American Axle & Manufacturing Holdings, Inc. (AXL)
NYSE: AXL · IEX Real-Time Price · USD
7.36
-0.02 (-0.27%)
Mar 28, 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 7.70, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 4.62% from the current stock price of 7.36.
Analyst Consensus: Hold
* Price targets were last updated on Feb 28, 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 4 | 4 | 3 | 3 | 3 |
Sell | 0 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 1 | 0 | 0 |
Total | 4 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Strong Sell → Hold Upgrades $7 | Strong Sell → Hold | Upgrades | $7 | -4.89% | Feb 28, 2024 |
UBS | UBS | Hold → Strong Sell Downgrades $8 → $6.5 | Hold → Strong Sell | Downgrades | $8 → $6.5 | -11.68% | Jan 17, 2024 |
B of A Securities | B of A Securities | Hold → Sell Downgrades $9 → $8 | Hold → Sell | Downgrades | $9 → $8 | +8.70% | Nov 28, 2023 |
RBC Capital | RBC Capital | Hold Maintains $8 → $6 | Hold | Maintains | $8 → $6 | -18.48% | Nov 6, 2023 |
Citigroup | Citigroup | Hold Maintains $9 → $7.5 | Hold | Maintains | $9 → $7.5 | +1.90% | Oct 11, 2023 |
Financial Forecast
Revenue This Year
6.25B
from 6.08B
Increased by 2.72%
Revenue Next Year
6.28B
from 6.25B
Increased by 0.62%
EPS This Year
0.29
from -0.29
EPS Next Year
0.46
from 0.29
Increased by 57.85%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 6.6B | 6.6B | 6.8B |
Avg | 6.2B | 6.3B | 6.3B |
Low | 5.9B | 6.0B | 5.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 8.3% | 6.2% | 7.8% |
Avg | 2.7% | 0.6% | -0.2% |
Low | -2.3% | -3.8% | -8.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.64 | 1.18 | 1.26 |
Avg | 0.29 | 0.46 | 0.89 |
Low | 0.11 | 0.10 | 0.52 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 300.4% | 171.8% |
Avg | - | 57.9% | 91.3% |
Low | - | -66.6% | 12.0% |
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.