Axon Enterprise, Inc. (AXON)
NASDAQ: AXON · IEX Real-Time Price · USD
308.23
+1.99 (0.65%)
At close: Apr 26, 2024, 4:00 PM
308.25
+0.02 (0.01%)
After-hours: Apr 26, 2024, 4:13 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 314.91, with a low estimate of 233 and a high estimate of 400. The average target predicts an increase of 2.17% from the current stock price of 308.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AXON stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $285 → $310 | Hold | Maintains | $285 → $310 | +0.57% | Apr 26, 2024 |
| Needham | Needham | Strong Buy Reiterates $400 | Strong Buy | Reiterates | $400 | +29.77% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $330 → $365 | Buy | Maintains | $330 → $365 | +18.42% | Apr 11, 2024 |
| Needham | Needham | Strong Buy Maintains $315 → $400 | Strong Buy | Maintains | $315 → $400 | +29.77% | Apr 10, 2024 |
| Argus Research | Argus Research | Strong Buy Initiates $380 | Strong Buy | Initiates | $380 | +23.28% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
1.97B
from 1.56B
Increased by 25.94%
Revenue Next Year
2.39B
from 1.97B
Increased by 21.23%
EPS This Year
4.49
from 2.31
Increased by 94.58%
EPS Next Year
5.82
from 4.49
Increased by 29.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.6B | 3.0B |
| Avg | 2.0B | 2.4B | 2.8B |
| Low | 1.9B | 2.2B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.3% | 33.4% | 24.5% |
| Avg | 25.9% | 21.2% | 18.6% |
| Low | 18.5% | 12.4% | 12.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.20 | 6.56 | 7.51 |
| Avg | 4.49 | 5.82 | 6.90 |
| Low | 3.81 | 5.14 | 6.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 125.0% | 46.0% | 29.0% |
| Avg | 94.6% | 29.5% | 18.6% |
| Low | 65.0% | 14.2% | 9.1% |
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.