Stock Price
P/E Ratio
Volume Traded Today
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American Express Co Market Cap
From what 28 stock analysts predict, the share price for American Express Co (AXP) might decrease by 4.03% in the next year. This is based on a 12-month average estimation for AXP. Price targets go from $210 to $325. The majority of stock analysts believe AXP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
AXP is a stock in Financial Services which has been forecasted to be worth $265.04 as an average. On the higher end, the forecast price is $325 USD by from and on the lower end AXP is forecasted to be $210 by Meng Jiao from Deutsche Bank.
These are the latest 20 analyst ratings of AXP.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Vincent Caintic BTIG | Sell | $230 | Downgrade | Oct 8, 2024 |
| Saul Martinez HSBC | Hold | Downgrade | Oct 8, 2024 | |
| Terry Ma Barclays | Equal-Weight | $250 | Maintains | Oct 8, 2024 |
| John Pancari Evercore ISI Group | In-Line | $290 | Maintains | Oct 7, 2024 |
| Richard Shane JP Morgan | Neutral | $286 | Downgrade | Oct 7, 2024 |
| Ryan Nash Goldman Sachs | Buy | $300 | Maintains | Oct 7, 2024 |
| Donald Fandetti Wells Fargo | Overweight | $300 | Maintains | Sep 30, 2024 |
| Kenneth Bruce B of A Securities | Neutral | $265 | Maintains | Sep 17, 2024 |
| Kenneth Bruce B of A Securities | Neutral | $263 | Downgrade | Aug 21, 2024 |
| Gus Gala Monness, Crespi, Hardt | Buy | $265 | Maintains | Jul 22, 2024 |
| Kenneth Bruce B of A Securities | Buy | $263 | Maintains | Jul 22, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $267 | Maintains | Jul 22, 2024 |
| David Rochester Compass Point | Neutral | $260 | Initiates | Jul 16, 2024 |
| Donald Fandetti Wells Fargo | Overweight | $285 | Maintains | Jul 9, 2024 |
| John Hecht Jefferies | Hold | $235 | Maintains | Jul 9, 2024 |
| Terry Ma Barclays | Equal-Weight | $223 | Maintains | Jul 9, 2024 |
| Richard Shane JP Morgan | Overweight | $268 | Maintains | Jul 8, 2024 |
| Sanjay Sakhrani Keefe, Bruyette & Woods | Outperform | $280 | Maintains | Jul 8, 2024 |
| Keith Horowitz Citigroup | Neutral | $250 | Initiates | Jun 10, 2024 |
| Vincent Caintic BTIG | Neutral | Initiates | Jun 7, 2024 |
When did it IPO
1972
Staff Count
74,600
Country
United States
Sector/Industry
Financial Services/Credit Services
CEO
Mr. Stephen Joseph Squeri
Market Cap
$192.28B
In 2023, AXP generated $60.36B in revenue, which was a increase of 14.85% from the previous year. This can be seen as a signal that AXP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 08 Oct 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - Wall Street expresses concern that American Express (AmEx) stock may have peaked after a strong performance.
Why It Matters - Concerns over AmEx's stock performance could signal a potential downturn, affecting investor sentiment and market positions related to the company.
Tue, 08 Oct 2024
Sentiment - NEGATIVE
Source - GuruFocus
Summary - American Express (AXP) closed down 1.53% at $269.59 following analyst downgrades from HSBC (buy to hold) and BTIG (neutral to sell).
Why It Matters - Analyst downgrades signal reduced confidence in American Express, potentially leading to further stock price declines and impacting investor sentiment and decision-making.
Mon, 07 Oct 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - The Investment Committee discussed Netflix, noting a competitive analysis between Piper Sandler and Barclays regarding the stock's outlook.
Why It Matters - The debate between Piper Sandler and Barclays over Netflix signals potential volatility in the stock, affecting investor sentiment and trading strategies.
Tue, 08 Oct 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - The Investment Committee is currently discussing the latest Calls Of The Day, indicating potential investment opportunities or recommendations.
Why It Matters - The Investment Committee's discussions on Calls Of The Day can signal potential investment opportunities or shifts in strategy, influencing market sentiment and stock performance.
Tue, 08 Oct 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - Eva Ados, ERShares chief investment strategist, appeared on 'Power Lunch' to discuss stock recommendations for three specific companies.
Why It Matters - Eva Ados' insights on stock plays can influence investor sentiment and decisions, potentially impacting stock performance and market trends.
Tue, 08 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - American Express reports 9% YoY revenue growth and 21% YoY EPS growth, driven by share repurchases. Loan portfolio up 11% YoY, with low charge-off rates amid rising interest rates.
Why It Matters - Strong revenue and EPS growth, alongside effective loan management and share buybacks, indicate American Express's financial health and commitment to shareholder returns, positively influencing investor sentiment.
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