
American Express (AXP) Stock Forecast & Price Target
American Express (AXP) Analyst Ratings
Bulls say
American Express is currently facing headwinds from a downturn in consumer finance valuations and a slower growth in the billed business metric. However, the company's strong global presence and diverse portfolio of payment and commercial products provide a stable foundation for long-term growth. The company's valuation, which is slightly higher than its historical multiple, may be cause for concern, but the steady increase in new accounts and efforts to improve commercial offerings show potential for future success.
Bears say
American Express is experiencing a slowdown in revenue growth and billed business, which is expected to continue due to increased competition in both consumer and commercial sectors. The company's upcoming product offerings and recent acquisition may not be enough to improve revenue growth and counteract the decline in new account growth. Additionally, the company's high expenses and reliance on cutting back on marketing expenses to meet EPS targets may not be sustainable in the long term. Overall, these fundamental factors lead to a negative outlook on American Express's stock.
This aggregate rating is based on analysts' research of American Express and is not a guaranteed prediction by Public.com or investment advice.
American Express (AXP) Analyst Forecast & Price Prediction
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