If you have an eligible American Express card, you can transfer your Membership Rewards points to a roster of 18 airlines and three hotel chains.
American Express benefits from increased spending by Millennials and Gen Z, who prioritize experiences over possessions. Click here to read why AXP is a Buy.
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.
Check out our list of how much money each player in the field came away with at the 2025 American Express, played in Palm Springs, Calif.
Argus raised the firm’s price target on American Express (AXP) to $350 from $305 and keeps a Buy rating on the shares. American Express’ Q4
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $324.82, a high estimate of $350.00, and a low estimate of $301.00. This current average has increased by 9.11% from the previous average price target of $297.70.
American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays, a tailwind the firm said it expects will continue.
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
Wall Street analysts raised their price targets on American Express after the company's strong Q4 earnings, with revenue growth of 9% and plans for further growth in 2025 and 2026.
American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products.
Copyright 2025 The Associated Press. All Rights Reserved. An American Express card is shown on Jan. 18, 2024, in Atlanta. (AP Photo/Mike Stewart, File) Updated [hour ...
American Express shares fell 1.4% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.04 a share,