BTIG has adjusted its price target for American Express (AXP, Financial), lowering it from $272 to $240, while maintaining a Sell rating on the stock. This update comes in the wake of American Express's first-quarter earnings report.
The firm expresses confidence in American Express's ability to manage its expenses effectively to meet its 2025 earnings goals. However, BTIG has growing concerns about the company's earnings potential for 2026 and 2027.
BTIG found it unexpected that American Express's stock did not experience a more significant decline following the release of its earnings data and subsequent commentary. There is skepticism over the company’s decision to maintain its guidance, especially as American Express forecasts improved performance metrics for the remainder of 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for American Express Co (AXP, Financial) is $292.27 with a high estimate of $371.00 and a low estimate of $230.00. The average target implies an upside of 16.30% from the current price of $251.31. More detailed estimate data can be found on the American Express Co (AXP) Forecast page.
Based on the consensus recommendation from 31 brokerage firms, American Express Co's (AXP, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for American Express Co (AXP, Financial) in one year is $267.42, suggesting a upside of 6.41% from the current price of $251.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the American Express Co (AXP) Summary page.
