Axon(AXON)

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Axon reimagines report writing with Draft One, a first-of-its-kind AI-powered force multiplier for public safety
Prnewswire· 2024-04-23 13:30
For all law enforcement agencies, Draft One is a valuable tool that will be an immediate force multiplier for their workforce. Reporting is a critical component of good police work; however, it has become a significant part of the job that officers commonly refer to as "burdensome." Axon found that every week officers in the U.S. can spend up to 40% of their time — or 15 hours per week — on what is essentially data entry. Additionally, prosecutors and defense attorneys have shared that they welcome the qual ...
Axon Enterprise (AXON) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-04-22 23:06
In the latest market close, Axon Enterprise (AXON) reached $293.50, with a -0.04% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.87%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.Heading into today, shares of the maker of stun guns and body cameras had lost 7.18% over the past month, lagging the Industrial Products sector's loss of 2.02% and the S&P 500's loss of 3.97% in that time.The investment community will be closely monitoring ...
Will Axon (AXON) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-19 17:15
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Axon Enterprise (AXON) , which belongs to the Zacks Security and Safety Services industry, could be a great candidate to consider.When looking at the last two reports, this maker of stun guns and body cameras has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 32.22%, on average, in the last two quarters.F ...
Axon Enterprise (AXON) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-04-16 23:06
In the latest trading session, Axon Enterprise (AXON) closed at $300.31, marking a -0.99% move from the previous day. This change lagged the S&P 500's daily gain of 0.03%. At the same time, the Dow added 0.41%, and the tech-heavy Nasdaq gained 0.12%.Coming into today, shares of the maker of stun guns and body cameras had lost 1.67% in the past month. In that same time, the Industrial Products sector gained 0.39%, while the S&P 500 lost 0.9%.Analysts and investors alike will be keeping a close eye on the per ...
Earnings Growth & Price Strength Make Axon Enterprise (AXON) a Stock to Watch
Zacks Investment Research· 2024-04-11 14:31
Zacks Premium Service Overview - Zacks Premium service provides daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens like the Earnings ESP filter [1] - The service helps investors identify stocks to buy, sell, and target today's hottest industries [1] - The Focus List is a long-term portfolio of 50 top stocks poised to outperform the market over the next 12 months [1] Focus List Performance - The Focus List gained 13.85% on an annualized basis in 2020, compared to the S&P 500's return of 9.38% [2] - Cumulatively, the Focus List returned 2,519.23% from February 1, 1996, to March 31, 2021, while the S&P 500 returned 854.95% [2] Focus List Methodology - Stocks are selected based on earnings estimate revisions, which reflect expectations of growth and profitability [3] - Positive changes to earnings estimates increase the likelihood of future upward revisions [3] - The Zacks Rank, which includes four pillars (Agreement, Magnitude, Upside, and Surprise), is used to classify stocks into five groups, ranging from "Strong Buy" to "Strong Sell" [4] - The Focus List comprises stocks hand-picked from 1 (Strong Buy) or 2 (Buy) ranked companies, indicating a bullish earnings consensus among analysts [4] Focus List Spotlight: Axon Enterprise (AXON) - Axon Enterprise develops and manufactures weapons and public safety products, including body-worn cameras, cloud-hosted digital evidence management solutions, and real-time operations capabilities [6] - AXON was added to the Focus List on June 3, 2020, at $97.85 per share and has since increased 225.25% to $318.26 [6] - For fiscal 2024, five analysts revised their earnings estimate upwards in the last 60 days, increasing the Zacks Consensus Estimate by $0.34 to $4.48 [6] - AXON boasts an average earnings surprise of 58.7% and is expected to grow earnings by 8.2% for the current fiscal year [6][7] Zacks Premium Research Tools - Zacks Premium offers powerful research tools, including the Zacks 1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, and Premium Screener, to help investors identify winning stocks and improve portfolio performance [8]
Axon Enterprise (AXON) Banks on Solid Product Demand Amid Risks
Zacks Investment Research· 2024-04-10 15:06
Axon Enterprise, Inc. (AXON) has been witnessing solid momentum in its TASER segment, driven by growing orders for devices and cartridge products. Stable demand for virtual reality training services has also been supporting the segment’s growth. Also, solid momentum in Axon Evidence and cloud services, driven by increased number of users, average revenue per user and software add-ons, is driving the Software & Sensors segment’s growth.The company’s investments in product innovations, automation and manufact ...
Axon Enterprise (AXON) Advances But Underperforms Market: Key Facts
Zacks Investment Research· 2024-04-09 23:06
In the latest trading session, Axon Enterprise (AXON) closed at $311.27, marking a +0.02% move from the previous day. This change lagged the S&P 500's 0.15% gain on the day. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.32%.The the stock of maker of stun guns and body cameras has risen by 0.09% in the past month, lagging the Industrial Products sector's gain of 4.55% and the S&P 500's gain of 1.65%.Analysts and investors alike will be keeping a close ...
3 Overvalued S&P 500 Stocks for Your ‘Do NOT Buy' List
InvestorPlace· 2024-04-01 20:48
BNN Bloomberg reported in July 2023 that the S&P 500 was overvalued by about 8%, according to Cresset Capital Chief Information Officer Jack Ablin. In the eight months since, it’s up another 19%, providing plenty of overvalued S&P 500 stocks to avoid. An excellent place to find these overvalued S&P 500 stocks is the Magnificent Seven. The index’s current trailing 12-month (TTM) price-to-earnings (P/E) ratio is 23.6x, while its forward 12-month P/E ratio is 21.6x. A year ago, the S&P 500’s TTM P/E was 18.1, ...
Is It Worth Investing in Axon (AXON) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-04-01 14:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Axon Enterprise (AXON) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Axon currently has an aver ...
Axon Enterprise (AXON) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-03-20 23:06
Axon Enterprise (AXON) closed the most recent trading day at $314.28, moving +0.69% from the previous trading session. This move lagged the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.The maker of stun guns and body cameras's shares have seen an increase of 16.6% over the last month, surpassing the Industrial Products sector's gain of 5.83% and the S&P 500's gain of 3.56%.Analysts and investors alike will be keepi ...