Axon Enterprise (AXON) Stock Forecast, Price Target & Predictions
AXON Stock Forecast
Axon Enterprise stock forecast is as follows: an average price target of $516.50 (represents a -16.11% downside from AXON’s last price of $615.68) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
AXON Price Target
The average price target for Axon Enterprise (AXON) is $516.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $700.00 to $400.00. This represents a potential -16.11% downside from AXON's last price of $615.68.
AXON Analyst Ratings
According to 10 Wall Street analysts, Axon Enterprise's rating consensus is 'Buy'. The analyst rating breakdown for AXON stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 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 |
|---|---|---|---|---|---|---|
| Dec 03, 2024 | Meta Marshall | Morgan Stanley | $700.00 | $636.39 | 10.00% | 13.70% |
| Oct 22, 2024 | Joshua Reilly | Needham | $525.00 | $443.98 | 18.25% | -14.73% |
| Oct 22, 2024 | Michael Ng | Goldman Sachs | $441.00 | $443.98 | -0.67% | -28.37% |
| Sep 10, 2024 | William Power | Robert W. Baird | $400.00 | $364.39 | 9.77% | -35.03% |
| May 07, 2024 | Jeremy Hamblin | Craig-Hallum | $370.00 | $315.35 | 17.33% | -39.90% |
| Apr 10, 2024 | Joshua Reilly | Needham | $400.00 | $311.27 | 28.51% | -35.03% |
| Mar 13, 2024 | John Staszak | Argus Research | $380.00 | $306.78 | 23.87% | -38.28% |
| Apr 11, 2023 | Sami Badri | Credit Suisse | $300.00 | $225.13 | 33.26% | -51.27% |
| Dec 13, 2022 | Morgan Stanley | $155.00 | $168.59 | -8.06% | -74.82% |
The latest Axon Enterprise stock forecast, released on Dec 03, 2024 by Meta Marshall from Morgan Stanley, set a price target of $700.00, which represents a 10.00% increase from the stock price at the time of the forecast ($636.39), and a 13.70% increase from AXON last price ($615.68).
Axon Enterprise Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 7 |
| Avg Price Target | $700.00 | $555.33 | $459.43 |
| Last Closing Price | $615.68 | $615.68 | $615.68 |
| Upside/Downside | 13.70% | -9.80% | -25.38% |
In the current month, the average price target of Axon Enterprise stock is $700.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.70% increase as opposed to Axon Enterprise's last price of $615.68. This month's average price target is up 26.05% compared to last quarter, and up 52.36% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Oct 22, 2024 | Needham | Buy | Buy | Hold |
| Oct 22, 2024 | Goldman Sachs | Buy | Buy | Hold |
| 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 | |
| Feb 01, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jan 10, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| Dec 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Feb 25, 2022 | Needham | Buy | Buy | Hold |
Axon Enterprise's last stock rating was published by JMP Securities on Oct 31, 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 | Jun 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 | $285.61M | $256.43M | $217.58M | $231.99M | $218.79M | $195.02M | $226.14M | $166.44M | $141.26M | $147.16M | $171.85M | $130.84M |
| Avg Forecast | $848.41M | $802.58M | $757.82M | $710.47M | $693.79M | $665.92M | $619.57M | $577.32M | $566.80M | $525.34M | $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 | $870.84M | $823.81M | $777.86M | $729.25M | $712.13M | $683.53M | $635.95M | $595.81M | $574.23M | $526.02M | $478.35M | $441.57M | $422.86M | $391.16M | $359.82M | $328.20M | $314.00M | $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 |
| Low Forecast | $825.43M | $780.84M | $737.29M | $691.22M | $674.99M | $647.88M | $602.79M | $555.38M | $563.25M | $524.67M | $478.35M | $441.56M | $419.25M | $391.15M | $341.05M | $311.09M | $297.62M | $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 |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.07% | 1.07% | 1.10% | 1.11% | 1.10% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.11M | $47.74M | $23.30M | $28.75M | $38.31M | $27.62M | $22.95M | $-31.94M | $7.73M | $-47.55M | $-45.39M | $12.57M | $-276.00K | $-9.13M | $3.02M | $-8.73M | $11.14M |
| Avg Forecast | $25.68M | $24.30M | $22.94M | $21.51M | $21.00M | $20.16M | $18.76M | $17.48M | $17.16M | $15.90M | $14.48M | $-34.81M | $12.74M | $11.84M | $10.61M | $-31.64M | $-16.92M | $2.94M | $2.72M | $-28.77M | $2.13M | $2.26M | $1.84M | $-26.15M | $9.78M | $1.58M | $1.38M | $1.39M | $1.54M | $1.29M |
| High Forecast | $26.36M | $24.94M | $23.55M | $22.08M | $21.56M | $20.69M | $19.25M | $18.04M | $17.38M | $15.92M | $14.48M | $-27.85M | $12.80M | $11.84M | $10.89M | $-25.31M | $-13.54M | $2.94M | $2.72M | $-23.01M | $2.13M | $2.26M | $1.84M | $-20.92M | $11.73M | $1.58M | $1.38M | $1.39M | $1.54M | $1.29M |
| Low Forecast | $24.99M | $23.64M | $22.32M | $20.93M | $20.43M | $19.61M | $18.25M | $16.81M | $17.05M | $15.88M | $14.48M | $-41.77M | $12.69M | $11.84M | $10.32M | $-37.97M | $-20.31M | $2.94M | $2.72M | $-34.52M | $2.13M | $2.26M | $1.84M | $-31.38M | $7.82M | $1.58M | $1.38M | $1.39M | $1.54M | $1.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.65% | 4.50% | -0.74% | -1.70% | 13.02% | 10.15% | -0.80% | -14.99% | 3.42% | -25.83% | 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 $12.74M, with a high of $12.80M and a low of $12.69M. This is -76.89% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.40M | $12.42M | $45.14M | $29.18M | $12.13M | $50.96M | $54.87M | $-13.51M | $48.52M | $-47.12M | $-47.92M | $25.83M | $-873.00K | $-30.76M | $4.07M | $-12.38M | $6.10M |
| Avg Forecast | $174.32M | $153.23M | $142.11M | $125.90M | $141.11M | $128.57M | $114.91M | $102.15M | $108.92M | $93.55M | $79.86M | $-36.75M | $66.63M | $59.07M | $48.52M | $-33.41M | $-10.49M | $37.70M | $30.17M | $-30.37M | $12.97M | $19.39M | $18.18M | $-27.61M | $20.09M | $15.23M | $12.76M | $13.80M | $29.26M | $19.86M |
| High Forecast | $180.31M | $158.50M | $146.99M | $130.23M | $145.96M | $132.99M | $118.86M | $109.72M | $132.00M | $93.87M | $79.87M | $-29.40M | $75.16M | $59.09M | $50.19M | $-26.73M | $-8.39M | $37.70M | $30.17M | $-24.30M | $12.97M | $19.39M | $18.18M | $-22.09M | $24.11M | $15.23M | $12.76M | $13.80M | $29.26M | $19.86M |
| Low Forecast | $168.18M | $147.84M | $137.10M | $121.47M | $136.14M | $124.04M | $110.86M | $93.07M | $90.89M | $93.23M | $79.85M | $-44.10M | $63.53M | $59.05M | $46.81M | $-40.09M | $-12.59M | $37.70M | $30.17M | $-36.44M | $12.97M | $19.39M | $18.18M | $-33.13M | $16.07M | $15.23M | $12.76M | $13.80M | $29.26M | $19.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.26% | -1.35% | -2.78% | 0.32% | 1.69% | -1.81% | -1.04% | 2.50% | -2.59% | 1.74% | 1.29% | -0.06% | -2.41% | 0.30% | -0.42% | 0.31% |
Axon Enterprise's average Quarter net income forecast for Dec 23 is $66.63M, with a range of $63.53M to $75.16M. AXON's average Quarter net income forecast represents a 12.18% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $123.28M | $119.92M | $116.57M | $114.42M | $102.02M | $95.00M | $90.13M | $101.63M | $99.30M | $177.66M | $126.60M | $91.44M | $74.44M | $72.29M | $63.03M | $72.54M | $48.42M |
| Avg Forecast | $357.04M | $337.76M | $318.92M | $298.99M | $291.97M | $280.24M | $260.74M | $242.96M | $238.53M | $221.08M | $201.31M | $97.09M | $177.04M | $164.61M | $147.52M | $88.26M | $86.54M | $117.79M | $108.98M | $80.24M | $85.28M | $90.46M | $73.70M | $72.94M | $71.12M | $63.24M | $55.32M | $55.54M | $61.57M | $51.65M |
| High Forecast | $366.48M | $346.69M | $327.35M | $306.90M | $299.69M | $287.65M | $267.63M | $250.74M | $241.66M | $221.37M | $201.31M | $116.51M | $177.95M | $164.61M | $151.42M | $105.91M | $103.85M | $117.79M | $108.98M | $96.29M | $85.28M | $90.46M | $73.70M | $87.53M | $85.35M | $63.24M | $55.32M | $55.54M | $61.57M | $51.65M |
| Low Forecast | $347.37M | $328.61M | $310.28M | $290.89M | $284.06M | $272.65M | $253.67M | $233.72M | $237.03M | $220.80M | $201.31M | $77.67M | $176.44M | $164.61M | $143.53M | $70.61M | $69.23M | $117.79M | $108.98M | $64.19M | $85.28M | $90.46M | $73.70M | $58.36M | $56.90M | $63.24M | $55.32M | $55.54M | $61.57M | $51.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.81% | 1.32% | 1.32% | 0.87% | 0.87% | 1.12% | 1.19% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.79 | $0.17 | $0.62 | $0.41 | $0.17 | $0.72 | $0.77 | $-0.19 | $0.73 | $-0.72 | $-0.75 | $0.41 | $-0.01 | $-0.51 | $0.07 | $-0.21 | $0.10 |
| Avg Forecast | $2.23 | $1.96 | $1.82 | $1.61 | $1.81 | $1.65 | $1.47 | $1.31 | $1.40 | $1.20 | $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 | $2.31 | $2.03 | $1.88 | $1.67 | $1.87 | $1.70 | $1.52 | $1.41 | $1.69 | $1.20 | $1.02 | $0.95 | $0.96 | $0.76 | $0.64 | $0.55 | $0.53 | $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 |
| Low Forecast | $2.15 | $1.89 | $1.76 | $1.56 | $1.74 | $1.59 | $1.42 | $1.19 | $1.16 | $1.19 | $1.02 | $0.95 | $0.81 | $0.76 | $0.60 | $0.52 | $0.49 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.27% | 1.16% | 0.81% | 0.35% | 1.85% | 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).