Axos Financial (NYSE:AX) PT Raised to $80.00 at Wedbush

Axos Financial (NYSE:AX) had its price objective increased by Wedbush from $60.00 to $80.00 in a research report report published on Wednesday morning, Benzinga reports. The brokerage currently has a neutral rating on the stock. Wedbush also issued estimates for Axos Financial’s Q1 2025 earnings at $1.89 EPS, Q2 2025 earnings at $1.88 EPS, Q3 2025 earnings at $1.88 EPS, Q4 2025 earnings at $1.96 EPS, FY2025 earnings at $7.60 EPS, Q1 2026 earnings at $2.11 EPS and Q2 2026 earnings at $2.15 EPS.

Other equities research analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods cut shares of Axos Financial from an outperform rating to a market perform rating and set a $79.00 price objective for the company. in a research report on Wednesday. Piper Sandler increased their price objective on Axos Financial from $68.00 to $84.00 and gave the stock an overweight rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Axos Financial presently has an average rating of Hold and a consensus price target of $81.00.

Axos Financial Stock Performance

Axos Financial stock opened at $67.22 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.07. The firm has a market capitalization of $3.83 billion, a P/E ratio of 9.12 and a beta of 1.43. Axos Financial has a 1-year low of $32.05 and a 1-year high of $79.15. The company’s 50-day moving average is $60.15 and its 200 day moving average is $55.83.

Axos Financial (NYSE:AX) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $1.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.80. Axos Financial had a return on equity of 18.57% and a net margin of 23.96%. The firm had revenue of $484.29 million during the quarter, compared to analyst estimates of $296.02 million. During the same period last year, the company earned $1.50 EPS. Research analysts forecast that Axos Financial will post 7.25 EPS for the current year.

Institutional Investors Weigh In On Axos Financial

Hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its holdings in Axos Financial by 114.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 795,381 shares of the company’s stock worth $43,428,000 after buying an additional 423,930 shares during the period. Norges Bank purchased a new stake in shares of Axos Financial during the 4th quarter worth $21,573,000. Cubist Systematic Strategies LLC boosted its position in Axos Financial by 167.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 369,759 shares of the company’s stock valued at $20,189,000 after purchasing an additional 231,722 shares in the last quarter. M&G Plc purchased a new position in Axos Financial in the first quarter valued at about $8,249,000. Finally, Epoch Investment Partners Inc. bought a new position in Axos Financial in the first quarter worth about $7,829,000. Hedge funds and other institutional investors own 83.79% of the company’s stock.

About Axos Financial

Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.