiment: Short interest and momentum checks show typical market activity; no evidence of a large, coordinated short squeeze or material trend reversal yet. American Express Company (NYSE:AXP) Short Interest Update
• Neutral Sentiment: Company is evaluating a move to 2 World Trade Center; this could raise longer‑term occupancy costs but is not an immediate earnings driver. American Express Weighs 2 World Trade Center Move And Long Term Costs
• Neutral Sentiment: Several outlets note mixed analyst views and stable momentum on the index level — sentiment among professional analysts is divided, which can increase intraday volatility. Analysts Conflicted on These Financial Names: Flagstar Financial (FLG) and American Express (AXP)
• Negative Sentiment: BTIG issued a “Sell” rating on AXP, adding immediate downward pressure from a respected institutional voice. American Express (NYSE:AXP) Earns “Sell” Rating from BTIG Research
• Negative Sentiment: JPMorgan published a pessimistic forecast for AXP’s stock price, which can influence other institutional and model-driven sellers. JPMorgan Chase & Co. Issues Pessimistic Forecast for American Express (NYSE:AXP) Stock Price
• Negative Sentiment: Truist cut its price target to $400, signaling more conservative upside expectations that could temper investor enthusiasm. Truist Financial Lowers American Express (NYSE:AXP) Price Target to $400.00

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.