American Express (NYSE:AXP) Stock Price Target Cut by JPMorgan Chase & Co.

American Express (NYSE:AXP) had its target price decreased by JPMorgan Chase & Co. from $400.00 to $360.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the payment services company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 16.14% from the company’s previous close.

A number of other equities analysts have also commented on the stock. Piper Sandler raised their price objective on shares of American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Barclays decreased their target price on shares of American Express from $364.00 to $342.00 and set an “equal weight” rating on the stock in a report on Monday, October 5th. Benchmark assumed coverage on shares of American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. TD Cowen cut their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating for the company in a report on Tuesday, October 6th. Finally, President Capital boosted their price target on shares of American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $365.63.

American Express Stock Performance

Shares of AXP opened at $309.97 on Monday. The stock’s 50-day simple moving average is $323.10 and its 200 day simple moving average is $325.17. The stock has a market capitalization of $209.33 billion, a price-to-earnings ratio of 18.90, a price-to-earnings-growth ratio of 1.34 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express has a 52-week low of $290.97 and a 52-week high of $387.49.

American Express (NYSE:AXP) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express will post 17.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Salem Investment Counselors Inc. increased its position in shares of American Express by 11.6% in the third quarter. Salem Investment Counselors Inc. now owns 4,757 shares of the payment services company’s stock worth $1,555,000 after purchasing an additional 494 shares during the last quarter. Signal Advisors Wealth LLC raised its stake in American Express by 21.3% in the third quarter. Signal Advisors Wealth LLC now owns 1,171 shares of the payment services company’s stock valued at $356,000 after purchasing an additional 206 shares in the last quarter. Foster Group Inc. lifted its position in American Express by 1.6% during the third quarter. Foster Group Inc. now owns 27,002 shares of the payment services company’s stock valued at $8,338,000 after purchasing an additional 420 shares during the last quarter. Krilogy Financial LLC lifted its position in American Express by 37.3% during the third quarter. Krilogy Financial LLC now owns 8,805 shares of the payment services company’s stock valued at $2,678,000 after purchasing an additional 2,393 shares during the last quarter. Finally, Walker Asset Management LLC grew its stake in American Express by 4.3% in the 3rd quarter. Walker Asset Management LLC now owns 1,639 shares of the payment services company’s stock worth $498,000 after buying an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Key Stories Impacting American Express

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

• Positive Sentiment: JPMorgan maintained an Overweight rating and reduced its price target from $400 to $360, still implying roughly 16% upside from the referenced price. The company’s recent revenue-outlook increase and double-digit growth are also supporting the bullish valuation case. Analysts Conflicted on These Financial Names American Express Double-Digit Growth at a Below-Average Multiple
• Positive Sentiment: American Express published an “Intent Intelligence” framework intended to prevent AI shopping agents from making unauthorized purchases. The initiative could help reduce disputes and position Amex as a trusted payments provider as agentic commerce expands. American Express Intent Intelligence Framework
• Positive Sentiment: Some investment commentary sees the stock’s roughly 17% year-to-date decline as a potential buying opportunity, citing its premium-brand position, growth outlook and comparatively undemanding forward valuation. Is American Express a Good Finance Stock to Buy for 2027?
• Neutral Sentiment: Analyst opinion is mixed: some see attractive upside, while others remain cautious after the stock’s recent weakness. American Express is also scheduled to participate in upcoming investor conferences, which could provide additional detail on strategy and financial targets. American Express Investor Conferences
• Negative Sentiment: The OCC fined American Express National Bank $350 million and issued a cease-and-desist order over deficiencies in its Bank Secrecy Act and anti-money-laundering controls. Remediation costs, increased oversight and potential pressure on margins are the clearest near-term risks for AXP. American Express Fined by OCC Over AML Controls

About American Express

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.