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Axon Enterprise (AXON) Beats Stock Market Upswing: What Investors Need to Know
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Axon Enterprise (AXON - Free Report) closed the most recent trading day at $502.34, moving +2.12% from the previous trading session. This change outpaced the S&P 500's 0.05% gain on the day. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq lost 0.64%.
The maker of stun guns and body cameras's shares have seen an increase of 10.61% over the last month, surpassing the Aerospace sector's loss of 1.06% and the S&P 500's gain of 0.61%.
Analysts and investors alike will be keeping a close eye on the performance of Axon Enterprise in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company is expected to report EPS of $1.89, down 10.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $868.35 million, up 29.89% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.83 per share and revenue of $3.65 billion, which would represent changes of +14.31% and +31.45%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Axon Enterprise. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Axon Enterprise is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Axon Enterprise's current valuation metrics, including its Forward P/E ratio of 62.82. This indicates a premium in contrast to its industry's Forward P/E of 37.1.
Also, we should mention that AXON has a PEG ratio of 2.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Aerospace - Defense Equipment was holding an average PEG ratio of 2.32 at yesterday's closing price.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 68, which puts it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Axon Enterprise (AXON) Beats Stock Market Upswing: What Investors Need to Know
Axon Enterprise (AXON - Free Report) closed the most recent trading day at $502.34, moving +2.12% from the previous trading session. This change outpaced the S&P 500's 0.05% gain on the day. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq lost 0.64%.
The maker of stun guns and body cameras's shares have seen an increase of 10.61% over the last month, surpassing the Aerospace sector's loss of 1.06% and the S&P 500's gain of 0.61%.
Analysts and investors alike will be keeping a close eye on the performance of Axon Enterprise in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company is expected to report EPS of $1.89, down 10.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $868.35 million, up 29.89% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.83 per share and revenue of $3.65 billion, which would represent changes of +14.31% and +31.45%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Axon Enterprise. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Axon Enterprise is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Axon Enterprise's current valuation metrics, including its Forward P/E ratio of 62.82. This indicates a premium in contrast to its industry's Forward P/E of 37.1.
Also, we should mention that AXON has a PEG ratio of 2.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Aerospace - Defense Equipment was holding an average PEG ratio of 2.32 at yesterday's closing price.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 68, which puts it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.