American Express Company (AXP) earnings on April 23, 2026
More American Express Company earnings
Prior outlook: No statistical edge
American Express shares fell sharply after their earnings announcement. The market reacted negatively, showing disappointment despite expectations.
AXP price around the earnings
318.51
Change: -4.4%
2026-04-23, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Momentum positive, but the level approaches resistance.
The stock shows strong upward momentum and analysts predict modest price increases, supported by recent acquisition news. However, there is growing caution as the stock approaches resistance levels and investor sentiment appears overly optimistic.
Context analyzed before publication
- Summary
- Momentum positivo, pero el escenario es pesimista cerca de la resistencia.
- Reasoning
- The stock shows strong upward momentum and analysts cite modest price increases, supported by recent acquisition news. However, there is growing caution as the stock approaches resistance levels and investor sentiment appears overly optimistic.
- Playbook
- Given the mixed contexts and rising caution near resistance, the scenario suggests a need for a clearer context or a more attractive reference level.
- Trend
- Expert outlook shows rising caution.
Analysts
Drivers
-
Analysts
Neutral
Analysts offer a moderate outlook for price appreciation, with some recent adjustments to price targets indicating a mixed view.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.39
- Analysts covering the stock
- 23
- Average price target
- 356.15
- Lowest price target
- 285
- Highest price target
- 462
- Upside to price target
- 8%
- Quarterly earnings growth
- 13.5%
- Revenue growth
- 10.6%
- Forward EPS
- 20.11
- Trailing EPS
- 15.37
- Analyst moves in the last 60 days
- 7
- Strong buy: 3
- Buy: 8
- Hold: 16
- Sell: 1
- Strong sell: 0
- Strong buy
- 3
- Buy
- 8
- Hold
- 16
- Sell
- 1
- Strong sell
- 0
- April 16, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- April 9, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
- April 9, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- April 6, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- April 6, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 23, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- March 16, 2026 · BTIG: Maintains rating (Sell → Sell)
News and sentiment
Drivers
-
News & sentiment
Negative
An extremely high level of investor optimism on social media, coupled with low market review volume, suggests a potential risk of crowding. Previous expert commentary also indicated elevated expectations.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- Morgan Stanley Maintains Equal-Weight on American Express, Lowers Price Target to $385 — Benzinga
- American Express To Acquire Agentic Expense Management Company Hypercard, Terms Not Disclosed — Benzinga
- American Express Prelim U.S. Small Business Card Member Loans 30 Days Past Due Loans As A % Of Total 1.7% At March End; Prelim U.S. Small Business Card Member Loans Net Write-Off Rate-Principal Only 2.9% At March End; Prelim USCS Card Member Loans 30 Days Past Due Loans As A % Of Total 1.4% At March End; Prelim USCS Card Member Loans Net Write-Off Rate-Principal Only 2.2% At March End — Benzinga
- Here's How Much $1000 Invested In American Express 10 Years Ago Would Be Worth Today — Benzinga
- JP Morgan Maintains Neutral on American Express, Lowers Price Target to $325 — Benzinga
- American Express Has A Spring Pattern: History Says April 14 Is The Buy Signal — Benzinga
- Wells Fargo Maintains Overweight on American Express, Lowers Price Target to $415 — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has demonstrated robust upward momentum recently, significantly outperforming the broader market over the past month.
Evidence
- Average true range (ATR)
- 2.4%
- Distance to 52-week high
- -14.9%
- 14-day change (14d)
- +9.4%
- 30-day change
- +8.8%
- 30-day relative strength
- +5.1%
- Benchmark change
- +3.8%
- Nearest support
- 291.02
- Nearest resistance
- 339.95
- Volume accumulation ratio
- 0.83
Trends
Evidence
- Average earnings surprise
- +3.3%
- January 30, 2026: actual EPS 3.53 vs estimate 3.55 (surprise -0.7%)
- October 17, 2025: actual EPS 4.14 vs estimate 4 (surprise +3.6%)
- July 18, 2025: actual EPS 4.08 vs estimate 3.88 (surprise +5.1%)
- April 17, 2025: actual EPS 3.64 vs estimate 3.47 (surprise +5.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.7%
- 75th percentile move
- 5.4%
- 90th percentile move
- 7.8%
- Up / down moves
- 9 / 10
- Average up move
- +5.1%
- Average down move
- -2.5%
Monitoring and close
What American Express Company reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- -4.4%
- Max move
- -5.5%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.