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Axon Enterprise (AXON) Beats Stock Market Upswing: What Investors Need to Know
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In the latest trading session, Axon Enterprise (AXON - Free Report) closed at $397.12, marking a +1.14% move from the previous day. This change outpaced the S&P 500's 0.8% gain on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw an increase of 1.63%.
Prior to today's trading, shares of the maker of stun guns and body cameras had lost 12.84% lagged the Aerospace sector's loss of 2.91% and the S&P 500's gain of 8.11%.
The upcoming earnings release of Axon Enterprise will be of great interest to investors. The company's earnings report is expected on May 6, 2026. The company is expected to report EPS of $1.66, up 17.73% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $780.58 million, indicating a 29.31% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.12 per share and a revenue of $3.57 billion, representing changes of +18.54% and +28.54%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Axon Enterprise. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Axon Enterprise possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Axon Enterprise is currently trading at a Forward P/E ratio of 48.38. This indicates a premium in contrast to its industry's Forward P/E of 35.89.
It's also important to note that AXON currently trades at a PEG ratio of 1.46. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Aerospace - Defense Equipment stocks are, on average, holding a PEG ratio of 2.46 based on yesterday's closing prices.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 155, positioning it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Axon Enterprise (AXON) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, Axon Enterprise (AXON - Free Report) closed at $397.12, marking a +1.14% move from the previous day. This change outpaced the S&P 500's 0.8% gain on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw an increase of 1.63%.
Prior to today's trading, shares of the maker of stun guns and body cameras had lost 12.84% lagged the Aerospace sector's loss of 2.91% and the S&P 500's gain of 8.11%.
The upcoming earnings release of Axon Enterprise will be of great interest to investors. The company's earnings report is expected on May 6, 2026. The company is expected to report EPS of $1.66, up 17.73% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $780.58 million, indicating a 29.31% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.12 per share and a revenue of $3.57 billion, representing changes of +18.54% and +28.54%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Axon Enterprise. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Axon Enterprise possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Axon Enterprise is currently trading at a Forward P/E ratio of 48.38. This indicates a premium in contrast to its industry's Forward P/E of 35.89.
It's also important to note that AXON currently trades at a PEG ratio of 1.46. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Aerospace - Defense Equipment stocks are, on average, holding a PEG ratio of 2.46 based on yesterday's closing prices.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 155, positioning it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.