Analysts Expect 11% Gains Ahead For The Holdings of XSMO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
0mins
Source: NASDAQ.COM
ETF Analysis: The Invesco S&P SmallCap Momentum ETF (XSMO) has an implied analyst target price of $76.66, indicating a potential upside of 10.61% from its current trading price of $69.31.
Stock Performance Insights: Notable underlying holdings such as Axos Financial Inc, Employers Holdings Inc, and Palomar Holdings Inc show significant upside potential based on analyst targets, raising questions about the validity of these projections amidst market developments.
Analyst Views on AX
Wall Street analysts forecast AX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AX is 104.83 USD with a low forecast of 100.00 USD and a high forecast of 107.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 96.290
Low
100.00
Averages
104.83
High
107.50
Current: 96.290
Low
100.00
Averages
104.83
High
107.50
About AX
Axos Financial Inc. is the holding company for Axos Bank (the Bank), Axos Clearing LLC and Axos Invest, Inc. The Bank provides consumer and commercial banking products through its digital online and mobile banking platforms. Its segments include Banking Business and Securities Business. The Banking Business Segment includes a broad range of banking services, including online banking, concierge banking, and mortgage, vehicle and unsecured lending through online, low-cost distribution channels to serve the needs of consumers and small businesses nationally. In addition, the Banking Business Segment focuses on depositing products nationwide to industry verticals. The Securities Business Segment includes the clearing broker-dealer, registered investment advisor custody business, and introducing broker-dealer lines of businesses. These lines of business offer products independently to their own customers as well as to Banking Business Segment clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
