Raymond James Raises Price Target for Axos Financial to $95.00, Maintaining Outperform Rating

Raymond James analyst Daniel Tamayo reiterated his "Outperform" rating on Axos Financial (AX) and raised the price target to $95.00 from $90.00, a 5.56% increase. Historical ratings and analyst forecasts show an average target price of $91.00 with a high estimate of $100.00 and a low estimate of $78.00, indicating a 3.57% upside from the current price. The average brokerage recommendation is 1.8, indicating "Outperform" status.

Axos Financial (AX) has seen a significant shift in analyst sentiment, with Raymond James analyst Daniel Tamayo reiterating his "Outperform" rating and raising the price target to $95.00 from $90.00, a 5.56% increase. This move comes amidst a broader trend of upward price target revisions, indicating a positive outlook from financial experts.

Historical ratings and analyst forecasts reveal an average target price of $91.00, with a high estimate of $100.00 and a low estimate of $78.00. This suggests a 3.57% upside from the current price, signaling potential growth opportunities for investors. The average brokerage recommendation stands at 1.8, which translates to an "Outperform" status, further bolstering the positive sentiment.

Analysts' actions are influenced by changes in market conditions and company performance. For instance, Kelly Motta from Keefe, Bruyette & Woods recently raised the price target to $94.00 from $90.00 [1]. Similarly, Kyle Peterson from Needham set a target price of $102.00, reflecting a bullish outlook [1]. These adjustments underscore the evolving sentiments among financial experts.

In addition to price targets, analysts' ratings provide qualitative insights into the relative performance of Axos Financial compared to the broader market. Over the past three months, seven analysts have evaluated AX, offering a diverse range of opinions from bullish to bearish. The current distribution of ratings indicates a majority of analysts are optimistic about AX's future prospects [2].

Key financial indicators also support a positive outlook. Axos Financial's market capitalization, net margin, and return on equity (ROE) exceed industry averages, reflecting strong financial health and profitability. The company's debt-to-equity ratio is below industry standards, indicating a balanced approach to debt financing [2].

Investors should stay informed about these developments and consider the broader market trends when making investment decisions. As analysts continue to update their ratings and price targets, the evolving sentiment will provide valuable insights into AX's future performance.

References:
[1] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24AX+Given+%2494.0+Price+Target
[2] https://www.benzinga.com/insights/analyst-ratings/25/07/46755449/where-axos-financial-stands-with-analysts