AXS Price Prediction Next Week
Prediction and Recommendation for AXS Stock
Based on the analysis of news sentiment and technical indicators, here is the prediction and recommendation for AXS stock:
News Sentiment Analysis:
- Positive News: Axis Capital approved a $400M share repurchase program and reported strong Q4 earnings with an operating EPS of $2.97, exceeding consensus estimates of $2.58. This indicates strong financial performance and positive market sentiment.
- Upcoming Event: The meeting with Roth MKM on March 13 could provide further positive momentum, as Roth MKM has a Buy rating on AXS.
Technical Indicators Analysis:
- RSI (14): 47.28 (neutral, not overbought or oversold).
- MACD: Positive (0.98), indicating bullish momentum.
- SMA: The stock is trading above the 20-day SMA (93.10), which is a bullish signal.
- Fibonacci Levels: The stock is trading above the pivot level of 94.46, indicating potential upside.
Price Prediction:
Based on the analysis, the stock is expected to rise to $94.50 in the next trading week.
Recommendation:
Buy AXS stock as the combination of strong earnings, positive news sentiment, and bullish technical indicators suggests upward momentum.
AXS Similar Chart Price Prediction
The price of AXS is predicted to go up 5.95%, based on the high correlation periods with WY. The similarity of these two price pattern on the periods is 93.28%.
AXS
WY
Up: 5.95%Similarity: 93.28%
AXS Revenue Forecast
AXS EPS Forecast
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AXS Analyst's Forecast
Meyer Shields
Keefe, Bruyette & Woods
Buy
2025-03-13
Price Target
$115 → $118
Upside
+28.82%
Keefe Bruyette analyst Meyer Shields raised the firm's price target on Axis Capital to $118 from $115 and keeps an Outperform rating on the shares. The firm has increased confidence in Axis Capital's overall reserve adequacy, the analyst tells investors in a research note.
Elyse Greenspan
Wells Fargo
Hold
2025-01-14
Price Target
$89 → $85
Downside
-2.77%
Charlie Lederer
BMO Capital
Hold
2025-01-13
Price Target
$93
Upside
+8.48%
