Axos Financial (NYSE:AX) Price Target Raised to $128.00

Axos Financial (NYSE:AX) had its target price boosted by equities research analysts at Needham & Company LLC from $110.00 to $128.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s price target would suggest a potential upside of 29.95% from the company’s current price.

AX has been the topic of a number of other reports. Weiss Ratings upgraded Axos Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. Raymond James Financial upgraded Axos Financial from an “outperform” rating to a “strong-buy” rating and cut their target price for the company from $110.00 to $100.00 in a research note on Tuesday, April 7th. Zacks Research downgraded Axos Financial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Finally, Benchmark started coverage on shares of Axos Financial in a research note on Wednesday, July 8th. They set a “buy” rating and a $115.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $113.33.

Axos Financial Stock Performance

Shares of AX opened at $98.50 on Friday. The firm has a market cap of $5.60 billion, a P/E ratio of 11.97 and a beta of 1.23. Axos Financial has a twelve month low of $74.89 and a twelve month high of $102.18. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.15. The firm’s 50 day moving average price is $93.10 and its two-hundred day moving average price is $91.79.

Axos Financial (NYSE:AX) last posted its quarterly earnings data on Thursday, July 30th. The company reported $2.53 EPS for the quarter, beating the consensus estimate of $2.16 by $0.37. The business had revenue of $379.77 million for the quarter, compared to analysts’ expectations of $375.54 million. Axos Financial had a net margin of 22.53% and a return on equity of 16.48%. During the same period in the previous year, the firm posted $1.94 EPS. On average, analysts forecast that Axos Financial will post 8.38 EPS for the current fiscal year.

Insider Transactions at Axos Financial

In related news, Director Roque A. Santi sold 500 shares of Axos Financial stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $87.77, for a total value of $43,885.00. Following the sale, the director owned 7,646 shares of the company’s stock, valued at approximately $671,089.42. The trade was a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael James Watson sold 1,653 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $83.77, for a total value of $138,471.81. Following the sale, the executive vice president owned 4,592 shares in the company, valued at $384,671.84. The trade was a 26.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.85% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. State Street Corp increased its position in shares of Axos Financial by 0.5% during the 4th quarter. State Street Corp now owns 2,696,323 shares of the company’s stock worth $232,315,000 after purchasing an additional 13,669 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Axos Financial by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,177,003 shares of the company’s stock valued at $185,234,000 after buying an additional 7,509 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Axos Financial by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 1,775,539 shares of the company’s stock valued at $154,687,000 after buying an additional 62,269 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Axos Financial by 8.6% in the second quarter. Ameriprise Financial Inc. now owns 740,652 shares of the company’s stock valued at $56,319,000 after buying an additional 58,774 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Axos Financial by 7.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 721,572 shares of the company’s stock valued at $62,171,000 after buying an additional 52,250 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

More Axos Financial News

Here are the key news stories impacting Axos Financial this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Axos reported adjusted earnings of $2.53 per share, above the roughly $2.15–$2.16 consensus estimate, while revenue reached $379.77 million versus expectations of $375.54 million. Adjusted EPS also increased from $1.94 a year earlier. Axos Financial Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Underlying profitability improved year over year. Fiscal fourth-quarter net income rose to $124.9 million from $110.7 million, and reported diluted EPS increased to $2.16 from $1.92 in the prior-year period. Axos posted a 22.53% net margin and 16.48% return on equity. Axos Financial Reports Fiscal Year 2026 Results
• Positive Sentiment: Management projects continued loan growth. Axos forecast low- to mid-teens loan growth and expects its net interest margin to remain stable, signaling confidence in lending demand and core banking performance. Axos Forecasts Loan Growth and Stable Net Interest Margin
• Neutral Sentiment: The Arc integration adds a near-term cost consideration. Management expects approximately $1 million per month in incremental expenses from the integration, which could restrain operating leverage even as the acquisition supports longer-term growth.

About Axos Financial

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.