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Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$774.55 -0.83 (-0.11%)
As of 04:00 PM Eastern

AXON vs. NOW, FTNT, CVLT, QLYS, AI, PRGS, MSFT, ORCL, TDG, and HEI

Should you be buying Axon Enterprise stock or one of its competitors? The main competitors of Axon Enterprise include ServiceNow (NOW), Fortinet (FTNT), CommVault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Progress Software (PRGS), Microsoft (MSFT), Oracle (ORCL), Transdigm Group (TDG), and Heico (HEI).

Axon Enterprise vs. Its Competitors

ServiceNow (NYSE:NOW) and Axon Enterprise (NASDAQ:AXON) are both large-cap systems software companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings, media sentiment and valuation.

ServiceNow has higher revenue and earnings than Axon Enterprise. ServiceNow is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ServiceNow$10.98B19.01$1.43B$7.36137.06
Axon Enterprise$2.08B28.95$377.03M$4.14187.09

Axon Enterprise has a net margin of 14.86% compared to ServiceNow's net margin of 13.41%. ServiceNow's return on equity of 17.34% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
ServiceNow13.41% 17.34% 8.38%
Axon Enterprise 14.86%5.81%2.83%

ServiceNow has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500.

ServiceNow currently has a consensus price target of $1,068.23, indicating a potential upside of 5.89%. Axon Enterprise has a consensus price target of $699.55, indicating a potential downside of 9.68%. Given ServiceNow's stronger consensus rating and higher possible upside, equities research analysts clearly believe ServiceNow is more favorable than Axon Enterprise.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ServiceNow
1 Sell rating(s)
2 Hold rating(s)
30 Buy rating(s)
2 Strong Buy rating(s)
2.94
Axon Enterprise
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75

In the previous week, ServiceNow had 40 more articles in the media than Axon Enterprise. MarketBeat recorded 71 mentions for ServiceNow and 31 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 1.38 beat ServiceNow's score of 1.29 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
56 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Axon Enterprise
26 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

87.2% of ServiceNow shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 0.4% of ServiceNow shares are owned by insiders. Comparatively, 4.4% of Axon Enterprise shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

ServiceNow beats Axon Enterprise on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AXON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AXON vs. The Competition

MetricAxon EnterpriseAEROSP/DEF EQ IndustryAerospace SectorNASDAQ Exchange
Market Cap$60.36B$16.84B$25.89B$8.87B
Dividend YieldN/A0.81%1.01%4.10%
P/E Ratio187.09124.1579.2919.90
Price / Sales28.956.716.38113.66
Price / Cash278.3245.3835.0456.90
Price / Book25.386.908.115.38
Net Income$377.03M$266.64M$369.21M$248.50M
7 Day Performance-1.34%2.40%3.14%2.97%
1 Month Performance2.11%7.37%7.54%6.02%
1 Year Performance164.19%74.49%51.74%20.39%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
1.2072 of 5 stars
$774.55
-0.1%
$699.55
-9.7%
+168.1%$60.36B$2.08B187.094,970Positive News
NOW
ServiceNow
4.4424 of 5 stars
$1,023.46
+0.1%
$1,065.32
+4.1%
+28.3%$211.83B$10.98B139.0526,293Positive News
Analyst Forecast
FTNT
Fortinet
4.266 of 5 stars
$105.74
+2.6%
$105.62
-0.1%
+71.1%$80.96B$5.96B43.5312,600Positive News
CVLT
CommVault Systems
4.5211 of 5 stars
$176.10
+1.0%
$182.86
+3.8%
+41.8%$7.84B$995.62M104.143,300Positive News
QLYS
Qualys
2.132 of 5 stars
$141.96
+0.7%
$137.50
-3.1%
+1.5%$5.16B$607.57M29.032,400Positive News
AI
C3.ai
3.8437 of 5 stars
$24.66
+1.7%
$29.38
+19.2%
-14.1%$3.31B$389.06M-11.011,181Insider Trade
Gap Down
PRGS
Progress Software
4.6262 of 5 stars
$63.65
-0.2%
$74.33
+16.8%
+3.7%$2.74B$753.41M49.352,815Trending News
Earnings Report
Analyst Forecast
Analyst Revision
MSFT
Microsoft
4.6498 of 5 stars
$498.37
+0.5%
$521.14
+4.6%
+7.7%$3.71T$245.12B38.53228,000Trending News
Analyst Downgrade
ORCL
Oracle
4.5057 of 5 stars
$221.03
+5.1%
$200.26
-9.4%
+53.1%$622.01B$57.40B51.03162,000Trending News
Analyst Upgrade
Options Volume
TDG
Transdigm Group
3.9052 of 5 stars
$1,514.09
+1.0%
$1,532.47
+1.2%
+20.7%$85.05B$7.94B51.1214,400Analyst Forecast
HEI
Heico
2.7022 of 5 stars
$326.62
+0.3%
$286.00
-12.4%
+45.9%$45.47B$3.86B76.376,500Positive News
Analyst Revision

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This page (NASDAQ:AXON) was last updated on 7/2/2025 by MarketBeat.com Staff
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