Axa Equitable Holdings Inc (EQH) fair value: what the stock is really worth
We calculate from audited financials what Axa Equitable Holdings Inc is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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Axa Equitable Holdings Inc
EQH · USLow PriorityFair Value upside is limited and quality is weak.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range $21.00 – $54.69 · fair‑value band $44.25 – $67.38 · the $53.87 price screens below the $53.95 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy.
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Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement variable annuity products, including structured capital strategies, retirement cornerstone, and investment edge primarily to affluent and high net worth individuals. The Group Retirement provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. It offers guaranteed and structured investment option, and personal income benefit variable annuity products and open architecture mutual fund platform. The Asset Management segment offers investment management and related services to various clients through institutions, retail, and private wealth management. The Protection Solutions segment provides life insurance products, such as VUL and COLI insurance, IUL insurance, and term life; and employee benefits business which includes group life, supplemental life, dental, vision, short-term disability, long-term disability, critical illness, accident and hospital indemnity insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Stock analysis
Axa Equitable Holdings Inc (EQH) currently trades at $53.87, while our model-based Fair Value estimate is $53.95, implying the stock looks roughly 0.1% fairly valued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $54.32 per share, and 4 of the 8 models we run sit above the $53.87 price.
Bear case: the Dividend Discount group reads lowest at $13.81, and 4 of the 8 models stay below the price. Evidence for this calculation is medium.
Scenario range: $44.25 (bear) to $67.38 (bull), the price of $53.87 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Axa Equitable Holdings Inc reported revenue of $11.7B in FY2025 versus $7.6B in FY2021, a compound +11.3%/yr. Reported net income was −$1.4B in FY2025.
Key figures
Market cap $16.1B · P/S ratio 1.15 · EPS (TTM) $−2.85 · Dividend yield 0.1% · Net margin −11.8% · Return on equity −13.5% · Return on assets (EBIT) 0.6% · Operating margin 22.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 54% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −25% fair-value upside, at 0%, EQH screens cheaper than that median.
Fair Value models
All 8 models by family
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Set up alert →Quality Score breakdown
Of which business quality 44 · Market factors (momentum, volatility) 62
Revenue & earnings trend
Growth Forecast
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Recent news
- Equitable (EQH) Just Put Bitcoin Inside a Retirement Annuity
- EQH Stock Rallies 24% in 3 Months: Buy, Hold or Book Profits?
- Why Did Equitable Holdings (EQH) Shares Climb Today?
Compare Axa Equitable Holdings Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 655 stocks
Valuation Multiplesvs Asset Management median · lower = cheaper
Strength profile in five axes (Snowflake)
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Asset Management stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Blackstone Inc BX | $126.70 | $52.88 | −58% |
| Investor AB INVEB | kr 402.35 | kr 495.29 | +23% |
| Brookfield Corporation BN | $37.03 | $13.75 | −63% |
| KKR & Co KKR | $100.00 | $19.97 | −80% |
| Apollo Global Management, Inc APO | $127.00 | $226.56 | +78% |
| State Street Corporation STT | $185.13 | $138.33 | −25% |
| Ameriprise Financial, Inc AMP | $540.86 | $536.83 | −1% |
| Ares Management Corporation ARES | $129.10 | $82.65 | −36% |
| Northern Trust Corporation NTRS | $178.74 | $122.02 | −32% |
| Raymond James Financial, Inc RJF | $164.57 | $239.85 | +46% |
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Key figures of Axa Equitable Holdings Inc
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