NASDAQ:AAXN - Axon Enterprise Stock Price, Forecast & News

Axon Enterprise's stock was trading at $60.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AAXN shares have increased by 23.1% and is now trading at $74.41. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 2 hold ratings and 6 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) posted its quarterly earnings results on Thursday, February, 27th. The industrial products company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.03. The industrial products company earned $171.85 million during 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 firm's revenue was up 49.7% compared to the same quarter last year. During the same period last year, the business earned $0.08 earnings per share. View Axon Enterprise's earnings history.

Axon Enterprise updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (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.

8 analysts have issued 12-month price objectives for Axon Enterprise's stock. Their forecasts range from $53.00 to $92.00. On average, they anticipate Axon Enterprise's stock price to reach $77.71 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price. View analysts' price targets for Axon Enterprise.

Headlines about AAXN stock have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Axon Enterprise earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. 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 trading volume, of 890,100 shares, the short-interest ratio is presently 6.0 days. Approximately 9.2% 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), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Curtiss-Wright (CW), Spirit AeroSystems (SPR) and Hexcel (HXL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Axon Enterprise investors own include Ollie's Bargain Outlet (OLLI), NVIDIA (NVDA), 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 investors include Baillie Gifford & Co. (7.06%), State Street Corp (4.80%), Janus Henderson Group PLC (4.38%), Alliancebernstein L.P. (4.36%), Conestoga Capital Advisors LLC (1.41%) and Geode Capital Management LLC (1.38%). 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 Villere ST Denis J & Co. LLC, Victory Capital Management Inc., Victory Capital Management Inc., State Street Corp, Baillie Gifford & Co., Migdal Insurance & Financial Holdings Ltd., First Trust Advisors LP, and Raymond James & Associates. Company insiders that have sold Axon Enterprise company stock in the last year include Hadi Partovi, Jawad A Ahsan, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Matthew R Mcbrady, Michael Garnreiter, and Patrick W Smith. View insider buying and selling activity for Axon Enterprise.

AAXN stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Janus Henderson Group PLC, Goldman Sachs Group Inc., Standard Life Aberdeen plc, Alliancebernstein L.P., Lord Abbett & CO. LLC, UBS Group AG, and Credit Suisse AG. 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 $74.41.

Axon Enterprise has a market capitalization of $4.43 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]