Arxis (NASDAQ:ARXS) Stock Price Target Raised at Royal Bank Of Canada

Arxis (NASDAQ:ARXS) had its price target raised by Royal Bank Of Canada from $60.00 to $64.00 in a report published on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

Several other research firms also recently weighed in on ARXS. Weiss Ratings raised shares of Arxis from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Morgan Stanley restated an “overweight” rating and issued a $62.00 price target on shares of Arxis in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Arxis in a research note on Sunday, August 2nd. Citigroup lifted their price objective on shares of Arxis from $61.00 to $67.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company lifted their price objective on shares of Arxis from $52.00 to $63.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $55.36.

Arxis Trading Down 7.5%

NASDAQ:ARXS opened at $50.82 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.79 and a current ratio of 5.21. The firm’s 50-day simple moving average is $51.25. Arxis has a twelve month low of $33.15 and a twelve month high of $61.50. The company has a market cap of $21.22 billion and a price-to-earnings ratio of 635.25.

Arxis (NASDAQ:ARXS) last released its earnings results on Wednesday, July 29th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.35. The business had revenue of $500.73 million for the quarter. The firm’s revenue for the quarter was up 25.0% compared to the same quarter last year. On average, research analysts forecast that Arxis will post 0.57 earnings per share for the current year.

Hedge Funds Weigh In On Arxis

Institutional investors have recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a new position in shares of Arxis during the 2nd quarter valued at about $19,506,000. Alyeska Investment Group L.P. acquired a new stake in Arxis in the 2nd quarter worth approximately $13,842,000. State Street Corp acquired a new stake in Arxis in the 2nd quarter worth approximately $9,948,000. BlueCrest Capital Management Ltd bought a new stake in Arxis during the second quarter worth approximately $7,389,000. Finally, Grandeur Peak Global Advisors LLC bought a new stake in Arxis during the second quarter worth approximately $2,740,000.

More Arxis News

Here are the key news stories impacting Arxis this week:

• Positive Sentiment: Arxis raised its full-year 2026 revenue guidance to $2.1 billion, above the roughly $2.0 billion analyst consensus. The company also increased its earnings guidance and provided an outlook for 2027, signaling continued operating momentum. Arxis Raises Earnings Guidance for the Full Year 2026
• Positive Sentiment: Third-quarter revenue increased, while management’s earnings commentary and the raised 2026 outlook reinforced expectations for growth. The results and outlook were discussed during the company’s earnings call. Arxis Q3 Revenue Rises; 2026 Guidance Raised, 2027 Outlook Issued
• Positive Sentiment: Morgan Stanley raised its Arxis price target from $62 to $66 and maintained an overweight rating. RBC likewise increased its target from $60 to $64 while retaining an outperform rating. The revisions imply substantial upside from the referenced $50.82 share price and indicate improving analyst confidence. RBC Raises Price Target on Arxis
• Neutral Sentiment: Despite the positive fundamental and analyst news, Arxis trades at a very high reported price-to-earnings ratio, leaving the stock sensitive to changes in growth expectations and investor risk appetite.

About Arxis

We are a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components engineered for cutting-edge performance in extreme environments. Leveraging significant intellectual property (“IP”) and world-class engineering capabilities, we design and deliver innovative solutions that address some of our customers’ most complex performance needs. Arxis is the result of a deliberate and disciplined strategy executed by our sponsor, Arcline, and the Arxis management team to create a purpose-built, cohesive business through targeted acquisitions with similar product and end market characteristics.