
Axis Capital (AXS) Stock Forecast & Price Target
Axis Capital (AXS) Analyst Ratings
Bulls say
Axis Capital Holdings Ltd has demonstrated consistent outperformance against benchmarks such as the S&P 500 and the KBW Insurance Index over various time periods, highlighting the company's strong focus on specialty insurance and effective reserve management. The company’s estimated overstatement in year-end 2024 net reserves, along with favorable developments across previous accident years, reinforces confidence in its reserve adequacy and underwriting practices. Additionally, forecasts for earnings per share have been adjusted upward, indicating a positive outlook for profitability driven by share repurchases, despite a modest decline in investment income.
Bears say
Axis Capital Holdings Ltd faces a challenging outlook due to an estimated overstatement of year-end 2023 reserves by approximately $542 million, which raises concerns about the adequacy of its financial cushion. Additionally, rising ratios suggest potential issues with conservative incurred but not reported (IBNR) reserving practices and lower earned rate levels, signaling possible underlying weaknesses in the company’s profitability. These factors combine to indicate that significant reserve strengthening for 2024 and 2025 is highly unlikely, further exacerbating the company’s financial vulnerabilities.
This aggregate rating is based on analysts' research of Axis Capital and is not a guaranteed prediction by Public.com or investment advice.
Axis Capital (AXS) Analyst Forecast & Price Prediction
Start investing in Axis Capital (AXS)
Order type
Buy in
Order amount
Est. shares
0 shares