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AXON

Axon Enterprise, Inc.

AXON

NASDAQ·Industrials·Aerospace & Defense·Mkt cap $47.9B

$597.04

+0.52%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$339.01 - $885.92

P/E

239.57

Fwd P/E

77.66

Beta

1.42

Div Yield

0.00%

Avg Vol

1.2M

Shares Out

80.6M

Mkt Cap

$47.9B

Price action

Price chart

Down 23.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • First-mover advantage in law enforcement technology
  • Comprehensive integrated hardware and software solution
  • Strong government and law enforcement relationships
  • Continuous product innovation

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 2.8x vs Defense Electronics peers. Elevated but may be justified by growth trajectory.

Growth

Moderate growth ahead

Increasing demand for police accountability

Value

Growth premium of 2.8x vs Defense Electronics peers. Elevated but may be justified by growth trajectory.

Momentum

Hot

+43.9% over 3m

Quality

Strong

High-growth business (34% revenue growth, 59% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 5, 2026

Q2 26 RECAP

MAY 6, 2026

Reported EPS of $1.61 vs $1.60 consensus (+0.6% surprise). Revenue of $807.3M vs $778.9M expected (+3.6%). Beat on both top and bottom lines.

EPS beat +0.6%
Rev beat +3.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+0.6%

Next: May 5, 2026

Revenue trend · last 8Q

+34%

+31%

+33%

+31%

+39%

+34%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$503.2M

$544.3M

$575.1M

$603.6M

$668.5M

$710.6M

$796.7M

$807.3M

Margins · last 8Q

Gross

59.1%

Operating

4.4%

Profit

21.0%

Wall Street consensus

10 analysts · 90% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

9

90%

Hold

1

10%

Sell

0%

Median Price Target

$567.50

-4.9% vs $597.04

Low $440.00
Median $567.50
High $675.00

Latest: Piper Sandler · Jun 15, 2026

4 analysts covering

vs Industry

How AXON stacks vs Aerospace & Defense

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.