American Express Surges to 44th in Daily Rankings with $1.696 Billion Turnover

On July 18, 2025, American Express (AXP) saw a significant surge in trading volume, with a turnover of $1.696 billion, marking a 67.14% increase from the previous day. This substantial rise in trading volume placed AXP at the 44th position in the daily stock market rankings. The stock price of American Express (AXP) decreased by 2.35%.

American Express reported a record second-quarter revenue of $17.9 billion, reflecting a 9% year-over-year increase. The company's earnings per share (EPS) for the quarter stood at $4.08, indicating a strong financial performance. This robust revenue growth was driven by a 7% year-over-year increase in card member spending, which reached a quarterly high of $416.3 billion. Additionally, net card fees surged by 20%, totaling $2.48 billion for the quarter.

American Express exceeded analyst expectations for both earnings and revenue in the second quarter of 2025. The company's earnings surprise was +5.70%, while the revenue surprise was +0.95%. This strong performance was fueled by premium customers and rising card fees, despite higher costs. The company's EPS for the quarter was $4.08, which was $0.21 better than the analyst estimate of $3.87. Revenue for the quarter came in at $17.86 billion, further solidifying the company's financial strength.

Looking ahead, American Express anticipates an annual revenue growth of 8-10% for the year. Analysts have set an average price target of $311.86 for the company, indicating a modest upside potential. The consensus from brokerage firms suggests a "Hold" status for American Express, with an average brokerage recommendation of 2.6 on a scale of 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.