American Express
AXP

$245.89

2.38%

Market Cap: 175B

About: American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

Employees: 74,600

Financials Finance Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 31 analysts

0

News positive %

of 70 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

74% more first-time investments, than exits

New positions opened: 239 | Existing positions closed: 137

30% more funds holding in top 10

Funds holding in top 10: 57 [Q4 2023] → 74 (+17) [Q1 2024]

19% more capital invested

Capital invested by funds: $114B [Q4 2023] → $136B (+$21.8B) [Q1 2024]

5% more funds holding

Funds holding: 2,128 [Q4 2023] → 2,230 (+102) [Q1 2024]

4% less call options, than puts

Call options by funds: $2.54B | Put options by funds: $2.64B

1.13% less ownership

Funds ownership: 83.82% [Q4 2023] → 82.7% (-1.13%) [Q1 2024]

16% less repeat investments, than reductions

Existing positions increased: 735 | Existing positions reduced: 873

See Fund Rankings

Research analyst outlook

31 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$159

35%

downside

Avg. target

$241

2%

downside

High target

$285

16%

upside

31 analyst ratings

18 positive

58%

10 neutral

32%

3 negative

10%

Monness, Crespi, Hardt Gus Gala	8%upside $265	Buy Maintained	22 Jul 2024
B of A Securities Kenneth Bruce	7%upside $263	Buy Maintained	22 Jul 2024
RBC Capital Jon Arfstrom	9%upside $267	Outperform Maintained	22 Jul 2024
Compass Point David Rochester	6%upside $260	Neutral Initiated	16 Jul 2024
Jefferies John Hecht	4%downside $235	Hold Maintained	9 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 70 articles about AXP published over the past 30 days

3 Hot Fintech Stock Picks That Also Pay Dividends

The financial technology or fintech sector looks promising this year. Fintech companies use technology to offer money management solutions.

3 Hot Fintech Stock Picks That Also Pay Dividends

American Express® Updates U.S. Consumer Gold Card with New Benefits and Limited-Edition White Gold Card Design

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced it has refreshed the U.S. Consumer Gold Card with new credits for spending at U.S. Resy restaurants and Dunkin'®, an updated dining credit, and an expanded number of properties that Card Members can choose from when using the Card to book stays through The Hotel Collection. These are on top of the existing travel and everyday benefits that give Card Members access to more than $400 in annual value. New U.S. Consumer and U.S.

American Express® Updates U.S. Consumer Gold Card with New Benefits and Limited-Edition White Gold Card Design

The Motley Fool

Got $5,000? These 3 Growth Stocks Are Incredibly Cheap Buys Right Now

UnitedHealth faces multiple headwinds, but remains highly profitable and has plenty of opportunities. Amex has expanded significantly in recent years and looks like a steal of a deal compared to rivals.

Got $5,000? These 3 Growth Stocks Are Incredibly Cheap Buys Right Now

7 Dividend Growth Stocks to Buy Now: July 2024

Investing in the stock market results in solid long-term gains for many investors. While it's easy to panic during economic downturns, people who held onto their shares usually benefit.

7 Dividend Growth Stocks to Buy Now: July 2024

3 Unstoppable Stocks Set for Second-Half Success

As we enter the second half of the year, certain stocks look primed for success. Earnings season is underway and many well-known companies have outperformed, igniting a rally in their share price.

3 Unstoppable Stocks Set for Second-Half Success

Zacks Investment Research

Post AmEx (AXP) Q2 Earnings: Buy, Hold or Sell the Stock?

AmEx (AXP) continues to benefit from a loyal customer base. It is well-positioned to capture a higher market share and increase card acquisitions with higher marketing expenses.

Post AmEx (AXP) Q2 Earnings: Buy, Hold or Sell the Stock?

The Motley Fool

3 Warren Buffett Stocks to Buy Hand Over Fist

Warren Buffett's long-term investment strategy has yielded significant returns over nearly six decades. Buffett's portfolio concentrates on select companies, with Apple, Bank of America, and American Express as top holdings.

3 Warren Buffett Stocks to Buy Hand Over Fist

American Express Analysts Break Down Credit Trends, Future Revenue Surge

Goldman Sachs analyst Ryan M. Nash maintained American Express Co AXP with a Buy and raised the price target from $263 to $270.

American Express Analysts Break Down Credit Trends, Future Revenue Surge

CNBC Television

Underlying trends for Amex haven't changed, says Argus Research's Stephen Biggar on Amex Q2 earnings

Stephen Biggar, Argus Research director of financial institutions research, joins 'Closing Bell' to discuss American Express' second quarter earnings report.

Underlying trends for Amex haven't changed, says Argus Research's Stephen Biggar on Amex Q2 earnings

Zacks Investment Research

AmEx (AXP) Beats on Q2 Earnings Estimates, Ups '24 EPS View

AmEx (AXP) continues to anticipate revenues to increase between 9% and 11% in 2024 from the 2023 level of $60.5 billion.

AmEx (AXP) Beats on Q2 Earnings Estimates, Ups '24 EPS View

See News Rankings