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American Express Stock Hits Record $72B Revenue as Platinum Refresh Delivers
American Express (AXP) achieved record full-year 2025 revenue of $72 billion, a 10% increase year-over-year, driven significantly by the successful Platinum card refresh which boosted travel bookings and luxury spending. Despite intentional investments in premium card services leading to a deliberate cost increase, the company delivered strong EPS growth and returned $7.6 billion to shareholders. TIKR’s model suggests a 57% upside for American Express stock from its current price, with management projecting continued revenue and EPS growth for 2026.