NYSE: AXP

American Express (AXP) Stock Analysis & Forecast

American Express Company. Finance sector, finance/rental/leasing industry. Market cap $210.4B.

$311.56+0.39 (+0.1%)

Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.

Gekko Brief

AI summary

American Express closes at $311.56, up 0.1%, with the stock sitting below both its 50-day average of $336.89 and its 200-day average of $335.57. Shares have fallen 8.3% over the past month and 7.8% over three months, though they remain up 5.6% over six months. The GekkoIndex reads 74.3, placing AXP in the Buying zone, while the price sits 14.4% below the Gekko Fair Value estimate of $363.88.

This week's news centers on product expansion and portfolio moves. Accel-KKR completed its carve-out acquisition of Accertify, the fraud-protection software unit, from American Express, with Accertify now operating as a standalone company. Separately, American Express broadened its premium card ecosystem: Resy dining credit now extends to hundreds more restaurants and venues, a new Centurion Lounge opened in Amsterdam as the network's 33rd location, and a high-yield business savings offering was introduced alongside existing Business Checking and Card products. Commentary tied to a Barclays conference reiterated 10% revenue growth expectations alongside maintained full-year EPS guidance, framed around continued momentum from the Platinum card refresh.

Looking ahead, the next earnings report is set for 23 October 2026, 33 days out and beyond a typical 20-trading-day holding window. The company's last quarter produced EPS of $4.53 against a $4.41 estimate, with a -1.6% reaction, and it has beaten estimates in 7 of the last 8 quarters, averaging a 4.2% absolute move on results. Seasonality from this point in the calendar has averaged a 1.4% gain over the next 20 trading days across 5 years, rising in 3 of them. Analyst coverage from 21 firms shows 10 buy and 10 hold ratings against 1 sell, with a consensus target of $375.96.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $311.56200-day averageGekko Fair Value $363.88

Key stats

Market cap
$210.4B
P/E ratio
19.8
Forward P/E
16.5
EPS, TTM
$16.47
Revenue, TTM
$70.91B
Profit margin
16.1%
Dividend yield
1.07%
Beta
1.05
Volume
5.64M avg 2.61M
1-year return
−7.3%
Typical daily move
±1.9%
Typical 20-day move
±5.6%
50-day average
$336.89
200-day average
$335.57
Next earnings
Oct 23 before open
Shares outstanding
675.3M
52-week range
$290.97$387.49

American Express swing-trade checklist

American Express scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $311.56 sits between the 50-day ($336.89) and 200-day ($335.57) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    74.3, Buying

    Reading 74.3 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    14.4% below

    Price is 14.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 33 days

    Next report Oct 23, 2026, 33 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +1.4% on average

    From this point in the calendar, the next 20 trading days averaged +1.4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

American Express stock chart and price history

American Express closed at $311.56 on Sep 18, 2026, −7.3% over the past year, inside a 52-week range of $290.97 to $387.49.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−8.3%
3 months
−7.8%
6 months
+5.6%
1 year
−7.3%
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About American Express

American Express provides charge and credit card products along with a range of travel-related services to customers around the world. It is widely recognized for its payment cards, which come with various financing options, and for the network infrastructure that supports transactions between businesses and consumers. Beyond cards, the company offers expense management tools, travel and lifestyle assistance, fraud protection, and loyalty programs designed to reward ongoing customer engagement.

The company organizes its operations into three main areas: consumer services, commercial services, and merchant and network services. Its merchant-facing work includes signing up businesses to accept its cards, processing transactions, handling settlements, and supporting point-of-sale marketing efforts. Customers span individual consumers, small and mid-sized businesses, and large corporations, and American Express reaches them through mobile and online platforms, partnerships with outside vendors, direct mail and phone outreach, internal sales teams, and advertising.

Founded in 1850, American Express is headquartered in New York, New York. Its shares are listed on the NYSE under the ticker AXP.

Listed
NYSE
Sector
Finance
Industry
Finance/Rental/Leasing
Website
americanexpress.com

American Express GekkoIndex: the smart money zone

American Express’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 74.3, in the Buying zone, up 7.8 points over five sessions.

010074.3Buying

Up 7.8 points over five sessions, from the Accumulation zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)210.0%+0.4%−1.4%+9.0%
Accumulation155+0.6%+0.9%+2.8%+5.7%
Neutral423+0.5%+1.0%+1.6%+3.7%
Distribution58+0.1%+1.0%+1.7%+4.6%
Selling5Too few readings yet

Average AXP share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the AXP price, zone by zone.Track AXP in Gekko

Is American Express stock overvalued? Gekko Fair Value

American Express trades 14.4% below Gekko Fair Value of $363.88, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what American Express shares are worth, recalculated every trading day.

$363.88

Gekko Fair Value, Sep 8, 2026

14.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open AXP in Gekko

American Express insider and Congress trading

No open-market insider purchases were filed for American Express, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for AXP in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every AXP insider filing, plotted on the chart in Gekko.Open AXP in Gekko

Congress trades last 90 days

No trades in AXP were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for AXP, plotted on the chart in Gekko.Open AXP in Gekko

Buybacks

American Express has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$2.30B
As a share of market cap
1.10%
Trailing four quarters
$7.47B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds AXP.

0added0opened1trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

American Express earnings: next date and track record

American Express reports on Oct 23, 2026, before the open (33 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±4.2%average move across the report
1 of 8reports followed by a gain

Share-price move across each report

−5.3%Oct ’24−2.9%Jan ’25−4.1%Apr ’25−3.9%Jul ’25+8.2%Oct ’25−1.6%Jan ’26−5.7%Apr ’26−1.6%Jul ’26

Last earnings call, Jul 24, 2026 AI summary

What they said
American Express reported a strong Q2 2026 with 10% revenue growth, EPS of $4.53, and continued momentum in spend and card fees driven by premium product strategy, notably the Platinum refresh. Management raised full-year revenue growth guidance to 10% while keeping full-year EPS guidance unchanged at $17.30 to $17.90, choosing to reinvest upside into growth initiatives (technology, customer acquisition, platform integrations including TheFork) rather than return more to buybacks. Spend growth was ~9% FX-adjusted with robust retail and T&E categories; card fees have grown double-digits for 32 consecutive quarters. Credit metrics remain strong with delinquency and write-off rates below 2019 levels. Management discussed portfolio transfers (small-business portfolios being transferred to new issuers) that create temporary NII growth discontinuities but minimal EPS impact, continued investments in AI (primarily to speed delivery and improve service rather than immediate cost savings), and progress on closed-loop platforms (Resy/Tock/TheFork) and sponsorships. Q&A responses were confident and detailed, addressing sustainability of growth, attrition (no material attrition observed), operating leverage expectations (OpEx-to-revenue improvement targeted, mid-single-digit OpEx growth), and near-term headwinds from portfolio transfers and incremental deal/integration costs.
Guidance
Raised full-year revenue growth guidance to 10%. Full-year EPS guidance maintained at $17.30 to $17.90. Operating expense growth targeted in the mid-single digits for the year. Card fee growth expected to accelerate and exit the year in the high teens. No explicit billings guidance provided beyond commentary that momentum is expected to continue; no change to earlier NII/earnings guidance despite portfolio transfers.
Risks flagged
Portfolio transfers of small-business/co-brand portfolios create temporary discontinuities in billed business and NII growth (approx. 1-2.5% headwind to NII growth until lapped). Integration and deal costs related to TheFork acquisition and other investments. Geopolitical impacts on travel routes and category shifts (e.g., gas, travel corridors) noted but currently immaterial. Increased reinvestment could limit near-term EPS upside vs. buybacks. Macro uncertainty remains a background risk though management reported no signs of general slowdown.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 24, 2026$4.53
est $4.41
+2.7%$19.64B
est $19.70B
−0.3%−1.6%
Apr 23, 2026$4.28
est $3.99
+7.3%$18.91B
est $18.61B
+1.6%−5.7%
Jan 30, 2026$3.53
est $3.55
−0.6%$18.98B
est $18.92B
+0.3%−1.6%
Oct 17, 2025$4.14
est $4.00
+3.5%$18.43B
est $18.05B
+2.1%+8.2%
Jul 18, 2025$4.08
est $3.89
+4.9%$17.86B
est $17.71B
+0.8%−3.9%
Apr 17, 2025$3.64
est $3.47
+4.9%$16.97B
est $16.94B
+0.1%−4.1%
Jan 24, 2025$3.04
est $3.00
+1.3%$17.18B
est $17.16B
+0.1%−2.9%
Oct 18, 2024$3.49
est $3.28
+6.4%$16.64B
est $16.68B
−0.3%−5.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

American Express stock forecast and analyst price targets

Analysts’ average 12-month price target for American Express is $375.96, +20.7% from the last close, from 21 firms rating the stock in the last 90 days.

$375.96consensus 12-month target, +20.7% from the last close
Low $315High $450
Buy10
Hold10
Sell1

Each firm’s latest rating in the last 90 days: 21 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 16BarclaysHold, maintained$364+16.8%
Sep 15Wells FargoBuy, reiterated$415+33.2%
Sep 14Bank of America SecuritiesBuy, maintained
Aug 25Wolfe ResearchHold, maintained
Aug 18JefferiesHold, maintained$350+12.3%
−1.4%average 20-day move after past Buying readings
+1.4%average move over the next 20 trading days in the last 5 years
±1.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

American Express seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, American Express averaged +1.4% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+10.1%2021−8.9%2022−3.1%2023+6.3%2024+1.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.0%3 of 5
Next 10 trading days−2.2%2 of 5
Next 15 trading days−2.5%2 of 5
Next 20 trading days+1.4%3 of 5
Next 30 trading days+1.2%3 of 5

For scale, AXP’s typical 20-trading-day move in either direction is about 5.6%.

American Express market cap and key statistics

American Express’s market cap is $210.4B, with a P/E ratio of 19.8 and revenue of $70.91B over the last twelve months.

Valuation

Market cap
$210.4B
P/E ratio
19.8
Forward P/E
16.5
EPS, TTM
$16.47
Gekko Fair Value
$363.88

Trading

Volume
5.64M
Avg volume, 20 days
2.61M
52-week high
$387.49
52-week low
$290.97
Shares outstanding
675.3M

Financials

Revenue, TTM
$70.91B
Profit margin
16.1%
Return on equity
34.4%
Quarterly earnings growth, YoY
+11.0%

Risk and income

Beta
1.05
Typical daily move
±1.9%
Typical 20-day move
±5.6%
Dividend yield
1.07%

American Express peers

American Express’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
VVisa−0.1%Accumulation5.1% below
MAMastercard+0.1%Accumulation6.8% below
COFCapital One Financial+0.6%Accumulation12.3% below
URIUnited Rentals+1.6%Accumulation3.7% below
RKTRocket Companies−1.6%Buying19.9% below
SYFSynchrony Financial+1.1%Accumulation8.4% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

American Express stock FAQ

What is American Express’s market cap?

American Express’s market cap is $210.4B at the Sep 18, 2026 close of $311.56, with 675.3M shares outstanding. The shares trade on a P/E ratio of 19.8.

What is the American Express stock forecast?

The consensus analyst 12-month price target for American Express is $375.96, +20.7% from the last close. Of the 21 firms that rated the stock in the last 90 days, 10 rate it a buy, 10 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is American Express stock overvalued or undervalued?

On Gekko’s estimate American Express is undervalued: the Sep 18, 2026 close of $311.56 is 14.4% below Gekko Fair Value of $363.88. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does American Express report earnings next?

American Express is expected to report on Oct 23, 2026, before the market opens (33 days away). Analysts expect earnings of $4.57 per share on revenue of $20.14B. American Express beat the earnings estimate in 7 of its last 8 reports, moving 4.2% on average across the report.

What is American Express’s 52-week high and low?

American Express’s 52-week high is $387.49 and its 52-week low is $290.97; it closed at $311.56 on Sep 18, 2026, −7.3% over the past year.

Is American Express stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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