--- title: "Weekly Recap | American Express -2.11%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298095712.md" description: "American Express (AXP) fell 2.11% this week to close at $326.16, down from $333.20 the previous Friday. The S&P 500 rose 0.09% over the same period, leaving AXP roughly 2.2 percentage points behind. The stock moved within a 3.34% range, trending lower with intermittent recoveries: Monday (31 Aug) opened at $331.98 and closed at $330.17; Tuesday (1 Sep) dipped to a weekly low of $323.915 before closing at $324.19; Wednesday (2 Sep) rebounded to $329." datetime: "2026-09-05T06:11:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298095712.md) - [en](https://longbridge.com/en/news/298095712.md) - [zh-HK](https://longbridge.com/zh-HK/news/298095712.md) generator: "portal-rs" --- # Weekly Recap | American Express -2.11%, consensus target above spot ## The Week American Express (AXP) fell 2.11% this week to close at $326.16, down from $333.20 the previous Friday. The S&P 500 rose 0.09% over the same period, leaving AXP roughly 2.2 percentage points behind. The stock moved within a 3.34% range, trending lower with intermittent recoveries: Monday (31 Aug) opened at $331.98 and closed at $330.17; Tuesday (1 Sep) dipped to a weekly low of $323.915 before closing at $324.19; Wednesday (2 Sep) rebounded to $329.98; Thursday (3 Sep) touched a weekly high of $335.00 before fading; Friday (4 Sep) closed at $326.16, near the lower end of the week’s range. ## Key Events This week’s news flow centred on two themes. One was the recurring observation that American Express posted softer second-quarter revenue relative to peers, with headlines shifting from Tuesday’s underperformance against competitors to a similar note on Friday, alongside questions about whether that softness changes the investment case. The other involved Berkshire Hathaway’s positioning, including reports on Warren Buffett’s top five stocks yielding $589 million per quarter and successor Greg Abel having over half the portfolio concentrated in three top stocks. Sector-level context included a slight decline in loan delinquencies in Q2, with some categories still elevated, and whale alerts across nine financials names. Overall, there was no major company-specific product, earnings or regulatory update this week; the discussion leaned more on relative fundamentals and external allocation narratives. ## Analyst Ratings The stock is covered by 31 firms: 9 rate it buy, 5 rate it outperform, 15 rate it hold, 1 rates it sell and 1 has no opinion. The consensus rating is buy, with a consensus target price of $375.9556, implying about 15.27% upside from the latest close. The target range is wide, from a low of $315.00 to a high of $450.00, reflecting meaningful disagreement among analysts. Within the consumer finance industry, AXP ranks first in terms of analyst coverage, above the sector average. ## The Week Ahead Next week brings a fuller macro calendar: NFIB small business optimism on Tuesday (8 Sep), followed on Thursday (10 Sep) by initial jobless claims, final demand PPI, core PPI, existing home sales, wholesale sales, and the 10-year Treasury auction. American Express reports fiscal Q3 earnings later, on Friday (23 Oct), before market open, with estimates at $4.5922 in EPS and $20.1 billion in revenue. In the near term, Treasury yields and consumer credit data are the two areas to watch. ## In Short American Express underperformed this week by about 2.2 percentage points, while the consensus rating remains buy and the consensus target sits roughly 15% above spot. That leaves a pull between short-term price pressure and a more favourable medium-term view from brokers. The repeated focus on softer Q2 revenue versus peers, together with a target range spanning $315 to $450, suggests the debate is far from settled. The next inputs are macro and rates data, and then the October earnings report to see whether revenue can answer the relative-performance question. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [AXP.US](https://longbridge.com/en/quote/AXP.US.md) ## Related News & Research - [Commerzbank Aktiengesellschaft FI Invests $5.89 Million in American Express Company $AXP](https://longbridge.com/en/news/296195998.md) - [BUZZ-American Express falls as investors look past Q2 profit beat](https://longbridge.com/en/news/293756630.md) - [American Express Cardholders Spent $455.8 Billion Last Quarter. Here's What That Means for the Stock.](https://longbridge.com/en/news/293788411.md) - [American Express rides a boom in Platinum cards to its strongest spending growth in years](https://longbridge.com/en/news/293752146.md) - [Warren Buffett Has Held American Express for Decades. Should You Own It Too?](https://longbridge.com/en/news/283810187.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**