Axon Enterprise (AXON) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of stun guns and body cameras have returned +0.7%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Security and Safety Services industry, which Axon falls in, has lost 5.1%. The key question now is: What could be the stock's future direc ...

Fusus excels in aggregating live video, data and sensor feeds from virtually any source, enhancing situational awareness and investigative capabilities for public safety, education and commercial customers. This acquisition, which is highly complementary, provides Axon with technology not currently in its existing network, and facilitates seamless connections to critical data sources such as camera locations and video feeds from both fixed and body worn cameras during unfolding incidents. Fusus' technology ...

Election season is upon us once again. While nothing has been officially sewn up just yet, it appears that President Joe Biden and former President Donald Trump are overwhelming favorites to secure their parties’ nominations once again. Assuming this comes to pass, it will set up a rematch of the 2020 presidential election.As of this writing, betting odds have Trump at about a 44% chance to win the presidency. Biden has about 33% odds of winning. And bettors have assigned a combined 23% chance that the winn ...

This may end up being the most controversial article I write this year: picking out viable ideas regarding market predictions for a Trump presidency. Yeah, as ridiculous as it may appear to roughly half the nation, I believe a good chance exists that former President Donald J. Trump will take the White House in 2024.On a cerebral level, such a bold statement seems to lack any substance. However, when did Americans ever approach general elections cerebrally? This isn’t the 1960 debate between Senator John F. ...

24 Assets to Invest in for 2024: Part 6In Part 5, I spoke about chip stocks, Palantir (NYSE: PLTR),Costco (NASDAQ: COST),and Solana Meme Coins. Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.24 Assets to Invest in for 2024: Part 6This is a list I usually make for myself each year, although not with the clever title. I try to make at least a watchlist of assets I want to invest ...

In the latest market close, Axon Enterprise (AXON) reached $251.24, with a -1.48% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, added 0.36%.The maker of stun guns and body cameras's stock has dropped by 1.2% in the past month, falling short of the Industrial Products sector's loss of 0.83% and the S&P 500's gain of 2.4%.The upcoming earnings release of Axon Enterprise will be of gr ...

What is a Short Squeeze?A short squeeze occurs in the stock market when investors who have taken short positions in a stock (betting that its price will fall) are forced to buy shares to cover their positions as the stock's price unexpectedly rises. This upward price movement can be triggered by positive news, robust earnings reports, or other factors that drive demand for the stock. As short sellers rush to buy shares to limit their losses, the increased buying activity further drives up the stock's price. ...

Axon Enterprise (AXON) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this maker of stun guns and body cameras have returned -2.5%, compared to the Zacks S&P 500 composite's +1.2% change. During this period, the Zacks Security and Safety Services industry, which Axon falls in, has lost 1.3%. The key question now is: What could be the stock's futur ...

Stock Performance - Axon Enterprise ended the recent trading session at $250 69, showing a +0 46% increase from the previous day's closing price [1] - The stock outperformed the S&P 500's daily gain of 0 08%, while the Dow declined by 0 31% and the Nasdaq appreciated by 0 02% [1] - Over the past month, Axon Enterprise shares depreciated by 1 41%, underperforming the Industrial Products sector's gain of 4 54% and the S&P 500's gain of 3 52% [1] Financial Expectations - The company is expected to report EPS of $0 86, up 22 86% from the prior-year quarter [1] - Quarterly revenue is anticipated to be $418 97 million, up 24 64% from the year-ago period [1] Analyst Estimates - Positive estimate revisions are considered a sign of optimism about the company's business outlook [2] - The Zacks Consensus EPS estimate has moved 0 4% lower over the past month [2] - Axon Enterprise currently has a Zacks Rank of 3 (Hold) [2] Valuation Metrics - Axon Enterprise is trading with a Forward P/E ratio of 60 25, which is a premium compared to the industry's average Forward P/E of 21 4 [3] - The Security and Safety Services industry, part of the Industrial Products sector, has a Zacks Industry Rank of 91, placing it within the top 37% of over 250 industries [3]

In the latest trading session, Axon Enterprise (AXON) closed at $249.10, marking a -1% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.15%. Meanwhile, the Dow lost 0.42%, and the Nasdaq, a tech-heavy index, added 0.09%.The maker of stun guns and body cameras's shares have seen an increase of 5.37% over the last month, not keeping up with the Industrial Products sector's gain of 5.41% and outstripping the S&P 500's gain of 3.5%.Market participants will be closely fo ...