BTIG Research Cuts American Express (NYSE:AXP) Price Target to $315.00

American Express (NYSE:AXP) had its price objective lowered by BTIG Research from $324.00 to $315.00 in a research note published on Monday morning, MarketBeat reports. BTIG Research currently has a sell rating on the payment services company’s stock.

AXP has been the subject of several other research reports. DZ Bank upgraded American Express from a “hold” rating to a “buy” rating and set a $375.00 price target for the company in a report on Thursday, June 18th. HSBC upped their price target on shares of American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. TD Cowen raised their price target on American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. Wells Fargo & Company dropped their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Finally, Truist Financial upped their price objective on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Express currently has an average rating of “Moderate Buy” and a consensus target price of $372.95.

American Express Price Performance

AXP stock opened at $330.73 on Monday. American Express has a one year low of $288.34 and a one year high of $387.49. The company’s fifty day moving average price is $333.92 and its 200-day moving average price is $328.98. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.62 and a current ratio of 1.55. The company has a market capitalization of $223.35 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 1.36 and a beta of 1.04.

American Express (NYSE:AXP) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.12. The company had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. American Express’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts anticipate that American Express will post 17.66 EPS for the current fiscal year.

American Express Announces Dividend

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

Institutional Trading of American Express

A number of large investors have recently modified their holdings of the company. Evolution Wealth Management Inc. raised its position 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 purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management bought a new position in shares of American Express during the 4th quarter worth $26,000. Sfam LLC bought a new position in shares of American Express during the 4th quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of American Express during the fourth quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of American Express during the third quarter valued at $28,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

More American Express News

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

• Positive Sentiment: Jim Cramer characterized the post-earnings decline as a potential buying opportunity, pointing to American Express’ earnings beat, upgraded revenue guidance and continued business momentum. Jim Cramer says American Express’ post-earnings sell-off is a buying opportunity
• Positive Sentiment: American Express reported quarterly EPS of $4.53, above the $4.41 consensus, while revenue increased 10% year over year. Management’s full-year guidance and accelerating card spending support the outlook for continued fee and revenue growth. American Express lifts revenue guidance as card spending accelerates
• Positive Sentiment: KBW and Deutsche Bank maintained bullish views with Buy ratings, while valuation analysis from Yahoo Finance argued that AXP may still trade below its intrinsic value despite its strong long-term performance. American Express receives a Buy from KBW
• Neutral Sentiment: Analysts and financial comparisons present a mixed picture: American Express benefits from a premium customer base, strong returns and durable card-member retention, but its concentrated lending model carries more credit exposure than diversified financial companies such as Berkshire Hathaway. American Express versus Berkshire Hathaway
• Negative Sentiment: BTIG Research lowered its AXP price target to $315, and Jefferies retained a Hold rating. These cautious calls suggest limited near-term upside after the stock’s substantial multiyear gains and recent earnings-related volatility. BTIG lowers American Express price target
• Negative Sentiment: Investors remain concerned that premium valuation, potential changes in consumer credit quality and the possibility that growth expectations are already embedded in the share price could weigh on AXP, explaining the negative market reaction despite solid results. Bank of America versus American Express

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.