Wedbush Issues Negative Outlook for Axos Financial Earnings

Axos Financial, Inc. (NYSE:AX) – Analysts at Wedbush dropped their Q1 2026 earnings per share (EPS) estimates for Axos Financial in a research note issued to investors on Thursday, October 31st. Wedbush analyst D. Chiaverini now expects that the company will post earnings of $1.75 per share for the quarter, down from their previous forecast of $2.06. Wedbush currently has a “Neutral” rating and a $75.00 target price on the stock. The consensus estimate for Axos Financial’s current full-year earnings is $6.98 per share. Wedbush also issued estimates for Axos Financial’s Q2 2026 earnings at $1.78 EPS and FY2026 earnings at $7.25 EPS.

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

A number of other equities analysts also recently issued reports on AX. Piper Sandler lifted their price target on Axos Financial from $68.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Raymond James lifted their target price on 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 raised their price objective on Axos Financial from $72.00 to $74.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Finally, Needham & Company LLC lifted their price objective on shares of Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.80.

Axos Financial Trading Up 3.8 %

NYSE:AX opened at $67.70 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.08. Axos Financial has a one year low of $32.05 and a one year high of $79.15. The company has a market cap of $3.86 billion, a PE ratio of 8.17 and a beta of 1.38. The firm has a 50-day moving average of $64.81 and a 200-day moving average of $61.77.

Insider Buying and Selling

In other Axos Financial news, EVP Andrew J. Micheletti sold 5,197 shares of the company’s 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 transaction, the executive vice president now owns 424,149 shares in the company, valued at $26,776,526.37. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.07% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. American Century Companies Inc. grew its holdings in Axos Financial by 26.2% during the second quarter. American Century Companies Inc. now owns 1,549,748 shares of the company’s stock valued at $88,568,000 after purchasing an additional 321,494 shares during the period. Geneva Capital Management LLC grew its stake in shares of Axos Financial by 0.3% during the 3rd quarter. Geneva Capital Management LLC now owns 708,520 shares of the company’s stock worth $44,552,000 after acquiring an additional 1,976 shares during the period. Emerald Advisers LLC increased its holdings in Axos Financial by 14.4% in the 3rd quarter. Emerald Advisers LLC now owns 505,544 shares of the company’s stock worth $31,789,000 after acquiring an additional 63,458 shares during the last quarter. Emerald Mutual Fund Advisers Trust increased its holdings in Axos Financial by 10.5% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 422,460 shares of the company’s stock worth $26,564,000 after acquiring an additional 40,184 shares during the last quarter. Finally, Millennium Management LLC raised its stake in Axos Financial by 107.9% in the 2nd quarter. Millennium Management LLC now owns 367,251 shares of the company’s stock valued at $20,988,000 after acquiring an additional 190,584 shares during the period. 83.79% of the stock is owned by institutional investors.

Axos Financial Company Profile

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.