American Express Company (AXP)
NYSE: AXP · IEX Real-Time Price · USD
235.97
+2.16 (0.92%)
At close: Jul 2, 2024, 4:00 PM
235.93
-0.04 (-0.02%)
After-hours: Jul 2, 2024, 7:50 PM EDT
American Express Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for American Express stock have an average target of 221.95, with a low estimate of 151 and a high estimate of 275. The average target predicts a decrease of -5.94% from the current stock price of 235.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for American Express stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 5 | 5 | 5 |
| Buy | 5 | 4 | 4 | 5 | 5 | 5 |
| Hold | 8 | 7 | 8 | 8 | 8 | 9 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 0 |
| Total | 21 | 18 | 19 | 22 | 22 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Initiates $250 | Hold | Initiates | $250 | +5.95% | Jun 10, 2024 |
| BTIG | BTIG | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 7, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $265 → $275 | Buy | Maintains | $265 → $275 | +16.54% | Jun 4, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $253 → $263 | Buy | Maintains | $253 → $263 | +11.45% | May 1, 2024 |
| Baird | Baird | Sell Maintains $190 → $205 | Sell | Maintains | $190 → $205 | -13.12% | May 1, 2024 |
Financial Forecast
Revenue This Year
67.12B
from 55.59B
Increased by 20.73%
Revenue Next Year
72.78B
from 67.12B
Increased by 8.43%
EPS This Year
13.11
from 11.21
Increased by 16.95%
EPS Next Year
15.04
from 13.11
Increased by 14.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 70.7B | 76.9B | 84.2B | 92.1B | 92.1B |
| Avg | 67.1B | 72.8B | 78.5B | 88.6B | 88.6B |
| Low | 64.8B | 69.4B | 74.6B | 86.0B | 86.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.2% | 14.6% | 15.7% | 17.3% | 4.0% |
| Avg | 20.7% | 8.4% | 7.9% | 12.8% | - |
| Low | 16.5% | 3.5% | 2.5% | 9.4% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.94 | 16.21 | 18.95 | 16.28 | 17.08 |
| Avg | 13.11 | 15.04 | 17.07 | 15.66 | 16.43 |
| Low | 12.20 | 13.46 | 14.73 | 15.19 | 15.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.4% | 23.6% | 26.0% | -4.6% | 9.1% |
| Avg | 16.9% | 14.7% | 13.5% | -8.3% | 5.0% |
| Low | 8.8% | 2.6% | -2.1% | -11.0% | 1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.