American Express Stock at $315: Buy, Sell or Hold?

Q1 2026 results beat expectations with EPS of $4.28 versus $3.99, revenue of $18.907 billion, net income up 14.98%, and billed business growing 10% to $428 billion. Full-year guidance was reaffirmed at 9% to 10% revenue growth and EPS of $17.30 to $17.90. Credit quality improved as the net write-off rate fell to 2% from 2.1%, while CFO Christophe Le Caillec said write-off dollars rose only 4% year over year as NII grew at a double-digit pace. Gen Z spending increased 38%, millennials increased 13%, and over 70% of new accounts were on fee-paying products. Forward P/E was 18 with ROE of 34.4%, while the sell-off followed concerns about heavier marketing and technology reinvestment and tariff-linked macro risks.

Read at 24/7 Wall St.