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Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$413.35 -8.86 (-2.10%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$413.60 +0.25 (+0.06%)
As of 10/2/2026 07:59 PM Eastern
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AXON vs. LMT, HWM, GD, NOC, and TDG

Should you buy Axon Enterprise stock or one of its competitors? Axon Enterprise's main competitors and comparable companies include Lockheed Martin (LMT), Howmet Aerospace (HWM), General Dynamics (GD), Northrop Grumman (NOC), and Transdigm Group (TDG). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "aerospace & defense" industry.

How does Axon Enterprise compare to Lockheed Martin?

Axon Enterprise (NASDAQ:AXON) and Lockheed Martin (NYSE:LMT) are both large-cap industrials companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

Axon Enterprise presently has a consensus price target of $721.57, suggesting a potential upside of 74.57%. Lockheed Martin has a consensus price target of $637.56, suggesting a potential upside of 26.00%. Given Axon Enterprise's stronger consensus rating and higher possible upside, equities analysts plainly believe Axon Enterprise is more favorable than Lockheed Martin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82
Lockheed Martin
1 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.42

Lockheed Martin has higher revenue and earnings than Axon Enterprise. Lockheed Martin 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$2.78B12.08$124.66M$2.41171.51
Lockheed Martin$75.05B1.56$5.02B$27.1318.65

Axon Enterprise has a beta of 1.44, meaning that its share price is 44% more volatile than the broader market. Comparatively, Lockheed Martin has a beta of 0.09, meaning that its share price is 91% less volatile than the broader market.

In the previous week, Lockheed Martin had 38 more articles in the media than Axon Enterprise. MarketBeat recorded 42 mentions for Lockheed Martin and 4 mentions for Axon Enterprise. Lockheed Martin's average media sentiment score of 0.80 beat Axon Enterprise's score of 0.33 indicating that Lockheed Martin is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Lockheed Martin
25 Very Positive mention(s)
7 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Positive

79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 74.2% of Lockheed Martin shares are held by institutional investors. 4.2% of Axon Enterprise shares are held by company insiders. Comparatively, 0.1% of Lockheed Martin shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Lockheed Martin has a net margin of 8.16% compared to Axon Enterprise's net margin of 6.19%. Lockheed Martin's return on equity of 91.42% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise6.19% 2.84% 1.36%
Lockheed Martin 8.16%91.42%11.02%

Summary

Lockheed Martin beats Axon Enterprise on 9 of the 17 factors compared between the two stocks.

How does Axon Enterprise compare to Howmet Aerospace?

Howmet Aerospace (NYSE:HWM) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrials companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, dividends, risk, profitability, institutional ownership and earnings.

Howmet Aerospace currently has a consensus target price of $314.84, indicating a potential upside of 36.01%. Axon Enterprise has a consensus target price of $721.57, indicating a potential upside of 74.57%. Given Axon Enterprise's higher probable upside, analysts clearly believe Axon Enterprise is more favorable than Howmet Aerospace.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Howmet Aerospace
0 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
2 Strong Buy rating(s)
2.95
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82

90.5% of Howmet Aerospace shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 0.9% of Howmet Aerospace shares are owned by insiders. Comparatively, 4.2% of Axon Enterprise shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Howmet Aerospace has a beta of 1.21, suggesting that its share price is 21% more volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.44, suggesting that its share price is 44% more volatile than the broader market.

In the previous week, Howmet Aerospace had 10 more articles in the media than Axon Enterprise. MarketBeat recorded 14 mentions for Howmet Aerospace and 4 mentions for Axon Enterprise. Howmet Aerospace's average media sentiment score of 0.59 beat Axon Enterprise's score of 0.33 indicating that Howmet Aerospace is being referred to more favorably in the media.

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

Howmet Aerospace has a net margin of 20.52% compared to Axon Enterprise's net margin of 6.19%. Howmet Aerospace's return on equity of 33.91% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Howmet Aerospace20.52% 33.91% 15.11%
Axon Enterprise 6.19%2.84%1.36%

Howmet Aerospace has higher revenue and earnings than Axon Enterprise. Howmet Aerospace 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
Howmet Aerospace$8.25B11.22$1.51B$4.6449.89
Axon Enterprise$2.78B12.08$124.66M$2.41171.51

Summary

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

How does Axon Enterprise compare to General Dynamics?

Axon Enterprise (NASDAQ:AXON) and General Dynamics (NYSE:GD) are both large-cap industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership, media sentiment and dividends.

79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 86.1% of General Dynamics shares are held by institutional investors. 4.2% of Axon Enterprise shares are held by insiders. Comparatively, 1.4% of General Dynamics shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, General Dynamics had 7 more articles in the media than Axon Enterprise. MarketBeat recorded 11 mentions for General Dynamics and 4 mentions for Axon Enterprise. General Dynamics' average media sentiment score of 0.87 beat Axon Enterprise's score of 0.33 indicating that General Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
General Dynamics
7 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Axon Enterprise has a beta of 1.44, suggesting that its stock price is 44% more volatile than the broader market. Comparatively, General Dynamics has a beta of 0.33, suggesting that its stock price is 67% less volatile than the broader market.

General Dynamics has higher revenue and earnings than Axon Enterprise. General Dynamics 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$2.78B12.08$124.66M$2.41171.51
General Dynamics$52.55B1.70$4.21B$16.3920.15

General Dynamics has a net margin of 8.18% compared to Axon Enterprise's net margin of 6.19%. General Dynamics' return on equity of 17.43% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise6.19% 2.84% 1.36%
General Dynamics 8.18%17.43%7.67%

Axon Enterprise currently has a consensus price target of $721.57, indicating a potential upside of 74.57%. General Dynamics has a consensus price target of $410.84, indicating a potential upside of 24.40%. Given Axon Enterprise's stronger consensus rating and higher probable upside, equities research analysts plainly believe Axon Enterprise is more favorable than General Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82
General Dynamics
1 Sell rating(s)
5 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.68

Summary

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

How does Axon Enterprise compare to Northrop Grumman?

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

Northrop Grumman has a net margin of 10.48% compared to Axon Enterprise's net margin of 6.19%. Northrop Grumman's return on equity of 24.25% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise6.19% 2.84% 1.36%
Northrop Grumman 10.48%24.25%8.15%

Axon Enterprise presently has a consensus price target of $721.57, suggesting a potential upside of 74.57%. Northrop Grumman has a consensus price target of $647.57, suggesting a potential upside of 34.93%. Given Axon Enterprise's stronger consensus rating and higher probable upside, research analysts plainly believe Axon Enterprise is more favorable than Northrop Grumman.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82
Northrop Grumman
0 Sell rating(s)
9 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.67

In the previous week, Northrop Grumman had 22 more articles in the media than Axon Enterprise. MarketBeat recorded 26 mentions for Northrop Grumman and 4 mentions for Axon Enterprise. Northrop Grumman's average media sentiment score of 0.34 beat Axon Enterprise's score of 0.33 indicating that Northrop Grumman is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Northrop Grumman
7 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 83.4% of Northrop Grumman shares are owned by institutional investors. 4.2% of Axon Enterprise shares are owned by insiders. Comparatively, 0.2% of Northrop Grumman shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Axon Enterprise has a beta of 1.44, suggesting that its stock price is 44% more volatile than the broader market. Comparatively, Northrop Grumman has a beta of -0.11, suggesting that its stock price is 111% less volatile than the broader market.

Northrop Grumman has higher revenue and earnings than Axon Enterprise. Northrop Grumman 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$2.78B12.08$124.66M$2.41171.51
Northrop Grumman$41.95B1.62$4.18B$31.4815.25

Summary

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

How does Axon Enterprise compare to Transdigm Group?

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

Transdigm Group has a beta of 0.96, indicating that its share price is 4% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.44, indicating that its share price is 44% more volatile than the broader market.

Transdigm Group has higher revenue and earnings than Axon Enterprise. Transdigm Group 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
Transdigm Group$8.83B6.91$2.07B$32.9633.10
Axon Enterprise$2.78B12.08$124.66M$2.41171.51

95.8% of Transdigm Group shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 3.2% of Transdigm Group shares are held by insiders. Comparatively, 4.2% of Axon Enterprise shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Transdigm Group had 13 more articles in the media than Axon Enterprise. MarketBeat recorded 17 mentions for Transdigm Group and 4 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.33 beat Transdigm Group's score of 0.16 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transdigm Group
3 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Axon Enterprise
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Transdigm Group currently has a consensus price target of $1,444.87, suggesting a potential upside of 32.46%. Axon Enterprise has a consensus price target of $721.57, suggesting a potential upside of 74.57%. Given Axon Enterprise's stronger consensus rating and higher possible upside, analysts clearly believe Axon Enterprise is more favorable than Transdigm Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transdigm Group
0 Sell rating(s)
13 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.28
Axon Enterprise
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82

Transdigm Group has a net margin of 19.69% compared to Axon Enterprise's net margin of 6.19%. Axon Enterprise's return on equity of 2.84% beat Transdigm Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Transdigm Group19.69% -23.65% 9.12%
Axon Enterprise 6.19%2.84%1.36%

Summary

Axon Enterprise beats Transdigm Group on 9 of the 16 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 EnterpriseAerospace & Defense IndustryIndustrials SectorNASDAQ Exchange
Market Cap$33.58B$20.20B$10.19B$13.28B
Dividend YieldN/A1.70%96.74%17.33%
P/E Ratio171.5236.4726.6926.04
Price / Sales12.08125.54269.59105.16
Price / Cash175.2725.6224.0752.62
Price / Book10.067.304.806.31
Net Income$124.66M$572.01M$616.13M$362.16M
7 Day Performance-3.90%-2.63%-0.58%-1.66%
1 Month Performance-19.84%-5.54%-2.51%-4.68%
1 Year Performance-42.23%-4.88%2.72%1.57%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
4.1525 of 5 stars
$413.35
-2.1%
$721.57
+74.6%
-42.2%$33.58B$2.78B171.526,300
LMT
Lockheed Martin
4.9839 of 5 stars
$505.56
-0.7%
$637.56
+26.1%
+0.3%$117.53B$75.05B18.63123,000
HWM
Howmet Aerospace
4.7135 of 5 stars
$228.42
+1.0%
$314.84
+37.8%
+22.2%$90.50B$8.25B49.2325,430
GD
General Dynamics
4.9852 of 5 stars
$332.63
+0.2%
$410.84
+23.5%
-3.9%$89.78B$52.55B20.29117,000
NOC
Northrop Grumman
4.9611 of 5 stars
$482.10
-0.3%
$647.57
+34.3%
-21.4%$68.67B$41.95B15.3195,000

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This page (NASDAQ:AXON) was last updated on 10/4/2026 by MarketBeat.com Staff.
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