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
Vol877.30K
As of25 Sep 2026

The Verdict

Hold

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/E178.47x
Forward P/E40.76x
EV / EBITDA218.64x
P / S (ttm)10.85x
Profit margin6.2%
Return on equity6.2%
Revenue growth+35.3%
Earnings growth-18.2%
Debt / equity50.36

Layer Breakdown

LayerRawContribution
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.

United States · www.axon.com

Risk Metrics

Beta vs SPX1.29
Corr SPX0.34
Annual vol60.3%
Annual ret+22.2%
Sharpe0.37
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
Analysts18
Strong Buy8
Buy10
Hold2
Sell0
Strong Sell0

Recent rating actions

2026-05-08Barclays→ Overweight
2026-05-07UBS→ Neutral
2026-05-07Piper Sandler→ Overweight
2026-05-07JP Morgan→ Overweight
2026-05-07Citizens→ Market Outperform
2026-04-16JP Morgan→ Overweight

Material Events

DateEvent8-K
2026-08-05Earnings Release, Exhibitsread
2026-07-10Officer / Director Changeread
2026-06-01Shareholder Vote, Exhibitsread
2026-05-06Earnings Release, Exhibitsread
2026-04-10Officer / Director Changeread
2026-03-11Officer / Director Changeread
2026-02-24Earnings Release, Exhibitsread
2026-02-13Other Material Event, Exhibitsread
2025-12-18Other Material Event, Exhibitsread
2025-12-10Securities Issuance, Other Material Event…read
2025-11-04Earnings Release, Exhibitsread
2025-09-02Officer / Director Changeread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders7
Top-5 share99.7%
HHI3,299 (concentrated)

Top Holders

HolderValueShares
State Street Corp$2.18B3.89M
Fidelity / FMR LLC$1.70B3.02M
Capital Research / Capital World$536.95M957.79K
Citadel Advisors$445.61M794.86K
Millennium Management$87.80M156.62K
AQR Capital Management$14.18M25.89K
T. Rowe Price Group$1.05M1.87M

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-1413F-HRview
2026-08-114view
2026-08-114view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-0610-Qview
2026-08-064view
2026-08-058-Kview
2026-07-104view
2026-07-103view
2026-07-104view
2026-07-103view
2026-07-108-Kview
2026-07-094view

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
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

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$444.14$449.68$429.56$430.11877.30K
Sep 24$445.92$449.54$431.01$445.001.43M
Sep 23$459.56$460.98$448.17$450.61770.70K
Sep 22$460.83$462.00$444.71$459.32680.60K
Sep 21$446.42$456.00$443.72$452.06990.70K

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