American Axle & Manufacturing Holdings, Inc. (AXL)
NYSE: AXL · IEX Real-Time Price · USD
6.99
-0.36 (-4.90%)
At close: Jul 19, 2024, 4:00 PM
7.02
+0.03 (0.43%)
Pre-market: Jul 22, 2024, 8:23 AM EDT
AXL Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for AXL stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 14.45% from the current stock price of 6.99.
Analyst Consensus: Hold
* Price targets were last updated on May 6, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +14.45% | May 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $7.5 → $8 | Hold | Maintains | $7.5 → $8 | +14.45% | May 6, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $7 | Strong Sell → Hold | Upgrades | $7 | +0.14% | Feb 28, 2024 |
| UBS | UBS | Hold → Strong Sell Downgrades $8 → $6.5 | Hold → Strong Sell | Downgrades | $8 → $6.5 | -7.01% | Jan 17, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $9 → $8 | Hold → Sell | Downgrades | $9 → $8 | +14.45% | Nov 28, 2023 |
Financial Forecast
Revenue This Year
6.33B
from 6.08B
Increased by 4.05%
Revenue Next Year
6.36B
from 6.33B
Increased by 0.46%
EPS This Year
0.38
from -0.29
EPS Next Year
0.63
from 0.38
Increased by 66.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7B | 7.0B | 6.9B |
| Avg | 6.3B | 6.4B | 6.4B |
| Low | 6.0B | 5.9B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 10.8% | 8.4% |
| Avg | 4.1% | 0.5% | 0.3% |
| Low | -0.8% | -6.0% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.58 | 1.31 | 1.25 |
| Avg | 0.38 | 0.63 | 0.83 |
| Low | 0.25 | 0.27 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 246.8% | 98.2% |
| Avg | - | 66.6% | 31.0% |
| Low | - | -27.5% | -44.0% |
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.