American Express Company (NYSE:AXP) is one of the stocks that should double by 2030. On February 2, Truist lowered the price target on American Express to $400 from $420 and maintained a Buy rating. The firm is updating its model following the company’s Q4 2025 results.
Furthermore, JPMorgan reduced the firm’s price target for American Express to $375 from $385 while maintaining a Neutral rating. This adjustment followed an update to the company’s financial model after the release of its Q4 2025 report.
In its full-year 2025 earnings report, American Express Company recorded revenues of $72 billion, which was a 10% increase year-over-year, and EPS of $15.38. This was fueled by an 18% rise in net card fees, which reached a record $10 billion, and robust spending across various categories, including a 15% jump in luxury retail and a 12% increase in international spending. Millennial and Gen Z customers now represent the largest share of US consumer spending for the company.
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American Express Company, together with its subsidiaries, operates as an integrated payments company internationally. It has four segments: US Consumer Services, Commercial Services, International Card Services, and Global Merchant & Network Services.
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This article is originally published at Insider Monkey.
