Seeking Alpha
23 Oct 2026, 17:50 UTC · 1h ago
American Express: Why The Street Has Wrongly Thrown In The Towel (Rating Upgrade)
Impact · against what's priced in
American Express's Q3 results and FY2026 guidance provide evidence that the company is sustaining growth levels the market currently declines to believe in. The 9% revenue growth and mid-teens EPS prospects challenge the price's assumption of a sharp deceleration to 1.6% long-term growth.
- AXP+0.40
Challenges what's priced in
- The price assumes
Sustaining recent 10-11% billed business and revenue growth instead of decelerating to the 1.6% the price requires
The price assumes a deceleration to 1.6% revenue growth, but Q3 results delivered 9% growth and updated FY 2026 EPS guidance of $17.60–$17.90 supports the bull case for sustained mid-teens earnings growth.
What AXP's price assumes · Sep 4
