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American Express to Divest Stake in Global Business Travel

Story Highlights
  • American Express will sell its 30% stake in Global Business Travel Group as part of an acquisition deal.
  • The divestiture should yield $1.5 billion and a sizable gain, funding growth and shareholder returns while preserving partnerships.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Express to Divest Stake in Global Business Travel

Meet Samuel – Your Personal Investing Prophet

An announcement from American Express ( (AXP) ) is now available.

On May 4, 2026, American Express said it will divest its roughly 30% stake in Global Business Travel Group, Inc. as part of Long Lake and General Catalyst’s agreement to acquire GBTG, a move that underscores its focus on capital efficiency while maintaining strategic exposure to corporate travel through branding and commercial ties. The sale is expected to generate about $1.5 billion in proceeds and a pre-tax gain of approximately $975 million, which was not included in its prior 2026 earnings guidance, and the company plans to deploy part of the windfall into growth initiatives while returning a portion to shareholders, signaling potential upside for investors without disrupting existing customer arrangements.

The most recent analyst rating on (AXP) stock is a Hold with a $345.00 price target. To see the full list of analyst forecasts on American Express stock, see the AXP Stock Forecast page.

Spark’s Take on AXP Stock

According to Spark, TipRanks’ AI Analyst, AXP is a Outperform.

The score is driven primarily by strong financial quality (healthy margins/ROE and solid cash conversion) and a bullish earnings update with reaffirmed guidance and strong Q1 momentum. These positives are partially offset by mixed technical positioning (below longer-term moving averages) and financial watch items including elevated leverage and recent cash flow/margin softening.

To see Spark’s full report on AXP stock, click here.

More about American Express

American Express Company is a global financial services firm best known for its charge and credit cards, travel-related services, and payment solutions for consumers and businesses. The company focuses on premium customers and corporate clients, leveraging its network to provide financing, loyalty programs, and business travel-related benefits across key international markets.

Average Trading Volume: 3,717,155

Technical Sentiment Signal: Buy

Current Market Cap: $218.1B

For an in-depth examination of AXP stock, go to TipRanks’ Overview page.

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