What Are Wall Street Analysts' Target Price for American Express Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
0mins
Source: NASDAQ.COM
Company Performance: American Express (AXP) has significantly outperformed the market with an 89.8% stock increase over the past year, driven by strong card member spending and record revenue growth, despite a slight dip following Q3 earnings that fell short of estimates.
Analyst Ratings: AXP holds a "Moderate Buy" consensus rating from analysts, with mixed earnings surprise history; recent price targets suggest potential upside, although bullish sentiment has decreased compared to three months ago.
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Analyst Views on AXP
Wall Street analysts forecast AXP stock price to rise
21 Analyst Rating
8 Buy
12 Hold
1 Sell
Moderate Buy
Current: 309.700
Low
280.00
Averages
379.06
High
425.00
Current: 309.700
Low
280.00
Averages
379.06
High
425.00
About AXP
American Express Company is a global payments and premium lifestyle brand powered by technology. Its card-issuing, merchant-acquiring and card network businesses offer products and services to a broad range of customers, including consumers, small businesses, mid-sized companies and large corporations around the world. Its range of products and services includes credit and charge cards and complementary products and services, including travel, dining, lifestyle and expense management products and services; banking and other payment and financing products and services, including deposits and non-card lending; merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, and network services. These products and services are offered through various channels, including mobile and online applications, affiliate marketing, customer referral programs, third-party service providers, and business partners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
American Express Shows Strong Growth, Attracts Younger Consumers
- Significant Performance Growth: American Express has achieved a total return of 467% over the past decade, and despite its current stock price being 20% below last December's peak, it still significantly outperforms the S&P 500's 327% return, indicating strong market performance and investment appeal.
- Revenue and Profit Increase: By Q1 2026, the company is expected to see an annual revenue growth of 8.9% and diluted earnings per share growth of 11.4%, providing robust fundamentals that support stock price appreciation and attract long-term investors.
- Attraction of Younger Consumers: American Express has successfully attracted younger consumers, with the CEO noting that millennials' spending power is expected to increase over time, further driving revenue growth and showcasing the brand's long-term value and market potential.
- Reasonable Valuation: Currently, American Express's price-to-earnings ratio stands at 19.3, down 20% from early 2026, offering investors a reasonable entry point, despite facing macroeconomic risks and competitive pressures, its leadership in the premium credit card market remains strong.
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American Express Achieves 467% Return Over Decade
- Decade Return: As of May 20, American Express shares have generated a total return of 467% over the past decade, transforming an initial investment of $10,000 into $56,700, demonstrating its strong compounding ability, even though the stock is currently 20% off its peak from last December.
- Strong Financial Performance: Between Q1 2016 and Q1 2026, the company's revenue grew at an annualized rate of 8.9%, while diluted earnings per share increased at an impressive annual rate of 11.4%, providing robust support for stock price appreciation and reflecting its superior position in the financial services sector.
- Attraction of Younger Consumers: American Express has successfully attracted younger consumers, with CEO Stephen Squeri noting that millennials capture a high share of their wallet early on, which translates into increased spending over time, thereby driving future revenue growth for the company.
- Reasonable Valuation: Despite ongoing macro risks related to credit quality and competitive threats, American Express's current P/E ratio of 19.3 is 20% cheaper than at the start of 2026, presenting a reasonable entry point for investors and highlighting its value as a high-quality business.
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- Apple's Strong Performance: In the fiscal second quarter of 2026, Apple reported a 21% year-over-year increase in iPhone sales, while its high-margin services segment grew by 17%, demonstrating its sustained competitiveness in the smartphone market and customer loyalty, thereby creating long-term wealth for shareholders.
- Coca-Cola's Resilience: As Buffett's favorite stock, Coca-Cola achieved a 12% year-over-year growth and a 19% increase in operating income in the first quarter of 2026, showcasing its strong market adaptability through pricing power and localized production to successfully navigate high inflation.
- American Express's Unique Advantages: American Express differentiates itself with its closed-loop model and membership targeting affluent clients, ensuring diverse revenue streams; under Buffett's leadership, the company has maintained its long-term investment in Amex, highlighting its stability and growth potential in the financial services sector.
- Attractive Dividend Yields: All three companies offer stable dividends, with Coca-Cola's yield at 2.5% and American Express at 1.09%, making them significantly appealing to long-term investors seeking reliable income streams.
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Buffett's Three Favorite Stocks Worth Holding Forever
- Apple's Ecosystem: Apple's iPhone sales surged 21% year-over-year in Q2 2026, while its high-margin services segment grew by 17%, indicating strong customer loyalty and recurring revenue streams, solidifying its status as a 'forever' stock.
- Coca-Cola's Resilience: Coca-Cola achieved a 12% year-over-year increase and a 19% rise in operating income in Q1 2026, showcasing its pricing power and product adaptability in a high-inflation environment, reinforcing its status as a 'Dividend King' with a 64-year streak of dividend increases.
- American Express's Unique Model: American Express differentiates itself with a closed-loop model and membership system targeting affluent clients, ensuring revenue stability across economic conditions, while its growing dividend and strong brand loyalty position it as a premium blue-chip stock for long-term investment.
- Buffett's Investment Philosophy: Buffett's admiration for Apple, Coca-Cola, and American Express reflects his focus on excellent management, strong cash positions, and durable competitive advantages, making these stocks valuable for long-term investment.
See More
Warren Buffett's Three Favorite Stocks Worth Holding Forever
- Apple's Sustained Growth: In the fiscal second quarter of 2026, Apple reported a 21% year-over-year increase in iPhone sales and a 17% rise in its high-margin services segment, demonstrating strong market demand and customer loyalty, thereby creating long-term wealth for shareholders.
- Coca-Cola's Resilience: Coca-Cola achieved a 12% year-over-year growth and a 19% increase in operating income in the first quarter of 2026, successfully navigating high inflation through pricing power and localized production, showcasing its stability as a 'Dividend King'.
- American Express's Unique Advantages: American Express differentiates itself with its closed-loop model and membership targeting affluent clients, ensuring diverse revenue streams and customer loyalty, while maintaining steady dividend payments under new CEO Abel, highlighting its long-term investment value.
- Buffett's Investment Philosophy: Buffett's preference for Apple, Coca-Cola, and American Express reflects his emphasis on excellent management and strong cash flow, providing strategic guidance for new CEO Abel's investment decisions and ensuring the company's continued growth in the future.
See More
Greg Abel's First Quarter Report Reveals Investment Strategy
- Portfolio Adjustments: In his first quarterly report, Abel adjusted the $330 billion equity portfolio by adding positions in Delta Airlines and Macy's, while tripling the stake in Alphabet, indicating his proactive approach to high-conviction stocks while maintaining Buffett's investment style.
- Small Position Sell-Off: In the first quarter, Abel and his team sold out of 16 smaller positions, including Visa and Mastercard, which accounted for about a third of Berkshire's total holdings, demonstrating decisive action in optimizing the investment portfolio.
- Core Holdings Retained: Despite the significant sell-off, Abel retained core holdings such as Apple, American Express, and Coca-Cola, reflecting his respect for and continuation of the company's traditional investment strategies established by Buffett.
- Positive Market Reaction: Following the announcement of Abel's investment strategy, Berkshire Hathaway's stock ticked higher, reflecting market confidence in his management capabilities and further solidifying the company's position in the investment community.
See More
American Express Shows Strong Growth, Attracts Younger Consumers
- Significant Performance Growth: American Express has achieved a total return of 467% over the past decade, and despite its current stock price being 20% below last December's peak, it still significantly outperforms the S&P 500's 327% return, indicating strong market performance and investment appeal.
- Revenue and Profit Increase: By Q1 2026, the company is expected to see an annual revenue growth of 8.9% and diluted earnings per share growth of 11.4%, providing robust fundamentals that support stock price appreciation and attract long-term investors.
- Attraction of Younger Consumers: American Express has successfully attracted younger consumers, with the CEO noting that millennials' spending power is expected to increase over time, further driving revenue growth and showcasing the brand's long-term value and market potential.
- Reasonable Valuation: Currently, American Express's price-to-earnings ratio stands at 19.3, down 20% from early 2026, offering investors a reasonable entry point, despite facing macroeconomic risks and competitive pressures, its leadership in the premium credit card market remains strong.
See More
American Express Achieves 467% Return Over Decade
- Decade Return: As of May 20, American Express shares have generated a total return of 467% over the past decade, transforming an initial investment of $10,000 into $56,700, demonstrating its strong compounding ability, even though the stock is currently 20% off its peak from last December.
- Strong Financial Performance: Between Q1 2016 and Q1 2026, the company's revenue grew at an annualized rate of 8.9%, while diluted earnings per share increased at an impressive annual rate of 11.4%, providing robust support for stock price appreciation and reflecting its superior position in the financial services sector.
- Attraction of Younger Consumers: American Express has successfully attracted younger consumers, with CEO Stephen Squeri noting that millennials capture a high share of their wallet early on, which translates into increased spending over time, thereby driving future revenue growth for the company.
- Reasonable Valuation: Despite ongoing macro risks related to credit quality and competitive threats, American Express's current P/E ratio of 19.3 is 20% cheaper than at the start of 2026, presenting a reasonable entry point for investors and highlighting its value as a high-quality business.
See More
Warren Buffett's Top Three Stocks for Lifetime Holding
- Apple's Strong Performance: In the fiscal second quarter of 2026, Apple reported a 21% year-over-year increase in iPhone sales, while its high-margin services segment grew by 17%, demonstrating its sustained competitiveness in the smartphone market and customer loyalty, thereby creating long-term wealth for shareholders.
- Coca-Cola's Resilience: As Buffett's favorite stock, Coca-Cola achieved a 12% year-over-year growth and a 19% increase in operating income in the first quarter of 2026, showcasing its strong market adaptability through pricing power and localized production to successfully navigate high inflation.
- American Express's Unique Advantages: American Express differentiates itself with its closed-loop model and membership targeting affluent clients, ensuring diverse revenue streams; under Buffett's leadership, the company has maintained its long-term investment in Amex, highlighting its stability and growth potential in the financial services sector.
- Attractive Dividend Yields: All three companies offer stable dividends, with Coca-Cola's yield at 2.5% and American Express at 1.09%, making them significantly appealing to long-term investors seeking reliable income streams.
See More
Buffett's Three Favorite Stocks Worth Holding Forever
- Apple's Ecosystem: Apple's iPhone sales surged 21% year-over-year in Q2 2026, while its high-margin services segment grew by 17%, indicating strong customer loyalty and recurring revenue streams, solidifying its status as a 'forever' stock.
- Coca-Cola's Resilience: Coca-Cola achieved a 12% year-over-year increase and a 19% rise in operating income in Q1 2026, showcasing its pricing power and product adaptability in a high-inflation environment, reinforcing its status as a 'Dividend King' with a 64-year streak of dividend increases.
- American Express's Unique Model: American Express differentiates itself with a closed-loop model and membership system targeting affluent clients, ensuring revenue stability across economic conditions, while its growing dividend and strong brand loyalty position it as a premium blue-chip stock for long-term investment.
- Buffett's Investment Philosophy: Buffett's admiration for Apple, Coca-Cola, and American Express reflects his focus on excellent management, strong cash positions, and durable competitive advantages, making these stocks valuable for long-term investment.
See More
Warren Buffett's Three Favorite Stocks Worth Holding Forever
- Apple's Sustained Growth: In the fiscal second quarter of 2026, Apple reported a 21% year-over-year increase in iPhone sales and a 17% rise in its high-margin services segment, demonstrating strong market demand and customer loyalty, thereby creating long-term wealth for shareholders.
- Coca-Cola's Resilience: Coca-Cola achieved a 12% year-over-year growth and a 19% increase in operating income in the first quarter of 2026, successfully navigating high inflation through pricing power and localized production, showcasing its stability as a 'Dividend King'.
- American Express's Unique Advantages: American Express differentiates itself with its closed-loop model and membership targeting affluent clients, ensuring diverse revenue streams and customer loyalty, while maintaining steady dividend payments under new CEO Abel, highlighting its long-term investment value.
- Buffett's Investment Philosophy: Buffett's preference for Apple, Coca-Cola, and American Express reflects his emphasis on excellent management and strong cash flow, providing strategic guidance for new CEO Abel's investment decisions and ensuring the company's continued growth in the future.
See More
Greg Abel's First Quarter Report Reveals Investment Strategy
- Portfolio Adjustments: In his first quarterly report, Abel adjusted the $330 billion equity portfolio by adding positions in Delta Airlines and Macy's, while tripling the stake in Alphabet, indicating his proactive approach to high-conviction stocks while maintaining Buffett's investment style.
- Small Position Sell-Off: In the first quarter, Abel and his team sold out of 16 smaller positions, including Visa and Mastercard, which accounted for about a third of Berkshire's total holdings, demonstrating decisive action in optimizing the investment portfolio.
- Core Holdings Retained: Despite the significant sell-off, Abel retained core holdings such as Apple, American Express, and Coca-Cola, reflecting his respect for and continuation of the company's traditional investment strategies established by Buffett.
- Positive Market Reaction: Following the announcement of Abel's investment strategy, Berkshire Hathaway's stock ticked higher, reflecting market confidence in his management capabilities and further solidifying the company's position in the investment community.
See More
