La vendita allo scoperto per American Express dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di American Express. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

American Express (NYSE:AXP) Azioni, Report sulle vendite allo scoperto

American Express

American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

American Express Co

AXPR

AXIS PETROLEUM CO CAP by Axis Petroleum Co.

AXION POWER INTL INC by Axion Power International, Inc.

Axion Power International Inc

AMERICAN EXPRESS ORD

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled mostly higher on Thursday, with the Dow Jones index climbing to a new record close following the release of economic data.
U.S. initial jobless claims fell by 19,000 in the week ending Oct. 12. U.S. retail sales rose 0.4% month-over-month in September compared to a 0.1% increase in August and higher than market estimates of a 0.3% rise. The Philadelphia Fed Manufacturing Index climbed to 10.3 in October compared to 1.7 in September and topping market estimates of 3.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) shares jumped around 9.8% on Thursday following better-than-expected third-quarter earnings and strong fourth-quarter guidance
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and real estate stocks recording the biggest losses on Thursday. However, energy and information technology stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed higher by around 161 points to 43,239.05 on Thursday. The S&amp;P 500 slipped 0.02% to 5,841.47, while the Nasdaq Composite rose 0.04% at 18,373.61 during Thursday's session.
Investors are awaiting earnings results from American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), and Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 71.5, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 69.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

TSMC, Strong Economic Data Push Dow To Fresh Record High: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) to report quarterly earnings at $3.28 per share on revenue of $16.67 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. American Express shares gained 1.8% to $290.91 in after-hours trading.</li>
<li>Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) reported stronger-than-expected third-quarter financial results, posting revenue of $9.825 billion, up 15% year-over-year, versus market estimates of $9.769 billion. The company ended the third quarter with 282.72 million global paid subscribers, up 14.4% year-over-year. Netflix shares climbed 5.1% to $722.35 in the after-hours trading session.</li>
<li>Analysts are expecting The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) to post quarterly earnings at $1.90 per share on revenue of $21.91 billion. The company will release earnings before the markets open. Procter &amp; Gamble shares gained 0.1% to $172.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) posted better-than-expected third-quarter financial results. The company also said it obtained regulatory clearance in South Korea for the da Vinci 5 surgical system in October. Intuitive Surgical shares climbed 6.1% to $502.80 in the after-hours trading session.</li>
<li>Analysts expect Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to report quarterly earnings at 88 cents per share on revenue of $9.25 billion before the opening bell. SLB shares rose 0.4% to $44.16 in after-hours trading.</li>
</ul>
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Photo courtesy: Shutterstock

ISRG

NFLX

Netflix, American Express And 3 Stocks To Watch Heading Into Friday

U.S. markets ended Thursday with mixed performance: the Dow Jones Industrial Average climbed 0.4% to 43,239.05, the S&amp;P 500 held steady at 5,841.47, and the Nasdaq inched up by 0.04% to close at 18,373.61.
 These are the top stocks that gained the attention of retail traders and investors throughout the day:
Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)
Netflix shares fell by 2.04% to close at $687.65. The streaming giant reported <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">third-quarter revenue</a> of $9.825 billion, a 15% increase year-over-year, beating the Street consensus estimate. The streamer added 5.07 million paid subscribers, bringing its total to 282.72 million. Earnings per share also exceeded estimates, while ad-supported plans represented over 50% of new sign-ups. The company is projecting further revenue growth and strong content releases in the fourth quarter.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)
TSMC shares soared by 9.79% to close at $205.84. The company reported consolidated third-quarter revenue of NT$759.69 billion ($23.50 billion), up 39% year-over-year, beating consensus estimates. The <a href="https://www.benzinga.com/news/earnings/24/10/41373163/nvidia-supplier-tsmc-reports-q3-revenue-earnings-beat-amid-rising-demand-for-ai-chips">strong demand for advanced processor node technologies</a> used in AI applications contributed to the impressive results.
American Express Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)
See Also: <a href="https://www.benzinga.com/news/24/10/41354045/as-boeing-workers-enter-second-month-of-strike-rival-airbus-reportedly-plans-to-cut-2-500-jobs?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">As Boeing Workers Enter Second Month Of Strike, Rival Airbus Reportedly Plans To Cut 2,500 Jobs</a>
American Express shares rose by 1.46% to close at $285.78. The company is set to report its third-quarter earnings on Oct. 18, with Wall Street expecting $3.80 in earnings per share and $16.67 billion in revenues. The <a href="https://www.benzinga.com/news/earnings/24/10/41382894/american-express-shows-bullish-signals-ahead-of-q3-earnings-but-analysts-hold-back">stock is up 84.29% over the past year</a>, and 51.1% year-to-date.
Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)
Moderna shares dropped by 4.59% to close at $54.82. The company is facing a patent infringement lawsuit from Northwestern University, alleging that Moderna used the university's lipid nanoparticle (LNP) technology without permission to develop its COVID-19 vaccines. The lawsuit claims that the development of Moderna's COVID-19 vaccine, Spikevax, <a href="https://www.benzinga.com/general/biotech/24/10/41381861/moderna-hit-with-another-lawsuit-related-to-key-covid-19-vaccine-technology">depended on key technological advancements</a> made at Northwestern.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares slipped by 0.20% to close at $220.89. The company has promoted several executives, including Wes Morrill, Milan Kovac, and Ashok Elluswamy, over the past few weeks. Omead Afshar is <a href="https://www.benzinga.com/news/24/10/41378568/tesla-promotes-key-executives-and-gives-them-more-responsibilities-in-leadership-shuffle">now a vice president</a> in charge of sales and manufacturing, with senior executives in North America and Europe reporting to him.
Image Via Shutterstock
Prepare for the day&#8217;s trading <a href=""Premarket">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

MRNA

TSLA

Netflix, TSMC, American Express, Moderna, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Whales with a lot of money to spend have taken a noticeably bullish stance on American Express.
Looking at options history for American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) we detected 32 trades.
If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 34% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $137,370 and 29, calls, for a total amount of $5,212,639.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $200.0 to $320.0 for American Express during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in American Express's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to American Express's substantial trades, within a strike price spectrum from $200.0 to $320.0 over the preceding 30 days.
<h3>American Express 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729179143_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$25.3</td>
<td>$23.4</td>
<td>$24.4</td>
<td>$320.00</td>
<td>$2.4M</td>
<td>39.9K</td>
<td>1</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$25.25</td>
<td>$24.6</td>
<td>$25.1</td>
<td>$320.00</td>
<td>$1.0M</td>
<td>39.9K</td>
<td>1.5K</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$42.5</td>
<td>$40.6</td>
<td>$42.0</td>
<td>$280.00</td>
<td>$163.8K</td>
<td>2.0K</td>
<td>39</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$2.71</td>
<td>$2.54</td>
<td>$2.6</td>
<td>$310.00</td>
<td>$131.1K</td>
<td>1.4K</td>
<td>506</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$60.75</td>
<td>$60.0</td>
<td>$60.75</td>
<td>$250.00</td>
<td>$121.5K</td>
<td>503</td>
<td>58</td>
</tr>
</tbody>
</table>

<h3>About American Express</h3>
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
After a thorough review of the options trading surrounding American Express, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>American Express's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 855,715, the AXP's price is up by 1.14%, now at $284.9. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 1 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Express with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Check Out What Whales Are Doing With AXP

American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) will be reporting its third-quarter earnings on Oct. 18. Wall Street expects $3.80 in earnings per share and $16.67 billion in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=AXP" target="_blank" rel="noreferrer noopener"> before market hours</a>.
The stock is up 84.29% over the past year, 51.1% year-to-date.
Let&#8217;s look at what the charts indicate for the New York-based company and how its stock currently maps against Wall Street estimates.
<h2 class="wp-block-heading">American Express Stock Chart Is Bullish</h2>
American Express stock is exhibiting strong bullish momentum based on several technical indicators. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="455" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094316/Screenshot-2024-10-17-at-6.42.16-PM.png" alt="" class="wp-image-600790" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094316/Screenshot-2024-10-17-at-6.42.16-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094316/Screenshot-2024-10-17-at-6.42.16-PM-300x217.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The stock is currently trading at $281.68, which places it above key moving averages—its five-day, 20-day and 50-day exponential moving averages—indicating significant buying pressure. 
American Express&#8217; stock price is above its eight-day SMA of $275.54. The 20-day SMA of $272.03 further confirms a bullish outlook. This suggests continued upward movement. The stock's 50-day SMA at $259.88 and its 200-day SMA at $232.73 are also well below the current price, reinforcing this positive trend.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="455" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094323/Screenshot-2024-10-17-at-6.43.40-PM.png" alt="" class="wp-image-600793" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094323/Screenshot-2024-10-17-at-6.43.40-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17094323/Screenshot-2024-10-17-at-6.43.40-PM-300x217.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Additionally, the MACD indicator is at 5.32, which signals further bullish potential for American Express stock. However, caution is warranted as the RSI stands at 67.74, and rising to approach the overbought territory. This could suggest a short-term pullback. 
However, the Bollinger Bands also indicate that the stock remains in a bullish phase with the stock trading in then upper bullish band.
Investors should monitor these technical signals closely as the stock approaches a potential breakout.
Read Also: <a href="https://www.benzinga.com/insights/news/24/10/41336712/heres-how-much-1000-invested-in-american-express-15-years-ago-would-be-worth-today">Here&#8217;s How Much $1000 Invested In This Payments Company 15 Years Ago Would Be Worth Today</a>
<h2 class="wp-block-heading">&#8230;But Analysts See 7% Downside</h2>
Ratings &amp; Consensus Estimates:<a href="https://www.benzinga.com/quote/AXP/analyst-ratings" target="_blank" rel="noreferrer noopener"> The consensus analyst rating</a> on American Express stock stands at a Neutral currently with a price target of $228.60. The latest analyst ratings for American Express stock were issued by Morgan Stanley, Monness, Crespi, Hardt, and Barclays in October. These analysts have set an average price target of $266, indicating an implied downside of 6.54% for the stock.
AXP Price Action: American Express stock was trading at $284.62 at the time of publication.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41293799/s-p-500-dow-jones-hit-new-record-highs-as-financial-stocks-soar-on-upbeat-earnings">S&amp;P 500, Dow Jones Hit New Record Highs As Financial Stocks Soar On Upbeat Earnings</a></li>
</ul>
Image: Shutterstock

Technicals

Previews

American Express Shows Bullish Signals Ahead Of Q3 Earnings, But Analysts Hold Back

American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) is preparing to release its quarterly earnings on Friday, 2024-10-18. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect American Express to report an earnings per share (EPS) of $3.28.
Investors in American Express are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Past Earnings Performance</h3>
The company's EPS beat by $0.23 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at American Express's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>3.26</td>
<td>2.95</td>
<td>2.64</td>
<td>2.94</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>3.49</td>
<td>3.33</td>
<td>2.62</td>
<td>3.30</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>6.0%</td>
<td>7.000000000000001%</td>
<td>-5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729173681_0.png" alt="eps graph" />
<h3>Tracking American Express's Stock Performance</h3>
Shares of American Express were trading at $281.68 as of October 16. Over the last 52-week period, shares are up 100.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Insights on American Express</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding American Express.
The consensus rating for American Express is Neutral, based on 13 analyst ratings. With an average one-year price target of $271.31, there's a potential 3.68% downside.
<h3>Peer Ratings Overview</h3>
The following analysis focuses on the analyst ratings and average 1-year price targets of Credit Acceptance and Enova International, three prominent industry players, providing insights into their relative performance expectations and market positioning.
<ul>
<li>Credit Acceptance received a Sell consensus from analysts, with an average 1-year price target of $400.0, implying a potential 42.01% upside.</li>
<li>As per analysts' assessments, Enova International is favoring an Outperform trajectory, with an average 1-year price target of $90.5, suggesting a potential 67.87% downside.</li>
</ul>
<h3>Overview of Peer Analysis</h3>
The peer analysis summary presents essential metrics for Credit Acceptance and Enova International, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kaspi.kz</td>
<td>Outperform</td>
<td>37.20%</td>
<td>$513.15B</td>
<td>18.86%</td>
</tr>
<tr>
<td>Credit Acceptance</td>
<td>Sell</td>
<td>12.42%</td>
<td>$330.70M</td>
<td>-2.94%</td>
</tr>
<tr>
<td>Enova International</td>
<td>Outperform</td>
<td>25.83%</td>
<td>$299.24M</td>
<td>4.69%</td>
</tr>
</tbody>
</table>

Key Takeaway:
American Express ranks at the top for Revenue Growth among its peers. It is in the middle for Gross Profit and Return on Equity.
<h3>Discovering American Express: A Closer Look</h3>
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
<h3>Unraveling the Financial Story of American Express</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: American Express's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 8.5%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: American Express's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.23%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 10.21%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): American Express's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.1% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 1.8, American Express adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/AXP/earnings">To track all earnings releases for American Express visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from American Express's Earnings

American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) has outperformed the market over the past 15 years by 2.94% on an annualized basis producing an average annual return of 14.8%. Currently, American Express has a market capitalization of $197.92 billion. 
Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $7,859.97 today based on a price of $278.40 for AXP at the time of writing.
<h3>American Express's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729004424_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In American Express 15 Years Ago Would Be Worth Today

Morgan Stanley analyst Betsy Graseck maintains American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a Equal-Weight and raises the price target from $226 to $248.

Price Target

Analyst Ratings

Morgan Stanley Maintains Equal-Weight on American Express, Raises Price Target to $248

Monness, Crespi, Hardt analyst Gus Gala maintains American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a Buy and raises the price target from $265 to $300.

Monness, Crespi, Hardt Maintains Buy on American Express, Raises Price Target to $300

A remarkable rally in financial stocks boosted bullish sentiment across Wall Street on Friday, propelling both the S&amp;P 500 and Dow Jones Industrial Average<a href="https://www.benzinga.com/news/earnings/24/10/41293190/us-banks-top-q3-earnings-estimates-jpmorgan-delivers-robust-beat-financial-sector-stocks-hit-record"> to new record levels.</a>
Strong earnings from major U.S. banks helped fuel the broader market, with investors brushing aside mixed economic data released <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41290382/producer-inflation-rises-more-than-expected-in-september-as-food-transportation-c">earlier in the day.</a>
The S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), surged past the 5,800-point mark, gaining 0.7% on the day and pushing year-to-date returns to nearly 23%. 
Simultaneously, the Dow Jones Industrial Average, tracked by the SPDR Dow Jones Industrial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>), rose 0.8%, hitting 42,780 points and smashing previous records set in late September.
<h3 class="wp-block-heading">Chart: S&amp;P 500, Dow Jointly Mark All-Time Highs As US Banks Top Q3 Earnings Forecasts</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="443" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1024x443.png" alt="" class="wp-image-591486" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1024x443.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-300x130.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-768x332.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91-1536x665.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11105849/image-91.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">Benzinga Pro</a> </figcaption></figure>
<h3 class="wp-block-heading">Financial Stocks Drive Wall Street Rally</h3>
The financial sector was the primary driver of Friday's market gains. 
The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) rallied 1.9%, marking its strongest session since November 2023 and hitting a fresh record high. 
The rally came as a wave of U.S. banks reported better-than-expected third-quarter earnings, reinforcing confidence in the sector&#8217;s resilience.
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) delivered a robust performance, with Q3 earnings per share (EPS) of $4.37, exceeding the $4.00 consensus. 
Shares surged over 4% by mid-morning trading in New York. Goldman Sachs analyst Richard Ramsden highlighted a &#8220;robust beat across every line,&#8221; for the largest U.S. bank.
Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) saw its shares soar 6.2% after posting an EPS of $1.42, beating expectations despite cautious guidance on net interest income for the year.
Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) also delivered stronger-than-expected results, with BK shares rising 1.8%. 
BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) gained 3.4% after upbeat earnings and revenue, as performance fees sharply surprised estimates. BlackRock shares hit a new record high. 
Other major banks participated in the rally, with Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Goldman Sachs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) climbing between 2% and 4.8%. Morgan Stanley also set new all-time highs. 
The strength in large-cap banks spilled over to regional players, with the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) rallying 3.5%. This helped lift the Russell 2000 index, which gained 1.3% and outperformed large-cap counterparts. 
<h3 class="wp-block-heading">Mixed Economic Data Overshadowed by Strong Earnings</h3>
Friday's economic data included a higher-than-expected Producer Price Index (PPI) and a weaker-than-expected Michigan Consumer Sentiment report for October. 
The headline PPI came in at 1.8% year-over-year in September, down from an upwardly revised 1.9% in August, but above expectations of 1.6%. Core producer prices – which exclude energy and food – sharply increased from 2.6% to 2.8% year-on-year, surpassing expectations of 2.7%. 
According to preliminary estimates, the University of Michigan&#8217;s U.S. consumer sentiment index fell to 68.9 in October 2024, down from a five-month high of 70.1 in September and missing forecasts of 70.8.
Year-ahead inflation expectations rose slightly from 2.7% to 2.9%, while the five-year outlook dipped from 3.1% to 3%.
&#8220;Consumers continue to express frustration over high prices. Still, long run business conditions lifted to its highest reading in six months, while current and expected personal finances both softened slightly&#8221;, Surveys of Consumers Director Joanne Hsu said. 
Despite the mixed economic signals, investors focused on the strong bank earnings and remained optimistic about the upcoming corporate earnings season.
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Performers On Friday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Sector</td>
<td>Price</td>
<td>1-day Return (%)</td>
</tr>
<tr>
<td>Uber Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>)</td>
<td>Industrials</td>
<td>84.21</td>
<td>8.07%</td>
</tr>
<tr>
<td>Fastenal Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NYSE">FAST</a>)</td>
<td>Industrials</td>
<td>75.13</td>
<td>7.34</td>
</tr>
<tr>
<td>Wells Fargo &amp; Company</td>
<td>Financials</td>
<td>60.99</td>
<td>5.61</td>
</tr>
<tr>
<td>WW. Grainger, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>)</td>
<td>Industrials</td>
<td>1,079.38</td>
<td>5.29</td>
</tr>
<tr>
<td>Bank of America Corporation</td>
<td>Financials</td>
<td>41.97</td>
<td>4.99</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 10:50 a.m. ET</figcaption></figure>
<h3 class="wp-block-heading">Dow&#8217;s Top 5 Performers On Friday </h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Sector</td>
<td>Price</td>
<td>1-day Return (%)</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. </td>
<td>Financials</td>
<td>221.99</td>
<td>4.30</td>
</tr>
<tr>
<td>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</td>
<td>Industrials</td>
<td>150.55</td>
<td>2.68</td>
</tr>
<tr>
<td>The Goldman Sachs Group, Inc.</td>
<td>Financials</td>
<td>513.51</td>
<td>1.94</td>
</tr>
<tr>
<td>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>Information Technology</td>
<td>23.63</td>
<td>1.78</td>
</tr>
<tr>
<td>American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>Financials</td>
<td>274.73</td>
<td>1.58</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 10:50 a.m. ET</figcaption></figure>
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41289783/jpmorgan-chase-q3-earnings-investment-banking-revenue-soars-29-raises-fy24-net-interest-income-outl">JPMorgan Chase Q3 Earnings: Investment Banking Revenue Soars 29%, Largest Bank Raises Net Interest Income Outlook</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Large Cap

Macro Economic Events

Mid Cap

Sector ETFs

Broad U.S. Equity ETFs

Small Cap

Econ #s

Economics

ETFs

SPDR Dow Jones Industrial Average ETF Trust

FAST

INTC

UBER

S&P 500, Dow Jones Hit New Record Highs As Financial Stocks Soar On Upbeat Earnings

High-rolling investors have positioned themselves bearish on American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AXP often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for American Express. This is not a typical pattern.
The sentiment among these major traders is split, with 25% bullish and 50% bearish. Among all the options we identified, there was one put, amounting to $29,062, and 7 calls, totaling $424,370.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $140.0 and $290.0 for American Express, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Express's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Express's significant trades, within a strike price range of $140.0 to $290.0, over the past month.
<h3>American Express Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728589561_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$141.15</td>
<td>$139.2</td>
<td>$139.2</td>
<td>$140.00</td>
<td>$125.2K</td>
<td>147</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$77.35</td>
<td>$76.4</td>
<td>$76.88</td>
<td>$200.00</td>
<td>$76.8K</td>
<td>176</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$8.95</td>
<td>$8.85</td>
<td>$8.95</td>
<td>$290.00</td>
<td>$53.7K</td>
<td>1.3K</td>
<td style="text-align: right;">88</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$56.95</td>
<td>$56.9</td>
<td>$56.9</td>
<td>$240.00</td>
<td>$51.2K</td>
<td>7.7K</td>
<td style="text-align: right;">53</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$23.25</td>
<td>$23.2</td>
<td>$23.25</td>
<td>$250.00</td>
<td>$41.8K</td>
<td>1.4K</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About American Express</h3>
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
Having examined the options trading patterns of American Express, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of American Express</h3>
<ul>
<li>Currently trading with a volume of 1,202,163, the AXP's price is down by -0.3%, now at $270.61. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 8 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for American Express, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Looking At American Express's Recent Unusual Options Activity

Barclays analyst Terry Ma maintains American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a Equal-Weight and raises the price target from $223 to $250.

Barclays Maintains Equal-Weight on American Express, Raises Price Target to $250

BTIG analyst Vincent Caintic downgrades American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) from Neutral to Sell and announces $230 price target.

Downgrades

BTIG Downgrades American Express to Sell, Announces $230 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59e506f2efacff00010f9abb/saul-martinez">HSBC analyst Saul Martinez</a> downgraded the rating for American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) from Buy to Hold. American Express shares fell 0.8% to close at $273.79 on Monday. <a href="https://www.benzinga.com/quote/AXP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst John Vinh downgraded the rating for QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) from Overweight to Sector Weight. Qualcomm shares fell 1.2% to close at $166.94 on Monday. <a href="https://www.benzinga.com/quote/QCOM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/580f253b846faa000139ba71/robert-moskow">TD Cowen analyst Robert Moskow </a>downgraded Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Buy to Hold and slashed the price target from $300 to $270. Constellation shares fell 1.5% to close at $243.07 on Monday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Nigel Coe downgraded Otis Worldwide Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OTIS#NYSE">OTIS</a>) from Outperform to Peer Perform. Otis Worldwide shares fell 0.5% to close at $104.02 on Monday. <a href="https://www.benzinga.com/quote/OTIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst John Vinh downgraded the rating for Synaptics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>) from Overweight to Sector Weight. Synaptics shares fell 0.4% to close at $76.06 on Monday. <a href="https://www.benzinga.com/quote/SYNA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying QCOM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-1024x507.png" alt="" class="wp-image-585499" style="width:646px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-1024x507.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50.png 1352w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41221716/dow-dips-around-400-points-as-treasury-yields-top-4-investor-optimism-declines-but-fear-index-remai">Dow Dips Around 400 Points As Treasury Yields Top 4%: Investor Optimism Declines, But Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

OTIS

QCOM

SYNA

This Qualcomm Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

HSBC analyst Saul Martinez downgrades American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) from Buy to Hold.

HSBC Downgrades American Express to Hold

WIIM

American Express shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral, despite raising the price target from $268 to $286.

Evercore ISI Group analyst John Pancari maintains American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a In-Line and raises the price target from $275 to $290.

Evercore ISI Group Maintains In-Line on American Express, Raises Price Target to $290

Goldman Sachs analyst Ryan Nash maintains American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a Buy and raises the price target from $270 to $300.

Goldman Sachs Maintains Buy on American Express, Raises Price Target to $300

Across the recent three months, 8 analysts have shared their insights on American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $271.12, a high estimate of $300.00, and a low estimate of $260.00. Witnessing a positive shift, the current average has risen by 2.53% from the previous average price target of $264.43.
<img src="https://www.benzinga.com/files/images/story/2024/1728309693_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The analysis of recent analyst actions sheds light on the perception of American Express by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$286.00</td>
<td>$268.00</td>
</tr>
<tr>
<td>Donald Fandetti</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$300.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>Kenneth Bruce</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$265.00</td>
<td>$263.00</td>
</tr>
<tr>
<td>Kenneth Bruce</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$263.00</td>
<td>$263.00</td>
</tr>
<tr>
<td>Gus Gala</td>
<td>Monness, Crespi, Hardt</td>
<td>Raises</td>
<td>Buy</td>
<td>$265.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Kenneth Bruce</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$263.00</td>
<td>$247.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$267.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>David Rochester</td>
<td>Compass Point</td>
<td>Announces</td>
<td>Neutral</td>
<td>$260.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to American Express. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of American Express compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of American Express's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of American Express's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AXP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on American Express analyst ratings.</a>
<h2>About American Express</h2>
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
<h3>Financial Milestones: American Express's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Positive Revenue Trend: Examining American Express's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.5% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: American Express's net margin is impressive, surpassing industry averages. With a net margin of 18.23%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): American Express's ROE excels beyond industry benchmarks, reaching 10.21%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): American Express's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.1% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: American Express's debt-to-equity ratio is below the industry average. With a ratio of 1.8, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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