Axon Enterprise, Inc.

NasdaqGS:AXON Stock Report

Market Cap: US$32.0b

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 ($425.84) is trading above our estimate of fair value ($370.6)

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/Revenue17.5x
Enterprise Value/EBITDA160.9x
PEG Ratio6.7x

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 Average50.2x
HEI HEICO
71.3x14.0%US$29.5b
HWM Howmet Aerospace
43.9x16.5%US$40.7b
LHX L3Harris Technologies
38.9x20.8%US$46.9b
TDG TransDigm Group
46.9x14.0%US$73.1b
AXON Axon Enterprise
110.7x16.5%US$32.0b

Price-To-Earnings vs Peers: AXON is expensive based on its Price-To-Earnings Ratio (110.7x) compared to the peer average (50.2x).


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/a13.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.6%
n/an/an/a
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Price-To-Earnings vs Industry: AXON is expensive based on its Price-To-Earnings Ratio (110.7x) compared to the US Aerospace & Defense industry average (32.5x).


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 Ratio110.7x
Fair PE Ratio30x

Price-To-Earnings vs Fair Ratio: AXON is expensive based on its Price-To-Earnings Ratio (110.7x) compared to the estimated Fair Price-To-Earnings Ratio (30x).


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$425.84
US$429.92
+1.0%
12.9%US$525.00US$365.00n/a13
Oct ’25US$399.22
US$385.31
-3.5%
5.5%US$430.00US$335.00n/a13
Sep ’25US$364.97
US$378.00
+3.6%
4.4%US$400.00US$335.00n/a13
Aug ’25US$299.63
US$369.62
+23.4%
6.1%US$400.00US$320.00n/a13
Jul ’25US$289.21
US$367.27
+27.0%
6.5%US$400.00US$320.00n/a11
Jun ’25US$281.67
US$357.80
+27.0%
10.9%US$400.00US$253.58n/a12
May ’25US$311.57
US$328.38
+5.4%
11.2%US$400.00US$253.58n/a12
Apr ’25US$311.37
US$309.22
-0.7%
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$220.00US$425.8412
Oct ’24US$198.99
US$235.92
+18.6%
3.4%US$250.00US$220.00US$399.2212
Sep ’24US$215.39
US$235.92
+9.5%
3.4%US$250.00US$220.00US$364.9712
Aug ’24US$183.33
US$238.64
+30.2%
5.1%US$262.00US$220.00US$299.6311
Jul ’24US$195.12
US$238.64
+22.3%
5.1%US$262.00US$220.00US$289.2111
Jun ’24US$192.14
US$241.15
+25.5%
4.5%US$262.00US$223.00US$281.6711
May ’24US$216.00
US$243.61
+12.8%
8.6%US$300.00US$223.00US$311.5711
Apr ’24US$224.85
US$236.90
+5.4%
4.6%US$263.00US$223.00US$311.3710
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

Analyst Forecast: Target price is less than 20% higher than the current share price.


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