Axon Enterprise (AXON) Stock Forecast, Price Target & Predictions
AXON Stock Forecast
Axon Enterprise stock forecast is as follows: an average price target of $334.17 (represents a -12.65% downside from AXON’s last price of $382.57) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
AXON Price Target
The average price target for Axon Enterprise (AXON) is $334.17 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $400.00 to $155.00. This represents a potential -12.65% downside from AXON's last price of $382.57.
AXON Analyst Ratings
According to 9 Wall Street analysts, Axon Enterprise's rating consensus is 'Buy'. The analyst rating breakdown for AXON stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Axon Enterprise Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 10, 2024 | William Power | Robert W. Baird | $400.00 | $364.39 | 9.77% | 4.56% |
| May 07, 2024 | Jeremy Hamblin | Craig-Hallum | $370.00 | $315.35 | 17.33% | -3.29% |
| Apr 10, 2024 | Joshua Reilly | Needham | $400.00 | $311.27 | 28.51% | 4.56% |
| Mar 13, 2024 | John Staszak | Argus Research | $380.00 | $306.78 | 23.87% | -0.67% |
| Apr 11, 2023 | Sami Badri | Credit Suisse | $300.00 | $225.13 | 33.26% | -21.58% |
| Dec 13, 2022 | - | Morgan Stanley | $155.00 | $168.59 | -8.06% | -59.48% |
The latest Axon Enterprise stock forecast, released on Sep 10, 2024 by William Power from Robert W. Baird, set a price target of $400.00, which represents a 9.77% increase from the stock price at the time of the forecast ($364.39), and a 4.56% increase from AXON last price ($382.57).
Axon Enterprise Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $400.00 | $400.00 | $387.50 |
| Last Closing Price | $382.57 | $382.57 | $382.57 |
| Upside/Downside | 4.56% | 4.56% | 1.29% |
In the current month, the average price target of Axon Enterprise stock is $400.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.56% increase as opposed to Axon Enterprise's last price of $382.57. This month's average price target is down 0.00% compared to last quarter, and up 3.23% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Sep 06, 2024 | Kansas City Capital | Buy | Buy | Hold |
| Aug 07, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Aug 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 17, 2024 | Jefferies | - | Buy | Initialise |
| May 07, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 01, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Feb 28, 2024 | Needham | Buy | Buy | Hold |
| Apr 11, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| Mar 17, 2023 | J.P. Morgan | - | Overweight | Downgrade |
Axon Enterprise's last stock rating was published by JMP Securities on Sep 12, 2024. The company gave AXON a "Outperform" rating, the same as its previous rate.
Axon Enterprise Financial Forecast
Axon Enterprise Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $413.60M | $374.61M | $343.04M | $336.14M | $311.75M | - | $256.43M | $217.58M | $231.99M | $218.79M | $195.02M | $226.14M | $166.44M | $141.26M | $147.16M | $171.85M | $130.84M |
| Avg Forecast | $852.39M | $743.68M | $764.70M | $681.50M | $673.87M | $645.05M | $615.09M | $568.24M | $545.37M | $524.45M | $478.35M | $441.56M | $420.68M | $391.15M | $350.55M | $319.75M | $305.91M | $279.89M | $258.96M | $232.92M | $202.65M | $214.95M | $175.13M | $165.94M | $180.97M | $150.28M | $131.45M | $131.97M | $146.31M | $122.72M |
| High Forecast | $866.69M | $756.16M | $777.53M | $692.94M | $685.17M | $655.87M | $625.41M | $577.77M | $554.52M | $530.99M | $486.38M | $448.97M | $422.86M | $397.72M | $356.43M | $325.11M | $311.04M | $284.59M | $258.96M | $245.06M | $213.22M | $226.16M | $184.26M | $174.59M | $190.40M | $158.11M | $138.30M | $138.85M | $153.94M | $129.12M |
| Low Forecast | $836.38M | $729.72M | $750.34M | $668.70M | $661.21M | $632.93M | $603.53M | $557.57M | $535.13M | $519.38M | $469.37M | $433.27M | $419.25M | $383.81M | $343.96M | $313.74M | $300.16M | $274.64M | $258.96M | $224.80M | $195.58M | $207.45M | $169.02M | $160.15M | $174.66M | $145.04M | $126.86M | $127.37M | $141.21M | $118.44M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.07% | 1.07% | 1.10% | 1.11% | - | 1.10% | 1.07% | 1.08% | 1.25% | 1.18% | 1.25% | 1.11% | 1.07% | 1.12% | 1.17% | 1.07% |
Axon Enterprise's average Quarter revenue forecast for Dec 23 based on 7 analysts is $420.68M, with a low forecast of $419.25M, and a high forecast of $422.86M. AXON's average Quarter revenue forecast represents a 1.71% increase compared to the company's last Quarter revenue of $413.60M (Sep 23).
Axon Enterprise EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.11M | $47.74M | $23.30M | $28.75M | $38.31M | - | $22.95M | $-31.94M | $7.73M | $-47.55M | $-45.39M | $12.57M | $-276.00K | $-9.13M | $3.02M | $-8.73M | $11.14M |
| Avg Forecast | $8.96M | $7.82M | $8.04M | $7.16M | $7.08M | $6.78M | $6.47M | $5.97M | $5.73M | $5.51M | $5.03M | $-34.81M | $4.42M | $4.11M | $3.69M | $-31.64M | $3.22M | $19.13M | $2.72M | $-28.77M | $-15.38M | $17.39M | $-256.79M | $-26.15M | $9.78M | $1.58M | $1.38M | $1.39M | $1.54M | $1.29M |
| High Forecast | $9.11M | $7.95M | $8.17M | $7.28M | $7.20M | $6.90M | $6.57M | $6.07M | $5.83M | $5.58M | $5.11M | $-27.85M | $4.45M | $4.18M | $3.75M | $-25.31M | $3.27M | $22.95M | $2.72M | $-23.01M | $-12.31M | $20.87M | $-205.43M | $-20.92M | $11.73M | $1.66M | $1.45M | $1.46M | $1.62M | $1.36M |
| Low Forecast | $8.79M | $7.67M | $7.89M | $7.03M | $6.95M | $6.65M | $6.34M | $5.86M | $5.63M | $5.46M | $4.93M | $-41.77M | $4.41M | $4.03M | $3.62M | $-37.97M | $3.16M | $15.30M | $2.72M | $-34.52M | $-18.46M | $13.91M | $-308.14M | $-31.38M | $7.82M | $1.52M | $1.33M | $1.34M | $1.48M | $1.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.40% | 12.95% | -0.74% | 8.94% | 2.00% | - | -0.80% | 2.08% | 0.44% | 0.19% | 1.74% | 1.29% | -0.17% | -6.61% | 2.18% | -5.68% | 8.64% |
7 analysts predict AXON's average Quarter EBITDA for Dec 23 to be $4.42M, with a high of $4.45M and a low of $4.41M. This is -91.98% lower than Axon Enterprise's previous annual EBITDA (Sep 23) of $55.11M.
Axon Enterprise Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.40M | $12.42M | $45.14M | $29.18M | $12.13M | - | $54.87M | $-13.51M | $48.52M | $-47.12M | $-47.92M | $25.83M | $-873.00K | $-30.76M | $4.07M | $-12.38M | $6.10M |
| Avg Forecast | $173.53M | $130.71M | $143.76M | $116.93M | $128.32M | $119.78M | $113.08M | $99.97M | $97.63M | $92.46M | $79.32M | $-36.75M | $66.18M | $58.67M | $48.19M | $-33.41M | $39.48M | $120.10M | $30.01M | $-30.37M | $-9.54M | $109.18M | $-254.43M | $-27.61M | $20.09M | $14.96M | $12.54M | $13.56M | $28.74M | $19.51M |
| High Forecast | $177.31M | $133.56M | $146.90M | $119.48M | $131.12M | $122.39M | $115.55M | $102.15M | $99.76M | $106.98M | $81.05M | $-29.40M | $74.64M | $59.95M | $49.24M | $-26.73M | $40.34M | $144.12M | $30.01M | $-24.30M | $-7.63M | $131.01M | $-203.55M | $-22.09M | $24.11M | $15.97M | $13.38M | $14.48M | $30.69M | $20.84M |
| Low Forecast | $169.29M | $127.52M | $140.25M | $114.08M | $125.19M | $116.85M | $110.32M | $97.53M | $95.25M | $84.82M | $77.38M | $-44.10M | $63.10M | $57.24M | $47.01M | $-40.09M | $38.52M | $96.08M | $30.01M | $-36.44M | $-11.44M | $87.34M | $-305.32M | $-33.13M | $16.07M | $14.28M | $11.97M | $12.94M | $27.44M | $18.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.26% | -1.35% | 0.74% | 0.10% | - | -1.81% | 1.42% | 0.44% | 0.19% | 1.74% | 1.29% | -0.06% | -2.45% | 0.30% | -0.43% | 0.31% |
Axon Enterprise's average Quarter net income forecast for Dec 23 is $66.18M, with a range of $63.10M to $74.64M. AXON's average Quarter net income forecast represents a 11.42% increase compared to the company's last Quarter net income of $59.40M (Sep 23).
Axon Enterprise SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $123.28M | $119.92M | $116.57M | $114.42M | $102.02M | - | $90.13M | $101.63M | $99.30M | $177.66M | $126.60M | $91.44M | $74.44M | $72.29M | $63.03M | $72.54M | $48.42M |
| Avg Forecast | $358.72M | $312.97M | $321.81M | $286.80M | $283.59M | $271.46M | $258.85M | $239.13M | $229.51M | $220.71M | $201.31M | $97.09M | $177.04M | $164.61M | $147.52M | $88.26M | $128.74M | $245.76M | $108.98M | $80.24M | $78.67M | $90.46M | $73.70M | $72.94M | $71.12M | $63.24M | $55.32M | $55.54M | $61.57M | $51.65M |
| High Forecast | $364.73M | $318.22M | $327.21M | $291.61M | $288.35M | $276.01M | $263.19M | $243.15M | $233.36M | $223.46M | $204.69M | $116.51M | $177.95M | $167.37M | $150.00M | $105.91M | $130.90M | $294.91M | $108.98M | $96.29M | $94.41M | $95.17M | $77.54M | $87.53M | $85.35M | $66.54M | $58.20M | $58.43M | $64.78M | $54.34M |
| Low Forecast | $351.98M | $307.09M | $315.77M | $281.41M | $278.26M | $266.36M | $253.99M | $234.64M | $225.20M | $218.58M | $197.53M | $77.67M | $176.44M | $161.52M | $144.75M | $70.61M | $126.32M | $196.60M | $108.98M | $64.19M | $62.94M | $87.30M | $71.13M | $58.36M | $56.90M | $61.04M | $53.39M | $53.60M | $59.43M | $49.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.81% | 1.32% | 0.89% | 0.42% | - | 1.12% | 1.29% | 1.10% | 2.41% | 1.74% | 1.29% | 1.18% | 1.31% | 1.13% | 1.18% | 0.94% |
Axon Enterprise's average Quarter SG&A projection for Dec 23 is $177.04M, based on 7 Wall Street analysts, with a range of $176.44M to $177.95M. The forecast indicates a 43.61% rise compared to AXON last annual SG&A of $123.28M (Sep 23).
Axon Enterprise EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.79 | $0.17 | $0.62 | $0.41 | $0.17 | - | $0.77 | $-0.19 | $0.73 | $-0.72 | $-0.75 | $0.41 | $-0.01 | $-0.51 | $0.07 | $-0.21 | $0.10 |
| Avg Forecast | $2.24 | $1.69 | $1.85 | $1.51 | $1.65 | $1.54 | $1.46 | $1.29 | $1.26 | $1.19 | $1.02 | $0.95 | $0.85 | $0.76 | $0.62 | $0.54 | $0.51 | $0.49 | $0.39 | $0.29 | $0.17 | $0.25 | $0.23 | $0.21 | $0.36 | $0.20 | $0.16 | $0.18 | $0.38 | $0.26 |
| High Forecast | $2.29 | $1.72 | $1.89 | $1.54 | $1.69 | $1.58 | $1.49 | $1.32 | $1.29 | $1.38 | $1.05 | $0.97 | $0.96 | $0.77 | $0.63 | $0.55 | $0.52 | $0.50 | $0.39 | $0.31 | $0.18 | $0.27 | $0.25 | $0.23 | $0.38 | $0.21 | $0.18 | $0.19 | $0.40 | $0.27 |
| Low Forecast | $2.18 | $1.64 | $1.81 | $1.47 | $1.61 | $1.51 | $1.42 | $1.26 | $1.23 | $1.09 | $1.00 | $0.92 | $0.81 | $0.74 | $0.61 | $0.52 | $0.50 | $0.47 | $0.39 | $0.28 | $0.16 | $0.24 | $0.22 | $0.20 | $0.34 | $0.19 | $0.16 | $0.17 | $0.36 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.27% | 1.16% | 0.81% | 0.35% | - | 2.62% | -1.14% | 2.92% | -3.07% | -3.55% | 1.15% | -0.05% | -3.10% | 0.39% | -0.56% | 0.39% |
According to 7 Wall Street analysts, Axon Enterprise's projected average Quarter EPS for Dec 23 is $0.85, with a low estimate of $0.81 and a high estimate of $0.96. This represents a 8.02% increase compared to AXON previous annual EPS of $0.79 (Sep 23).
Axon Enterprise Peer Comparison by Price Target
AXON Forecast FAQ
Is Axon Enterprise a good buy?
Yes, according to 9 Wall Street analysts, Axon Enterprise (AXON) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of AXON's total ratings.
What is AXON's price target?
Axon Enterprise (AXON) average price target is $334.17 with a range of $155 to $400, implying a -12.65% from its last price of $382.57. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Axon Enterprise stock go up soon?
According to Wall Street analysts' prediction for AXON stock, the company can go down by -12.65% (from the last price of $382.57 to the average price target of $334.17), up by 4.56% based on the highest stock price target, and down by -59.48% based on the lowest stock price target.
Can Axon Enterprise stock reach $600?
AXON's average twelve months analyst stock price target of $334.17 does not support the claim that Axon Enterprise can reach $600 in the near future.
What is Axon Enterprise's current price target trend?
1 Wall Street analyst forecast a $400 price target for Axon Enterprise (AXON) this month, up 4.56% from its last price of $382.57. Compared to the last 3 and 12 months, the average price target increased by 4.56% and increased by 1.29%, respectively.
What are Axon Enterprise's analysts' financial forecasts?
Axon Enterprise's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.5B (high $2.54B, low $2.46B), average EBITDA is $26.31M (high $26.75M, low $25.81M), average net income is $461.15M (high $471.21M, low $449.89M), average SG&A $1.05B (high $1.07B, low $1.03B), and average EPS is $5.95 (high $6.08, low $5.8). AXON's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.04B (high $3.09B, low $2.99B), average EBITDA is $31.98M (high $32.52M, low $31.38M), average net income is $564.93M (high $577.25M, low $551.14M), average SG&A $1.28B (high $1.3B, low $1.26B), and average EPS is $7.28 (high $7.44, low $7.11).
Did the AXON's actual financial results beat the analysts' financial forecasts?
Based on Axon Enterprise's last annual report (Dec 2023), the company's revenue was $1.56B, beating the average analysts forecast of $1.48B by 5.48%. Apple's EBITDA was $154.79M, missing the average prediction of $-19.423M by -896.95%. The company's net income was $174.23M, beating the average estimation of $139.63M by 24.77%. Apple's SG&A was $496.87M, missing the average forecast of $577.43M by -13.95%. Lastly, the company's EPS was $2.31, missing the average prediction of $2.77 by -16.51%. In terms of the last quarterly report (Sep 2023), Axon Enterprise's revenue was $413.6M, beating the average analysts' forecast of $391.15M by 5.74%. The company's EBITDA was $55.11M, beating the average prediction of $4.11M by 1240.23%. Axon Enterprise's net income was $59.4M, beating the average estimation of $58.67M by 1.24%. The company's SG&A was $123.28M, missing the average forecast of $164.61M by -25.11%. Lastly, the company's EPS was $0.79, beating the average prediction of $0.757 by 4.42%