BofA cuts target for AXIS Capital stock from USD 131.00 to USD 121.00

Published on 10/20/2026 at 21:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AXIS Capital revenue rose 7.40 percent to USD 1.75 billion in Q2 2026. AXIS Capital stock costs EUR 89.00 on October 20, 2026, up 0.58 percent on the NYSE.

Analyst target and reporting date

BofA cut its AXIS Capital target from USD 131.00 to USD 121.00 on October 12, 2026.
AXIS Capital reported USD 2.70 billion in gross premiums for the second quarter of 2026, up 6.00 percent year over year.
AXIS Capital stock costs EUR 89.00 at Lang & Schwarz on October 20, 2026 at 9:04 p.m. CEST, up 0.58 percent on the NYSE versus the prior close of October 19, 2026.
AXIS Capital plans to publish third-quarter results on October 28, 2026 and host its earnings call on October 29, 2026.

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Bank of America lowered its AXIS Capital price target from USD 131.00 to USD 121.00 on October 12, 2026, while keeping a Neutral rating, as Markets Insider reported. The target is 20.65 percent above the USD 100.29 NYSE quote. AXIS Capital stock was trading at EUR 89.00 at Lang & Schwarz on October 20, 2026 at 9:04 p.m. CEST, up 0.58 percent on the NYSE versus the prior close of October 19, 2026.

Premium growth remains visible

AXIS Capital generated USD 2.70 billion in gross written premiums in the second quarter of 2026, an increase of 6.00 percent from the prior-year quarter. The insurance segment produced USD 2.20 billion, up 15.00 percent year over year, according to Yahoo Finance. Net income available to common shareholders reached USD 251.00 million, or USD 3.38 in diluted earnings per share, for that quarter.

NYSE quote at USD 100.29

The USD 100.29 NYSE quote was 0.58 percent above the prior close of October 19, 2026 at 3:07 p.m. ET. AXIS Capital's 52-week range was USD 88.07 to USD 119.99, and its market capitalization was USD 7.3 billion on October 20, 2026. The quote's P/E ratio was 6.36, while the trailing dividend yield was 2.00 percent.

October 28 results are next

AXIS Capital said it will release third-quarter results for the period ended September 30, 2026 after the market close on October 28, 2026. The company scheduled its investor call for October 29, 2026 at 8:30 a.m. ET, according to the AXIS Capital release. The upcoming report will put the second-quarter premium growth beside catastrophe losses and underwriting margins.

Comparison with peers

AXIS Capital: up 0.58 percent, P/E 6.36, market capitalization USD 7.3 billion. Chubb (NYSE, USD): up 0.11 percent, P/E 12.55, market capitalization USD 137.6 billion. The Travelers Companies (NYSE, USD): up 1.97 percent, P/E 10.31, market capitalization USD 82.0 billion.

Investor view

The key tension is clear: AXIS Capital's second-quarter premiums grew, but the stock's valuation remains materially below the larger insurers listed above. The October 28 results will provide the next dated test of underwriting performance.

The further course of trading is shown by the continuously updated real-time quote of AXIS Capital stock.