American Express (NYSE:AXP) Price Target Raised to $387.00 at Bank of America

American Express (NYSE:AXP) had its price objective raised by equities researchers at Bank of America from $381.00 to $387.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the payment services company’s stock. Bank of America‘s target price suggests a potential upside of 21.50% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. BTIG Research cut their price target on American Express from $328.00 to $285.00 and set a “sell” rating for the company in a report on Monday, March 16th. Truist Financial lowered their target price on shares of American Express from $400.00 to $360.00 and set a “buy” rating for the company in a report on Monday, March 23rd. JPMorgan Chase & Co. reduced their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Evercore set a $393.00 target price on American Express in a report on Tuesday, February 10th. Finally, Weiss Ratings downgraded shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $361.05.

American Express Stock Performance

NYSE AXP opened at $318.51 on Friday. The stock has a market capitalization of $218.43 billion, a PE ratio of 20.70, a P/E/G ratio of 1.40 and a beta of 1.13. The business has a 50 day simple moving average of $314.12 and a two-hundred day simple moving average of $344.38. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. American Express has a 1-year low of $257.21 and a 1-year high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts predict that American Express will post 17.53 EPS for the current fiscal year.

Insider Activity

In related news, insider Howard Grosfield sold 8,134 shares of American Express stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares in the company, valued at $3,270,704.09. This trade represents a 46.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Denise Pickett sold 23,385 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the sale, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. The trade was a 75.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,944 shares of company stock worth $26,114,366. Insiders own 0.14% of the company’s stock.

Hedge Funds Weigh In On American Express

Institutional investors have recently made changes to their positions in the company. Gratus Wealth Advisors LLC increased its position in shares of American Express by 0.8% in the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after buying an additional 28 shares in the last quarter. Murphy & Mullick Capital Management Corp grew its stake in American Express by 10.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock valued at $105,000 after acquiring an additional 28 shares in the last quarter. Capital Asset Advisory Services LLC grew its stake in American Express by 2.4% during the 4th quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock valued at $465,000 after acquiring an additional 28 shares in the last quarter. Lantz Financial LLC grew its holdings in shares of American Express by 3.6% in the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after purchasing an additional 28 shares during the period. Finally, McGlone Suttner Wealth Management Inc. grew its holdings in shares of American Express by 1.0% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock valued at $967,000 after purchasing an additional 29 shares during the period. 84.33% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting American Express

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

• Positive Sentiment: Q1 beat on profit and spending. Reported EPS of $4.28 topped estimates and management cited the strongest card‑member spending growth in ~3 years, lifting revenue to roughly $18.9B — a clear near‑term earnings beat that supports the business’s premium customer momentum. Reuters: Amex beats profit estimates
• Positive Sentiment: Premium customer mix, partnerships and product pushes underpin growth. Management highlighted strength in travel/luxury categories, an expanding younger card base and strategic deals (including the new NFL global payments partnership) plus AI and product initiatives that should help revenue and fee growth. Benzinga: NFL deal & revenue growth PYMNTS: millennials & AI
• Neutral Sentiment: Long‑term investor backing provides confidence but limited near‑term impact. AXP remains a long‑held Berkshire/Holdings favorite, signaling durable brand and franchise value — useful for long‑term investors but not a catalyst for today’s price move. Yahoo: AXP longest‑held by Buffett
• Neutral Sentiment: Company reaffirmed FY outlook but guidance sits in a wide range. Management reiterated full‑year targets (EPS and revenue ranges), which are roughly in line with consensus but leave room for investor interpretation — neither a clear positive nor outright warning on its own. Yahoo: Amex reaffirms guidance
• Negative Sentiment: Cautious guidance and higher investment/expense plans weighed on the stock. Despite the beat, management signaled increased spending and a conservative EPS/revenue range that disappointed some investors, prompting an intraday selloff. ProactiveInvestors: cautious outlook & rising expenses
• Negative Sentiment: Geopolitical and macro concerns sapped sentiment. Re‑escalation in the Middle East and related inflation/flight‑risk worries made investors more risk‑averse, reducing enthusiasm for cyclical travel/consumer exposure even with positive company results. TheStreet: geopolitics and sentiment
• Negative Sentiment: Analyst moves have trimmed upside. Recent price‑target cuts and neutral/hold notes (e.g., broader macro caution reflected in JPMorgan’s earlier PT adjustment) tighten near‑term expectations for the stock. InsiderMonkey: JPMorgan PT cut

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.