Needham analyst Kyle Peterson reiterated a Buy rating on Axos Financial today and set a price target of $107.00.
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Kyle Peterson has given his Buy rating due to a combination of factors that highlight Axos Financial’s favorable positioning and valuation. He believes the company’s execution track record supports continued outperformance within digital banking, underpinned by a solid pipeline of new lending opportunities and prudent risk and credit management. He also points to Axos’s robust capital levels and growing integration of technology and AI across operations as structural advantages that can drive sustained earnings growth and operational efficiency.
Kyle further notes that Axos’s shares trade at a forward FY26 price-to-earnings multiple that is materially below that of comparable FinTech lenders and traditional banks, creating an attractive upside-skewed risk/reward profile. In his view, this discount is not justified given the company’s growth prospects and balance sheet strength, and he sees particularly compelling potential looking out to 2026 and beyond. As a result, he reiterates a Buy recommendation and maintains a high conviction stance on the stock within his coverage universe.
In another report released yesterday, TipRanks – Google also reiterated a Buy rating on the stock with a $104.00 price target.