American Express (AXP) May Be Stronger Than Many Expected

With stock buybacks of $5.95 billion in the 12 months through September 2025, American Express Company (NYSE:AXP) is among the 20 Stocks with the Biggest Share Buybacks.

American Express Company (NYSE:AXP) received a bullish analyst revision on April 28 when Goldman Sachs raised its price target to $400 from $360 while maintaining a Buy rating on the shares. The increase signals growing confidence in the company’s earnings resilience, premium customer base, and ability to sustain strong spending trends despite a more mixed macroeconomic backdrop.

On April 24, Bank of America raised its price target on American Express Company (NYSE:AXP) to $387 from $381 and reiterated a Buy rating following strong first-quarter results that exceeded expectations on both revenue and earnings. The firm stated that the performance supports its view that higher-income consumers remain financially healthy and continue to spend at robust levels.

American Express Company (NYSE:AXP) is a global financial services company founded in 1850 and headquartered in New York City. The company specializes in charge cards, credit cards, travel services, banking products, and business expense management solutions, with a strong brand presence in premium rewards and affluent consumer markets.

Rising analyst targets and strong quarterly execution suggest AXP continues to benefit from durable demand among higher-income customers and strong brand loyalty. Supported by $5.95 billion of share repurchases over the last twelve months, the company offers an attractive combination of earnings growth and shareholder returns.

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