AXON - Axon Enterprise, Inc. Stock Price, Fair Value and News

311.86USD-0.87 (-0.28%)Market Closed

Market Summary

USD311.86-0.87

Market Closed

-0.28%

AXON Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

AXON Stock Price

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AXON RSI Chart

AXON Valuation

Market Cap

23.5B

Price/Earnings (Trailing)

89.72

Price/Sales (Trailing)

EV/EBITDA

73.11

Price/Free Cashflow

144.98

AXON Price/Sales (Trailing)

AXON Profitability

EBT Margin

16.59%

Return on Equity

14.43%

Return on Assets

7.25%

Free Cashflow Yield

0.69%

AXON Fundamentals

AXON Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

34.31%

Rev. Growth (Qtr)

6.62%

AXON Earnings

Earnings (TTM)

262.3M

Earnings Growth (Yr)

195.13%

Earnings Growth (Qtr)

132.61%

Breaking Down AXON Revenue

Last 7 days

0.1%

Last 30 days

0.2%

Last 90 days

15.9%

Trailing 12 Months

37.5%

How does AXON drawdown profile look like?

AXON Financial Health

Current Ratio

2.91

AXON Investor Care

Shares Dilution (1Y)

2.14%

Diluted EPS (TTM)

3.43

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.7B	0	0	0
2023	1.3B	1.4B	1.5B	1.6B
2022	924.8M	991.6M	1.1B	1.2B
2021	728.9M	806.4M	871.9M	863.4M
2020	562.2M	591.1M	626.7M	681.0M
2019	434.7M	447.8M	473.8M	530.9M
2018	365.8M	385.4M	399.9M	420.1M
2017	292.0M	312.8M	331.2M	343.8M
2016	208.7M	220.7M	242.2M	268.2M
2015	173.1M	182.6M	188.7M	197.9M
2014	143.6M	148.6M	157.7M	164.5M
2013	119.5M	123.5M	129.9M	137.8M
2012	92.6M	99.6M	104.0M	114.8M
2011	86.2M	88.3M	91.6M	90.0M
2010	0	98.5M	92.7M	86.9M
2009	0	0	0	104.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Axon Enterprise, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	brooks cameron	acquired	-	-	23,715	chief revenue officer
Mar 26, 2024	bagley brittany	sold (taxes)	-414,244	319	-1,298	coo & cfo
Mar 14, 2024	bagley brittany	acquired	-	-	3,213	coo & cfo
Mar 14, 2024	kunins jeffrey c	acquired	-	-	2,185	cpo & cto
Mar 14, 2024	isner joshua	acquired	-	-	20,558	president
Jan 02, 2024	isner joshua	sold	-8,909,330	251	-35,400	president
Dec 28, 2023	mcbrady matthew r	gifted	-	-	-409	-
Dec 26, 2023	bagley brittany	sold (taxes)	-302,763	258	-1,173	coo & cfo
Dec 22, 2023	kunins jeffrey c	acquired	-	-	5,119	cpo & cto
Dec 19, 2023	isner joshua	sold	-658,778	257	-2,562	president

Which funds bought or sold AXON recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	reduced	-1.27	119,188	728,072	0.01%
May 07, 2024	Headlands Technologies LLC	sold off	-100	-595,709	-	-%
May 07, 2024	OPPENHEIMER & CO INC	added	5.06	254,674	1,189,570	0.02%
May 07, 2024	Lisanti Capital Growth, LLC	added	10.14	395,601	1,580,040	0.38%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	sold off	-100	-374,000	-	-%
May 07, 2024	M&T Bank Corp	added	2.21	212,300	1,099,420	-%
May 07, 2024	Legacy Capital Group California, Inc.	new	-	206,188	206,188	0.08%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-16.66	3,588	383,591	0.01%
May 07, 2024	ClariVest Asset Management LLC	reduced	-0.88	470,447	2,816,860	0.29%
May 07, 2024	Washington Trust Advisors, Inc.	sold off	-100	-3,875	-	-%

Are Funds Buying or Selling AXON?

Are funds buying AXON calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AXON

No. of Funds

Unveiling Axon Enterprise, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.58%	7,930,811	SC 13G/A
Feb 09, 2024	capital international investors	3.6%	2,676,335	SC 13G/A
Jan 24, 2024	blackrock inc.	11.3%	8,481,206	SC 13G/A
Jul 10, 2023	vanguard group inc	10.65%	7,871,536	SC 13G/A
Feb 13, 2023	capital international investors	8.0%	5,698,621	SC 13G
Feb 09, 2023	vanguard group inc	8.88%	6,321,362	SC 13G/A
Jan 26, 2023	blackrock inc.	10.5%	7,468,715	SC 13G/A
Jan 20, 2023	blackrock inc.	10.5%	7,468,715	SC 13G
May 04, 2022	baillie gifford & co	3.94%	2,792,644	SC 13G/A
Feb 09, 2022	vanguard group inc	8.71%	5,966,578	SC 13G/A

Recent SEC filings of Axon Enterprise, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 19, 2024	POSASR	POSASR
Apr 15, 2024	DEFA14A	DEFA14A
Apr 15, 2024	DEFA14A	DEFA14A
Apr 02, 2024	3	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 29, 2024	DEFA14A	DEFA14A

Peers (Alternatives to Axon Enterprise, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	110.7B	76.4B	-0.67%	-10.66%	-51.47	1.45	8.37%	47.92%
GD	80.3B	43.1B	-0.10%	38.65%	23.74	1.86	8.09%	-0.18%
LHX	40.9B	20.2B	3.50%	14.26%	34.9	2.03	15.66%	26.95%
HWM	33.2B	6.9B	22.01%	81.90%	38.64	4.84	15.47%	76.95%
HEI	29.0B	3.2B	11.34%	22.12%	68.12	8.93	38.68%	18.86%
AXON	23.5B	1.7B	0.21%	37.46%	89.72	14	31.69%	90.90%
HII	9.7B	11.6B	-13.60%	26.91%	13.81	0.84	7.53%	24.12%
MID-CAP
CW	10.5B	2.9B	5.92%	67.48%	28.07	3.59	11.39%	20.50%
BWXT	8.0B	2.5B	-11.69%	32.09%	31.78	3.18	11.52%	5.39%
AVAV	5.1B	705.8M	19.08%	73.53%	-47.76	7.23	44.89%	-1159.76%
SMALL-CAP
DCO	832.1M	766.6M	1.22%	14.29%	47.42	1.09	4.98%	-32.31%
SPCE	411.4M	8.4M	-15.25%	-75.55%	-0.92	49.01	194.12%	21.45%
ISSC	112.6M	37.6M	-8.64%	-4.44%	17.63	3	36.42%	25.49%
CODA	79.1M	642.5K	11.50%	-20.89%	33.57	106.77	-97.11%	-47.43%
ASTC	16.5M	2.0M	-5.09%	-11.66%	-1.61	8.3	371.33%	-13.01%

Axon Enterprise, Inc. News

Latest updates

Axon Enterprise, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.6%	461	432	414	375	343	336	312	286	256	218	232	219	195	226	166	141	147	172	131	112	116
Gross Profit	-1.5%	260	264	255	232	204	206	193	174	156	135	145	138	123	141	98.00	88.00	89.00	93.00	80.00	66.00	69.00
Operating Expenses	10.3%	244	221	200	192	187	183	161	153	139	162	142	232	174	136	104	102	89.00	107	74.00	67.00	66.00
S&GA Expenses	11.4%	153	137	123	120	117	114	102	95.00	90.00	111	99.00	178	127	98.00	74.00	72.00	63.00	78.00	48.00	43.00	43.00
R&D Expenses	8.5%	91.00	84.00	77.00	72.00	71.00	69.00	59.00	58.00	48.00	51.00	42.00	54.00	47.00	38.00	29.00	30.00	26.00	29.00	25.00	23.00	23.00
EBITDA Margin	56.8%	0.19*	0.12*	0.11*	0.08*	0.15*	0.19*	0.14*	0.12*	0.00*	-0.14*	-0.09*	-0.10*	-	-	-	-	-	-	-	-	-
Income Taxes	2312.5%	33.00	-1.47	10.00	-24.53	-3.25	6.00	9.00	17.00	18.00	-23.71	-51.16	-4.73	-1.76	-16.79	-2.54	19.00	-3.93	0.00	2.00	-0.19	-1.43
Earnings Before Taxes	197.0%	166	56.00	69.00	-12.11	42.00	35.00	21.00	68.00	72.00	-37.21	-2.64	-51.84	-49.68	9.00	-3.41	-12.06	0.00	-11.90	8.00	1.00	5.00
EBT Margin	67.3%	0.17*	0.10*	0.09*	0.06*	0.13*	0.17*	0.12*	0.10*	-0.02*	-0.16*	-0.11*	-0.12*	-	-	-	-	-	-	-	-	-
Net Income	132.6%	133	57.00	59.00	12.00	45.00	29.00	12.00	51.00	55.00	-13.51	49.00	-47.12	-47.92	26.00	-0.87	-30.76	4.00	-12.38	6.00	1.00	6.00
Net Income Margin	40.0%	0.16*	0.11*	0.10*	0.07*	0.11*	0.12*	0.10*	0.14*	0.05*	-0.07*	-0.02*	-0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-127.7%	-32.13	116	49.00	30.00	-64.84	120	27.00	7.00	27.00	-0.45	4.00	21.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.2%	3,616	3,437	3,254	3,077	3,008	2,852	2,010	1,932	1,772	1,688	1,645	1,527	1,405	1,381	1,279	1,233	877	846	792	746	739
Current Assets	-8.1%	2,202	2,397	2,258	2,113	2,053	1,805	1,206	1,170	1,146	1,109	1,124	1,081	986	982	876	886	619	609	576	575	567
Cash Equivalents	-32.2%	406	599	406	474	263	354	148	213	386	356	282	266	155	156	176	319	157	172	203	220	224
Inventory	0.5%	271	270	260	250	220	202	173	154	122	109	93.00	92.00	90.00	90.00	98.00	81.00	47.00	39.00	41.00	41.00	38.00
Net PPE	4.3%	209	201	187	179	173	170	164	158	150	138	129	120	112	105	103	45.00	43.00	44.00	43.00	41.00	41.00
Goodwill	432.3%	308	58.00	57.00	58.00	45.00	45.00	45.00	45.00	44.00	44.00	26.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00
Liabilities	-1.5%	1,798	1,825	1,733	1,632	1,605	1,583	779	738	648	640	531	429	394	405	384	363	318	302	285	257	259
Current Liabilities	-5.3%	757	800	718	625	616	603	432	433	471	419	380	273	240	256	259	243	195	196	184	164	164
Shareholder's Equity	12.8%	1,818	1,612	1,521	1,445	1,403	1,268	1,231	1,194	1,125	1,048	1,114	1,098	1,011	976	895	870	560	543	508	489	481
Retained Earnings	30.9%	564	431	374	315	302	257	228	216	165	110	123	75.00	122	170	144	145	176	172	185	179	178
Additional Paid-In Capital	5.5%	1,421	1,347	1,316	1,293	1,262	1,175	1,167	1,139	1,119	1,095	1,147	1,179	1,045	962	909	884	543	528	481	468	460
Shares Outstanding	0.2%	75.00	75.00	75.00	75.00	74.00	71.00	71.00	71.00	71.00	66.00	66.00	65.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	14,300	-	-	-	6,300	-	-	-	11,400	-	-	-	6,126	-	-	-	3,737	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-111.4%	-15.94	140	63.00	43.00	-56.32	131	41.00	19.00	44.00	13.00	16.00	34.00	61.00	34.00	11.00	-20.39	13.00	46.00	22.00	11.00	-13.97
Share Based Compensation	113.8%	75.00	35.00	30.00	32.00	34.00	32.00	28.00	21.00	25.00	41.00	35.00	138	90.00	53.00	26.00	34.00	20.00	48.00	14.00	9.00	8.00
Cashflow From Investing	-427.3%	-174	53.00	-121	154	-72.67	-528	-103	-188	-10.35	159	67.00	81.00	-54.12	-56.23	-154	-124	-22.07	-77.81	-38.05	-14.12	-110
Cashflow From Financing	29.0%	-2.71	-3.82	-7.12	14.00	38.00	601	-0.07	-0.93	-1.46	-97.28	-66.59	-3.27	-7.04	-0.92	-1.12	306	-5.16	-0.77	-1.13	-0.87	-1.16

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AXON Income Statement

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 460,736	$ 343,043
Cost of sales	200,690	138,941
Gross margin	260,046	204,102
Operating expenses:
Sales, general and administrative	152,669	116,567
Research and development	91,097	70,927
Total operating expenses	243,766	187,494
Income from operations	16,280	16,608
Interest income, net	10,374	9,666
Other income, net	139,066	15,610
Income before provision (benefit) for income taxes	165,720	41,884
Provision for (benefit from) income taxes	32,502	(3,255)
Net income	$ 133,218	$ 45,139
Net income per common and common equivalent shares:
Basic (in dollars per share)	$ 1.77	$ 0.62
Diluted (in dollars per share)	$ 1.73	$ 0.61
Weighted average number of common and common equivalent shares outstanding:
Basic (in shares)	75,355	72,638
Diluted (in shares)	77,132	73,880
Net income	$ 133,218	$ 45,139
Foreign currency translation adjustments	(801)	1,676
Unrealized gain (loss) on available-for-sale investments	(106)	184
Comprehensive income	132,311	46,999
Product
Net sales	272,048	219,389
Cost of sales	151,698	107,584
Service
Net sales	188,688	123,654
Cost of sales	$ 48,992	$ 31,357

AXON Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 403,870	$ 598,545
Marketable securities	99,720	77,940
Short-term investments	560,186	644,054
Accounts and notes receivable, net of allowance of $2,298 and $2,392 as of March 31, 2024 and December 31, 2023, respectively	476,764	417,690
Contract assets, net	266,172	275,779
Inventory	271,318	269,855
Prepaid expenses and other current assets	123,677	112,786
Total current assets	2,201,707	2,396,649
Property and equipment, net	209,166	200,533
Deferred tax assets, net	208,861	229,513
Intangible assets, net	89,419	19,539
Goodwill	308,470	57,945
Long-term notes receivable, net	2,397	2,588
Long-term contract assets, net	88,209	77,710
Strategic investments	295,497	231,730
Other long-term assets	212,470	220,638
Total assets	3,616,196	3,436,845
Current liabilities:
Accounts payable	82,075	88,326
Accrued liabilities	127,415	188,230
Current portion of deferred revenue	516,404	491,691
Customer deposits	21,979	21,935
Other current liabilities	9,601	9,787
Total current liabilities	757,474	799,969
Deferred revenue, net of current portion	293,878	281,852
Liability for unrecognized tax benefits	18,610	18,049
Long-term deferred compensation	14,700	11,342
Long-term lease liabilities	32,546	33,550
Convertible notes, net	677,895	677,113
Other long-term liabilities	3,078	2,936
Total liabilities	1,798,181	1,824,811
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Common stock, $0.00001 par value; 200,000,000 shares authorized; 75,466,171 and 75,301,424 shares issued and outstanding as of March 31, 2024, 2023 and December 31, 2023, respectively	1	1
Additional paid-in capital	1,421,080	1,347,410
Treasury stock at cost, 20,220,227 shares as of March 31, 2024 and December 31, 2023	(155,947)	(155,947)
Retained earnings	564,467	431,249
Accumulated other comprehensive loss	(11,586)	(10,679)
Total stockholders' equity	1,818,015	1,612,034
Total liabilities and stockholders' equity	$ 3,616,196	$ 3,436,845

About Axon Enterprise, Inc.

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Its products include TASER 7, TASER X26P, TASER X2, TASER Consumer devices, and related cartridges; on-officer body cameras, Axon Fleet in-car systems, and other devices; Axon Evidence digital evidence management software-as-a-service; Axon Signal enabled devices, as well as hardware extended warranties; and Axon docks, cartridges, and batteries. It sells its products through its direct sales force, distribution partners, online store, and third-party resellers. Axon Enterprise, Inc. has a strategic partnership with Fusus, Inc. to expand the capabilities of Axon Respond and the Fusus Real-Time Crime Center in the Cloud solution to provide agencies real-time operations situational awareness. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.

CEO	Mr. Patrick W. Smith
WEBSITE	axon.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	2821

Axon Enterprise, Inc. Frequently Asked Questions

What is the ticker symbol for Axon Enterprise, Inc.? What does AXON stand for in stocks?

AXON is the stock ticker symbol of Axon Enterprise, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Axon Enterprise, Inc. (AXON)?

As of Wed May 08 2024, market cap of Axon Enterprise, Inc. is 23.54 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AXON stock?

You can check AXON's fair value in chart for subscribers.

What is the fair value of AXON stock?

You can check AXON's fair value in chart for subscribers. The fair value of Axon Enterprise, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Axon Enterprise, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AXON so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Axon Enterprise, Inc. a good stock to buy?

The fair value guage provides a quick view whether AXON is over valued or under valued. Whether Axon Enterprise, Inc. is cheap or expensive depends on the assumptions which impact Axon Enterprise, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AXON.

What is Axon Enterprise, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AXON's PE ratio (Price to Earnings) is 89.72 and Price to Sales (PS) ratio is 14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AXON PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Axon Enterprise, Inc.'s stock?

In the past 10 years, Axon Enterprise, Inc. has provided 0.371 (multiply by 100 for percentage) rate of return.