TD Cowen Issues Pessimistic Forecast for American Express (NYSE:AXP) Stock Price

American Express (NYSE:AXP) had its target price dropped by research analysts at TD Cowen from $338.00 to $335.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “hold” rating on the payment services company’s stock. TD Cowen’s target price would indicate a potential upside of 10.22% from the stock’s current price.

A number of other equities research analysts also recently weighed in on AXP. Morgan Stanley decreased their target price on American Express from $385.00 to $382.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Royal Bank Of Canada cut American Express from a “moderate buy” rating to a “hold” rating in a report on Monday, July 13th. Truist Financial reduced their price objective on American Express from $375.00 to $370.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective on the stock in a report on Thursday, June 18th. Finally, President Capital boosted their price objective on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $364.50.

American Express Price Performance

Shares of American Express stock opened at $303.93 on Tuesday. 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 has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a fifty day moving average price of $325.66 and a two-hundred day moving average price of $324.90. The company has a market cap of $205.24 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08.

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

Institutional Investors Weigh In On American Express

Several large investors have recently modified their holdings of the stock. Archer Investment Corp acquired a new stake in American Express in the 2nd quarter valued at $25,000. Elevation Wealth Partners LLC raised its stake in American Express by 78.8% during the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after acquiring an additional 41 shares in the last quarter. Frazier Financial Advisors LLC lifted its holdings in shares of American Express by 66.7% during the first quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock valued at $30,000 after acquiring an additional 40 shares during the period. Evolution Wealth Management Inc. boosted its stake in shares of American Express by 58.2% in the 1st quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 39 shares in the last quarter. Finally, Whipplewood Advisors LLC boosted its stake in shares of American Express by 2,550.0% in the 1st quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 102 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express launched a Corporate Cashback platform combining new corporate cards, expense-management software, and AI-powered spending controls. The company also said its cards are accepted at more than 190 million locations worldwide, supporting potential growth in business payments and international spending. American Express Rolls Out Corporate Cashback Platform
• Positive Sentiment: American Express published guidance for merchants preparing for agentic commerce, including measures intended to improve payment reliability and customer trust. Its willingness to compensate merchants when autonomous-agent transactions fail could help accelerate adoption, although it may also create some financial and operational costs. American Express Agentic Commerce Playbook
• Positive Sentiment: Investors are highlighting American Express’s dividend and income potential. Shares purchased by October 9 are expected to qualify for the company’s November 10 dividend, which may support near-term interest from income-focused investors. American Express Dividend Article
• Neutral Sentiment: Analysts expect high single-digit bottom-line growth when American Express reports third-quarter results later this month. The earnings release could provide a clearer catalyst, particularly regarding spending trends, credit performance, and full-year guidance. American Express Earnings Preview
• Neutral Sentiment: UBS maintained a Hold rating, while American Express promoted card-member experiences through its Hong Kong Wine & Dine Festival sponsorship. These developments reinforce the brand but are unlikely to materially affect near-term earnings. UBS Maintains Hold Rating
• Negative Sentiment: TD Cowen lowered its price target from $338 to $335 and retained a Hold rating, signaling limited conviction in near-term upside despite the target remaining above the current trading level. TD Cowen Lowers American Express Price Target

About American Express

American Express Company (NYSE: AXP) is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.