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Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$388.19 +11.37 (+3.02%)
Closing price 04:00 PM Eastern
Extended Trading
$388.28 +0.08 (+0.02%)
As of 07:59 PM Eastern
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AXON vs. NOW, FTNT, CVLT, QLYS, and AI

Should you buy Axon Enterprise stock or one of its competitors? MarketBeat compares Axon Enterprise with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Axon Enterprise include ServiceNow (NOW), Fortinet (FTNT), CommVault Systems (CVLT), Qualys (QLYS), and C3.ai (AI). These companies are all part of the "systems software" industry.

How does Axon Enterprise compare to ServiceNow?

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

In the previous week, ServiceNow had 64 more articles in the media than Axon Enterprise. MarketBeat recorded 85 mentions for ServiceNow and 21 mentions for Axon Enterprise. ServiceNow's average media sentiment score of 1.13 beat Axon Enterprise's score of 0.57 indicating that ServiceNow is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive
ServiceNow
63 Very Positive mention(s)
1 Positive mention(s)
14 Neutral mention(s)
4 Negative mention(s)
2 Very Negative mention(s)
Positive

Axon Enterprise presently has a consensus target price of $712.75, indicating a potential upside of 83.61%. ServiceNow has a consensus target price of $144.71, indicating a potential upside of 59.79%. Given Axon Enterprise's higher probable upside, equities analysts clearly believe Axon Enterprise is more favorable than ServiceNow.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84
ServiceNow
1 Sell rating(s)
6 Hold rating(s)
33 Buy rating(s)
2 Strong Buy rating(s)
2.86

ServiceNow has a net margin of 12.59% compared to Axon Enterprise's net margin of 6.90%. ServiceNow's return on equity of 18.16% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise6.90% 3.78% 1.76%
ServiceNow 12.59%18.16%9.04%

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
Axon Enterprise$2.78B11.26$124.66M$2.49155.90
ServiceNow$13.28B7.03$1.75B$1.6853.91

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 87.2% of ServiceNow shares are owned by institutional investors. 4.4% of Axon Enterprise shares are owned by company insiders. Comparatively, 0.3% of ServiceNow shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Axon Enterprise has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market. Comparatively, ServiceNow has a beta of 0.82, meaning that its stock price is 18% less volatile than the broader market.

Summary

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

How does Axon Enterprise compare to Fortinet?

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

Fortinet has a beta of 0.92, meaning that its stock price is 8% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market.

In the previous week, Fortinet had 34 more articles in the media than Axon Enterprise. MarketBeat recorded 55 mentions for Fortinet and 21 mentions for Axon Enterprise. Fortinet's average media sentiment score of 0.93 beat Axon Enterprise's score of 0.57 indicating that Fortinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
26 Very Positive mention(s)
11 Positive mention(s)
13 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Axon Enterprise
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive

Fortinet has higher revenue and earnings than Axon Enterprise. Fortinet 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
Fortinet$6.80B13.13$1.85B$2.5947.05
Axon Enterprise$2.78B11.26$124.66M$2.49155.90

Fortinet currently has a consensus target price of $100.45, suggesting a potential downside of 17.57%. Axon Enterprise has a consensus target price of $712.75, suggesting a potential upside of 83.61%. Given Axon Enterprise's stronger consensus rating and higher possible upside, analysts clearly believe Axon Enterprise is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
4 Sell rating(s)
23 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.12
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84

Fortinet has a net margin of 27.49% compared to Axon Enterprise's net margin of 6.90%. Fortinet's return on equity of 160.08% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortinet27.49% 160.08% 19.96%
Axon Enterprise 6.90%3.78%1.76%

83.7% of Fortinet shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 17.6% of Fortinet shares are held by company insiders. Comparatively, 4.4% of Axon Enterprise shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Fortinet beats Axon Enterprise on 12 of the 17 factors compared between the two stocks.

How does Axon Enterprise compare to CommVault Systems?

CommVault Systems (NASDAQ:CVLT) and Axon Enterprise (NASDAQ:AXON) are both systems software companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, media sentiment, valuation, risk and earnings.

CommVault Systems has a beta of 0.77, meaning that its stock price is 23% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market.

In the previous week, Axon Enterprise had 14 more articles in the media than CommVault Systems. MarketBeat recorded 21 mentions for Axon Enterprise and 7 mentions for CommVault Systems. CommVault Systems' average media sentiment score of 1.39 beat Axon Enterprise's score of 0.57 indicating that CommVault Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CommVault Systems
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Axon Enterprise
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive

93.5% of CommVault Systems shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 1.0% of CommVault Systems shares are held by company insiders. Comparatively, 4.4% of Axon Enterprise shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Axon Enterprise has higher revenue and earnings than CommVault Systems. CommVault Systems 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
CommVault Systems$1.18B3.56$70.66M$1.5964.18
Axon Enterprise$2.78B11.26$124.66M$2.49155.90

Axon Enterprise has a net margin of 6.90% compared to CommVault Systems' net margin of 5.97%. CommVault Systems' return on equity of 51.64% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
CommVault Systems5.97% 51.64% 5.88%
Axon Enterprise 6.90%3.78%1.76%

CommVault Systems currently has a consensus target price of $135.00, suggesting a potential upside of 32.29%. Axon Enterprise has a consensus target price of $712.75, suggesting a potential upside of 83.61%. Given Axon Enterprise's stronger consensus rating and higher possible upside, analysts clearly believe Axon Enterprise is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CommVault Systems
0 Sell rating(s)
8 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.63
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84

Summary

Axon Enterprise beats CommVault Systems on 12 of the 17 factors compared between the two stocks.

How does Axon Enterprise compare to Qualys?

Qualys (NASDAQ:QLYS) and Axon Enterprise (NASDAQ:AXON) are both systems software companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, dividends, media sentiment, risk and earnings.

99.3% of Qualys shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 0.9% of Qualys shares are held by insiders. Comparatively, 4.4% of Axon Enterprise shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Qualys has a beta of 0.58, meaning that its stock price is 42% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market.

Qualys has higher earnings, but lower revenue than Axon Enterprise. Qualys 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
Qualys$669.12M4.57$198.32M$5.5715.57
Axon Enterprise$2.78B11.26$124.66M$2.49155.90

In the previous week, Axon Enterprise had 13 more articles in the media than Qualys. MarketBeat recorded 21 mentions for Axon Enterprise and 8 mentions for Qualys. Axon Enterprise's average media sentiment score of 0.57 beat Qualys' score of 0.11 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qualys
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Axon Enterprise
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive

Qualys has a net margin of 29.41% compared to Axon Enterprise's net margin of 6.90%. Qualys' return on equity of 37.15% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Qualys29.41% 37.15% 19.09%
Axon Enterprise 6.90%3.78%1.76%

Qualys currently has a consensus target price of $122.14, suggesting a potential upside of 40.83%. Axon Enterprise has a consensus target price of $712.75, suggesting a potential upside of 83.61%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts clearly believe Axon Enterprise is more favorable than Qualys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qualys
2 Sell rating(s)
12 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.12
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84

Summary

Axon Enterprise beats Qualys on 10 of the 17 factors compared between the two stocks.

How does Axon Enterprise compare to C3.ai?

Axon Enterprise (NASDAQ:AXON) and C3.ai (NYSE:AI) are both systems software companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, earnings, profitability, media sentiment and institutional ownership.

Axon Enterprise has a beta of 1.44, meaning that its share price is 44% more volatile than the broader market. Comparatively, C3.ai has a beta of 2, meaning that its share price is 100% more volatile than the broader market.

Axon Enterprise presently has a consensus target price of $712.75, suggesting a potential upside of 83.61%. C3.ai has a consensus target price of $15.93, suggesting a potential upside of 76.64%. Given Axon Enterprise's stronger consensus rating and higher possible upside, equities analysts clearly believe Axon Enterprise is more favorable than C3.ai.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.84
C3.ai
6 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
1.80

Axon Enterprise has higher revenue and earnings than C3.ai. C3.ai 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
Axon Enterprise$2.78B11.26$124.66M$2.49155.90
C3.ai$389.06M3.37-$288.70M-$3.15N/A

In the previous week, C3.ai had 5 more articles in the media than Axon Enterprise. MarketBeat recorded 26 mentions for C3.ai and 21 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.57 beat C3.ai's score of 0.48 indicating that Axon Enterprise is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive
C3.ai
6 Very Positive mention(s)
6 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 39.0% of C3.ai shares are owned by institutional investors. 4.4% of Axon Enterprise shares are owned by company insiders. Comparatively, 26.5% of C3.ai shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Axon Enterprise has a net margin of 6.90% compared to C3.ai's net margin of -141.35%. Axon Enterprise's return on equity of 3.78% beat C3.ai's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise6.90% 3.78% 1.76%
C3.ai -141.35%-55.40%-45.00%

Summary

Axon Enterprise beats C3.ai on 13 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$30.37B$20.43B$29.94B$12.38B
Dividend YieldN/A0.62%0.91%5.35%
P/E Ratio155.9060.3956.5825.62
Price / Sales11.268.6043.9877.56
Price / Cash159.7837.3628.3156.33
Price / Book8.858.558.016.96
Net Income$124.66M$516.51M$907.04M$333.52M
7 Day Performance-9.07%1.27%2.08%0.45%
1 Month Performance1.92%-1.98%-1.65%4.06%
1 Year Performance-46.72%56.09%48.49%36.24%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
4.3952 of 5 stars
$388.19
+3.0%
$712.75
+83.6%
-48.0%$30.37B$2.78B155.906,300
NOW
ServiceNow
4.7009 of 5 stars
$90.92
-0.3%
$144.71
+59.2%
-58.0%$93.67B$13.28B54.1429,187
FTNT
Fortinet
3.2575 of 5 stars
$114.54
+0.4%
$100.45
-12.3%
+12.0%$83.84B$6.80B44.2215,109
CVLT
CommVault Systems
4.6655 of 5 stars
$103.20
-1.8%
$135.00
+30.8%
-45.0%$4.54B$1.18B64.873,300
QLYS
Qualys
4.1523 of 5 stars
$90.42
-4.1%
$122.14
+35.1%
-36.7%$3.18B$669.12M16.232,625

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This page (NASDAQ:AXON) was last updated on 5/14/2026 by MarketBeat.com Staff.
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