Axis Capital (AXS) Receives a Buy from Bank of America Securities

In a report released today, Joshua Shanker from Bank of America Securities maintained a Buy rating on Axis Capital, with a price target of $117.00. The company’s shares closed last Friday at $96.21.

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According to TipRanks, Shanker is a 5-star analyst with an average return of 9.0% and a 62.88% success rate. Shanker covers the Financial sector, focusing on stocks such as Progressive, Chubb, and Renaissancere Holdings.

Currently, the analyst consensus on Axis Capital is a Strong Buy with an average price target of $118.57, implying a 23.24% upside from current levels. In a report released on October 8, UBS also maintained a Buy rating on the stock with a $120.00 price target.

Based on Axis Capital’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.63 billion and a net profit of $223.36 million. In comparison, last year the company earned a revenue of $1.46 billion and had a net profit of $211.96 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AXS in relation to earlier this year. Most recently, in August 2025, Henry Smith, a Director at AXS sold 3,500.00 shares for a total of $345,345.00.