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Axon Enterprise NasdaqGS:AXON Stock Report

Last Price

US$631.25

Market Cap

US$48.1b

7D

2.5%

1Y

144.1%

Updated

26 Dec, 2024

Data

Company Financials +

Axon Enterprise, Inc.

NasdaqGS:AXON Stock Report

Market Cap: US$48.1b

AXON Stock Overview

Develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. More details

AXON fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 17.71% per year

Earnings grew by 101.1% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 13 Analysts

AI, VR, And TASER 10 Will Shape The Future Of Public Safety

Key Takeaways Axon's AI and VR innovations, coupled with key acquisitions, are driving revenue growth and increasing market adoption in public safety and international sectors. Strong bookings and economies of scale suggest robust demand, higher margins, and potential for enhanced future earnings and shareholder value.
View narrative
US$598.08
FV
5.5% overvalued intrinsic discount
22.76%
Revenue growth p.a.
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19users have followed this narrative
Updated narrative

Axon Enterprise, Inc. Competitors

Howmet Aerospace

NYSE:HWM

US$45.5b

HEICO

NYSE:HEI

US$29.0b

TransDigm Group

NYSE:TDG

US$73.2b

L3Harris Technologies

NYSE:LHX

US$40.5b

Price History & Performance

Summary of share price highs, lows and changes for Axon Enterprise
Historical stock prices
Current Share PriceUS$631.25
52 Week HighUS$698.67
52 Week LowUS$241.72
Beta1.02
1 Month Change-0.14%
3 Month Change59.67%
1 Year Change144.11%
3 Year Change304.47%
5 Year Change724.52%
Change since IPO110,484.01%

Recent News & Updates

Axon Enterprise: Great Business, Excessive Valuation

Dec 24

Axon Enterprise: One Of My Best Calls Ever Is Now A Nasdaq-100 Stock

Dec 17

The Return Trends At Axon Enterprise (NASDAQ:AXON) Look Promising

Nov 23
The Return Trends At Axon Enterprise (NASDAQ:AXON) Look Promising

Recent updates

Axon Enterprise: Great Business, Excessive Valuation

Dec 24

Axon Enterprise: One Of My Best Calls Ever Is Now A Nasdaq-100 Stock

Dec 17

The Return Trends At Axon Enterprise (NASDAQ:AXON) Look Promising

Nov 23
The Return Trends At Axon Enterprise (NASDAQ:AXON) Look Promising

Axon Enterprise: AI Upside Negated By Full Valuation

Nov 16

Axon Enterprise, Inc. Just Recorded A 1,679% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 09
Axon Enterprise, Inc. Just Recorded A 1,679% EPS Beat: Here's What Analysts Are Forecasting Next

Axon Enterprise, Inc.'s (NASDAQ:AXON) Intrinsic Value Is Potentially 19% Below Its Share Price

Nov 07
Axon Enterprise, Inc.'s (NASDAQ:AXON) Intrinsic Value Is Potentially 19% Below Its Share Price

Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues

Oct 16
Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues

Axon Enterprise: The Potential Of AI Innovation And Why It's A Buy

Oct 13

These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely

Oct 05
These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely

Axon Enterprises: Do Not Get Tasered

Sep 15

Here's Why We Think Axon Enterprise (NASDAQ:AXON) Is Well Worth Watching

Sep 12
Here's Why We Think Axon Enterprise (NASDAQ:AXON) Is Well Worth Watching

When Should You Buy Axon Enterprise, Inc. (NASDAQ:AXON)?

Aug 21
When Should You Buy Axon Enterprise, Inc. (NASDAQ:AXON)?

Axon Enterprise (NASDAQ:AXON) Is Looking To Continue Growing Its Returns On Capital

Aug 10
Axon Enterprise (NASDAQ:AXON) Is Looking To Continue Growing Its Returns On Capital

A Look At The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)

Jul 30
A Look At The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)

Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues

Jul 16
Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues

Axon: Lofty Valuation Yet Capturing More Long-Term Growth

Jul 09

Axon Enterprise: Draft One AI Is A Game Changer

Jun 13

Axon Enterprise: My Expectation Is An Earnings Beat From This High-Quality Company (Rating Upgrade)

May 03

If EPS Growth Is Important To You, Axon Enterprise (NASDAQ:AXON) Presents An Opportunity

Apr 29
If EPS Growth Is Important To You, Axon Enterprise (NASDAQ:AXON) Presents An Opportunity

Investors Still Waiting For A Pull Back In Axon Enterprise, Inc. (NASDAQ:AXON)

Apr 01
Investors Still Waiting For A Pull Back In Axon Enterprise, Inc. (NASDAQ:AXON)

Beyond The TASER: How Axon Is Revolutionizing Public Safety (And Your Portfolio)

Mar 26

Axon Enterprise: Flywheel Continues To Deliver Strong Results

Mar 05

Results: Axon Enterprise, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 29
Results: Axon Enterprise, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Returns On Capital At Axon Enterprise (NASDAQ:AXON) Have Hit The Brakes

Feb 27
Returns On Capital At Axon Enterprise (NASDAQ:AXON) Have Hit The Brakes

Axon: Bringing AI To Law Enforcement Through Innovation

Feb 01

Estimating The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)

Jan 23
Estimating The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)

Over 18% Annual Return Potential: Axon May Be The Best Compounder In The Defense Industry

Jan 16

Shareholders Should Be Pleased With Axon Enterprise, Inc.'s (NASDAQ:AXON) Price

Jan 01
Shareholders Should Be Pleased With Axon Enterprise, Inc.'s (NASDAQ:AXON) Price

Shareholder Returns

AXONUS Aerospace & DefenseUS Market
7D2.5%-0.2%-0.4%
1Y144.1%27.2%24.8%

Return vs Industry: AXON exceeded the US Aerospace & Defense industry which returned 27.2% over the past year.

Return vs Market: AXON exceeded the US Market which returned 24.8% over the past year.

Price Volatility

Is AXON's price volatile compared to industry and market?
AXON volatility
AXON Average Weekly Movement9.1%
Aerospace & Defense Industry Average Movement6.9%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: AXON has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AXON's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19933,330Rick Smithwww.axon.com

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

Axon Enterprise, Inc. Fundamentals Summary

How do Axon Enterprise's earnings and revenue compare to its market cap?
AXON fundamental statistics
Market capUS$48.14b
Earnings (TTM)US$297.36m
Revenue (TTM)US$1.94b

161.9x

P/E Ratio

24.8x

P/S Ratio

Is AXON overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXON income statement (TTM)
RevenueUS$1.94b
Cost of RevenueUS$781.00m
Gross ProfitUS$1.16b
Other ExpensesUS$862.10m
EarningsUS$297.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.90
Gross Margin59.75%
Net Profit Margin15.32%
Debt/Equity Ratio32.4%

How did AXON perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:28
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Axon Enterprise, Inc. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Timothy LongBarclays
Jordan LyonnaisBofA Global Research