American Express (AXP) Shares Soar 3.32% in Three Days, Reach 2025 High

American Express (AXP) shares rose 0.30% today, marking the third consecutive day of gains, with a total increase of 3.32% over the past three days. The share price reached its highest level since March 2025, with an intraday gain of 1.18%.

The strategy of buying axp shares after they reached a recent high and holding for 1 week resulted in a 5-year total return of 56.55%. This is slightly below the 5-year total return of 117.78% when holding the stock for 5 years without any specific timing strategy. The weekly holding strategy might be less effective due to the shorter time frame and the potential for missing out on longer-term gains.

Recent performance has been a significant driver for American Express's stock price. The company's shares have shown strong momentum, with positive mid-day trading results contributing to investor confidence. This upward trend has been supported by favorable analyst ratings, which have played a crucial role in boosting market sentiment.

Analysts have recently upgraded their ratings for american express. Monness Crespi & Hardt increased their target price from $275.00 to $285.00 and maintained a "Buy" rating. Similarly, BofA Securities changed their rating from "Neutral" to "Buy," reflecting a growing optimism about the company's prospects. These positive ratings have likely influenced investor decisions, contributing to the stock's recent gains.

Another factor that could positively impact American Express's stock price is the company's decision to increase its dividend. This move is expected to enhance investor sentiment, as dividends are often seen as a reliable indicator of a company's financial health and future growth potential. By increasing its dividend, American Express is demonstrating its commitment to returning value to shareholders, which can attract more investors and drive up the stock price.

Ask Aime: What's driving American Express's stock price up?