American Express Company AXP witnessed a diverse set of activities in the market, as evident from various asset managers, investment firms, and banks adjusting their holdings in the company.
Assenagon Asset Management and
IFP Advisors reduced their holdings, while
Nordea Investment Management and
Global X Japan Co. raised their stake. Meanwhile,
BofA and
Evercore ISI reduced their price targets for AXP amid consumer finance review and Q4 results, respectively.
Notably, the card provider launched
New Graphite™ Business Cash Unlimited Card, positioning itself for significant commercial product expansion. The company also refreshed its business card line, adding AI features. Moreover, it expects a strong profit in 2026 due to elevated affluent spending while continuing to tap into the demand for its Platinum Card.
CEO Stephen J. Squeri highlighted the company’s performance and strength in an AI-powered world. Yet, the company's miss in Q4 CY2025 sales expectations raised concerns among investors. However, the overall market sentiment stayed largely positive, recognising AXP's potential growth and premium valuation.
American Express Company AXP News Analytics from Fri, 18 Jul 2025 07:00:00 GMT to Sat, 28 Mar 2026 08:39:26 GMT -
Rating 3
- Innovation 7
- Information 6
- Rumor -1
