American Axle Proposes Share Increase and Acquisition

American Axle ( (AXL) ) just unveiled an update.

On June 2, 2025, American Axle & Manufacturing Holdings, Inc. announced a proposed amendment to increase its authorized shares and a recommended offer to acquire Dowlais Group plc. The acquisition involves adjustments to the consideration payable to Dowlais shareholders, including an increase in cash and share consideration following the cancellation of certain shares held by the Melrose Employee Share Ownership Trust. The special meeting for stockholders to approve these changes is scheduled for July 15, 2025. This strategic move is expected to strengthen AAM’s market position and shareholder value.

The most recent analyst rating on (AXL) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on American Axle stock, see the AXL Stock Forecast page.

Spark’s Take on AXL Stock

According to Spark, TipRanks’ AI Analyst, AXL is a Neutral.

American Axle’s overall score reflects strong financial management and strategic initiatives aimed at improving cash flow and reducing leverage. While technical indicators are moderately positive, the valuation suggests some caution due to a high P/E ratio. Earnings call insights show a mixed outlook, with notable strategic progress but also challenges in sales and profitability.

To see Spark’s full report on AXL stock, click here.

More about American Axle

American Axle & Manufacturing Holdings, Inc. operates in the automotive industry, focusing on the production of driveline and drivetrain systems and related components for light trucks, SUVs, passenger cars, and commercial vehicles. The company aims to enhance its market presence through strategic acquisitions and expansions.

Average Trading Volume: 2,758,063

Technical Sentiment Signal: Sell

Current Market Cap: $509.1M

Find detailed analytics on AXL stock on TipRanks’ Stock Analysis page.