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 stock has increased by 12.5% and is now trading at $68.00. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 2 hold ratings and 5 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, May 14th 2020. View our earnings forecast for Axon Enterprise.

Axon Enterprise Inc (NASDAQ:AAXN) released its quarterly earnings data on Thursday, February, 27th. The industrial products company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.03. The industrial products company had revenue of $171.85 million for the quarter, compared to the consensus estimate of $146.31 million. Axon Enterprise had a net margin of 0.17% and a return on equity of 0.21%. The business's revenue was up 49.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.08 EPS. View Axon Enterprise's earnings history.

Axon Enterprise updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $615-625 million, compared to the consensus revenue estimate of $588.06 million.

7 brokerages have issued 12-month price targets for Axon Enterprise's shares. Their forecasts range from $53.00 to $92.00. On average, they expect Axon Enterprise's share price to reach $79.50 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View analysts' price targets for Axon Enterprise.

Media stories about AAXN stock have been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Axon Enterprise earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAxon Enterprise.

Axon Enterprise saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 5,363,500 shares, a drop of 7.5% from the February 27th total of 5,800,000 shares. Based on an average daily volume of 890,100 shares, the short-interest ratio is currently 6.0 days. Currently, 9.2% of the company's 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), United Technologies (UTX), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), Raytheon (RTN), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Hexcel (HXL).

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

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

Axon Enterprise's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%). 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $68.00.

Axon Enterprise has a market capitalization of $4.05 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. View additional information about Axon Enterprise.

The official website for Axon Enterprise is http://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]