Axon Enterprise, Inc. (AXON)
NASDAQ: AXON · IEX Real-Time Price · USD
293.18
+3.97 (1.37%)
At close: Jul 2, 2024, 4:00 PM
302.51
+9.33 (3.18%)
After-hours: Jul 2, 2024, 7:18 PM EDT
Axon Enterprise Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Axon Enterprise stock have an average target of 335.27, with a low estimate of 233 and a high estimate of 400. The average target predicts an increase of 14.36% from the current stock price of 293.18.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for AXON stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 4 | 4 |
| Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $308 → $381 | Buy | Maintains | $308 → $381 | +29.95% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $375 | Buy | Reiterates | $375 | +27.91% | May 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $400 | Strong Buy | Reiterates | $400 | +36.43% | May 7, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $325 → $370 | Strong Buy | Maintains | $325 → $370 | +26.20% | May 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $320 → $375 | Buy | Maintains | $320 → $375 | +27.91% | May 1, 2024 |
Financial Forecast
Revenue This Year
2.02B
from 1.56B
Increased by 29.01%
Revenue Next Year
2.45B
from 2.02B
Increased by 21.67%
EPS This Year
4.58
from 2.31
Increased by 98.14%
EPS Next Year
5.80
from 4.58
Increased by 26.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.7B | 3.1B |
| Avg | 2.0B | 2.5B | 2.9B |
| Low | 1.9B | 2.3B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.7% | 31.4% | 27.3% |
| Avg | 29.0% | 21.7% | 19.8% |
| Low | 22.5% | 13.5% | 11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.19 | 6.38 | 7.17 |
| Avg | 4.58 | 5.80 | 6.77 |
| Low | 3.93 | 5.13 | 6.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 124.5% | 39.5% | 23.7% |
| Avg | 98.1% | 26.6% | 16.7% |
| Low | 70.1% | 12.0% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.