Truist has revised its price target for American Express (AXP, Financial), lowering it from $340 to $315. This adjustment reflects growing concerns over macroeconomic uncertainties that might impact the company's billed business and revenue growth in the coming years.
The firm has also reduced its earnings per share (EPS) projections for American Express, setting new estimates at $15.25 for 2025 and $17.50 for 2026. Despite these revised figures, Truist maintains a Buy rating on the stock. The decision is supported by American Express's strong and loyal customer base, characterized by high earners, and its current valuation, which is seen as lower than historical long-term averages.
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 21.75% from the current price of $240.06. 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 $267.58, suggesting a upside of 11.46% from the current price of $240.06. 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.
