Axos Financial, Inc. (AX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Axos Financial, Inc. Do?
Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate term unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text messaging banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada. Axos Financial, Inc. (AX) is classified as a mid-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Gregory Garrabrants and employs approximately 1,340 people, headquartered in SAN DIEGO, Nevada. With a market capitalization of $4.9B, AX is one of the notable companies in the Financials sector.
Axos Financial, Inc. (AX) Stock Rating — Hold (April 2026)
As of April 2026, Axos Financial, Inc. receives a Hold rating with a composite score of 50.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.AX ranks #1,910 out of 4,446 stocks in our coverage universe. Within the Financials sector, Axos Financial, Inc. ranks #547 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AX Stock Price and 52-Week Range
Axos Financial, Inc. (AX) currently trades at $93.61. The 52-week high for AX is $101.92, which means the stock is currently trading -8.2% from its annual peak. The 52-week low is $54.46, putting the stock 71.9% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.
Is AX Overvalued or Undervalued? — Valuation Analysis
Axos Financial, Inc. (AX) carries a value factor score of 55/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 10.66x, compared to the Financials sector average of 14.88x — a discount of 28%. The price-to-book ratio stands at 1.73x, versus the sector average of 1.22x. The price-to-sales ratio is 2.81x, compared to 0.90x for the average Financials stock. On an enterprise value basis, AX trades at 7.53x EV/EBITDA, versus 3.26x for the sector.
Overall, AX's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Axos Financial, Inc. Profitability — ROE, Margins, and Quality Score
Axos Financial, Inc. (AX) earns a quality factor score of 44/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 16.2%, compared to the Financials sector average of 8.5%, which is within a healthy range. Return on assets (ROA) comes in at 1.7% versus the sector average of 1.2%.
On a margin basis, Axos Financial, Inc. reports gross margins of 86.1%. The operating margin is 33.5% (sector: 21.8%). Net profit margin stands at 26.7%, versus 17.7% for the average Financials stock. Revenue growth is running at 6.1% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
AX Debt, Balance Sheet, and Financial Health
Axos Financial, Inc. has a debt-to-equity ratio of 862.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.12x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.60B. Cash and equivalents stand at $1.01B.
AX has a beta of 1.07, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Axos Financial, Inc. is 73/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
Axos Financial, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Axos Financial, Inc. reported revenue of $1.80B and earnings per share (EPS) of $2.27. Net income for the quarter was $474M. Gross margin was 86.1%. Operating income came in at $527M.
In Q2 2026, Axos Financial, Inc. reported revenue of $514M and earnings per share (EPS) of $2.27. Net income for the quarter was $128M. Revenue grew 33.4% year-over-year compared to Q2 2025. Operating income came in at $176M.
In Q2 2025, Axos Financial, Inc. reported revenue of $385M and earnings per share (EPS) of $2.27. Net income for the quarter was $128M. Gross margin was 86.1%. Operating income came in at $53M.
In Q1 2026, Axos Financial, Inc. reported revenue of $466M and earnings per share (EPS) of $1.99. Net income for the quarter was $112M. Revenue grew -3.8% year-over-year compared to Q1 2025. Operating income came in at $150M.
Over the past 8 quarters, Axos Financial, Inc. has demonstrated a growth trajectory, with revenue expanding from $65M to $1.80B. Investors analyzing AX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AX Dividend Yield and Income Analysis
Axos Financial, Inc. (AX) does not currently pay a dividend. This is common among smaller companies in the Banking industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.
AX Momentum and Technical Analysis Profile
Axos Financial, Inc. (AX) has a momentum factor score of 68/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 47/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 6/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
AX vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, Axos Financial, Inc. (AX) ranks #547 out of 891 stocks based on the Blank Capital composite score. This places AX in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing AX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AX vs S&P 500 (SPY) comparison to assess how Axos Financial, Inc. stacks up against the broader market across all factor dimensions.
AX Next Earnings Date
No upcoming earnings date has been announced for Axos Financial, Inc. (AX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AX? — Investment Thesis Summary
Axos Financial, Inc. presents a balanced picture with arguments on both sides. Price momentum is positive at 68/100, suggesting the trend favors buyers. Low volatility (stability score 73/100) reduces downside risk.
In summary, Axos Financial, Inc. (AX) earns a Hold rating with a composite score of 50.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AX stock.
Related Resources for AX Investors
Explore more research and tools: AX vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AX head-to-head with peers: AX vs WTM, AX vs OPY, AX vs ACT.