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American Express Stock Edges Higher on New Business Tools Launch

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AXP
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American Express stock has edged higher as the company continues to launch new business tools that support its valuation.

The latest quarterly results showed revenue in the tens of billions of dollars with double-digit percent growth versus the same quarter a year earlier, and earnings per share increased by a mid-teens percent range year-over-year.

The introduction of these business savings and payroll tools is part of American Express's strategy to deepen relationships with small and mid-sized businesses by integrating payments, savings, and payroll functionality.

Analyst consensus on the stock remains broadly constructive, with an average price target of USD 373.32, representing approximately 19.9% upside from the closing price of USD 311.39 on September 18, 2026.

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