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 58.66% upside from AXL’s last price of $5.83) 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 58.66% upside from AXL's last price of $5.83.
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% | 20.07% |
| Jan 13, 2023 | - | Citigroup | $10.00 | $8.93 | 11.98% | 71.53% |
| Sep 28, 2022 | - | Citigroup | $8.50 | $7.23 | 17.57% | 45.80% |
| Aug 11, 2022 | - | Morgan Stanley | $12.00 | $10.60 | 13.26% | 105.83% |
| Jul 14, 2022 | - | Morgan Stanley | $11.00 | $7.48 | 47.06% | 88.68% |
| Jun 13, 2022 | Adam Jonas | Morgan Stanley | $13.00 | $8.21 | 58.34% | 122.98% |
| Apr 21, 2022 | - | Deutsche Bank | $8.00 | $7.25 | 10.27% | 37.22% |
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 20.07% increase from AXL last price ($5.83).
American Axle & Manufacturing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.00 |
| Last Closing Price | $5.83 | $5.83 | $5.83 |
| Upside/Downside | -100.00% | -100.00% | 20.07% |
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 $5.83. 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 | Jul 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 | $1.23B | $1.21B | $1.28B | $1.43B | $1.44B | $1.41B | $515.30M | $1.34B | $1.43B | $1.68B |
| Avg Forecast | $1.45B | $1.52B | $1.64B | $1.62B | $1.43B | $1.52B | $1.60B | $1.59B | $1.46B | $1.53B | $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 | $1.31B | $1.36B | $1.45B | $422.82M | $1.31B | $1.50B | $1.72B |
| High Forecast | $1.54B | $1.61B | $1.74B | $1.71B | $1.52B | $1.60B | $1.69B | $1.68B | $1.54B | $1.60B | $1.68B | $1.61B | $1.52B | $1.55B | $1.68B | $1.57B | $1.47B | $1.56B | $1.37B | $1.39B | $1.30B | $1.18B | $1.17B | $1.33B | $1.38B | $1.48B | $431.03M | $1.34B | $1.53B | $1.75B |
| Low Forecast | $1.42B | $1.48B | $1.60B | $1.57B | $1.40B | $1.48B | $1.56B | $1.55B | $1.42B | $1.49B | $1.54B | $1.48B | $1.36B | $1.41B | $1.55B | $1.44B | $1.35B | $1.44B | $1.37B | $1.32B | $1.24B | $1.12B | $1.11B | $1.27B | $1.32B | $1.41B | $410.31M | $1.27B | $1.46B | $1.67B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 0.99% | 1.01% | 1.00% | 1.04% | - | 1.06% | 0.97% | 1.05% | 1.12% | 1.09% | 1.06% | 0.98% | 1.22% | 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 $1.48B, and a high forecast of $1.61B. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $159.20M | $23.90M | $191.60M | $175.40M | $190.40M | $199.40M | - | $201.60M | $-271.70M | $169.30M | $211.90M | $240.50M | $230.40M | $273.60M | $-63.40M | $-316.90M | $-287.10M | $23.90M |
| Avg Forecast | $201.33M | $210.56M | $227.43M | $223.90M | $198.73M | $209.91M | $221.53M | $220.01M | $202.11M | $212.00M | $219.69M | $120.04M | $197.06M | $206.15M | $220.73M | $109.13M | $192.66M | $598.61M | $189.80M | $188.35M | $-1.04B | $160.04M | $159.14M | $99.21M | $229.11M | $640.22M | $-69.48M | $-1.28B | $208.33M | $15.39M |
| High Forecast | $212.89M | $222.65M | $240.48M | $236.75M | $210.13M | $221.96M | $234.24M | $232.64M | $213.71M | $221.51M | $232.30M | $144.05M | $210.46M | $214.65M | $233.40M | $130.95M | $203.72M | $718.33M | $189.80M | $192.01M | $-831.40M | $163.15M | $162.23M | $119.05M | $274.93M | $768.27M | $-55.59M | $-1.03B | $212.38M | $18.47M |
| Low Forecast | $196.11M | $205.10M | $221.53M | $218.09M | $193.58M | $204.47M | $215.79M | $214.31M | $196.87M | $206.57M | $213.99M | $96.03M | $189.01M | $195.86M | $215.01M | $87.30M | $187.66M | $478.89M | $189.80M | $182.78M | $-1.25B | $155.30M | $154.43M | $79.36M | $183.29M | $512.18M | $-83.38M | $-1.54B | $202.17M | $12.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.12% | 0.87% | 1.61% | 0.99% | 0.33% | - | 1.07% | 0.26% | 1.06% | 1.33% | 2.42% | 1.01% | 0.43% | 0.91% | 0.25% | -1.38% | 1.55% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-19.10M | $-17.40M | $8.00M | $-10.20M | $13.90M | $26.50M | - | $1.00M | $-47.20M | $-2.40M | $16.00M | $38.60M | $36.00M | $117.20M | $-213.20M | $-501.30M | $-454.40M | $-124.20M |
| Avg Forecast | $14.12M | $9.42M | $41.20M | $35.31M | $974.79K | $-3.49M | $25.80M | $21.77M | $-2.64M | $-2.82M | $12.91M | $19.27M | $-22.73M | $-1.27M | $10.74M | $17.51M | $1.21M | $256.42M | $11.95M | $3.51M | $-180.54M | $586.44K | $168.00M | $15.92M | $35.80M | $274.25M | $-233.66M | $-2.03B | $64.17K | $-79.97M |
| High Forecast | $15.18M | $10.12M | $44.27M | $37.95M | $1.05M | $-3.38M | $27.73M | $23.39M | $-2.55M | $14.08M | $13.88M | $23.12M | $-19.89M | $6.34M | $11.54M | $21.02M | $1.30M | $307.71M | $11.95M | $3.60M | $-144.43M | $601.24K | $201.60M | $19.11M | $42.96M | $329.10M | $-186.93M | $-1.62B | $65.79K | $-63.98M |
| Low Forecast | $13.65M | $9.10M | $39.81M | $34.12M | $941.95K | $-3.75M | $24.93M | $21.03M | $-2.84M | $-28.15M | $12.48M | $15.41M | $-26.99M | $-9.51M | $10.38M | $14.01M | $1.17M | $205.14M | $11.95M | $3.37M | $-216.65M | $563.88K | $134.40M | $12.74M | $28.64M | $219.40M | $-280.39M | $-2.44B | $61.70K | $-95.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 13.72% | 0.74% | -0.58% | 11.50% | 0.10% | - | 0.29% | 0.26% | -4.09% | 0.10% | 2.42% | 1.01% | 0.43% | 0.91% | 0.25% | -7081.19% | 1.55% |
American Axle & Manufacturing's average Quarter net income forecast for Sep 23 is $-1.27M, with a range of $-9.51M to $6.34M. AXL's average Quarter net income forecast represents a -115.85% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $95.70M | $81.80M | $91.10M | $98.30M | $88.50M | $85.70M | - | $86.10M | $77.30M | $90.50M | $86.20M | $90.00M | $83.30M | $66.50M | $73.80M | $90.30M | $90.00M | $92.70M |
| Avg Forecast | $82.39M | $86.16M | $93.06M | $91.62M | $81.32M | $85.90M | $90.65M | $90.03M | $82.70M | $86.75M | $89.90M | $44.92M | $80.64M | $84.36M | $90.32M | $40.84M | $78.84M | $145.50M | $77.67M | $77.08M | $295.67M | $65.49M | $905.10M | $37.12M | $82.83M | $155.61M | $80.88M | $365.71M | $85.25M | $59.69M |
| High Forecast | $87.11M | $91.11M | $98.41M | $96.88M | $85.99M | $90.83M | $95.85M | $95.20M | $87.45M | $90.65M | $95.06M | $53.91M | $86.12M | $87.84M | $95.51M | $49.00M | $83.36M | $174.59M | $77.67M | $78.57M | $354.81M | $66.76M | $1.09B | $44.55M | $99.40M | $186.73M | $97.06M | $438.86M | $86.91M | $71.63M |
| Low Forecast | $80.25M | $83.93M | $90.65M | $89.25M | $79.21M | $83.67M | $88.30M | $87.70M | $80.56M | $84.53M | $87.57M | $35.94M | $77.35M | $80.15M | $87.98M | $32.67M | $76.79M | $116.40M | $77.67M | $74.79M | $236.54M | $63.55M | $724.08M | $29.70M | $66.27M | $124.49M | $64.71M | $292.57M | $82.73M | $47.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.97% | 1.01% | 2.41% | 1.12% | 0.59% | - | 1.12% | 0.26% | 1.38% | 0.10% | 2.42% | 1.01% | 0.43% | 0.91% | 0.25% | 1.06% | 1.55% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.17 | $-0.15 | $0.07 | $-0.09 | $0.12 | $0.22 | - | $0.01 | $-0.41 | $-0.02 | $0.14 | $0.33 | $0.32 | $0.99 | $-1.88 | $-4.45 | $-4.04 | $-1.10 |
| Avg Forecast | $0.12 | $0.08 | $0.35 | $0.30 | $0.01 | $-0.03 | $0.22 | $0.18 | $-0.02 | $-0.02 | $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 | $0.13 | $0.09 | $0.38 | $0.32 | $0.01 | $-0.03 | $0.24 | $0.20 | $-0.02 | $0.12 | $0.12 | $0.02 | $-0.17 | $0.05 | $0.10 | $-0.06 | $0.01 | $0.26 | $0.10 | $0.03 | $0.03 | $0.01 | $0.02 | $0.24 | $0.27 | $0.24 | $-1.90 | $-0.08 | - | $0.46 |
| Low Forecast | $0.12 | $0.08 | $0.34 | $0.29 | $0.01 | $-0.03 | $0.21 | $0.18 | $-0.02 | $-0.24 | $0.11 | $0.02 | $-0.23 | $-0.08 | $0.09 | $-0.07 | $0.01 | $0.23 | $0.10 | $0.03 | $0.02 | - | $0.02 | $0.23 | $0.25 | $0.23 | $-2.02 | $-0.09 | - | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 13.92% | 0.77% | 1.35% | 11.68% | 0.92% | - | 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 | $3.31 | $10.00 | 202.11% | Buy |
| FOXF | Fox Factory | $39.39 | $93.33 | 136.94% | Buy |
| LEA | Lear | $104.78 | $174.70 | 66.73% | Buy |
| AXL | American Axle & Manufacturing | $5.83 | $9.25 | 58.66% | Hold |
| VC | Visteon | $90.52 | $135.70 | 49.91% | Buy |
| DAN | Dana | $9.85 | $14.75 | 49.75% | Hold |
| ADNT | Adient | $20.52 | $30.25 | 47.42% | Hold |
| ALV | Autoliv | $95.51 | $112.87 | 18.18% | Buy |
| GNTX | Gentex | $29.19 | $31.60 | 8.26% | Hold |
| ALSN | Allison Transmission | $87.38 | $70.33 | -19.51% | Hold |
AXL Forecast FAQ
Is American Axle & Manufacturing a good buy?
No, according to 5 Wall Street analysts, American Axle & Manufacturing (AXL) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of AXL's total ratings.
What is AXL's price target?
American Axle & Manufacturing (AXL) average price target is $9.25 with a range of $7 to $12, implying a 58.66% from its last price of $5.83. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will American Axle & Manufacturing stock go up soon?
According to Wall Street analysts' prediction for AXL stock, the company can go up by 58.66% (from the last price of $5.83 to the average price target of $9.25), up by 105.83% based on the highest stock price target, and up by 20.07% based on the lowest stock price target.
Can American Axle & Manufacturing stock reach $9?
AXL's average twelve months analyst stock price target of $9.25 supports the claim that American Axle & Manufacturing can reach $9 in the near future.
What are American Axle & Manufacturing's analysts' financial forecasts?
American Axle & Manufacturing's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.14B (high $6.49B, low $5.98B), average EBITDA is $850.18M (high $898.98M, low $828.15M), average net income is $45.05M (high $48.79M, low $43.15M), average SG&A $347.9M (high $367.87M, low $338.88M), and average EPS is $0.383 (high $0.415, low $0.367). AXL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.23B (high $6.59B, low $6.07B), average EBITDA is $863.22M (high $912.76M, low $840.84M), average net income is $100.04M (high $107.51M, low $96.67M), average SG&A $353.23M (high $373.51M, low $344.08M), and average EPS is $0.85 (high $0.913, low $0.821).
Did the AXL's actual financial results beat the analysts' financial forecasts?
Based on American Axle & Manufacturing's last annual report (Dec 2023), the company's revenue was $6.08B, beating the average analysts forecast of $5.99B by 1.56%. Apple's EBITDA was $659M, missing the average prediction of $733.06M by -10.10%. The company's net income was $-33.6M, missing the average estimation of $4.26M by -888.94%. Apple's SG&A was $366.9M, beating the average forecast of $296.16M by 23.89%. Lastly, the company's EPS was $-0.3, beating the average prediction of $-0.178 by 68.23%. In terms of the last quarterly report (Dec 2023), American Axle & Manufacturing's revenue was $1.46B, beating the average analysts' forecast of $1.42B by 2.87%. The company's EBITDA was $159.2M, missing the average prediction of $197.06M by -19.21%. American Axle & Manufacturing's net income was $-19.1M, missing the average estimation of $-22.728M by -15.96%. The company's SG&A was $95.7M, beating the average forecast of $80.64M by 18.68%. Lastly, the company's EPS was $-0.17, missing the average prediction of $-0.193 by -11.96%