One stock that might be an intriguing choice for investors right now is Axon Enterprise, Inc. (AXON) . This is because this security in the Security and Safety Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place ...

Axon Enterprise (AXON) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of stun guns and body cameras have returned +24.2% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Security and Safety Services industry, to which Axon belongs, has gained 11.5% over this period. Now the key question is: Where could the stock ...

Axon Enterprise, Inc. (AXON) has been benefiting from strength in its TASER segment, supported by growing popularity for this segment’s 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 an increase in the aggregate number of users, average revenue per user and software add-ons, is driving the Software & Sensors segment’s growth.Axon Enterprise introduced its ne ...

Axon Enterprise (AXON -1.96%) posted another year of impressive growth and indicated it sees no sign of a slowdown ahead. Investors are buying in, sending Axon shares up 12.5% for the week as of Thursday afternoon, according to data provided by S&P Global Market Intelligence.Axon's strong record of outperformance powers onAxon began as a maker of non-lethal Taser stun guns for law enforcement and has spent the last few years widening its portfolio to include body cameras and software systems to manage evide ...

Axon Enterprise, Inc. (AXON) reported fourth-quarter 2023 adjusted earnings of $1.12 per share, surpassing the Zacks Consensus Estimate of 86 cents. The bottom line increased 60% year over year despite a significant rise in cost of sales.Total revenues of $432.1 million outperformed the Zacks Consensus Estimate of $419 million and increased 28.6% year over year. The top line benefited from strength in Axon Cloud software, demand for Axon Fleet systems, and the ramp-up of TASER 10 and Axon Body 4. In 2023, t ...

Axon Enterprise, Inc. (NASDAQ:AXON) Q4 2023 Earnings Call Transcript February 27, 2024 5:00 PM ET Company Participants Erik Lapinski - Director of IR Rick Smith - CEO & Founder Josh Isner - President Brittany Bagley - COO & CFO Jeff Kunins - Chief Product Officer and CTO Conference Call Participants Trevor Walsh - JMP Joe Cardoso - JPMorgan Jonathan Ho - William Blair Will Power - Baird Alyssa Shreves - Barclays Mike Ng - Goldman Sachs Josh Riley - Needham Keith Housum - Northcoast Meta Marshall - Morgan St ...

For the quarter ended December 2023, Axon Enterprise (AXON) reported revenue of $432.14 million, up 28.6% over the same period last year. EPS came in at $1.12, compared to $0.70 in the year-ago quarter.The reported revenue represents a surprise of +3.14% over the Zacks Consensus Estimate of $418.97 million. With the consensus EPS estimate being $0.86, the EPS surprise was +30.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Exhibit 99.1 CONTACT: Investor Relations Axon Enterprise, Inc. IR@axon.com Axon 2023 Revenue Grows 31% to $1.56 Billion ● Axon Cloud and Services revenue grows 52% to $561 million ● Annual recurring revenue grows 47% to $697 million ● Annual net income of $174 million supports Adjusted EBITDA of $329 million ● Company projects Full Year 2024 revenue of $1.88 billion to $1.94 billion, representing 20% to 24% annual growth Fellow shareholders, Axon is delighted to deliver another year of record company perfor ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-16391 Axon Enterprise, Inc. (Exact name of registrant as specified in its charter) Securities regis ...

Group 1: Analyst Recommendations - Axon Enterprise (AXON) has an average brokerage recommendation (ABR) of 1.33, indicating a consensus between Strong Buy and Buy based on 12 brokerage firms' recommendations [1] - Out of the 12 recommendations, 9 are Strong Buy and 2 are Buy, representing 75% and 16.7% of the total recommendations respectively [1] Group 2: Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential due to analysts' inherent biases [2] - Brokerage firms tend to issue five "Strong Buy" recommendations for every "Strong Sell," suggesting a misalignment of interests between analysts and retail investors [2] Group 3: Zacks Rank vs. ABR - The Zacks Rank is a proprietary stock rating tool that classifies stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) and is based on earnings estimate revisions, making it a reliable indicator of near-term price performance [3][5] - Unlike ABR, which is based solely on brokerage recommendations, Zacks Rank is a quantitative model that reflects timely earnings estimate revisions, providing a more accurate prediction of future stock prices [4][5] Group 4: Current Earnings Estimates for Axon - The Zacks Consensus Estimate for Axon's earnings for the current year remains unchanged at $3.86, indicating steady analyst views on the company's earnings prospects [6] - The unchanged consensus estimate has resulted in a Zacks Rank 3 (Hold) for Axon, suggesting caution despite the Buy-equivalent ABR [6]