American Express (NYSE:AXP) Given New $400.00 Price Target at Truist Financial

American Express (NYSE:AXP) had its price objective lowered by Truist Financial from $420.00 to $400.00 in a research note released on Monday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the payment services company’s stock.

A number of other equities analysts also recently commented on AXP. UBS Group set a $385.00 price objective on shares of American Express in a research note on Monday, January 12th. Weiss Ratings upgraded American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Wells Fargo & Company upped their price objective on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Compass Point reaffirmed a “neutral” rating and set a $324.00 price objective on shares of American Express in a research report on Monday, October 20th. Finally, Credit Suisse Group set a $328.00 target price on shares of American Express in a report on Monday, January 12th. Nine research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, American Express presently has an average rating of “Hold” and an average target price of $352.59.

American Express Stock Performance

AXP stock opened at $352.95 on Monday. American Express has a 1-year low of $220.43 and a 1-year high of $387.49. The business has a 50-day moving average price of $369.32 and a 200 day moving average price of $344.32. The company has a market capitalization of $243.13 billion, a P/E ratio of 22.93, a PEG ratio of 1.48 and a beta of 1.15. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.68 and a quick ratio of 1.66.

American Express (NYSE:AXP) last posted its earnings results on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The business had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period last year, the business posted $3.04 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts forecast that American Express will post 15.33 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be paid a $0.82 dividend. The ex-dividend date is Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. American Express’s dividend payout ratio (DPR) is 21.31%.

Institutional Investors Weigh In On American Express

Large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in American Express by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 46,425,262 shares of the payment services company’s stock worth $14,808,730,000 after purchasing an additional 581,369 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of American Express by 11.1% during the second quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company’s stock worth $4,282,984,000 after buying an additional 1,349,746 shares during the period. Fisher Asset Management LLC grew its holdings in shares of American Express by 1.7% during the third quarter. Fisher Asset Management LLC now owns 8,881,546 shares of the payment services company’s stock valued at $2,950,095,000 after buying an additional 146,586 shares during the last quarter. Norges Bank acquired a new position in shares of American Express in the 2nd quarter valued at $1,897,335,000. Finally, Capital World Investors increased its position in shares of American Express by 0.5% in the 3rd quarter. Capital World Investors now owns 5,122,335 shares of the payment services company’s stock valued at $1,701,435,000 after acquiring an additional 24,297 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: Truist trimmed its price target from $420 to $400 but kept a “buy” rating, signaling continued conviction in AmEx’s long-term earnings power and implying meaningful upside from current levels. Truist lowers AXP target but keeps buy
• Positive Sentiment: Analysis published by Kalkine notes AXP’s momentum appears stable on the NYSE Composite, which supports near-term resilience in the stock amid mixed headlines. Momentum looks stable
• Neutral Sentiment: JPMorgan lowered its price target from $385 to $375 and moved to a “neutral” rating — a modest pullback in upside expectations but not a dimming of the company’s core outlook. JPMorgan lowers AXP target
• Neutral Sentiment: A Benzinga piece summarizing analyst expectations outlines mixed views on AmEx’s medium-term growth drivers and consensus estimates; this keeps the stock sensitive to upcoming metric beats/misses (new accounts, spend trends). Analyst expectations for AXP
• Negative Sentiment: Benzinga reports that new card sign-ups have softened and an analyst reiterated a “sell” rating with a $328 target, citing weakening customer-acquisition momentum — a direct growth concern that pressured the stock. New card sign-ups losing steam
• Negative Sentiment: BTIG reaffirmed its “sell” stance with a $328 price target, reinforcing downside risk in some brokers’ view if growth/slowing account trends persist. BTIG reaffirms sell
• Negative Sentiment: Yahoo reports AmEx is weighing a move to 2 World Trade Center, which could increase long-term occupancy costs and signal higher fixed expenses; investors may view this as a potential near-term headwind to margins. 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.