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

Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.

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

As of July 30, 2026, AXON stock price declined to $525.30 with 579,865 million shares trading.

AXON has a beta of 1.17, meaning it tends to be more sensitive to market movements. AXON has a correlation of 0.04 to the broad based SPY ETF.

AXON has a market cap of $42.32 billion. This is considered a Large Cap stock.

Last quarter Axon Enterprise reported $807 million in Revenue and $1.61 earnings per share. This beat revenue expectation by $28 million and exceeded earnings estimates by $.33.

In the last 3 years, AXON traded as high as $885.92 and as low as $175.37.

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

AXON has underperformed the market in the last year with a price return of -27.9% while the SPY ETF gained +17.9%. However, in the short term, AXON had mixed performance relative to the market. It has outperformed in the last 3 months, returning +31.1% vs +4.5% return in SPY. But in the last 2 weeks, AXON shares have been beat by the market, returning -2.9% compared to an SPY return of -1.7%.

AXON support price is $511.78 and resistance is $550.62 (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.