American Express (NYSE:AXP) Given New $405.00 Price Target at Piper Sandler

Key Points

• Piper Sandler raised American Express’s price target to $405 from $396 and maintained an “overweight” rating, implying 18.71% upside from the prior close.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus rating and an average price target of $373.32, despite some analysts maintaining hold ratings.
• American Express reported quarterly EPS of $4.53, exceeding the $4.41 consensus estimate, while revenue rose 10% year over year; institutional investors own 84.33% of the stock.

American Express (NYSE:AXP) had its price objective lifted by investment analysts at Piper Sandler from $396.00 to $405.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the payment services company's stock. Piper Sandler's price target indicates a potential upside of 18.71% from the company's previous close.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley decreased their price target on shares of American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a research note on Monday, July 27th. Evercore set a $370.00 target price on shares of American Express in a report on Monday, July 27th. JPMorgan Chase & Co. raised shares of American Express from a "neutral" rating to an "overweight" rating and raised their target price for the company from $328.00 to $400.00 in a research report on Monday, July 13th. HSBC lifted their price target on shares of American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research note on Monday, July 13th. Finally, Freedom Capital upgraded shares of American Express from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Express currently has an average rating of "Moderate Buy" and an average target price of $373.32.

American Express Stock Up 0.1%

Shares of AXP traded up $0.37 during midday trading on Wednesday, hitting $341.18. The stock had a trading volume of 551,253 shares, compared to its average volume of 3,319,534. The firm has a market cap of $230.40 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. The company has a 50 day simple moving average of $339.21 and a two-hundred day simple moving average of $327.77. American Express has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company had revenue of $14.99 billion during the quarter, compared to analysts' expectations of $19.70 billion. During the same period in the prior year, the firm earned $4.08 earnings per share. American Express's revenue for the quarter was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts anticipate that American Express will post 17.67 EPS for the current year.

Institutional Investors Weigh In On American Express

A number of institutional investors and hedge funds have recently modified their holdings of AXP. BlackRock Inc. acquired a new position in shares of American Express in the second quarter valued at $14,208,662,000. Norges Bank bought a new stake in shares of American Express during the 4th quarter worth about $2,464,215,000. Bank of New York Mellon Corp bought a new stake in shares of American Express during the 2nd quarter worth about $1,263,787,000. Deutsche Bank AG acquired a new position in American Express in the 2nd quarter valued at about $927,950,000. Finally, Capital World Investors raised its holdings in American Express by 46.7% in the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company's stock valued at $2,780,424,000 after acquiring an additional 2,393,340 shares during the period. 84.33% of the stock is owned by institutional investors.

American Express News Summary

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

• Positive Sentiment: American Express remains potentially undervalued after a 120% five-year share-price gain. An Excess Returns valuation model indicates that AXP may still trade below intrinsic value, while its earnings multiples are broadly in line with the market. American Express Stock Still Looks Cheap After a 120% Five-Year Run
• Positive Sentiment: Amex Ventures invested in Fazeshift, an artificial-intelligence company expanding autonomous agents from accounts receivable into broader finance operations. The investment supports American Express’s fintech ecosystem and could provide strategic exposure to automation, although the near-term financial impact is likely limited. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
• Positive Sentiment: American Express is expanding premium lounges, hospitality, merchandise and transportation benefits for card members at the 2026 U.S. Open. The initiative reinforces Amex’s travel, dining and premium-card strategy, potentially supporting engagement and spending, though it is primarily a marketing development. American Express Unveils New Tennis Experiences
• Neutral Sentiment: An article highlighting Warren Buffett’s large unrealized gains in American Express discusses a proposed capital-gains tax plan, not a change to AXP’s operations or earnings outlook. The news may draw attention to Buffett’s long-term investment in the company but offers little direct stock catalyst. Could Trump’s Capital Gains Plan Affect Warren Buffett’s Tax Bill?
• Negative Sentiment: A report that billionaire Lord Sugar was denied a higher Amex credit limit is an isolated customer-service anecdote and does not indicate a broad deterioration in credit quality or demand. Still, it may create minor negative headlines. Billionaire Lord Sugar Denied Amex Credit Limit Increase

American Express Company Profile

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.

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