Key facts, as of
As of October 8, 2026, American Express (AXP) trades at $304.25, down 7.2% over the past year. Its 52-week range runs from $290.97 to $387.49; the price is 21.5% below that high. It is 21.5% below its all-time high of $387.49, reached in December 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +444.9%, against +312.9% for the S&P 500 (SPY). It sits 8.1% below its 200-day average of $331.14, the usual sign of a long-term downtrend. Its 30-day volatility is 19.0% annualized, which we rate medium risk. It has a trailing P/E of 18.5 and a dividend yield of 1.25%.
Cite: Portfolio Terminal, "American Express (AXP) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/axp
Where it trades today
trading 14% of the way up its 52-week range
How the price has moved
How far it is from its record
American Express (AXP) is 21.5% below its all-time high of $387.49, reached in December 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +444.9%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Credit quality, deposit stability, and how management navigates the rate cycle usually drive the next rerating.
- AXP trades at 18.5x earnings, well above the financial services average of 12.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 19.0%, below the sector norm of 24.0%, which supports a steadier role inside a diversified portfolio.
- AXP remains in a bearish short-term trend and sits 21.5% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- AXP is more useful for investors comparing conviction names inside financial services than for someone looking for a passive “set and forget” holding.
- The risk profile looks balanced enough for a diversified core-plus portfolio, provided the position size reflects sector concentration.
- The stock becomes more useful when paired with an explicit catalyst watchlist, because sector sentiment can shift quickly around policy, rates, or pipeline news.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in AXP.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as JPM, BAC, WFC start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for AXP come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Financial Services so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as JPM, BAC, WFC.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for AXP. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as JPM, BAC, WFC.
What American Express does
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also…
What analysts expect
AXP carries a buy consensus from 24 analysts, with an average price target of $371.37 versus $304.25 today (+22.1%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
AXP generated $70.91B in trailing revenue (12.8% year over year), with a 16.1% net margin, against $13.34B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $72.23B | — | — | $10.83B | $15.41 | $16.00B |
| 2024 | $65.95B | — | — | $10.13B | $14.04 | $12.14B |
| 2023 | $60.52B | — | — | $8.37B | $11.23 | $17.00B |
| 2022 | $52.86B | — | — | $7.51B | $9.86 | $19.22B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
AXP is in 8 of the 30 ETFs we track. It weighs most in DIA: 3.54% of the fund, holding #12 of 30.
Famous investors who hold it
AXP is in the latest 13F of 1 of the 15 famous investors we follow. Warren Buffett (Berkshire Hathaway) holds the most of it: 17.1% of the portfolio, position #2 of 26, as of Q2 2026.
How it sits in financial services
Sector covering banks, insurance, asset management, and fintech companies.
The companies it competes with
AXP beside the financial services names it is usually measured against.
What the chart is saying
In a downtrend, with $301.54 the next floor.
downtrend- Price is 6.6% below its 50-day average and 8.1% below its 200-day.
- The 50-day crossed below the 200-day on 2026-09-23 (a “death cross”).
- RSI at 36 is neither stretched nor washed out.
- The nearest ceiling is $318.72 (+4.8%), the nearest floor $301.54 (-0.9%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is AXP a good investment in 2026?
American Express trades at a P/E ratio of 18.5, with medium volatility (19.0% annualized). Recent trend shows weakness.
What is the risk level of AXP?
Based on 30-day volatility of 19.0%, AXP has MEDIUM risk. Beta of 1.08 indicates higher sensitivity to market movements than average.
Does AXP pay dividends?
Yes, American Express has a dividend yield of 1.25%.
How far is AXP from its all-time high?
American Express is 21.5% below its all-time high of $387.49, reached in December 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +444.9%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold AXP?
8 of the 30 popular ETFs we track hold American Express. The largest weights: DIA (3.54%), XLF (2.09%), VTV (0.66%), JEPI (0.48%) and VOO (0.27%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is AXP?
0.27%, as of August 31, 2026: AXP is holding #70 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $2.66 in American Express.
Which famous investors own AXP?
Warren Buffett (17.1% of Berkshire Hathaway's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
Does Warren Buffett own AXP?
Yes. Berkshire Hathaway's 13F for Q2 2026, filed August 14, 2026, lists American Express at 17.1% of the reported portfolio, position #2 of 26.
What is the analyst price target for AXP?
The average analyst price target for American Express (AXP) is $371.37 based on 24 analyst estimates, about 22.1% above the current price of $304.25. The published range runs from $320.00 to $450.00.
How much revenue does AXP generate?
American Express reported $70.91B in trailing twelve-month revenue. Revenue growth is running at 12.8% year over year. Net margin sits at 16.1%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare AXP with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.