American Express (NYSE:AXP) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

American Express (NYSE:AXP) had its price target cut by JPMorgan Chase & Co. from $400.00 to $360.00 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the payment services company’s stock.

Several other equities analysts have also weighed in on the company. Loop Capital cut their target price on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Barclays reduced their price target on American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. Truist Financial dropped their price objective on American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, September 23rd. Citigroup cut their price objective on American Express from $355.00 to $340.00 and set a “neutral” rating for the company in a report on Wednesday, September 30th. Finally, HSBC increased their price objective on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $365.63.

Get Our Latest Stock Report on AXP

American Express Stock Performance

Shares of NYSE:AXP opened at $306.57 on Monday. The stock has a market capitalization of $207.03 billion, a P/E ratio of 18.80, a P/E/G ratio of 1.34 and a beta of 1.08. American Express has a 1-year low of $290.97 and a 1-year high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The business has a 50-day moving average price of $322.25 and a two-hundred day moving average price of $325.22.

American Express (NYSE:AXP – Get Free Report) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $19.70 billion. During the same period in the prior year, the company posted $4.08 EPS. The company’s revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts predict that American Express will post 17.65 earnings per share for the current year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio is presently 23.06%.

Hedge Funds Weigh In On American Express

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Archer Investment Corp bought a new stake in American Express during the 2nd quarter valued at about $25,000. Lifetime Wealth Management P.C. purchased a new position in American Express in the fourth quarter worth about $33,000. Elevation Wealth Partners LLC raised its holdings in American Express by 78.8% in the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after buying an additional 41 shares during the last quarter. Cedar Mountain Advisors LLC lifted its stake in shares of American Express by 58.3% in the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after buying an additional 35 shares in the last quarter. Finally, Frazier Financial Advisors LLC bought a new position in shares of American Express in the second quarter worth approximately $33,000. Institutional investors own 84.33% of the company’s stock.

Trending Headlines about American Express

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

  • Positive Sentiment: American Express is developing an “Intent Intelligence” framework and “Proof of Intent” token to help ensure AI agents complete only authorized purchases. If adopted broadly, the technology could reduce fraud and disputes, support safer agentic commerce and increase payment volumes. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
  • Positive Sentiment: Analysts cited in recent coverage see a consensus price target of approximately $365.63, implying upside from recent trading levels. Other commentary highlights double-digit growth and a below-average valuation multiple, while the company has raised its full-year revenue outlook. American Express Consensus Target Price
  • Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The agreement may strengthen brand visibility and customer engagement, but its direct financial impact is likely limited. American Express Named Title Sponsor of Hong Kong Sail Grand Prix
  • Neutral Sentiment: Analyst views remain mixed: some see attractive growth at the current multiple, while others question whether the stock price fully reflects the returns generated by the business. This divergence could limit near-term momentum. Analysts Conflicted on American Express
  • Negative Sentiment: A reported $350 million AML fine is weighing on the investment case. The penalty raises concerns about compliance costs, regulatory oversight and potential reputational damage, and is a key reason investors may view AXP as below fair value despite its earnings growth. American Express Stock May Sit Below Fair Value as AML Fine Lands

About American Express

(Get Free Report)

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.

Further Reading

Analyst Recommendations for American Express (NYSE:AXP)

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