Investors Heavily Search Axon Enterprise, Inc (AXON): Here is What You Need to Know

Core Viewpoint - Axon Enterprise (AXON) has shown significant stock performance, returning +24.2% over the past month, outperforming the S&P 500 composite's +3.6% and the Zacks Security and Safety Services industry's +11.5% [1] Earnings Estimates Revisions - Axon is expected to post earnings of $0.98 per share for the current quarter, reflecting a year-over-year change of +11.4%, with a slight decrease of -0.9% in the Zacks Consensus Estimate over the last 30 days [2] - The consensus earnings estimate for the current fiscal year is $4.48, indicating a year-over-year change of +8.2%, with a -2.8% change in estimates over the last month [3] - For the next fiscal year, the consensus estimate is $5.67, showing a +26.6% change from the previous year, with a +6.6% increase in estimates over the past month [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $437.52 million, indicating a year-over-year change of +27.5% [4] - Revenue estimates for the current and next fiscal years are $1.93 billion and $2.34 billion, reflecting changes of +23.3% and +21.1%, respectively [4] Last Reported Results and Surprise History - Axon reported revenues of $432.14 million in the last quarter, a year-over-year increase of +28.6%, with an EPS of $1.12 compared to $0.70 a year ago [5] - The reported revenues exceeded the Zacks Consensus Estimate of $418.97 million by +3.14%, and the EPS surprise was +30.23% [5] - The company has consistently beaten consensus EPS and revenue estimates in the trailing four quarters [6] Valuation - Axon's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for determining if the stock is fairly valued [7] - The Zacks Value Style Score indicates that Axon is graded F, suggesting it is trading at a premium compared to its peers [8] Bottom Line - The information provided may assist in evaluating the market interest surrounding Axon, with a Zacks Rank 3 indicating potential performance in line with the broader market in the near term [9]