Great Ajax (AJX) Stock Forecast, Price Target & Predictions

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AJX Stock Forecast

Great Ajax stock forecast is as follows: an average price target of $11.00 (represents a 257.14% upside from AJX’s last price of $3.08) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

AJX Price Target

The average price target for Great Ajax (AJX) is $11.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $6.00. This represents a potential 257.14% upside from AJX's last price of $3.08.

AJX Analyst Ratings

Buy

According to 6 Wall Street analysts, Great Ajax's rating consensus is 'Buy'. The analyst rating breakdown for AJX stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Great Ajax Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Mar 21, 2024	Matt Howlett	B.Riley Financial	$6.00	$3.74	60.43%	94.81%
May 17, 2022	Merrill Ross	Compass Point	$16.00	$9.38	70.58%	419.48%
Apr 26, 2022	-	JMP Securities	$11.00	$9.48	16.03%	257.14%

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The latest Great Ajax stock forecast, released on Mar 21, 2024 by Matt Howlett from B.Riley Financial, set a price target of $6.00, which represents a 60.43% increase from the stock price at the time of the forecast ($3.74), and a 94.81% increase from AJX last price ($3.08).

Great Ajax Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$6.00
Last Closing Price	$3.08	$3.08	$3.08
Upside/Downside	-100.00%	-100.00%	94.81%

In the current month, the average price target of Great Ajax stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Great Ajax's last price of $3.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 20, 2024	BTIG	Neutral	Neutral	Hold
Jun 27, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Jun 23, 2023	Credit Suisse	Neutral	Neutral	Hold
May 17, 2022	Compass Point	-	Buy	Upgrade
May 17, 2022	Raymond James	Outperform	Outperform	Hold
Apr 26, 2022	JMP Securities	Market Outperform	Market Outperform	Hold

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Great Ajax's last stock rating was published by BTIG on Sep 20, 2024. The company gave AJX a "Neutral" rating, the same as its previous rate.

Great Ajax Financial Forecast

Great Ajax Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$3.92M	$3.60M	$3.80M	$540.00K	$39.47M	$10.52M	$8.77M	$7.32M	$7.20M	$8.22M	$8.34M	$7.56M	$10.22M	$8.45M	$6.57M	$9.96M	$9.97M	$9.86M
Avg Forecast	$15.57M	$15.16M	$14.93M	$14.64M	$13.97M	$12.68M	$10.66M	$9.23M	$6.18M	$7.30M	$5.68M	$3.92M	$7.29M	$8.39M	$7.34M	$6.08M	$11.32M	$14.10M	$18.33M	$19.48M	$18.30M	$19.86M	$17.62M	$21.59M	$15.30M	$14.25M	$13.95M	$13.15M	$15.28M	$14.93M
High Forecast	$15.57M	$15.16M	$14.93M	$14.64M	$13.97M	$12.68M	$10.66M	$9.23M	$6.18M	$7.30M	$5.68M	$3.92M	$7.29M	$8.39M	$7.34M	$6.08M	$11.32M	$14.10M	$18.33M	$19.48M	$18.30M	$19.86M	$17.62M	$21.59M	$15.30M	$14.25M	$13.95M	$13.15M	$15.28M	$14.93M
Low Forecast	$15.57M	$15.16M	$14.93M	$14.64M	$13.97M	$12.68M	$10.66M	$9.23M	$6.18M	$7.30M	$5.68M	$3.92M	$7.29M	$8.39M	$7.34M	$6.08M	$11.32M	$14.10M	$18.33M	$19.48M	$18.30M	$19.86M	$17.62M	$21.59M	$15.30M	$14.25M	$13.95M	$13.15M	$15.28M	$14.93M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	8	7	6	5	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.54%	0.43%	0.52%	0.09%	3.49%	0.75%	0.48%	0.38%	0.39%	0.41%	0.47%	0.35%	0.67%	0.59%	0.47%	0.76%	0.65%	0.66%

Great Ajax's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.92M, with a low forecast of $3.92M, and a high forecast of $3.92M. AJX's average Quarter revenue forecast represents a -0.03% decrease compared to the company's last Quarter revenue of $3.92M (Dec 23).

Great Ajax EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	8	7	6	5	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$1.46M	$722.00K	$-2.54M	$-22.77M	$5.03M	$4.39M	$4.48M	$14.11M	$18.34M	$19.97M	$21.23M	$19.29M	$23.72M	$18.95M	$21.40M	$13.16M	$20.66M	$22.17M
Avg Forecast	$7.05M	$6.87M	$6.77M	$6.64M	$6.33M	$5.74M	$4.83M	$4.18M	$2.80M	$3.31M	$2.58M	$1.78M	$3.31M	$3.80M	$3.33M	$2.76M	$5.13M	$6.39M	$8.31M	$18.68M	$8.29M	$9.00M	$7.98M	$17.92M	$6.93M	$6.46M	$6.32M	$5.96M	$6.92M	$6.77M
High Forecast	$7.05M	$6.87M	$6.77M	$6.64M	$6.33M	$5.74M	$4.83M	$4.18M	$2.80M	$3.31M	$2.58M	$1.78M	$3.31M	$3.80M	$3.33M	$2.76M	$5.13M	$6.39M	$8.31M	$22.41M	$8.29M	$9.00M	$7.98M	$21.50M	$6.93M	$6.46M	$6.32M	$5.96M	$6.92M	$6.77M
Low Forecast	$7.05M	$6.87M	$6.77M	$6.64M	$6.33M	$5.74M	$4.83M	$4.18M	$2.80M	$3.31M	$2.58M	$1.78M	$3.31M	$3.80M	$3.33M	$2.76M	$5.13M	$6.39M	$8.31M	$14.94M	$8.29M	$9.00M	$7.98M	$14.33M	$6.93M	$6.46M	$6.32M	$5.96M	$6.92M	$6.77M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.44%	0.19%	-0.77%	-8.26%	0.98%	0.69%	0.54%	0.76%	2.21%	2.22%	2.66%	1.08%	3.42%	2.93%	3.39%	2.21%	2.98%	3.28%

1 analysts predict AJX's average Quarter EBITDA for Mar 24 to be $1.78M, with a high of $1.78M and a low of $1.78M. This is 21.49% upper than Great Ajax's previous annual EBITDA (Dec 23) of $1.46M.

Great Ajax Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	8	7	6	5	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-23.20M	$-6.09M	$-12.03M	$-7.36M	$-6.28M	$-9.50M	$-4.80M	$5.54M	$9.28M	$11.26M	$12.33M	$8.95M	$12.78M	$7.23M	$8.08M	$400.00K	$6.66M	$7.69M
Avg Forecast	$7.25M	$7.25M	$6.80M	$6.80M	$6.35M	$5.44M	$3.63M	$2.27M	$-17.68M	$-17.22M	$-13.60M	$-3.17M	$9.29M	$8.39M	$226.64K	$-1.25M	$9.16M	$9.34M	$12.10M	$5.07M	$12.89M	$15.25M	$12.20M	$8.31M	$8.95M	$8.52M	$9.44M	$694.28K	$15.04M	$14.68M
High Forecast	$7.25M	$7.25M	$6.80M	$6.80M	$6.35M	$5.44M	$3.63M	$2.27M	$-17.68M	$-17.22M	$-13.60M	$-3.17M	$19.51M	$8.39M	$226.64K	$-1.25M	$9.16M	$9.34M	$12.10M	$6.09M	$12.89M	$15.25M	$12.20M	$9.98M	$8.95M	$8.52M	$9.44M	$833.14K	$15.04M	$14.68M
Low Forecast	$7.25M	$7.25M	$6.80M	$6.80M	$6.35M	$5.44M	$3.63M	$2.27M	$-17.68M	$-17.22M	$-13.60M	$-3.17M	$-464.60K	$8.39M	$226.64K	$-1.25M	$9.16M	$9.34M	$12.10M	$4.06M	$12.89M	$15.25M	$12.20M	$6.65M	$8.95M	$8.52M	$9.44M	$555.43K	$15.04M	$14.68M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.50%	-0.73%	-53.10%	5.91%	-0.69%	-1.02%	-0.40%	1.09%	0.72%	0.74%	1.01%	1.08%	1.43%	0.85%	0.86%	0.58%	0.44%	0.52%

Great Ajax's average Quarter net income forecast for Jun 22 is $12.10M, with a range of $12.10M to $12.10M. AJX's average Quarter net income forecast represents a 118.58% increase compared to the company's last Quarter net income of $5.54M (Mar 22).

Great Ajax SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	8	7	6	5	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$623.00K	$611.00K	$989.00K	$934.00K	$886.00K	$777.00K	$818.00K	$824.00K	$750.00K	$663.00K	$754.00K	$636.00K	$666.00K	$529.00K	$455.00K	$605.00K	$533.00K	$535.00K
Avg Forecast	$1.10M	$1.07M	$1.05M	$1.03M	$982.94K	$892.08K	$750.26K	$649.97K	$435.31K	$513.64K	$399.98K	$275.68K	$513.43K	$590.85K	$516.42K	$428.27K	$796.78K	$992.54K	$1.29M	$487.93K	$1.29M	$1.40M	$1.24M	$590.57K	$1.08M	$1.00M	$981.82K	$1.05M	$1.08M	$1.05M
High Forecast	$1.10M	$1.07M	$1.05M	$1.03M	$982.94K	$892.08K	$750.26K	$649.97K	$435.31K	$513.64K	$399.98K	$275.68K	$513.43K	$590.85K	$516.42K	$428.27K	$796.78K	$992.54K	$1.29M	$585.51K	$1.29M	$1.40M	$1.24M	$708.68K	$1.08M	$1.00M	$981.82K	$1.26M	$1.08M	$1.05M
Low Forecast	$1.10M	$1.07M	$1.05M	$1.03M	$982.94K	$892.08K	$750.26K	$649.97K	$435.31K	$513.64K	$399.98K	$275.68K	$513.43K	$590.85K	$516.42K	$428.27K	$796.78K	$992.54K	$1.29M	$390.34K	$1.29M	$1.40M	$1.24M	$472.46K	$1.08M	$1.00M	$981.82K	$840.09K	$1.08M	$1.05M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.21%	1.03%	1.92%	2.18%	1.11%	0.78%	0.63%	1.69%	0.58%	0.47%	0.61%	1.08%	0.62%	0.53%	0.46%	0.58%	0.50%	0.51%

Great Ajax's average Quarter SG&A projection for Mar 24 is $275.68K, based on 1 Wall Street analysts, with a range of $275.68K to $275.68K. The forecast indicates a -55.75% fall compared to AJX last annual SG&A of $623.00K (Dec 23).

Great Ajax EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	8	7	6	5	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.86	$-0.25	$-0.51	$-0.32	$-0.28	$-0.42	$-0.21	$0.15	$0.41	$0.49	$0.54	$0.39	$0.56	$0.32	$0.35	$0.02	$0.32	$0.39
Avg Forecast	$0.16	$0.16	$0.15	$0.15	$0.14	$0.12	$0.08	$0.05	$-0.39	$-0.38	$-0.30	$-0.07	$0.20	$0.18	$0.01	$-0.03	$0.20	$0.24	$0.31	$0.34	$0.33	$0.39	$0.31	$0.28	$0.23	$0.22	$0.24	$0.28	$0.38	$0.37
High Forecast	$0.16	$0.16	$0.15	$0.15	$0.14	$0.12	$0.08	$0.05	$-0.39	$-0.38	$-0.30	$-0.07	$0.43	$0.18	$0.01	$-0.03	$0.20	$0.24	$0.31	$0.34	$0.33	$0.39	$0.31	$0.28	$0.23	$0.22	$0.24	$0.28	$0.38	$0.37
Low Forecast	$0.16	$0.16	$0.15	$0.15	$0.14	$0.12	$0.08	$0.05	$-0.39	$-0.38	$-0.30	$-0.07	$-0.01	$0.18	$0.01	$-0.03	$0.20	$0.24	$0.31	$0.34	$0.33	$0.39	$0.31	$0.28	$0.23	$0.22	$0.24	$0.28	$0.38	$0.37
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-4.20%	-1.35%	-102.00%	11.64%	-1.39%	-1.77%	-0.68%	0.44%	1.25%	1.26%	1.74%	1.39%	2.46%	1.48%	1.46%	0.07%	0.84%	1.05%

According to 1 Wall Street analysts, Great Ajax's projected average Quarter EPS for Jun 22 is $0.31, with a low estimate of $0.31 and a high estimate of $0.31. This represents a 105.00% increase compared to AJX previous annual EPS of $0.15 (Mar 22).

Great Ajax Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AJX	Great Ajax	$3.46	$11.00	217.92%	Buy
ACRE	Ares Commercial Real Estate	$7.12	$11.50	61.52%	Hold
ARI	Apollo Commercial Real Estate Finance	$9.13	$13.50	47.86%	-
KREF	KKR Real Estate Finance Trust	$11.53	$16.17	40.24%	Buy
TWO	Two Harbors Investment	$11.61	$15.50	33.51%	Buy
TRTX	TPG RE Finance Trust	$8.58	$11.13	29.72%	Buy
EARN	Ellington Residential Mortgage REIT	$6.37	$8.00	25.59%	Buy
FBRT	Franklin BSP Realty Trust	$12.65	$15.33	21.19%	Buy
RC	Ready Capital	$7.11	$8.50	19.55%	Hold
LADR	Ladder Capital	$11.66	$13.25	13.64%	Buy
EFC	Ellington Financial	$12.21	$13.50	10.57%	Buy
NREF	NexPoint Real Estate Finance	$16.53	$14.00	-15.31%	Hold

AJX Forecast FAQ

Is Great Ajax a good buy?

Yes, according to 6 Wall Street analysts, Great Ajax (AJX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of AJX's total ratings.

What is AJX's price target?

Great Ajax (AJX) average price target is $11 with a range of $6 to $16, implying a 257.14% from its last price of $3.08. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Great Ajax stock go up soon?

According to Wall Street analysts' prediction for AJX stock, the company can go up by 257.14% (from the last price of $3.08 to the average price target of $11), up by 419.48% based on the highest stock price target, and up by 94.81% based on the lowest stock price target.

Can Great Ajax stock reach $5?

AJX's average twelve months analyst stock price target of $11 supports the claim that Great Ajax can reach $5 in the near future.

What are Great Ajax's analysts' financial forecasts?

Great Ajax's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $46.54M (high $46.54M, low $46.54M), average EBITDA is $21.09M (high $21.09M, low $21.09M), average net income is $17.68M (high $17.68M, low $17.68M), average SG&A $3.28M (high $3.28M, low $3.28M), and average EPS is $0.39 (high $0.39, low $0.39). AJX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $60.3M (high $60.3M, low $60.3M), average EBITDA is $27.33M (high $27.33M, low $27.33M), average net income is $28.1M (high $28.1M, low $28.1M), average SG&A $4.24M (high $4.24M, low $4.24M), and average EPS is $0.62 (high $0.62, low $0.62).

Did the AJX's actual financial results beat the analysts' financial forecasts?

Based on Great Ajax's last annual report (Dec 2023), the company's revenue was $-17.074M, which missed the average analysts forecast of $29.11M by -158.65%. Apple's EBITDA was $-49.018M, missing the average prediction of $13.19M by -471.55%. The company's net income was $-49.261M, missing the average estimation of $16.66M by -395.72%. Apple's SG&A was $3.16M, beating the average forecast of $2.05M by 54.08%. Lastly, the company's EPS was $-0.002, missing the average prediction of $0.367 by -100.54%. In terms of the last quarterly report (Dec 2023), Great Ajax's revenue was $3.92M, missing the average analysts' forecast of $7.3M by -46.29%. The company's EBITDA was $1.46M, missing the average prediction of $3.31M by -55.81%. Great Ajax's net income was $-23.197M, missing the average estimation of $9.29M by -349.64%. The company's SG&A was $623K, beating the average forecast of $513.43K by 21.34%. Lastly, the company's EPS was $-0.86, missing the average prediction of $0.205 by -519.51%