Axon Enterprise, Inc.

NasdaqGS:AXON Stock Report

Market Cap: US$23.8b

Axon Enterprise Valuation

Is AXON undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AXON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AXON ($312.88) is trading above our estimate of fair value ($197.46)

Significantly Below Fair Value: AXON is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for AXON?

Other financial metrics that can be useful for relative valuation.

AXON key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue14.8x
Enterprise Value/EBITDA122.1x
PEG Ratio5.2x

Price to Earnings Ratio vs Peers

How does AXON's PE Ratio compare to its peers?

The above table shows the PE ratio for AXON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38x
HEI HEICO
62.1x13.8%US$23.7b
HWM Howmet Aerospace
36.8x14.5%US$27.9b
TXT Textron
20x7.6%US$18.5b
LHX L3Harris Technologies
33x15.8%US$40.4b
AXON Axon Enterprise
135.2x25.9%US$23.8b

Price-To-Earnings vs Peers: AXON is expensive based on its Price-To-Earnings Ratio (135.2x) compared to the peer average (38x).


Price to Earnings Ratio vs Industry

How does AXON's PE Ratio compare vs other companies in the US Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.0%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.0%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: AXON is expensive based on its Price-To-Earnings Ratio (135.2x) compared to the US Aerospace & Defense industry average (32.4x).


Price to Earnings Ratio vs Fair Ratio

What is AXON's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AXON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio135.2x
Fair PE Ratio39x

Price-To-Earnings vs Fair Ratio: AXON is expensive based on its Price-To-Earnings Ratio (135.2x) compared to the estimated Fair Price-To-Earnings Ratio (39x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AXON forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$312.88
US$309.22
-1.2%
7.1%US$339.00US$253.58n/a12
Mar ’25US$314.25
US$309.22
-1.6%
7.1%US$339.00US$253.58n/a12
Feb ’25US$252.70
US$261.47
+3.5%
8.7%US$297.00US$233.00n/a12
Jan ’25US$258.33
US$249.63
-3.4%
3.8%US$265.00US$233.00n/a12
Dec ’24US$231.51
US$243.50
+5.2%
5.1%US$265.00US$220.00n/a12
Nov ’24US$207.15
US$236.42
+14.1%
3.5%US$250.00US$220.00n/a12
Oct ’24US$198.99
US$235.92
+18.6%
3.4%US$250.00US$220.00n/a12
Sep ’24US$215.39
US$235.92
+9.5%
3.4%US$250.00US$220.00n/a12
Aug ’24US$183.33
US$238.64
+30.2%
5.1%US$262.00US$220.00n/a11
Jul ’24US$195.12
US$238.64
+22.3%
5.1%US$262.00US$220.00n/a11
Jun ’24US$192.14
US$241.15
+25.5%
4.5%US$262.00US$223.00n/a11
May ’24US$216.00
US$243.61
+12.8%
8.6%US$300.00US$223.00n/a11
Apr ’24US$224.85
US$236.90
+5.4%
4.6%US$263.00US$223.00n/a10
Mar ’24US$221.06
US$232.80
+5.3%
3.2%US$242.00US$222.00US$314.2510
Feb ’24US$198.39
US$197.09
-0.7%
14.0%US$240.00US$155.00US$252.7011
Jan ’24US$165.93
US$184.00
+10.9%
11.5%US$223.00US$152.00US$258.3311
Dec ’23US$185.55
US$179.00
-3.5%
13.7%US$223.00US$130.00US$231.5111
Nov ’23US$147.59
US$155.45
+5.3%
18.4%US$223.00US$120.00US$207.1511
Oct ’23US$115.75
US$155.45
+34.3%
18.4%US$223.00US$120.00US$198.9911
Sep ’23US$115.00
US$156.30
+35.9%
19.1%US$223.00US$120.00US$215.3910
Aug ’23US$111.00
US$152.60
+37.5%
20.9%US$223.00US$120.00US$183.3310
Jul ’23US$93.23
US$156.10
+67.4%
20.2%US$223.00US$120.00US$195.1210
Jun ’23US$99.35
US$156.10
+57.1%
20.2%US$223.00US$120.00US$192.1410
May ’23US$112.20
US$190.67
+69.9%
12.5%US$223.00US$145.00US$216.009
Apr ’23US$139.31
US$196.60
+41.1%
9.8%US$223.00US$170.00US$224.8510
Mar ’23US$142.12
US$196.60
+38.3%
9.8%US$223.00US$170.00US$221.0610

Analyst Forecast: Target price is lower than the current share price.


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