American Express Shares Dip 0.03% on 79th Ranked $1.06 Billion Volume Despite 2024 Revenue Surge and Analysts' Buy Consensus

On September 2, 2025, American Express (AXP) closed with a 0.03% decline, trading at a volume of $1.06 billion, ranking 79th in market activity. The company, a global payments leader, operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. Its financial performance in 2024 showed a 9.3% revenue increase to $60.76 billion and 21.12% earnings growth to $10 billion.

Analysts maintain a "Buy" consensus for AXP, with a 12-month price target of $304.9, reflecting a 7.94% downside from current levels. Recent developments include partnerships with restaurant software firm Toast and the launch of the Fetch American Express card, emphasizing personalized dining rewards. Additionally, the Department of Justice dropped its antitrust lawsuit against Amex GBT’s acquisition of CWT, signaling regulatory clarity for its business travel segment.

Strategic moves such as expanding its alliance with AEG in live entertainment and introducing new co-branded cards underscore Amex’s focus on premium customer retention. The company also announced board additions, including Randal K. Quarles and Noel Wallace, enhancing its governance. Despite weaker-than-expected Q2 travel spending, particularly in economy-class airfare, Amex reported a 20% rise in card fees, driven by robust transaction growth in goods and services.

The backtest results indicate AXP’s revenue grew 9.3% in 2024 to $60.76 billion, with earnings up 21.12% to $10 billion. Analysts project a $304.9 price target, a 7.94% downside from the current price. On September 2, 2025, AXP closed down 0.03%, with a trading volume of $1.06 billion.