American Express Company (NYSE:AXP) is one of the Best Fundamental Stocks to Invest in According to Billionaires. On April 23, BofA Securities lifted its price objective on the company’s stock to $387 from $381, while maintaining a “Buy” rating. The firm noted the company’s healthy Q1 2026 results that surpassed expectations for revenue and earnings. Notably, American Express Company (NYSE:AXP)’s Q1 2026 consolidated total revenues net of interest expense came in at $18.9 billion, reflecting a rise of 11% YoY. Diluted EPS stood at $4.28, reflecting 18% YoY growth.
The results demonstrated better revenue and credit provisions, which were partially mitigated by increased operating expenses. The firm believes that results were consistent with its view, as premium consumers continue to perform well. American Express Company (NYSE:AXP) maintained its full-year guidance, with the company providing additional disclosure noting the success of the Platinum card refresh and engagement strength.
American Express Company (NYSE:AXP) is an integrated payments company.
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