Axon Enterprise Announces Redemption of 2027 Convertible Notes

Axon Enterprise ( (AXON) ) just unveiled an update.

On December 18, 2025, Axon Enterprise, Inc. announced that it had delivered a notice of redemption for its 0.50% convertible senior notes due 2027, electing to redeem all outstanding notes on February 10, 2026 at 100% of principal plus accrued and unpaid interest. Holders may convert their notes until the close of business on February 6, 2026, after which conversion will no longer be permitted, with Axon set to settle valid conversions through a mix of cash (for principal and any fractional share amounts) and shares of common stock for any value above principal, based on a 30-trading-day observation period running from December 24, 2025 through February 6, 2026; the move effectively accelerates the wind-down of this debt instrument and could influence Axon’s capital structure and shareholder dilution depending on the level of note conversions.

The most recent analyst rating on (AXON) stock is a Buy with a $713.00 price target. To see the full list of analyst forecasts on Axon Enterprise stock, see the AXON Stock Forecast page.

Spark’s Take on AXON Stock

According to Spark, TipRanks’ AI Analyst, AXON is a Neutral.

Axon’s overall score is driven by strong earnings call results and growth potential, but is weighed down by technical analysis indicating bearish momentum and high valuation concerns. Financial performance shows growth but highlights risks in profitability and cash flow management.

To see Spark’s full report on AXON stock, click here.

More about Axon Enterprise

Axon Enterprise, Inc. operates in the public safety technology industry, providing products and services such as conducted energy weapons, body cameras, and cloud-based digital evidence management platforms to law enforcement and related agencies.

Average Trading Volume: 815,335

Technical Sentiment Signal: Hold

Current Market Cap: $43.8B

For a thorough assessment of AXON stock, go to TipRanks’ Stock Analysis page.