JPMorgan Chase & Co. Issues Pessimistic Forecast for American Express (NYSE:AXP) Stock Price

American Express (NYSE:AXP) had its target price lowered by equities research analysts at JPMorgan Chase & Co. from $385.00 to $375.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the payment services company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 7.17% from the stock’s previous close.

A number of other equities analysts have also recently commented on the stock. Wolfe Research began coverage on shares of American Express in a research report on Monday, December 8th. They set a “peer perform” rating for the company. TD Cowen reaffirmed a “hold” rating on shares of American Express in a report on Thursday, January 8th. Evercore ISI set a $400.00 price target on shares of American Express in a report on Tuesday, January 6th. Morgan Stanley set a $395.00 price objective on shares of American Express in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company boosted their price objective on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $352.59.

American Express Trading Down 0.8%

American Express stock opened at $349.90 on Monday. The stock has a 50-day simple moving average of $369.07 and a 200 day simple moving average of $344.61. The stock has a market capitalization of $241.03 billion, a P/E ratio of 22.74, a PEG ratio of 1.48 and a beta of 1.14. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.66 and a current ratio of 1.68. American Express has a 52 week low of $220.43 and a 52 week high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). The business had revenue of ($17,139.00) million during the quarter, compared to analyst estimates of $18.91 billion. American Express had a net margin of 15.00% and a return on equity of 33.49%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express will post 15.33 earnings per share for the current year.

Institutional Investors Weigh In On American Express

Several institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB grew its stake in American Express by 2.2% in the 2nd quarter. Nordea Investment Management AB now owns 2,267,377 shares of the payment services company’s stock worth $721,525,000 after buying an additional 49,593 shares in the last quarter. ZEGA Investments LLC purchased a new stake in shares of American Express during the 3rd quarter valued at $1,080,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of American Express by 0.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company’s stock worth $531,038,000 after acquiring an additional 4,080 shares during the last quarter. Dempze Nancy E grew its position in American Express by 210.2% in the second quarter. Dempze Nancy E now owns 3,459 shares of the payment services company’s stock worth $1,103,000 after acquiring an additional 2,344 shares in the last quarter. Finally, Reliant Investment Management LLC increased its stake in American Express by 1.9% in the second quarter. Reliant Investment Management LLC now owns 26,189 shares of the payment services company’s stock valued at $8,354,000 after acquiring an additional 480 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

More American Express News

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

• Positive Sentiment: Truist cut its price target from $420 to $400 but kept a Buy rating, signaling continued conviction in AXP’s long‑term premium franchise. Truist Lowers PT to $400, Keeps Buy
• Positive Sentiment: Coverage noting that AXP helps broaden payment reach on major indexes and that momentum appears stable supports the view that the core merchant and premium-card businesses remain resilient. Does American Express Strengthen Dow Jones Payment Reach
• Neutral Sentiment: JPMorgan trimmed its target to $375 and moved to Neutral, reflecting more cautious near-term expectations but not a full sell signal.
• Neutral Sentiment: Coverage highlighting analyst disagreement (TipRanks) and published analyst-expectation pieces underline mixed market sentiment rather than a single consensus view. Analysts Conflicted on These Financial Names
• Negative Sentiment: A Benzinga report flagged that new card sign‑ups have slowed and maintained a Sell view, a direct growth concern for AXP’s future customer acquisition and spending trends. American Express Stumbles As New Card Sign‑Ups Lose Steam
• Negative Sentiment: BTIG reaffirmed a Sell rating with a $328 target, and other firms have trimmed targets — these analyst pressures create near‑term downside risk to the share price.
• Negative Sentiment: Operational/cost scrutiny: reporting that AXP is weighing a move to 2 World Trade Center and the associated long‑term costs adds investor focus on expense and capital allocation. American Express Weighs 2 World Trade Center Move

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.