American Express (NYSE:AXP) Stock Picked Up by Analysts at BMO Capital Markets

Equities research analysts at BMO Capital Markets began coverage on shares of American Express (NYSE:AXP) in a note issued to investors on Thursday, MarketBeat reports. The firm set an “outperform” rating on the payment services company’s stock.

A number of other brokerages have also recently weighed in on AXP. Evercore set a $320.00 price objective on shares of American Express in a research note on Thursday, October 1st. Guggenheim initiated coverage on shares of American Express in a report on Monday, July 13th. They set a “buy” rating for the company. Citigroup dropped their price objective on American Express from $355.00 to $340.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. TD Cowen lowered their target price on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, Piper Sandler increased their price objective on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $364.52.

American Express Price Performance

NYSE AXP opened at $308.18 on Thursday. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a 50 day moving average price of $324.50 and a two-hundred day moving average price of $324.87. The stock has a market capitalization of $208.12 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08.

American Express (NYSE:AXP) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.12. The company had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts predict that American Express will post 17.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Archer Investment Corp bought a new stake in shares of American Express during the second quarter worth approximately $25,000. Lifetime Wealth Management P.C. acquired a new position in American Express in the fourth quarter valued at about $33,000. Elevation Wealth Partners LLC grew its position in shares of American Express by 78.8% during the 3rd 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 period. Cedar Mountain Advisors LLC increased its stake in shares of American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock valued at $32,000 after acquiring an additional 35 shares during the last quarter. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of American Express in the 2nd quarter valued at approximately $33,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about American Express

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

• Positive Sentiment: BMO initiated coverage with a $380 price target, while Royal Bank of Canada maintained an Outperform rating and lowered its target from $415 to $400. Analysts cited continued growth in American Express’s premium customer base and the company’s ability to sustain revenue and earnings expansion despite intensifying competition. American Express Has More Room to Run Despite Rising Competition, Analyst Says
• Positive Sentiment: American Express launched a new corporate platform and continues investing in business and merchant tools, including guidance on how companies can use artificial intelligence. These initiatives could support corporate spending and strengthen longer-term customer relationships. American Express Launches New Corporate Platform
• Neutral Sentiment: American Express is scheduled to report quarterly results on October 23. Investors will look for evidence that premium-card growth, spending trends and earnings guidance can offset the regulatory setback. The company previously reported earnings above expectations and maintained fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency and Federal Reserve fined American Express $350 million and issued regulatory orders over significant anti-money-laundering control failures. Regulators said inadequate resources, inexperienced personnel, weak training and internal-control gaps left approximately $13 billion in potentially suspicious activity insufficiently monitored or reported over nearly 11 years. The penalty creates a direct financial cost and raises concerns about compliance spending, reputational damage and potential additional oversight. OCC Assesses $350 Million Civil Money Penalty Against American Express

American Express Company Profile

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.