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Here’s Insiders Fund’s View on Axon Enterprises (AXON)
Yahoo Finance· 2026-01-02 12:51
Fund Performance - Alpha Wealth Insiders Fund achieved a return of 4.96% in September 2025, with year-to-date returns reaching 21.37% compared to the S&P 500's September return of 3.65% and year-to-date return of 14.83% [1] Company Overview: Axon Enterprise, Inc. - Axon Enterprise, Inc. (NASDAQ:AXON) specializes in manufacturing conducted energy devices (CEDs) under the TASER brand, along with body cameras and cloud software for law enforcement and public safety [2][3] - The company reported a one-month return of 3.15% and a 52-week decline of 4.79%, with shares closing at $567.93 on December 31, 2025, and a market capitalization of $45.115 billion [2] Business Insights - Axon Enterprise's ecosystem includes devices, sensors, Evidence.com, and AI tools, contributing to strong recurring revenue [3] - The company is expanding into retail, healthcare, and smart-city surveillance, projecting revenues of $2.55–2.65 billion for 2025 [3] Financial Performance - In Q3 2025, Axon generated $711 million in revenue, marking a 31% year-over-year increase [4] - Despite its potential, the company is not among the 30 most popular stocks among hedge funds, with 61 hedge fund portfolios holding its stock at the end of Q3, down from 62 in the previous quarter [4]