10 Most Undervalued Dow Stocks to Buy Now

7. American Express Company (NYSE:AXP)

American Express Company (NYSE:AXP) is among the most undervalued stocks.

TheFlyy reported on April 9 that JPMorgan reduced its price target on AXP from $375 to $325 while maintaining a Neutral rating. The revision was part of broader adjustments across the consumer finance sector ahead of first-quarter earnings. The firm noted that the macroeconomic backdrop remains uncertain and highly volatile, leading to a more cautious stance across the group. It also emphasized that selectivity is increasingly important in the current environment, as investors assess exposure to consumer-linked financial stocks.

Moreover, recently, on April 16, American Express Company (NYSE:AXP) announced a definitive agreement to acquire Hypercard, an AI-focused expense management company. The deal is intended to enhance Amex’s commercial services capabilities by integrating Hypercard’s agentic AI tools, which automate expense tracking, categorization, policy checks, and submission reminders.

Hypercard, founded in 2022, has been developing autonomous workflows aimed at replacing manual expense processes with AI-driven systems. The companies previously collaborated in 2024 on a co-branded product featuring embedded AI expense agents. The acquisition is expected to close in the second quarter of 2026, subject to standard closing conditions.

American Express Company (NYSE:AXP) is a global financial services company founded in 1850, best known for its premium credit and charge cards and payment network. It serves consumers and businesses with travel and financial services, offering rewards and benefits such as lounge access and travel protection.