TD Cowen Forecasts Strong Price Appreciation for American Express (NYSE:AXP) Stock

American Express (NYSE:AXP) had its price target increased by analysts at TD Cowen from $330.00 to $338.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the payment services company’s stock. TD Cowen’s price objective points to a potential downside of 4.79% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. UBS Group raised their price target on American Express from $340.00 to $386.00 and gave the company a “neutral” rating in a report on Tuesday. 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 research note on Thursday, April 9th. JPMorgan Chase & Co. cut their target price on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Royal Bank Of Canada set a $415.00 target price on American Express in a research note on Friday, April 10th. Finally, Morgan Stanley lowered their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $368.50.

American Express Price Performance

Shares of NYSE AXP traded down $1.04 during midday trading on Tuesday, reaching $354.99. The stock had a trading volume of 163,433 shares, compared to its average volume of 3,390,582. The company has a market capitalization of $242.22 billion, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 1.45 and a beta of 1.04. American Express has a 12-month low of $288.34 and a 12-month high of $387.49. The stock has a 50-day moving average of $322.50 and a 200-day moving average of $332.93. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The company had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express will post 17.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after buying an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in American Express in the 2nd quarter worth approximately $428,000. Howland Capital Management LLC raised its holdings in shares of American Express by 4.2% during the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after acquiring an additional 90 shares in the last quarter. Finally, HUB Investment Partners LLC raised its holdings in shares of American Express by 19.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock worth $924,000 after acquiring an additional 481 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Key American Express News

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

• Positive Sentiment: UBS raised its price target on American Express to $386 from $340 while keeping a neutral rating, signaling more upside than it previously expected. UBS raises American Express price target
• Positive Sentiment: Barclays also lifted its price target to $364 from $322 and maintained an equal weight rating, adding to the broader bullish tone from Wall Street. Barclays issues positive forecast for American Express
• Positive Sentiment: Brokerage consensus remains favorable, with American Express continuing to carry a “Moderate Buy” recommendation overall. Consensus recommendation for American Express
• Positive Sentiment: Investor commentary has highlighted recent shareholder-friendly actions such as a higher dividend, a steady capital buffer, and Apple Pay redemption expansion, which support the long-term bull case for AXP. Amex capital return and Apple Pay push
• Neutral Sentiment: American Express also launched a Restaurant Academy with Resy and the NRAEF, a brand-building initiative that may help deepen merchant relationships but is not a near-term earnings driver. American Express launches Restaurant Academy
• Negative Sentiment: Not all commentary is upbeat: one fund letter cited American Express as a performance detractor due to AI disruption concerns, which could temper enthusiasm around the stock. Bretton Fund investor letter

About American Express

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.