Update shared on 30 Nov 2025
Fair value Increased 0.29%American Express's analyst price target has been modestly increased by $1 to $351.87. Analysts cite stronger-than-expected revenue expansion, higher profit margins, and improved growth trends, supported by recent upgrades and positive financial results.
Analyst Commentary
Recent Street research reveals a diverse set of opinions on American Express following its latest financial results and outlook updates. Analysts have responded with a series of price target adjustments and ratings changes, reflecting both optimism over execution and tempered concerns regarding growth expectations.
Bullish Takeaways- Bullish analysts have increased price targets for American Express, with some pushing targets as high as $375. This is attributed to robust billings growth and the success of recent product refreshes such as Platinum offerings.
- Upward revisions to earnings estimates for upcoming fiscal years have been linked to stronger-than-expected revenue expansion and stable credit quality, which some consider "best in class."
- Solid loan growth trends and improved commercial billings have contributed to a positive outlook for the business. These factors enhance confidence in American Express’s execution and international growth strategy.
- Several research updates note that the company’s premium valuation is supported by improving profit margins, ongoing upgrades to guidance, and resilient consumer trends, even amid macroeconomic uncertainty.
- Bearish analysts point to recent guidance for Q4 earnings per share coming in below consensus estimates. This has raised questions about near-term growth momentum and potential downside risk.
- Some updates flag that, despite management’s raised revenue and EPS guidance, the revisions effectively serve as a guide-down versus market expectations. This dynamic may temper sentiment in the near term.
- Concerns remain about the sustainability of strong billings growth. Higher expenses are partially offsetting the positive impact on future earnings, and the outlook for accelerating growth into 2026 depends on further successful product execution.
What's in the News
- American Express is expanding premium experiences for Card Members in Las Vegas, including exclusive access to restaurants, luxury hotels, and entertainment such as the 2025 Formula 1 Heineken Las Vegas Grand Prix. New properties have been added to the Fine Hotels + Resorts® program and special perks will be available during key events. (Company announcement)
- A new pop-up destination, 1850 by American Express®, will open at ARIA Resort & Casino. Platinum and Centurion Card Members will receive complimentary hospitality, exclusive ticketed events, and concierge services during the Las Vegas Grand Prix season. (Company announcement)
- American Express raised its 2025 earnings guidance, stating its expectation for full-year revenue growth of 9% to 10% and earnings per share between $15.20 and $15.50. (Corporate guidance update)
- The company recently completed a share repurchase tranche, buying back 7.3 million shares for $2.3 billion. This brings total buybacks under the current program to over 59 million shares and $13.5 billion. (Buyback update)
- Amex launched "Amex Ads," a digital advertising platform that enables brands to connect with U.S. Consumer Card Members through contextual ads and robust measurement tools, leveraging first-party data and privacy guardrails. (Product announcement)
Valuation Changes
- Consensus Analyst Price Target (Fair Value) has risen slightly, increasing from $350.87 to $351.87.
- Discount Rate has edged up marginally from 8.37% to 8.39%.
- Revenue Growth forecast has increased, rising from 10.11% to 10.28%.
- Net Profit Margin has improved modestly, moving from 15.95% to 16.01%.
- Future P/E (Price to Earnings) ratio has inched higher, from 20.68x to 20.75x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.