
Axis Capital (AXS) Stock Forecast & Price Target
Axis Capital (AXS) Analyst Ratings
Bulls say
Axis Capital Holdings Ltd has demonstrated consistent outperformance relative to the S&P 500 and the KBW Insurance Index over multiple timeframes, which is attributed to the company's year-end reserve charge and a growing appreciation from investors for its focus on specialty insurance. The company is expected to see improvements in core loss ratios in 2025, benefiting from a historical lag between pricing peaks and profitability, alongside the release of overstated net reserves that further bolster confidence in reserve adequacy. Additionally, projected increases in earnings per share for 2025 and 2026 reflect the positive impact of share repurchases and conservative reserving practices, setting the foundation for sustained profitability and potential multiple expansion.
Bears say
Axis Capital Holdings Ltd is experiencing challenges that could negatively impact its stock, primarily due to estimated overstatements in its year-end 2023 reserves, which are projected at $690 million, suggesting potential vulnerabilities in financial stability. The company’s rising ratios may indicate conservative Incurred But Not Reported (IBNR) reserving practices, which could reflect lower earned rate levels, thereby raising concerns about revenue generation effectiveness. Furthermore, the possibility of significant reserve strengthening in 2024 and 2025 is deemed unlikely, compounding the potential risks associated with the company’s financial outlook.
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
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