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Axon Enterprise, Inc. (AXON)
NASDAQ:AXON
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Axon Enterprise (AXON) Price & Analysis

4,644 Followers

AXON Stock Chart & Stats

$502.34
$24.16(4.81%)
At close: 4:00 PM EDT
$502.34
$24.16(4.81%)

Bulls Say, Bears Say

Bulls Say
Recurring Revenue & RetentionStrong ARR growth and a 126% net revenue retention indicate durable subscription-led revenue expansion and meaningful in-base upsell. High retention lowers churn-driven downside, improves visibility into multi-year cash flows, and supports predictable SaaS-style margin expansion as software penetration rises.
Platform Solutions ExpansionRapid platform and adjacent product growth (platforms +123%, Dedrone >$100M) diversifies the business beyond legacy devices. This structural shift into higher-value, software-enabled platforms can raise customer switching costs, enable cross-sell of cloud services, and improve long-term revenue quality and margin durability.
Large Contracted Bookings & VisibilityVery large future contracted bookings provide multi-year revenue visibility and de-risk near-term growth. High booked backlog supports planning, capital allocation and recurring-service expansion, reducing sensitivity to quarter-to-quarter hardware shipment variability and smoothing long-term revenue trajectories.
Bears Say
Sizable Debt LoadA meaningful absolute debt balance combined with lower recent returns constrains financial flexibility for M&A, buybacks or large capex. Servicing debt increases sensitivity to interest rates and can limit ability to absorb prolonged margin or cash flow shocks without raising external capital or cutting investments.
Volatile Profitability & Muted Net MarginsDespite strong top-line growth, profitability has swung materially (including an operating loss) and net margins remain mid-single-digits. This uneven operating leverage and muted returns reduce free cash flow resilience and limit reinvestment capacity, raising execution risk if growth or mix shifts unfavorably.
Hardware Cost And Inventory PressureOngoing reliance on hardware exposes gross margins to volatile component prices, memory cost cycles and tariffs. Management is building inventory to mitigate supply risk, which strains FCF and can persist if memory or tariff dynamics remain adverse, making margin and cash conversion less predictable.

Axon Enterprise News

AXON FAQ

What was Axon Enterprise, Inc.’s price range in the past 12 months?
Axon Enterprise, Inc. lowest stock price was $339.01 and its highest was $878.62 in the past 12 months.
    What is Axon Enterprise, Inc.’s market cap?
    Axon Enterprise, Inc.’s market cap is $42.54B.
      When is Axon Enterprise, Inc.’s upcoming earnings report date?
      Axon Enterprise, Inc.’s upcoming earnings report date is Nov 10, 2026 which is in 93 days.
        How were Axon Enterprise, Inc.’s earnings last quarter?
        Axon Enterprise, Inc. released its earnings results on Aug 05, 2026. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.844 by $0.036.
          Is Axon Enterprise, Inc. overvalued?
          According to Wall Street analysts Axon Enterprise, Inc.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Axon Enterprise, Inc. pay dividends?
            Axon Enterprise, Inc. does not currently pay dividends.
            What is Axon Enterprise, Inc.’s EPS estimate?
            Axon Enterprise, Inc.’s EPS estimate is 1.94.
              How many shares outstanding does Axon Enterprise, Inc. have?
              Axon Enterprise, Inc. has 80,602,070 shares outstanding.
                What happened to Axon Enterprise, Inc.’s price movement after its last earnings report?
                Axon Enterprise, Inc. reported an EPS of $1.88 in its last earnings report, beating expectations of $1.844. Following the earnings report the stock price went down -14.279%.
                  Which hedge fund is a major shareholder of Axon Enterprise, Inc.?
                  Currently, no hedge funds are holding shares in AXON
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Axon Enterprise, Inc.

                    Axon Enterprise, Inc., founded in 1993 and headquartered in Scottsdale, Arizona, was previously known as TASER International, Inc. until its rebranding in April 2017. The company specializes in the development, production, and sale of conducted energy devices (CEDs) marketed under its well-known TASER brand, catering to both domestic and international clients. Axon's operations are divided into two primary segments: TASER, and Software and Sensors. In addition to its signature TASER devices, such as the TASER 7, X26P, X2, and consumer models, along with their corresponding cartridges, Axon offers an extensive portfolio of hardware and cloud-based software. These solutions are designed to equip law enforcement agencies with the means to capture, securely archive, manage, share, and analyze video and other digital evidence. Key products in this category include on-officer body cameras, Axon Fleet in-car systems, the Axon Evidence digital evidence management platform, Axon Signal-enabled devices, extended hardware warranties, and vital accessories like docks, cartridges, and batteries. Axon distributes its offerings through multiple channels, including its dedicated direct sales force, various distribution partners, its online storefront, and authorized third-party resellers. Furthermore, the company has established a strategic partnership with Fusus, Inc. to enhance the functionality of Axon Respond and the Fusus Real Time Crime Center in the Cloud solution, providing agencies with real-time operational awareness and more efficient investigative processes.

                    Axon Enterprise (AXON) Earnings & Revenues

                    AXON Company Deck

                    AXON Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong, broad-based growth across revenue, software, devices, bookings and international/enterprise markets, with notable product momentum (Dedrone > $100M, TASER 10, Axon Body deployments) and improved profitability metrics. Management raised revenue guidance and highlighted durable metrics (ARR +39%, NRR 126%). Headwinds are present—inventory-driven near-term free cash flow pressure, rising memory/component costs, tariff variability, product-mix impacts, and privacy/governance risks—that could compress margins in Q3 before normalization in Q4. Overall the positives —scale, accelerating software adoption (including AI), bookings momentum and raised guidance—significantly outweigh the transitory operational and mix challenges.View all AXON earnings summaries

                    AXON Revenue Breakdown

                    32.88%32.88%14.28%9.57%43.27%
                    32.88% TASER
                    14.28% Personal Sensors
                    9.57% Platform Solutions
                    43.27% Software and Services
                    tipranks

                    AXON Stock 12 Month Forecast

                    Average Price Target

                    $731.50
                    ▲(45.62% Upside)
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                    Ownership Overview

                    4.95%27.62%8.08%25.49%
                    8.08% Other Institutional Investors
                    25.49% Public Companies and Individual Investors
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