This is why Axon Enterprise Inc (AXON) Stock is one of the options for the Longer run

Axon Enterprise Inc [AXON] stock prices are down -8.20% to $525.44 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AXON shares have lost -3.02% over the last week, with a monthly amount drifted -17.58%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Axon Enterprise Inc [NASDAQ: AXON] stock has seen the most recent analyst activity on February 20, 2025, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $625 for it. Previously, Northcoast downgraded its rating to Neutral on February 19, 2025. On January 08, 2025, TD Cowen initiated with a Buy rating and assigned a price target of $700 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $700 on December 03, 2024. JMP Securities reiterated its recommendation of a Mkt Outperform and raised its price target to $430 on September 12, 2024. Jefferies started tracking with a Buy rating for this stock on July 17, 2024, and assigned it a price target of $385. In a note dated July 17, 2024, BofA Securities initiated an Buy rating and provided a target price of $380 on this stock.

The stock price of Axon Enterprise Inc [AXON] has been fluctuating between $265.32 and $715.99 over the past year. Currently, Wall Street analysts expect the stock to reach $558.4 within the next 12 months. Axon Enterprise Inc [NASDAQ: AXON] shares were valued at $525.44 at the most recent close of the market. An investor can expect a potential return of 6.27% based on the average AXON price forecast.

Analyzing the AXON fundamentals

The Axon Enterprise Inc [NASDAQ:AXON] reported sales of 2.08B for trailing twelve months, representing a surge of 33.09%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.18 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 505.14 points at the first support level, and at 484.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 562.31, and for the 2nd resistance point, it is at 599.18.

Ratios To Look Out For

It’s worth pointing out that Axon Enterprise Inc [NASDAQ:AXON]’s Current Ratio is 2.30. As well, the Quick Ratio is 2.04, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 19.22, the price to book ratio is 19.04 and price to earnings (TTM) ratio is 109.89.

Transactions by insiders

Recent insider trading involved Kalinowski Caitlin Elizabeth, Director, that happened on Jan 02 ’25 when 450.0 shares were sold. Director, CAITLIN KALINOWSKI completed a deal on Jan 02 ’25 to buy 450.0 shares. Meanwhile, CPO & CTO Kunins Jeffrey C sold 1035.0 shares on Dec 23 ’24.

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