Axis Bank share price: Frequent negative surprises on the earnings front, as seen during the first quarter of 2025-26 (Q1FY26), have forced analysts to cut Axis Bank's earnings forecast for the coming years.
Nuvama Institutional Equities downgraded the stock to “Hold” on repeated volatility in asset quality and earnings growth.
“We cut earnings by 5.4 per cent for FY26 and 6.3 per cent for FY27 on an already below consensus base, and trim our target to ₹1,180 from ₹1,400. Since Axis Bank has more catching up to do on rate cuts compared to peers, we expect the stock's discount to peers

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