This summary was created by AI, based on 24 opinions in the last 12 months.
American Express (AXP) continues to perform robustly, showcasing strong year-over-year revenue growth despite a slight slowdown compared to earlier quarters. The company issued 3.3 million new cards recently, targeting younger demographics such as Millennials and GenZ, whose spending has increased significantly. Although there are concerns regarding potential credit risks and market valuations, many experts express optimism about AXP’s long-term prospects given its solid management and healthy balance sheet. Recent earnings reports indicate a mixed but overall positive outlook, with high consumer spending levels. The consensus suggests maintaining a cautious but positive stance on the company, recognizing its position in a cashless society and the potential for growth, even in a volatile market.
A bit more credit risk than other names. All the credit card companies are good, but he prefers and owns Visa.
She just trimmed AmEx as part of typical prudent portfolio management. She bought this in 2019 at 14x PE and is now at 19x PE with 13% earnings growth for the next two years. If the market hits volatility, she's perfectly fine taking a little money off the table.
Does not own shares, but does own Mastercard. Overall, a strong sector with move towards cashless society. Well positioned for the future. Would recommend holding.
Wall Street got their quarter wrong again. It hit $286, a new high, last Thursday, but tumbled 2.19% today. Revenues were in-line at 6% in their total spending in their cards, and expenses were 9% YOY, but below estimates, and they beat EPS, but they slightly trimmed their full-year revenue growth forecast, but Millennials/GenZ spending is up 12% YOY, the Boomers are flat while GenX is 4%. Delinquencies look good, not that bad. Wall Street didn't like their gradual slowdown in revenue growth.
Reported today but shares are down. They are being conservative. The US consumer was +12%, card fees 18%, NII 15%--all good numbers. Also, shares are up so much this year. A good story.
They have lots of runway: they issued 3.3 million new cards were issued last quarter with 80% to Millennials and GenZ. Don't trade, but invest in this.
Just reported a very small topline miss, but beat on the bottom. Share are up nearly 50% this year. They focus on Millennials and GenZ, nicely. They will continue to grow.
They report Friday. The last two times, he advised buying if shares fell, and he was right. One of his favourite companies.
How many times has AmEx been downgraded only to bounce back? And you're downgrading before a rate-cutting cycle?
Good to hear management's recent comments about slower, but stable growth, given worries that travel and discretionary spending is slowing. AXP is expanding its base, which has been loyal, to a younger demographic.
Spending remains robust. Revenue will grow 9-11% based on the strong, upper-end consumer.
It was done very well for him, but revenue growth is slightly moderating, only 10% in the last quarter. He's concerned, but can't and won't sell.
Was downgraded today. She trimmed it recently because it's been a strong performer. Trades at a high 15.5x forward PE. Vacation and concert spending may be slowing, so she reduced her weight. It remains the top operator in the high-income space. It has a great runway, but it got too expensive.
Higher ranked on RSI. Bit of disruption in the space, as the Capital One & Discover deal had an impact on capital flows.
American Express is a American stock, trading under the symbol AXP-N on the New York Stock Exchange (AXP). It is usually referred to as NYSE:AXP or AXP-N
In the last year, 24 stock analysts published opinions about AXP-N. 16 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Express.
American Express was recommended as a Top Pick by on . Read the latest stock experts ratings for American Express.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
24 stock analysts on Stockchase covered American Express In the last year. It is a trending stock that is worth watching.
On 2025-02-18, American Express (AXP-N) stock closed at a price of $312.85.
It reports Friday. Every time it reports, the stock takes a hit that day, but AXP has had a juggernaut run in recent years.