NASDAQ:AAXNAxon Enterprise Stock Price, Forecast & News

Axon Enterprise's stock was trading at $60.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AAXN shares have increased by 53.4% and is now trading at $92.79. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axon Enterprise.

Axon Enterprise is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Axon Enterprise.

Axon Enterprise Inc (NASDAQ:AAXN) issued its quarterly earnings data on Thursday, May, 7th. The industrial products company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.51. The industrial products company earned $147.16 million during the quarter, compared to the consensus estimate of $131.92 million. Axon Enterprise had a negative net margin of 0.26% and a negative return on equity of 0.28%. The business's quarterly revenue was up 27.1% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. View Axon Enterprise's earnings history.

8 Wall Street analysts have issued 12 month price targets for Axon Enterprise's shares. Their forecasts range from $57.00 to $102.00. On average, they anticipate Axon Enterprise's share price to reach $83.83 in the next year. This suggests that the stock has a possible downside of 9.7%. View analysts' price targets for Axon Enterprise.

Headlines about AAXN stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Axon Enterprise earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutAxon Enterprise.

Axon Enterprise saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,310,000 shares, an increase of 12.7% from the April 30th total of 4,710,000 shares. Based on an average trading volume of 834,000 shares, the days-to-cover ratio is currently 6.4 days. Currently, 9.1% of the shares of the stock are short sold. View Axon Enterprise's Current Options Chain.

Some companies that are related to Axon Enterprise include Lockheed Martin (LMT), Honeywell International (HON), Boeing (BA), United Technologies (UTX), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Curtiss-Wright (CW), Spirit AeroSystems (SPR), Aerojet Rocketdyne (AJRD) and Hexcel (HXL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Axon Enterprise investors own include NVIDIA (NVDA), Alibaba Group (BABA), Ollie's Bargain Outlet (OLLI), Micron Technology (MU), Square (SQ), Paypal (PYPL), Walt Disney (DIS), Twilio (TWLO), salesforce.com (CRM) and Cisco Systems (CSCO).

Axon Enterprise trades on the NASDAQ under the ticker symbol "AAXN."

Axon Enterprise's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.33%), Baillie Gifford & Co. (6.99%), Wellington Management Group LLP (5.78%), State Street Corp (4.76%), Alliancebernstein L.P. (3.41%) and Janus Henderson Group PLC (2.35%). Company insiders that own Axon Enterprise stock include Douglas E Klint, Hadi Partovi, Jawad A Ahsan, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Matthew R Mcbrady, Michael Garnreiter, Patrick W Smith and Richard H Carmona. View institutional ownership trends for Axon Enterprise.

AAXN stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Janus Henderson Group PLC, Alliancebernstein L.P., BlackRock Inc., Ranger Investment Management L.P., UBS Group AG, Wells Fargo & Company MN, and Villere ST Denis J & Co. LLC. Company insiders that have sold Axon Enterprise company stock in the last year include Jawad A Ahsan, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Matthew R Mcbrady, Michael Garnreiter, Patrick W Smith, and Richard H Carmona. View insider buying and selling activity for Axon Enterprise.

AAXN stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Granahan Investment Management Inc. MA, JPMorgan Chase & Co., Deutsche Bank AG, Polar Asset Management Partners Inc., Driehaus Capital Management LLC, and Geode Capital Management LLC. Company insiders that have bought Axon Enterprise stock in the last two years include Hadi Partovi, and Jawad A Ahsan. View insider buying and selling activity for Axon Enterprise.

Shares of AAXN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AAXN stock can currently be purchased for approximately $92.79.

Axon Enterprise has a market capitalization of $5.55 billion and generates $530.86 million in revenue each year. The industrial products company earns $880,000.00 in net income (profit) each year or $0.01 on an earnings per share basis. Axon Enterprise employs 1,916 workers across the globe.

The official website for Axon Enterprise is www.axon.com.

Axon Enterprise's mailing address is 17800 NORTH 85TH STREET, SCOTTSDALE AZ, 85255. The industrial products company can be reached via phone at 480-991-0797 or via email at [email protected]