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

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

Axon Enterprise Inc (NASDAQ:AAXN) released its 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 had revenue of $171.85 million for the quarter, compared to analyst estimates of $146.31 million. Axon Enterprise had a return on equity of 3.20% and a net margin of 3.24%. The company's quarterly revenue was up 49.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.08 earnings per share. View Axon Enterprise's Earnings History.

Axon Enterprise is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Axon Enterprise.

Axon Enterprise issued an update on 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.

9 Wall Street analysts have issued 1-year price targets for Axon Enterprise's shares. Their forecasts range from $63.00 to $94.00. On average, they expect Axon Enterprise's share price to reach $81.00 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Axon Enterprise.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axon Enterprise.

Headlines about AAXN stock have been trending negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring 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 media sentiment score of -2.4 on InfoTrie's scale. They also gave media 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 effect on the stock's share price in the next several days. View News Stories for Axon Enterprise.

Axon Enterprise saw a decrease in short interest in February. As of February 14th, there was short interest totalling 7,370,000 shares, a decrease of 7.4% from the January 30th total of 7,960,000 shares. Based on an average daily trading volume, of 757,100 shares, the short-interest ratio is presently 9.7 days. Approximately 12.7% of the shares of the stock are sold short. View Axon Enterprise's Current Options Chain.

Some companies that are related to Axon Enterprise include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR) and Curtiss-Wright (CW).

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), Twilio (TWLO), Square (SQ), Netflix (NFLX), Cisco Systems (CSCO) and Walt Disney (DIS).

Axon Enterprise's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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, 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, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Michael Garnreiter, Patrick W Smith and Richard H Carmona. View Insider Buying and Selling for Axon Enterprise.

AAXN stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Goldman Sachs Group Inc., Standard Life Aberdeen plc, Alliancebernstein L.P., Lord Abbett & CO. LLC, UBS Group AG, Credit Suisse AG and WCM Investment Management LLC. View Insider Buying and Selling 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 $77.37.

Axon Enterprise has a market capitalization of $4.59 billion and generates $420.07 million in revenue each year. The industrial products company earns $29.20 million in net income (profit) each year or $0.50 on an earnings per share basis. Axon Enterprise employs 1,386 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]