At the time of writing, Axon Enterprise Inc [AXON] stock is trading at $556.26, up 4.06%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AXON shares have gain 5.67% over the last week, with a monthly amount drifted -16.36%, 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.
For the past year, the stock price of Axon Enterprise Inc fluctuated between $273.52 and $715.99. Currently, Wall Street analysts expect the stock to reach $598 within the next 12 months. Axon Enterprise Inc [NASDAQ: AXON] shares were valued at $556.26 at the most recent close of the market. An investor can expect a potential return of 7.5% based on the average AXON price forecast.
Analyzing the AXON fundamentals
According to Axon Enterprise Inc [NASDAQ:AXON], the company’s sales were 2.08B for trailing twelve months, which represents an 33.09% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
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 547.61 points at the first support level, and at 538.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 561.18, and for the 2nd resistance point, it is at 566.10.
Ratios To Look Out For
It is important to note that Axon Enterprise Inc [NASDAQ:AXON] has a current ratio of 2.30. Further, the Quick Ratio stands at 2.04, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 20.45, the price to book ratio is 18.31 and price to earnings (TTM) ratio is 116.40.
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.
