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 Q3 regulatory filings by fund managers ($100M+ AUM)
171% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 56
69% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 22 (+9) [Q3]
34% more capital invested
Capital invested by funds: $17.9B [Q2] → $23.9B (+$6.04B) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 258
13% more funds holding
Funds holding: 743 [Q2] → 839 (+96) [Q3]
6% less call options, than puts
Call options by funds: $518M | Put options by funds: $554M
1.52% less ownership
Funds ownership: 80.65% [Q2] → 79.13% (-1.52%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Baird William Power 75% 1-year accuracy 18 / 24 met price target | 27%upside $800 | Outperform Maintained | 6 Dec 2024 |
Morgan Stanley Meta Marshall 58% 1-year accuracy 15 / 26 met price target | 11%upside $700 | Overweight Upgraded | 3 Dec 2024 |
Northland Capital Markets Michael Latimore 62% 1-year accuracy 16 / 26 met price target | 13%downside $550 | Outperform Maintained | 11 Nov 2024 |
Needham Joshua Reilly 67% 1-year accuracy 58 / 87 met price target | 5%downside $600 | Buy Maintained | 8 Nov 2024 |
JMP Securities Trevor Walsh 81% 1-year accuracy 48 / 59 met price target | 21%downside $500 | Market Outperform Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 29 articles about AXON published over the past 30 days