Axon Enterprise, Inc. (AXON)
NASDAQ: AXON · Real-Time Price · USD
431.57
+5.73 (1.35%)
Nov 4, 2024, 4:00 PM EST - Market closed
Axon Enterprise Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Axon Enterprise stock have an average target of 391.57, with a low estimate of 233 and a high estimate of 525. The average target predicts a decrease of -9.27% from the current stock price of 431.57.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AXON stock from 14 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 6 | 6 | 6 | 6 | 6 |
| Buy | 7 | 6 | 6 | 7 | 7 | 7 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $440 → $460 | Buy | Maintains | $440 → $460 | +6.59% | Nov 4, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $430 → $500 | Buy | Maintains | $430 → $500 | +15.86% | Oct 31, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $385 → $441 | Strong Buy | Maintains | $385 → $441 | +2.19% | Oct 23, 2024 |
| Needham | Needham | Strong Buy Maintains $400 → $525 | Strong Buy | Maintains | $400 → $525 | +21.65% | Oct 22, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $375 → $430 | Buy | Maintains | $375 → $430 | -0.36% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
2.08B
from 1.56B
Increased by 32.72%
Revenue Next Year
2.53B
from 2.08B
Increased by 21.98%
EPS This Year
4.92
from 2.31
Increased by 112.91%
EPS Next Year
6.07
from 4.92
Increased by 23.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2B | 2.7B | 3.3B |
| Avg | 2.1B | 2.5B | 3.0B |
| Low | 2.0B | 2.4B | 2.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 38.7% | 29.8% | 30.3% |
| Avg | 32.7% | 22.0% | 20.4% |
| Low | 25.8% | 14.2% | 10.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.58 | 6.71 | 7.82 |
| Avg | 4.92 | 6.07 | 7.20 |
| Low | 4.44 | 5.41 | 6.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 141.4% | 36.4% | 28.9% |
| Avg | 112.9% | 23.4% | 18.7% |
| Low | 92.2% | 9.9% | -0.2% |
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.