American Axle & Manufacturing Holdings, Inc. (AXL)
NYSE: AXL · Real-Time Price · USD
6.11
-0.19 (-3.02%)
Oct 29, 2024, 4:00 PM EDT - Market closed
AXL Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for AXL stock have an average target of 7.10, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts an increase of 16.20% from the current stock price of 6.11.
Analyst Consensus: Hold
* Price targets were last updated on Sep 10, 2024.
Analyst Ratings
The average analyst rating for AXL stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Initiates $6 | Hold | Initiates | $6 | -1.80% | Sep 10, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $7 → $7.5 | Sell | Maintains | $7 → $7.5 | +22.75% | Aug 12, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $7 → $8 | Sell | Maintains | $7 → $8 | +30.93% | Jul 22, 2024 |
| UBS | UBS | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +30.93% | May 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $7.5 → $8 | Hold | Maintains | $7.5 → $8 | +30.93% | May 6, 2024 |
Financial Forecast
Revenue This Year
6.29B
from 6.08B
Increased by 3.41%
Revenue Next Year
6.28B
from 6.29B
Decreased by -0.11%
EPS This Year
0.31
from -0.29
EPS Next Year
0.55
from 0.31
Increased by 77.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.6B | 6.8B | 6.7B |
| Avg | 6.3B | 6.3B | 6.3B |
| Low | 6.1B | 6.0B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.8% | 8.2% | 6.8% |
| Avg | 3.4% | -0.1% | 0.2% |
| Low | -0.4% | -5.1% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.41 | 1.18 | 1.24 |
| Avg | 0.31 | 0.55 | 0.75 |
| Low | 0.20 | 0.33 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 275.1% | 123.2% |
| Avg | - | 77.0% | 35.7% |
| Low | - | 6.3% | -36.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.