American Axle & Manufacturing (AXL) Stock Forecast, Price Target & Predictions
AXL Stock Forecast
American Axle & Manufacturing stock forecast is as follows: an average price target of $9.25 (represents a 60.03% upside from AXL’s last price of $5.78) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
AXL Price Target
The average price target for American Axle & Manufacturing (AXL) is $9.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $7.00. This represents a potential 60.03% upside from AXL's last price of $5.78.
AXL Analyst Ratings
According to 5 Wall Street analysts, American Axle & Manufacturing's rating consensus is 'Hold'. The analyst rating breakdown for AXL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
American Axle & Manufacturing Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 27, 2024 | Joseph Spak | UBS | $7.00 | $6.70 | 4.48% | 21.11% |
| Jan 13, 2023 | Citigroup | $10.00 | $8.93 | 11.98% | 73.01% | |
| Sep 28, 2022 | Citigroup | $8.50 | $7.23 | 17.57% | 47.06% | |
| Aug 11, 2022 | Morgan Stanley | $12.00 | $10.60 | 13.26% | 107.61% | |
| Jul 14, 2022 | Morgan Stanley | $11.00 | $7.48 | 47.06% | 90.31% | |
| Jun 13, 2022 | Adam Jonas | Morgan Stanley | $13.00 | $8.21 | 58.34% | 124.91% |
| Apr 21, 2022 | Deutsche Bank | $8.00 | $7.25 | 10.27% | 38.41% |
The latest American Axle & Manufacturing stock forecast, released on Feb 27, 2024 by Joseph Spak from UBS, set a price target of $7.00, which represents a 4.48% increase from the stock price at the time of the forecast ($6.70), and a 21.11% increase from AXL last price ($5.78).
American Axle & Manufacturing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.00 |
| Last Closing Price | $5.78 | $5.78 | $5.78 |
| Upside/Downside | -100.00% | -100.00% | 21.11% |
In the current month, the average price target of American Axle & Manufacturing stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to American Axle & Manufacturing's last price of $5.78. 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 |
|---|---|---|---|---|
| May 06, 2024 | Citigroup | Neutral | Neutral | Hold |
| Feb 27, 2024 | UBS | Neutral | Upgrade | |
| Jan 13, 2023 | Citigroup | Neutral | Neutral | Hold |
| Sep 28, 2022 | Citigroup | Neutral | Neutral | Hold |
| Aug 11, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 14, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jun 02, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Feb 23, 2022 | Deutsche Bank | Hold | Hold | Hold |
| Feb 14, 2022 | Barclays | Underweight | Underweight | Hold |
American Axle & Manufacturing's last stock rating was published by Citigroup on May 06, 2024. The company gave AXL a "Neutral" rating, the same as its previous rate.
American Axle & Manufacturing Financial Forecast
American Axle & Manufacturing 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 | - | - | - | - | - | - | - | - | - | - | - | - | $1.46B | $1.55B | $1.57B | $1.49B | $1.39B | $1.54B | $1.44B | $1.44B | $1.23B | $1.21B | $1.28B | $1.43B | $1.44B | $1.41B | $515.30M | $1.34B | $1.43B | $1.68B |
| Avg Forecast | $1.38B | $1.47B | $1.54B | $1.56B | $1.34B | $1.45B | $1.53B | $1.49B | $1.38B | $1.51B | $1.59B | $1.52B | $1.42B | $1.49B | $1.59B | $1.48B | $1.39B | $1.47B | $1.37B | $1.36B | $1.28B | $1.16B | $1.15B | $1.30B | $1.38B | $1.48B | $451.08M | $1.31B | $1.50B | $1.72B |
| High Forecast | $1.39B | $1.48B | $1.55B | $1.57B | $1.34B | $1.45B | $1.54B | $1.50B | $1.39B | $1.52B | $1.59B | $1.52B | $1.52B | $1.55B | $1.60B | $1.49B | $1.40B | $1.47B | $1.37B | $1.36B | $1.28B | $1.16B | $1.15B | $1.30B | $1.38B | $1.48B | $451.08M | $1.31B | $1.50B | $1.72B |
| Low Forecast | $1.38B | $1.46B | $1.54B | $1.55B | $1.33B | $1.44B | $1.53B | $1.48B | $1.36B | $1.49B | $1.59B | $1.52B | $1.36B | $1.41B | $1.58B | $1.48B | $1.38B | $1.47B | $1.37B | $1.36B | $1.28B | $1.16B | $1.15B | $1.30B | $1.38B | $1.48B | $451.08M | $1.31B | $1.50B | $1.72B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 0.99% | 1.01% | 1.00% | 1.04% | 1.05% | 1.06% | 0.97% | 1.05% | 1.12% | 1.09% | 1.05% | 0.96% | 1.14% | 1.02% | 0.95% | 0.98% |
American Axle & Manufacturing's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.52B, with a low forecast of $1.52B, and a high forecast of $1.52B. AXL's average Quarter revenue forecast represents a 4.17% increase compared to the company's last Quarter revenue of $1.46B (Dec 23).
American Axle & Manufacturing 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 | 5 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $159.20M | $23.90M | $191.60M | $175.40M | $190.40M | $199.40M | $190.00M | $201.60M | $-271.70M | $169.30M | $211.90M | $240.50M | $230.40M | $273.60M | $-63.40M | $-316.90M | $-287.10M | $23.90M |
| Avg Forecast | $126.43M | $134.55M | $141.11M | $142.58M | $122.19M | $132.27M | $140.24M | $135.78M | $126.46M | $137.58M | $144.94M | $120.04M | $130.01M | $136.01M | $145.63M | $109.13M | $-971.70M | $204.17M | $122.87M | $188.35M | $177.14M | $160.04M | $159.14M | $99.21M | $190.60M | $204.88M | $62.50M | $-1.28B | $208.33M | $238.11M |
| High Forecast | $127.03M | $135.19M | $141.78M | $143.26M | $122.77M | $132.90M | $140.91M | $136.72M | $127.36M | $139.21M | $144.94M | $144.05M | $138.85M | $141.62M | $146.32M | $130.95M | $-777.36M | $204.17M | $147.44M | $188.35M | $177.14M | $160.04M | $159.14M | $119.05M | $190.60M | $204.88M | $62.50M | $-1.03B | $208.33M | $238.11M |
| Low Forecast | $125.77M | $133.85M | $140.37M | $141.84M | $121.55M | $131.58M | $139.51M | $134.84M | $124.64M | $135.96M | $144.94M | $96.03M | $124.70M | $129.22M | $144.86M | $87.30M | $-1.17B | $204.17M | $98.29M | $188.35M | $177.14M | $160.04M | $159.14M | $79.36M | $190.60M | $204.88M | $62.50M | $-1.54B | $208.33M | $238.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.18% | 1.32% | 1.61% | -0.20% | 0.98% | 1.55% | 1.07% | -1.53% | 1.06% | 1.33% | 2.42% | 1.21% | 1.34% | -1.01% | 0.25% | -1.38% | 0.10% |
2 analysts predict AXL's average Quarter EBITDA for Mar 24 to be $120.04M, with a high of $144.05M and a low of $96.03M. This is -24.60% lower than American Axle & Manufacturing's previous annual EBITDA (Dec 23) of $159.20M.
American Axle & Manufacturing 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 | 5 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-19.10M | $-17.40M | $8.00M | $-10.20M | $13.90M | $26.50M | $22.90M | $1.00M | $-47.20M | $-2.40M | $16.00M | $38.60M | $36.00M | $117.20M | $-213.20M | $-501.30M | $-454.40M | $-124.20M |
| Avg Forecast | $7.33M | $19.55M | $40.33M | $32.99M | $-12.24M | $12.87M | $25.89M | $13.58M | $-16.14M | $-5.93M | $13.41M | $19.27M | $-23.60M | $-1.32M | $11.15M | $17.51M | $-168.80M | $28.04M | $14.96M | $3.53M | $2.95M | $589.44K | $2.26M | $15.92M | $31.21M | $27.77M | $-231.99M | $-2.03B | $64.50K | $52.52M |
| High Forecast | $7.38M | $19.67M | $40.58M | $33.20M | $-12.16M | $12.95M | $26.05M | $13.66M | $-4.84M | $-5.89M | $13.42M | $23.12M | $-20.65M | $6.58M | $11.22M | $21.02M | $-135.04M | $28.04M | $17.95M | $3.53M | $2.95M | $589.44K | $2.26M | $19.11M | $31.21M | $27.77M | $-231.99M | $-1.62B | $64.50K | $52.52M |
| Low Forecast | $7.28M | $19.42M | $40.05M | $32.77M | $-12.32M | $12.78M | $25.71M | $11.88M | $-29.05M | $-5.97M | $13.39M | $15.41M | $-28.02M | $-9.87M | $11.07M | $14.01M | $-202.57M | $28.04M | $11.97M | $3.53M | $2.95M | $589.44K | $2.26M | $12.74M | $31.21M | $27.77M | $-231.99M | $-2.44B | $64.50K | $52.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 13.22% | 0.72% | -0.58% | -0.08% | 0.94% | 1.53% | 0.28% | -15.99% | -4.07% | 7.09% | 2.42% | 1.15% | 4.22% | 0.92% | 0.25% | -7045.07% | -2.36% |
American Axle & Manufacturing's average Quarter net income forecast for Sep 23 is $-1.32M, with a range of $-9.87M to $6.58M. AXL's average Quarter net income forecast represents a -116.45% decrease compared to the company's last Quarter net income of $8.00M (Jun 23).
American Axle & Manufacturing 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 | 5 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $95.70M | $81.80M | $91.10M | $98.30M | $88.50M | $85.70M | $84.80M | $86.10M | $77.30M | $90.50M | $86.20M | $90.00M | $83.30M | $66.50M | $73.80M | $90.30M | $90.00M | $92.70M |
| Avg Forecast | $85.49M | $90.98M | $95.41M | $96.41M | $82.62M | $89.44M | $94.83M | $91.81M | $85.50M | $93.03M | $98.00M | $44.92M | $87.91M | $91.97M | $98.47M | $40.84M | $276.45M | $83.55M | $55.39M | $77.08M | $72.49M | $65.49M | $65.12M | $37.12M | $78.00M | $83.84M | $25.58M | $365.71M | $85.25M | $97.43M |
| High Forecast | $85.89M | $91.41M | $95.87M | $96.87M | $83.01M | $89.86M | $95.28M | $92.45M | $86.12M | $94.13M | $98.00M | $53.91M | $93.89M | $95.76M | $98.94M | $49.00M | $331.74M | $83.55M | $66.47M | $77.08M | $72.49M | $65.49M | $65.12M | $44.55M | $78.00M | $83.84M | $25.58M | $438.86M | $85.25M | $97.43M |
| Low Forecast | $85.04M | $90.50M | $94.91M | $95.90M | $82.19M | $88.97M | $94.33M | $91.17M | $84.27M | $91.93M | $98.00M | $35.94M | $84.32M | $87.37M | $97.95M | $32.67M | $221.16M | $83.55M | $44.31M | $77.08M | $72.49M | $65.49M | $65.12M | $29.70M | $78.00M | $83.84M | $25.58M | $292.57M | $85.25M | $97.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.89% | 0.93% | 2.41% | 0.32% | 1.03% | 1.53% | 1.12% | 1.07% | 1.38% | 1.32% | 2.42% | 1.07% | 0.79% | 2.89% | 0.25% | 1.06% | 0.95% |
American Axle & Manufacturing's average Quarter SG&A projection for Mar 24 is $44.92M, based on 2 Wall Street analysts, with a range of $35.94M to $53.91M. The forecast indicates a -53.06% fall compared to AXL last annual SG&A of $95.70M (Dec 23).
American Axle & Manufacturing 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 | 5 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.17 | $-0.15 | $0.07 | $-0.09 | $0.12 | $0.22 | $0.19 | $0.01 | $-0.41 | $-0.02 | $0.14 | $0.33 | $0.32 | $0.99 | $-1.88 | $-4.45 | $-4.04 | $-1.10 |
| Avg Forecast | $0.06 | $0.16 | $0.33 | $0.27 | $-0.10 | $0.11 | $0.21 | $0.11 | $-0.13 | $-0.05 | $0.11 | $0.02 | $-0.19 | $-0.01 | $0.09 | $-0.07 | $0.01 | $0.24 | $0.10 | $0.03 | $0.03 | $0.01 | $0.02 | $0.24 | $0.27 | $0.24 | $-1.97 | $-0.08 | - | $0.45 |
| High Forecast | $0.06 | $0.16 | $0.33 | $0.27 | $-0.10 | $0.11 | $0.21 | $0.11 | $-0.04 | $-0.05 | $0.11 | $0.02 | $-0.17 | $0.05 | $0.09 | $-0.07 | $0.01 | $0.24 | $0.10 | $0.03 | $0.03 | $0.01 | $0.02 | $0.24 | $0.27 | $0.24 | $-1.97 | $-0.08 | - | $0.45 |
| Low Forecast | $0.06 | $0.16 | $0.33 | $0.27 | $-0.10 | $0.10 | $0.21 | $0.10 | $-0.24 | $-0.05 | $0.11 | $0.02 | $-0.23 | $-0.08 | $0.09 | $-0.07 | $0.01 | $0.24 | $0.10 | $0.03 | $0.03 | $0.01 | $0.02 | $0.24 | $0.27 | $0.24 | $-1.97 | $-0.08 | - | $0.45 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 13.92% | 0.77% | 1.35% | 11.68% | 0.92% | 1.86% | 0.33% | -16.35% | -3.99% | 7.32% | 1.40% | 1.21% | 4.20% | 0.95% | 52.70% | -7364.09% | -2.46% |
According to 7 Wall Street analysts, American Axle & Manufacturing's projected average Quarter EPS for Sep 23 is $-0.01, with a low estimate of $-0.08 and a high estimate of $0.05. This represents a -115.39% decrease compared to AXL previous annual EPS of $0.07 (Jun 23).
American Axle & Manufacturing Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CVGI | Commercial Vehicle Group | $2.37 | $10.00 | 321.94% | Buy |
| FOXF | Fox Factory | $30.39 | $93.33 | 207.11% | Buy |
| LEA | Lear | $94.71 | $140.67 | 48.53% | Buy |
| ADNT | Adient | $17.60 | $26.00 | 47.73% | Hold |
| AXL | American Axle & Manufacturing | $6.29 | $9.25 | 47.06% | Hold |
| VC | Visteon | $89.69 | $126.00 | 40.48% | Buy |
| ALV | Autoliv | $94.34 | $121.17 | 28.44% | Buy |
| GNTX | Gentex | $29.94 | $35.00 | 16.90% | Hold |
| DAN | Dana | $12.17 | $13.00 | 6.82% | Buy |
| ALSN | Allison Transmission | $112.19 | $102.67 | -8.49% | Hold |