Inside the research
Axon Enterprise, Inc.
AXON Research profile · latest available data
Price overview
$430.11
▼ -14.89 (-3.3%)
| 52w hi | $759.44 |
|---|---|
| 52w lo | $345.94 |
| Vol | 877.30K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.28
| Short | +0.07 |
|---|---|
| Medium | -0.42 |
| Long | -0.69 |
computed 2026-09-27
Key fundamentals
Axon Enterprise, Inc.
Industrials · Aerospace & Defense
| Market cap | $34.94B |
|---|---|
| Enterprise value | $36.10B |
| Trailing P/E | 178.47x |
| Forward P/E | 40.76x |
| EV / EBITDA | 218.64x |
| P / S (ttm) | 10.85x |
| Profit margin | 6.2% |
| Return on equity | 6.2% |
| Revenue growth | +35.3% |
| Earnings growth | -18.2% |
| Debt / equity | 50.36 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.03 | |
| Sector | -0.07 | |
| Technical | -0.06 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment also offers Axon Evidence, Draft One, Axon Records, Axon Standards, Axon Fusus, Axon Assistant, and others. The Connected Devices segment engages in the development, manufacture, and sale of integrated hardware solutions, such as conducted energy devices under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, accessories, extended warranties, and related hardware products, as well as virtual reality training hardware. The company serves first responders across international, federal, state, and local governments, international governmental entities, commercial enterprises, and consumers through direct sales, distribution partners, and third-party resellers. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.
Risk Metrics
| Beta vs SPX | 1.29 |
|---|---|
| Corr SPX | 0.34 |
| Annual vol | 60.3% |
| Annual ret | +22.2% |
| Sharpe | 0.37 |
| Max DD | -60.3% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $662.04 |
|---|---|
| High / Low | $825.00 / $409.68 |
| Median | $675.00 |
| Analysts | 18 |
| Strong Buy | 8 | |
|---|---|---|
| Buy | 10 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-08 | Barclays | → Overweight |
| 2026-05-07 | UBS | → Neutral |
| 2026-05-07 | Piper Sandler | → Overweight |
| 2026-05-07 | JP Morgan | → Overweight |
| 2026-05-07 | Citizens | → Market Outperform |
| 2026-04-16 | JP Morgan | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Exhibits | read |
| 2026-07-10 | Officer / Director Change | read |
| 2026-06-01 | Shareholder Vote, Exhibits | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-04-10 | Officer / Director Change | read |
| 2026-03-11 | Officer / Director Change | read |
| 2026-02-24 | Earnings Release, Exhibits | read |
| 2026-02-13 | Other Material Event, Exhibits | read |
| 2025-12-18 | Other Material Event, Exhibits | read |
| 2025-12-10 | Securities Issuance, Other Material Event… | read |
| 2025-11-04 | Earnings Release, Exhibits | read |
| 2025-09-02 | Officer / Director Change | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 99.7% |
| HHI | 3,299 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $2.18B | 3.89M |
| Fidelity / FMR LLC | $1.70B | 3.02M |
| Capital Research / Capital World | $536.95M | 957.79K |
| Citadel Advisors | $445.61M | 794.86K |
| Millennium Management | $87.80M | 156.62K |
| AQR Capital Management | $14.18M | 25.89K |
| T. Rowe Price Group | $1.05M | 1.87M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $2.08B | +23.8% | |
| Gross profit | $1.24B | +26.7% | |
| Operating income | $156.85M | +27.5% | |
| Net income | $377.03M | +63.7% | |
| Cash from ops | $211.34M | +19.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $444.14 | $449.68 | $429.56 | $430.11 | 877.30K |
| Sep 24 | $445.92 | $449.54 | $431.01 | $445.00 | 1.43M |
| Sep 23 | $459.56 | $460.98 | $448.17 | $450.61 | 770.70K |
| Sep 22 | $460.83 | $462.00 | $444.71 | $459.32 | 680.60K |
| Sep 21 | $446.42 | $456.00 | $443.72 | $452.06 | 990.70K |
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