Axon EnterpriseAXON
About: Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and derives the majority of its revenue from the software & sensors segment and geographically from the United States.
Employees: 4,260
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
46% more repeat investments, than reductions
Existing positions increased: 316 | Existing positions reduced: 217
19.39% more ownership
Funds ownership: 59.93% [Q1] → 79.33% (+19.39%) [Q2]
13% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 80
1% more funds holding
Funds holding: 733 [Q1] → 743 (+10) [Q2]
5% less call options, than puts
Call options by funds: $343M | Put options by funds: $362M
5% less capital invested
Capital invested by funds: $18.6B [Q1] → $17.6B (-$963M) [Q2]
13% less funds holding in top 10
Funds holding in top 10: 15 [Q1] → 13 (-2) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Needham Joshua Reilly 68% 1-year accuracy 52 / 77 met price target | 18%upside $525 | Buy Maintained | 22 Oct 2024 |
JMP Securities Trevor Walsh 91% 1-year accuracy 52 / 57 met price target | 3%downside $430 | Market Outperform Maintained | 12 Sept 2024 |
Baird William Power 67% 1-year accuracy 12 / 18 met price target | 10%downside $400 | Outperform Maintained | 10 Sept 2024 |
JMP Securities Trevor Walsh 91% 1-year accuracy 52 / 57 met price target | 16%downside $375 | Market Outperform Reiterated | 9 Sept 2024 |
Northland Capital Markets Michael Latimore 54% 1-year accuracy 7 / 13 met price target | 18%downside $365 | Outperform Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 14 articles about AXON published over the past 30 days
