Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$433.04 +23.01 (+5.61%)
Closing price 06/23/2026 04:00 PM Eastern
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$434.62 +1.58 (+0.37%)
As of 05:52 AM Eastern
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AXON vs. FTNT, NOW, 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 Fortinet (FTNT), ServiceNow (NOW), 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 Fortinet?

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

In the previous week, Fortinet had 7 more articles in the media than Axon Enterprise. MarketBeat recorded 29 mentions for Fortinet and 22 mentions for Axon Enterprise. Fortinet's average media sentiment score of 1.12 beat Axon Enterprise's score of 1.05 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axon Enterprise
15 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
21 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Axon Enterprise6.90% 3.78% 1.76%
Fortinet 27.49%160.08%19.96%

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
Axon Enterprise$2.78B12.56$124.66M$2.49173.91
Fortinet$6.80B15.95$1.85B$2.5957.14

Axon Enterprise has a beta of 1.45, suggesting that its share price is 45% more volatile than the broader market. Comparatively, Fortinet has a beta of 1.11, suggesting that its share price is 11% more volatile than the broader market.

Axon Enterprise currently has a consensus price target of $712.75, indicating a potential upside of 64.59%. Fortinet has a consensus price target of $107.77, indicating a potential downside of 27.18%. Given Axon Enterprise's stronger consensus rating and higher possible upside, equities research analysts plainly believe Axon Enterprise is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.95
Fortinet
4 Sell rating(s)
25 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.11

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 83.7% of Fortinet shares are owned by institutional investors. 4.2% of Axon Enterprise shares are owned by insiders. Comparatively, 17.6% of Fortinet shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Fortinet beats Axon Enterprise on 11 of the 16 factors compared between the two stocks.

How does Axon Enterprise compare to ServiceNow?

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

ServiceNow currently has a consensus target price of $142.17, suggesting a potential upside of 47.99%. Axon Enterprise has a consensus target price of $712.75, suggesting a potential upside of 64.59%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts clearly believe Axon Enterprise is more favorable than ServiceNow.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ServiceNow
1 Sell rating(s)
5 Hold rating(s)
35 Buy rating(s)
1 Strong Buy rating(s)
2.86
Axon Enterprise
0 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.95

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$13.28B7.46$1.75B$1.6857.18
Axon Enterprise$2.78B12.56$124.66M$2.49173.91

In the previous week, ServiceNow had 48 more articles in the media than Axon Enterprise. MarketBeat recorded 70 mentions for ServiceNow and 22 mentions for Axon Enterprise. ServiceNow's average media sentiment score of 1.35 beat Axon Enterprise's score of 1.05 indicating that ServiceNow is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
60 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive
Axon Enterprise
15 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 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. 0.3% of ServiceNow shares are owned by company insiders. Comparatively, 4.2% of Axon Enterprise shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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
ServiceNow12.59% 18.16% 9.04%
Axon Enterprise 6.90%3.78%1.76%

ServiceNow has a beta of 0.94, suggesting that its stock price is 6% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.45, suggesting that its stock price is 45% more volatile than the broader market.

Summary

ServiceNow beats Axon Enterprise on 9 of the 16 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 better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, media sentiment, dividends, valuation and profitability.

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

CommVault Systems has a beta of 0.82, suggesting that its share price is 18% less volatile than the broader market. Comparatively, Axon Enterprise has a beta of 1.45, suggesting that its share price is 45% more volatile than the broader market.

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%

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$1.18B4.36$70.66M$1.5978.76
Axon Enterprise$2.78B12.56$124.66M$2.49173.91

CommVault Systems presently has a consensus target price of $136.33, suggesting a potential upside of 8.87%. Axon Enterprise has a consensus target price of $712.75, suggesting a potential upside of 64.59%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts plainly 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)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.95

In the previous week, CommVault Systems had 1 more articles in the media than Axon Enterprise. MarketBeat recorded 23 mentions for CommVault Systems and 22 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 1.05 beat CommVault Systems' score of 0.32 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CommVault Systems
2 Very Positive mention(s)
0 Positive mention(s)
21 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Axon Enterprise
15 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Axon Enterprise beats CommVault Systems on 12 of the 16 factors compared between the two stocks.

How does Axon Enterprise compare to Qualys?

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

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
Axon Enterprise6.90% 3.78% 1.76%
Qualys 29.41%37.15%19.09%

Qualys has lower revenue, but higher earnings 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
Axon Enterprise$2.78B12.56$124.66M$2.49173.91
Qualys$669.12M5.91$198.32M$5.5720.17

In the previous week, Axon Enterprise had 14 more articles in the media than Qualys. MarketBeat recorded 22 mentions for Axon Enterprise and 8 mentions for Qualys. Axon Enterprise's average media sentiment score of 1.05 beat Qualys' score of 0.68 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
15 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Qualys
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Axon Enterprise has a beta of 1.45, meaning that its share price is 45% more volatile than the broader market. Comparatively, Qualys has a beta of 0.66, meaning that its share price is 34% less volatile than the broader market.

Axon Enterprise currently has a consensus price target of $712.75, suggesting a potential upside of 64.59%. Qualys has a consensus price target of $122.14, suggesting a potential upside of 8.74%. Given Axon Enterprise's stronger consensus rating and higher possible upside, equities analysts clearly believe Axon Enterprise is more favorable than Qualys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
0 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.95
Qualys
3 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.06

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 99.3% of Qualys shares are owned by institutional investors. 4.2% of Axon Enterprise shares are owned by company insiders. Comparatively, 1.0% of Qualys shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Axon Enterprise beats Qualys on 10 of the 16 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 stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, valuation, earnings, profitability, risk and media sentiment.

Axon Enterprise currently has a consensus price target of $712.75, indicating a potential upside of 64.59%. C3.ai has a consensus price target of $12.92, indicating a potential upside of 34.34%. Given Axon Enterprise's stronger consensus rating and higher probable upside, equities analysts plainly 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)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.95
C3.ai
6 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
1.79

79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 39.0% of C3.ai shares are held by institutional investors. 4.2% of Axon Enterprise shares are held by insiders. Comparatively, 26.5% of C3.ai shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Axon Enterprise has a net margin of 6.90% compared to C3.ai's net margin of -187.95%. 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 -187.95%-60.20%-48.79%

Axon Enterprise has a beta of 1.45, indicating that its share price is 45% more volatile than the broader market. Comparatively, C3.ai has a beta of 2.04, indicating that its share price is 104% more volatile than the broader market.

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$2.78B12.56$124.66M$2.49173.91
C3.ai$250.27M5.58-$470.37M-$3.34N/A

In the previous week, Axon Enterprise had 8 more articles in the media than C3.ai. MarketBeat recorded 22 mentions for Axon Enterprise and 14 mentions for C3.ai. Axon Enterprise's average media sentiment score of 1.05 beat C3.ai's score of 0.87 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
15 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
C3.ai
7 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Axon Enterprise beats C3.ai on 14 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 EnterpriseAEROSP/DEF EQ IndustryAerospace SectorNASDAQ Exchange
Market Cap$33.05B$21.27B$30.80B$12.38B
Dividend YieldN/A0.62%0.89%5.83%
P/E Ratio173.9162.4144.5823.99
Price / Sales12.568.1538.38106.82
Price / Cash173.8638.8329.2754.51
Price / Book10.548.978.426.50
Net Income$124.66M$514.37M$906.01M$336.88M
7 Day Performance2.37%-2.16%-3.36%-0.14%
1 Month Performance12.19%14.66%3.82%0.77%
1 Year Performance-45.48%47.83%34.11%28.49%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
4.7098 of 5 stars
$433.04
+5.6%
$712.75
+64.6%
-44.7%$33.05B$2.78B173.916,300
FTNT
Fortinet
3.5823 of 5 stars
$148.44
+1.5%
$107.77
-27.4%
+43.5%$108.79B$6.80B57.3315,109
NOW
ServiceNow
4.5984 of 5 stars
$103.71
+1.5%
$141.97
+36.9%
-51.0%$106.90B$13.28B61.7929,187
CVLT
CommVault Systems
3.1203 of 5 stars
$126.54
-1.0%
$135.00
+6.7%
-27.3%$5.23B$1.18B79.673,300
QLYS
Qualys
3.5203 of 5 stars
$113.72
+2.2%
$122.14
+7.4%
-20.0%$4.01B$684.86M20.452,625

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This page (NASDAQ:AXON) was last updated on 6/24/2026 by MarketBeat.com Staff.
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