American Express Company (AXP) Anticipates a Strong 2026 Profit as Affluent Spending Continues

American Express Company (NYSE:AXP) is among the 12 Best Digital Currency and Payments Stocks to Buy Right Now.

Reuters reported on January 30, 2026, that American Express Company (NYSE:AXP) projected revenue growth of 9% to 10% and earnings per share of $17.30 to $17.90 in 2026, with the midpoint above the $17.41 analyst expectation. The outlook shows strong spending by its primarily affluent consumer base. Billed business for the fourth quarter climbed by 9% to $445.1 billion. Revenue climbed by 10% to $18.98 billion, while profit per share jumped to $3.53 from $3.04 the previous year.

AmEx card spending by retail customers in the United States shot up by 9% during the Thanksgiving holiday week, and overall spending jumped by 7.7%. Investors’ attention is focused on President Donald Trump’s proposed one-year restriction on credit card interest rates, which industry organizations oppose and analysts believe would require legislation and has little chance of succeeding. As per Reuters, the proposal impacted financial markets, causing them to fall earlier in January.

American Express Company (NYSE:AXP) operates card issuing, merchant acquiring, and card network services. Its offerings include CDs, savings accounts, corporate programs, gift cards, business credit cards, credit cards, and the American Express App.

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Disclosure: None. This article is originally published at Insider Monkey.