Key Takeaways:
- American Express (AXP, Financial) exceeds earnings expectations: Reports GAAP EPS of $3.64 per share, beating estimates by $0.17.
- Robust revenue figures: Revenue hits $16.97 billion, surpassing forecasts by $40 million.
- Analyst perspectives: Average price target of $294.61 suggests a potential 16.49% increase from the current stock price.
American Express (AXP) has delivered a solid performance this quarter, reporting a GAAP earnings per share of $3.64. This figure not only surpasses analysts' expectations by $0.17 but also underscores the company's robust financial health. With revenue reaching an impressive $16.97 billion—exceeding projections by $40 million—American Express demonstrates the strength of its resilient customer base and premium growth. As investors look forward, attention is increasingly focused on the 2025 outlook, a pivotal factor for future investment strategies.
Wall Street Analysts Forecast
Analysts continue to offer insightful perspectives on American Express Co (AXP, Financial). Based on the evaluations of 26 analysts, the average price target is projected at $294.61. The most optimistic estimates forecast a high of $371.00, while more conservative views suggest a low of $230.00. This average target price implies a potential upside of 16.49% from the current market price of $252.92. For a deeper dive into these forecasts, visit the American Express Co (AXP) Forecast page.
Further supporting these estimates, the current consensus recommendation from 31 brokerage firms is a "Hold" status for American Express Co (AXP, Financial), reflected by an average brokerage recommendation of 2.6. This rating falls within a scale where 1 signifies a Strong Buy and 5 represents a Sell. Investors might find this midpoint rating indicative of cautious optimism in the face of market volatility.
From the perspective of GuruFocus' metrics, the estimated GF Value for American Express Co (AXP, Financial) suggests a price of $267.47 in one year. This anticipation indicates a potential upside of 5.75% from the existing price of $252.92. The GF Value is an important indicator, representing the fair trading value of the stock based on historical trading multiples, past business growth, and future business performance expectations. For more comprehensive data, the American Express Co (AXP) Summary page offers extensive insights.
