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

4,595 Followers

AXON Stock Chart & Stats

$402.85
$7.89(1.40%)
At close: 4:00 PM EST
$402.85
$7.89(1.40%)

Bulls Say, Bears Say

Bulls Say
Recurring Revenue / ARRHigh and growing ARR with 125% NRR indicates durable subscription economics and strong upsell within existing accounts. Recurring cloud fees tied to device installs create predictable revenue, lengthen customer lifetime value, and reduce reliance on one-time hardware sales over 2–6 months and beyond.
Integrated Hardware + Software EcosystemAxon’s bundled devices, cloud evidence management and software create a high-switching-cost ecosystem. Hardware sales drive software adoption and vice versa, supporting durable gross margins (~59%–61%) and sustained cross-sell opportunities that underpin repeatable revenue and long-term customer retention.
Large Backlog And Contracted BookingsA multibillion-dollar contracted bookings backlog provides multi-period revenue visibility and supports capacity planning. Large booked programs across public safety, international and enterprise reduce near-term demand uncertainty and underpin the company’s ability to scale software and services over several quarters.
Bears Say
Weakened Cash ConversionSharp decline in cash conversion and FCF limits financial flexibility to fund inventory, R&D, or M&A without external financing. Persistently low FCF relative to earnings raises sustainability questions for reinvestment cadence and increases sensitivity to working‑capital swings over the next several quarters.
Rising LeverageDebt increases from a previously low base reduce balance sheet optionality and raise interest and refinancing exposure. With cash generation weakened, higher leverage constrains strategic flexibility (buybacks, acquisitions, pricing investments) and elevates financial risk if macro conditions tighten.
Low‑Margin Hardware & Early‑Stage Execution RiskLower margins in platform/Dedrone hardware and still‑immature initiatives (Axon 911, Outpost) pressure consolidated profitability until scale and repeatability improve. Execution risk on nascent enterprise/AI expansions could delay margin recovery and the company’s ability to meet medium‑term EBITDA targets.

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 $885.91 in the past 12 months.
    What is Axon Enterprise, Inc.’s market cap?
    Axon Enterprise, Inc.’s market cap is $46.91B.
      When is Axon Enterprise, Inc.’s upcoming earnings report date?
      Axon Enterprise, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 30 days.
        How were Axon Enterprise, Inc.’s earnings last quarter?
        Axon Enterprise, Inc. released its earnings results on May 06, 2026. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.597 by $0.013.
          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 1.83.
              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 $1.61 in its last earnings report, beating expectations of $1.597. Following the earnings report the stock price went up 10.633%.
                  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

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was strongly positive: broad-based double-digit growth across revenue (+34%), ARR (+35%) and NRR (125%), rapid AI and Dedrone adoption (AI bookings +140%, AI revenue +700% YoY, Dedrone bookings +500%, revenue +300%+), upgraded guidance (30%–32% revenue growth) and sizable backlog ($14.3B, +44%). Management also proactively invested in inventory and reiterated margin and FCF targets. Key near-term challenges relate to inflationary component costs, inventory-driven cash timing, lower early-stage hardware margins (platform solutions/Dedrone) and execution risk for nascent businesses (Axon 911, Outpost). On balance, the highlights significantly outweigh the lowlights, driven by accelerating product adoption, geographic expansion and strong bookings.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

                    $670.50
                    ▲(66.44% Upside)
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31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":533.21,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":567.93,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 21,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n  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                    Ownership Overview

                    4.78%27.62%1.23%32.53%
                    1.23% Other Institutional Investors
                    32.53% Public Companies and Individual Investors
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