American Express (NYSE:AXP) Shares Gap Down – Time to Sell?

American Express Company (NYSE:AXP)’s share price gapped down prior to trading on Friday . The stock had previously closed at $340.84, but opened at $326.12. American Express shares last traded at $320.9310, with a volume of 1,328,016 shares traded.

More American Express News

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

• Positive Sentiment: American Express beat Q2 EPS estimates with $4.53 per share and reported 10% year-over-year revenue growth, showing resilient demand from cardmembers. AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
• Positive Sentiment: The company raised its 2026 revenue growth forecast and guided full-year EPS to $17.30-$17.90, signaling confidence that premium card spending on travel and dining remains strong. American Express Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Management said cardmember spending stayed healthy, with strong travel and entertainment demand and continued strength among affluent customers, which supports revenue momentum. American Express Sales, Profit Rise on Higher Card Member Spending
• Neutral Sentiment: Analysts and market commentary suggest the stock reaction is being driven by an earnings-quality debate: investors liked the beat, but the market is questioning whether growth can continue while expenses rise. Why American Express Stock Fell 6.5% Friday Morning
• Negative Sentiment: Revenue came in below some Wall Street expectations, and reports highlighted softer net interest income and rising operating costs, which helped trigger selling despite the profit beat. American Express shares slip despite earnings beat as revenue falls short of forecasts

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AXP shares. Morgan Stanley raised American Express from a “positive” rating to an “overweight” rating in a research note on Monday, July 13th. Piper Sandler lowered shares of American Express from an “overweight” rating to a “hold” rating in a report on Monday, July 13th. BTIG Research upped their target price on shares of American Express from $285.00 to $324.00 and gave the stock a “sell” rating in a research note on Tuesday, June 30th. Jefferies Financial Group upgraded American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Finally, UBS Group boosted their price target on American Express from $340.00 to $386.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, American Express currently has a consensus rating of “Moderate Buy” and an average price target of $374.11.

American Express Stock Down 4.4%

The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $222.34 billion, a price-to-earnings ratio of 19.77, a P/E/G ratio of 1.31 and a beta of 1.04. The stock’s fifty day moving average price is $332.50 and its 200-day moving average price is $330.33.

American Express (NYSE:AXP) last announced 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 analysts’ expectations of $19.70 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts predict that American Express Company will post 17.68 earnings per share for the current fiscal year.

American Express Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is currently 23.71%.

Institutional Trading of American Express

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lantz Financial LLC grew its position in shares of American Express by 3.6% during the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after buying an additional 28 shares during the period. Invenio Wealth Partners LLC grew its holdings in American Express by 3.9% during the 3rd quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock worth $258,000 after acquiring an additional 29 shares during the period. Members Trust Co grew its holdings in American Express by 1.4% during the 4th quarter. Members Trust Co now owns 2,139 shares of the payment services company’s stock worth $791,000 after acquiring an additional 29 shares during the period. Gilliland Jeter Wealth Management LLC raised its position in shares of American Express by 4.8% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 633 shares of the payment services company’s stock valued at $234,000 after acquiring an additional 29 shares during the last quarter. Finally, Cornerstone Advisory LLC raised its position in shares of American Express by 2.9% during the 4th quarter. Cornerstone Advisory LLC now owns 1,017 shares of the payment services company’s stock valued at $376,000 after acquiring an additional 29 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

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.