Axon Enterprise (AXON)

• Market cap: $47.6B
• 1 day: 1.44%
• 5 days: 6.03%
• 1 month: 16.20%
• 3 months: -4.51%
• 6 months: 37.64%
• Year to date: 2.45%
• 1 year: 95.06%
• 5 years: 712.24%
• 10 years: 2,547.88%
• Sector: Industrials
• Industry: Aerospace & Defense

About: Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, productivity and real-time operations software, body cameras, in-car cameras, TASER energy devices, drones and robotic security, and training solutions. The company's operation comprises of two operating segments, Software and Sensors, and TASER. The company generates the majority of its revenue from the Software and Sensors segment, which is engaged in developing, manufacturing, and selling fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

Employees: 4,970

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

404% more first-time investments, than exits

New positions opened: 257 | Existing positions closed: 51

53% more capital invested

Capital invested by funds: $24B [Q3] → $36.6B (+$12.6B) [Q4]

48% more funds holding in top 10

Funds holding in top 10: 23 [Q3] → 34 (+11) [Q4]

22% more funds holding

Funds holding: 846 [Q3] → 1,033 (+187) [Q4]

0.34% more ownership

Funds ownership: 79.16% [Q3] → 79.51% (+0.34%) [Q4]

2% less repeat investments, than reductions

Existing positions increased: 327 | Existing positions reduced: 333

10% less call options, than puts

Call options by funds: $778M | Put options by funds: $868M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $600 2% downside
• Avg. target: $680 11% upside
• High target: $726 19% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Needham Joshua Reilly 38% 1-year accuracy 29 / 76 met price target	2% downside $600	Buy Reiterated	23 Apr 2025
Barclays Tim Long 54% 1-year accuracy 31 / 57 met price target	19% upside $726	Overweight Maintained	27 Feb 2025
Citizens Capital Markets Daniel Stauder 45% 1-year accuracy 5 / 11 met price target	19% upside $725	Market Outperform Reiterated	26 Feb 2025
Craig-Hallum Jeremy Hamblin 25% 1-year accuracy 5 / 20 met price target	2% upside $625	Hold Downgraded	20 Feb 2025
JMP Securities Trevor Walsh 66% 1-year accuracy 35 / 53 met price target	19% upside $725	Market Outperform Maintained	4 Feb 2025