Wedbush Has Negative Forecast for Axos Financial Q1 Earnings

Axos Financial, Inc. (NYSE:AX) – Investment analysts at Wedbush cut their Q1 2026 earnings estimates for shares of Axos Financial in a report issued on Thursday, October 31st. Wedbush analyst D. Chiaverini now expects that the company will post earnings per share of $1.75 for the quarter, down from their prior forecast of $2.06. Wedbush has a “Neutral” rating and a $75.00 price objective on the stock. The consensus estimate for Axos Financial’s current full-year earnings is $6.97 per share. Wedbush also issued estimates for Axos Financial’s Q2 2026 earnings at $1.78 EPS and FY2026 earnings at $7.25 EPS.

AX has been the topic of a number of other reports. Piper Sandler lifted their target price on shares of Axos Financial from $68.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Raymond James lifted their price target on shares of Axos Financial from $67.00 to $81.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Keefe, Bruyette & Woods increased their price objective on Axos Financial from $72.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday. Finally, Needham & Company LLC lifted their target price on Axos Financial from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.80.

Axos Financial Stock Down 2.8 %

NYSE AX opened at $65.85 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. Axos Financial has a 52 week low of $32.05 and a 52 week high of $79.15. The business’s fifty day simple moving average is $64.88 and its 200-day simple moving average is $61.57. The firm has a market cap of $3.76 billion, a PE ratio of 7.97 and a beta of 1.38.

Axos Financial (NYSE:AX) last released its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.16. The company had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same quarter in the previous year, the company posted $1.41 earnings per share.

Insider Buying and Selling at Axos Financial

In other news, EVP Andrew J. Micheletti sold 5,197 shares of Axos Financial stock in a transaction on Monday, September 9th. The stock was sold at an average price of $63.13, for a total value of $328,086.61. Following the completion of the sale, the executive vice president now directly owns 424,149 shares of the company’s stock, valued at approximately $26,776,526.37. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 5.07% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Axos Financial

A number of hedge funds have recently added to or reduced their stakes in AX. Hollencrest Capital Management purchased a new stake in shares of Axos Financial during the second quarter worth $25,000. EntryPoint Capital LLC increased its holdings in Axos Financial by 816.7% during the 1st quarter. EntryPoint Capital LLC now owns 495 shares of the company’s stock worth $27,000 after purchasing an additional 441 shares during the period. Kathleen S. Wright Associates Inc. acquired a new stake in Axos Financial in the 3rd quarter valued at about $27,000. Farther Finance Advisors LLC boosted its stake in shares of Axos Financial by 881.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock valued at $41,000 after buying an additional 582 shares during the period. Finally, Advisors Asset Management Inc. grew its position in shares of Axos Financial by 122.5% during the first quarter. Advisors Asset Management Inc. now owns 901 shares of the company’s stock worth $49,000 after buying an additional 496 shares in the last quarter. 83.79% of the stock is currently owned by institutional investors and hedge funds.

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.