Wedbush Issues Negative Estimate for Axos Financial Earnings

Axos Financial, Inc. (NYSE:AX) – Wedbush lowered their Q1 2026 earnings estimates for Axos Financial in a note issued to investors on Thursday, October 31st. Wedbush analyst D. Chiaverini now forecasts that the company will earn $1.75 per share for the quarter, down from their prior estimate 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 $6.97 per share. Wedbush also issued estimates for Axos Financial’s Q2 2026 earnings at $1.78 EPS and FY2026 earnings at $7.25 EPS.

Axos Financial (NYSE:AX) last issued its earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.16. The company had revenue of $512.87 million during 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 last year, the business posted $1.41 EPS.

A number of other brokerages also recently issued reports on AX. Keefe, Bruyette & Woods raised their target price on Axos Financial from $72.00 to $74.00 and gave the stock a “market perform” rating in a research note on Friday. Needham & Company LLC increased their target price on Axos Financial from $82.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Piper Sandler upped their target price on Axos Financial from $68.00 to $84.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st. Finally, Raymond James increased their price target on Axos Financial from $67.00 to $81.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.80.

Axos Financial Stock Performance

NYSE AX opened at $65.21 on Monday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 7.96 and a beta of 1.38. The stock has a 50-day moving average of $64.88 and a 200 day moving average of $61.66. Axos Financial has a twelve month low of $32.05 and a twelve month high of $79.15.

Insider Buying and Selling at Axos Financial

In other news, EVP Andrew J. Micheletti sold 5,197 shares of the stock in a transaction that occurred 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. This represents a 0.00 % 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 this hyperlink. Company insiders own 5.07% of the company’s stock.

Institutional Trading of Axos Financial

Several hedge funds have recently bought and sold shares of AX. Hollencrest Capital Management acquired a new stake in Axos Financial in the 2nd quarter valued at approximately $25,000. EntryPoint Capital LLC grew its stake in shares of 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 acquiring an additional 441 shares in the last quarter. Kathleen S. Wright Associates Inc. bought a new stake in shares of Axos Financial in the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in Axos Financial in the 3rd quarter valued at $41,000. Finally, Farther Finance Advisors LLC lifted its position in Axos Financial by 881.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock worth $41,000 after buying an additional 582 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.