American ExpressAXP
AXP
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
143% more first-time investments, than exits
New positions opened: 228 | Existing positions closed: 94
25% more funds holding in top 10
Funds holding in top 10: 69 [Q2] → 86 (+17) [Q3]
10% more capital invested
Capital invested by funds: $147B [Q2] → $162B (+$14.6B) [Q3]
4% more funds holding
Funds holding: 2,303 [Q2] → 2,406 (+103) [Q3]
10% more call options, than puts
Call options by funds: $3.13B | Put options by funds: $2.85B
3% less repeat investments, than reductions
Existing positions increased: 858 | Existing positions reduced: 888
4.32% less ownership
Funds ownership: 88.15% [Q2] → 83.84% (-4.32%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$257
18%
downside
Avg. target
$314
0%
upside
High target
$350
12%
upside
9 analyst ratings
3 positive
33%
6 neutral
67%
0 negative
0%
JP Morgan Richard Shane 59% 1-year accuracy 36 / 61 met price target | 2%downside $307 | Neutral Maintained | 14 Jan 2025 |
UBS Eric Wasserstrom 100% 1-year accuracy 1 / 1 met price target | 2%upside $320 | Neutral Maintained | 13 Jan 2025 |
Truist Securities Brian Foran 100% 1-year accuracy 7 / 7 met price target | 12%upside $350 | Buy Initiated | 7 Jan 2025 |
Wells Fargo Donald Fandetti 67% 1-year accuracy 22 / 33 met price target | 9%upside $340 | Overweight Maintained | 3 Jan 2025 |
Morgan Stanley Betsy Graseck 67% 1-year accuracy 37 / 55 met price target | 2%downside $305 | Equal-Weight Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 59 articles about AXP published over the past 30 days
Positive
Zacks Investment Research
4 hours ago
AmEx Up 69% in Past Year: More Growth on the Horizon?
AXP remains well-poised for growth on strong revenue growth, acquisitions and partnerships as well as a solid cash balance.
Positive
Zacks Investment Research
6 hours ago
American Express (AXP) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for American Express (AXP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Positive
Seeking Alpha
1 day ago
American Express: What To Look For In Next Week's Earnings
American Express (AXP) is poised for a high-stakes Q4 earnings report, with expectations of 16%+ EPS growth and 10%+ revenue growth. AXP's premium valuation is justified by its strong brand, higher-tier customer base, and superior returns on equity compared to peers. Despite a mixed earnings track record, AXP's consistent 2024 trend suggests a potential buy opportunity if shares dip to around $280.
Positive
The Motley Fool
1 day ago
The Forever Portfolio: 3 Stocks to Buy in 2025 and Hold Forever
There is a counterintuitive feature of the stock market. It doesn't necessarily reward those who put in the most effort.
Positive
The Motley Fool
1 day ago
The Smartest Fintech Stocks to Buy With $500 Right Now
Fintech, the broad term for financial technology, is expanding quickly as companies continue to merge their financial products with the latest tech innovations. Investors looking to tap into this momentum have their pick of stocks, but which of them is a great option to put $500 toward right now?
Positive
The Motley Fool
2 days ago
This Financial Stock Is Up 264% Since I Bought It -- Here's Why I'm Not Selling
The first time I invested a significant amount of money in individual stocks was in 2014. I had been primarily investing in index funds up until that point while learning about things like stock analysis and asset allocation strategies.
Neutral
CNBC
2 days ago
Cramer's week ahead: Inauguration, earnings from Procter & Gamble and American Express
CNBC's Jim Cramer highlighted President-elect Donald Trump's inauguration and earnings from companies including Procter & Gamble and American Express. Cramer mused about what Trump's administration will mean for the market, noting that Wall Street believes him to be more pro-business than his predecessor, President Joe Biden.
Negative
Fast Company
3 days ago
American Express will pay over $138 million to settle fraud investigation
American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices, federal authorities announced Thursday.The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products primarily marketed at small and midsize businesses, the U.S. Attorney for the Eastern District of New York's office said. Customers were told, for example, that the company's fees were tax-deductible as a business expense.Harry Chavis, a special agent in charge at the Internal Revenue Service's office in New York, said the company “misled their customers by touting tax breaks that simply didn't exist.
Positive
Zacks Investment Research
3 days ago
AmEx to Offer Enhanced Travel to Cardmembers at Toronto Pearson
AXP renews its Toronto Pearson partnership, offering Cardmembers benefits like valet service, parking discounts and more for a superior travel experience.
Positive
Zacks Investment Research
3 days ago
American Express (AXP) Earnings Expected to Grow: Should You Buy?
American Express (AXP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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