AXON Stock Summary and Trading Ideas (Axon Enterprise | NASDAQ:AXON)

Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and derives the majority of its revenue from the software & sensors segment and geographically from the United States.

Axon Enterprise trades on the NASDAQ stock market under the symbol AXON.

As of February 21, 2025, AXON stock price declined to $513.22 with 1,406,602 million shares trading.

AXON has a market cap of $39.14 billion. This is considered a Large Cap stock.

Last quarter Axon Enterprise reported $544 million in Revenue and $1.45 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.25.

In the last 3 years, AXON traded as high as $715.99 and as low as $82.49.

The top ETF exchange traded funds that AXON belongs to (by Net Assets): VTI, VOO, VO, QQQ, VUG.

AXON has outperformed the market in the last year with a return of +94.6%, while the SPY ETF gained +22.1%. However, in the most recent history, AXON shares have underperformed the stock market with its stock returning -18.7% in the last 3 month period and -24.4% for the last 2 week period, while SPY has returned +1.4% and -0.1%, respectively.

AXON support price is $526.97 and resistance is $556.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AXON shares will trade within this expected range on the day.