Axos Financial (NYSE:AX – Free Report) had its price objective upped by Jefferies Financial Group from $110.00 to $115.00 in a research note published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
Other analysts also recently issued reports about the company. Keefe, Bruyette & Woods increased their price target on Axos Financial from $100.00 to $110.00 and gave the company a “market perform” rating in a report on Friday. DA Davidson increased their target price on Axos Financial from $107.50 to $112.00 and gave the company a “buy” rating in a research note on Friday. Needham & Company LLC raised their target price on Axos Financial from $107.00 to $110.00 and gave the company a “buy” rating in a report on Friday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Axos Financial in a research report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $104.50.
Check Out Our Latest Stock Report on AX
Axos Financial Trading Up 4.8%
Axos Financial (NYSE:AX – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.18. Axos Financial had a net margin of 22.66% and a return on equity of 17.36%. The company had revenue of $385.09 million during the quarter, compared to the consensus estimate of $345.89 million. During the same period in the previous year, the firm earned $1.82 earnings per share. Axos Financial’s revenue for the quarter was up 25.1% on a year-over-year basis. On average, sell-side analysts predict that Axos Financial will post 7.22 EPS for the current year.
Insider Buying and Selling
In related news, Director Tamara N. Bohlig sold 2,145 shares of Axos Financial stock in a transaction on Monday, December 8th. The shares were sold at an average price of $86.23, for a total value of $184,963.35. Following the completion of the sale, the director owned 12,919 shares in the company, valued at approximately $1,114,005.37. The trade was a 14.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward James Ratinoff sold 2,145 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $84.59, for a total transaction of $181,445.55. Following the completion of the sale, the director directly owned 46,209 shares in the company, valued at $3,908,819.31. This represents a 4.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.85% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Axos Financial
A number of hedge funds have recently bought and sold shares of AX. Royal Bank of Canada raised its stake in Axos Financial by 0.9% during the first quarter. Royal Bank of Canada now owns 108,986 shares of the company’s stock valued at $7,031,000 after buying an additional 1,015 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Axos Financial by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,539 shares of the company’s stock valued at $2,099,000 after acquiring an additional 1,429 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Axos Financial during the 1st quarter valued at approximately $212,000. Wealth Enhancement Advisory Services LLC lifted its stake in Axos Financial by 32.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 10,586 shares of the company’s stock worth $888,000 after purchasing an additional 2,569 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in Axos Financial by 24.5% during the second quarter. Truist Financial Corp now owns 12,483 shares of the company’s stock worth $949,000 after purchasing an additional 2,457 shares during the last quarter. 83.79% of the stock is currently owned by institutional investors and hedge funds.
Key Axos Financial News
Here are the key news stories impacting Axos Financial this week:
- Positive Sentiment: Q2 results beat expectations — Axos reported $2.25 EPS (vs. $2.07 consensus) and $385.1M revenue (vs. $345.9M est.), with a 22.4% net margin and solid ROE; revenue rose ~25% YoY, underscoring operating leverage. Read More.
- Positive Sentiment: Management guided to low- to mid‑teens loan growth for 2026 as it integrates the Verdant acquisition, signaling an emphasis on loan book expansion as a growth driver. Read More.
- Positive Sentiment: Analyst upgrades/price-target raises: Jefferies raised its target to $115 and keeps a Buy rating (largest reported upside), Needham raised to $110 and retains Buy, and Keefe, Bruyette & Woods raised to $110 (Market Perform) — these lifts support further upside expectations. Read More.
- Neutral Sentiment: Investor materials and earnings call are available — slides, the conference-call transcript and presentation give more detail on margins, capital, and the Verdant integration for those modeling FY2026. Read More.
Axos Financial Company Profile
Axos Financial, Inc (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.
Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts.
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