Wells Fargo cuts target for AXIS Capital stock to USD 112.00
Published on 10/17/2026 at 19:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and upcoming results
- Wells Fargo lowered its AXIS Capital target to USD 112.00 on October 12, 2026.
- Second-quarter gross written premiums reached USD 2.70 billion, up 6.00 percent year over year.
- AXIS Capital stock was last at EUR 88.75 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.
- The company is scheduled to report third-quarter results on October 28, 2026.
Wells Fargo lowered its price target for AXIS Capital from USD 126.00 to USD 112.00 on October 12, 2026, while keeping an Overweight rating, according to Markets Insider. At USD 112.00, the target is 12.42 percent above the NYSE closing price of USD 99.63 on October 16, 2026. AXIS Capital stock was last at EUR 88.75 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.
Second-quarter premiums grew 6.00 percent
AXIS Capital generated USD 2.70 billion in gross written premiums in the second quarter of 2026, up 6.00 percent from the year-earlier quarter. The figure came with a 93.00 percent combined ratio, while net income available to common shareholders reached USD 251.00 million, or USD 3.38 per diluted share, according to the Yahoo Finance transcript of the July 29, 2026 earnings call.
Yearly range spans USD 88.07 to 119.99
At USD 99.63 on the NYSE on October 16, 2026, AXIS Capital sat 16.97 percent below its 52-week high of USD 119.99 and 13.12 percent above its 52-week low of USD 88.07. Trading volume was 545,457 shares against an average of 669,332 shares. The company had previously reported that its second-quarter insurance business produced USD 2.20 billion in premiums and USD 119.00 million in underwriting income.
Valuation meets October 28 results
AXIS Capital had a market capitalization of USD 7.30 billion, a price-to-earnings ratio of 6.32 and a dividend yield of 2.00 percent as of October 16, 2026. The company announced on October 1, 2026 that it will release results for the third quarter ended September 30, 2026 after the market close on October 28, 2026, according to AXIS Capital.
Comparison with peers
AXS (NYSE, USD): P/E 6.32, market capitalization USD 7.30 billion
Travelers (NYSE, USD): plus 1.47 percent, P/E 10.21, market capitalization USD 81.20 billion
Chubb (NYSE, USD): plus 1.98 percent, P/E 12.67, market capitalization USD 138.80 billion
Price and market position
AXIS Capital stock was last at EUR 88.75 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST. On the NYSE, the stock closed at USD 99.63 on October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of AXIS Capital stock.
AXIS Capital market facts
- Company: AXIS Capital Holdings Limited
- ISIN: BMG0692U1099
- Ticker: AXS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 11:00 p.m. CEST): EUR 88.75
- Market capitalization: USD 7.30 billion (as of October 16, 2026)
- 52-week range: USD 88.07-119.99 (as of October 16, 2026)
- Sector / Industry: Financial Services / Insurance - Diversified
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
