TD Cowen Cuts American Express (NYSE:AXP) Price Target to $335.00

by · The Cerbat Gem

American Express (NYSE:AXP) had its price objective trimmed by TD Cowen from $338.00 to $335.00 in a research note published on Tuesday,Benzinga reports. The firm currently has a hold rating on the payment services company’s stock.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $328.00 to $400.00 in a report on Monday, July 13th. BTIG Research dropped their price objective on shares of American Express from $315.00 to $230.00 and set a “sell” rating for the company in a report on Monday, September 7th. Benchmark began coverage on shares of American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a research note on Monday, July 13th. Finally, Evercore set a $320.00 price target on shares of American Express in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $365.07.

Read Our Latest Stock Report on American Express

American Express Stock Up 1.2%

Shares of NYSE:AXP opened at $307.85 on Tuesday. The company has a fifty day moving average of $325.07 and a 200-day moving average of $324.99. The company has a market capitalization of $207.90 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express has a 52-week low of $290.97 and a 52-week high of $387.49.

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

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.95 per share. The ex-dividend date is Friday, October 9th. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio (DPR) is presently 23.06%.

Institutional Investors Weigh In On American Express

Institutional investors have recently modified their holdings of the company. Mn Services Vermogensbeheer B.V. increased its position in shares of American Express by 50.2% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 232,681 shares of the payment services company’s stock worth $70,758,000 after buying an additional 77,800 shares during the period. Acropolis Investment Management LLC grew its holdings in American Express by 3.0% during the 3rd quarter. Acropolis Investment Management LLC now owns 5,688 shares of the payment services company’s stock worth $1,730,000 after acquiring an additional 166 shares during the period. Allen Mooney & Barnes Investment Advisors LLC raised its position in shares of American Express by 1.2% in the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 49,897 shares of the payment services company’s stock worth $15,174,000 after acquiring an additional 571 shares in the last quarter. Galvin Gaustad & Stein LLC raised its position in shares of American Express by 49.2% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 59,384 shares of the payment services company’s stock worth $18,059,000 after acquiring an additional 19,587 shares in the last quarter. Finally, Grove Bank & Trust lifted its stake in shares of American Express by 0.6% in the 3rd quarter. Grove Bank & Trust now owns 7,206 shares of the payment services company’s stock valued at $2,191,000 after purchasing an additional 46 shares during the period. 84.33% of the stock is owned by institutional investors.

Key American Express News

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

  • Positive Sentiment: American Express launched an integrated Corporate Cashback platform combining new cards, expense-management software and AI tools intended to automate corporate spending controls and reporting. The company also said its cards are now accepted at more than 190 million locations globally, supporting its value proposition to business customers. American Express Rolls Out Corporate Cashback Platform As Acceptance Hits 190 Million Locations
  • Positive Sentiment: Amex is advising merchants on preparing for AI-powered “agentic commerce,” including how to manage autonomous shopping agents and payment reliability. Offering protection if transactions go wrong could help build trust and strengthen Amex’s role in emerging digital commerce, though it may introduce some costs and liability. Amex Advises Businesses on AI
  • Positive Sentiment: Strong demand for premium travel benefits is prompting American Express to build a significantly larger Centurion Lounge at Newark Airport. The expansion highlights continued customer demand and could support card acquisition and retention, although it also requires additional investment. Amex Supersizes Newark Airport Centurion Lounge Before It Even Opens
  • Neutral Sentiment: AXP is attracting elevated attention on Zacks, but the article is primarily a recap of factors investors should consider rather than a new company announcement or changed forecast. American Express Is a Trending Stock
  • Neutral Sentiment: Investors are also highlighting the upcoming dividend eligibility deadline, which may attract income-focused buyers, but the event is unlikely to materially change American Express’s underlying earnings outlook. Own American Express By Oct. 9 to Qualify for Its Dividend

About American Express

(Get Free Report)

American Express Company (NYSE: AXP) is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.

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