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Axon Enterprise (AXON) Registers a Bigger Fall Than the Market: Important Facts to Note
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Axon Enterprise (AXON - Free Report) closed at $427.77 in the latest trading session, marking a -2.35% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.82%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw a decrease of 2.86%.
Coming into today, shares of the maker of stun guns and body cameras had gained 3.75% in the past month. In that same time, the Aerospace sector gained 0.62%, while the S&P 500 gained 0.71%.
The investment community will be paying close attention to the earnings performance of Axon Enterprise in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. On that day, Axon Enterprise is projected to report earnings of $1.9 per share, which would represent year-over-year growth of 62.39%. In the meantime, our current consensus estimate forecasts the revenue to be $931.13 million, indicating a 31.03% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.87 per share and revenue of $3.68 billion, which would represent changes of +14.89% and +32.31%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Axon Enterprise. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.94% lower. Right now, Axon Enterprise possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Axon Enterprise is presently trading at a Forward P/E ratio of 55.69. This signifies a premium in comparison to the average Forward P/E of 30.23 for its industry.
Investors should also note that AXON has a PEG ratio of 2.22 right now. 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 average PEG ratio for the Aerospace - Defense Equipment industry stood at 2.05 at the close of the market yesterday.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 78, finds itself in the top 32% echelons 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.
View the Zacks #1 Rank List
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Axon Enterprise (AXON) Registers a Bigger Fall Than the Market: Important Facts to Note
Axon Enterprise (AXON - Free Report) closed at $427.77 in the latest trading session, marking a -2.35% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.82%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw a decrease of 2.86%.
Coming into today, shares of the maker of stun guns and body cameras had gained 3.75% in the past month. In that same time, the Aerospace sector gained 0.62%, while the S&P 500 gained 0.71%.
The investment community will be paying close attention to the earnings performance of Axon Enterprise in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. On that day, Axon Enterprise is projected to report earnings of $1.9 per share, which would represent year-over-year growth of 62.39%. In the meantime, our current consensus estimate forecasts the revenue to be $931.13 million, indicating a 31.03% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.87 per share and revenue of $3.68 billion, which would represent changes of +14.89% and +32.31%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Axon Enterprise. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.94% lower. Right now, Axon Enterprise possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Axon Enterprise is presently trading at a Forward P/E ratio of 55.69. This signifies a premium in comparison to the average Forward P/E of 30.23 for its industry.
Investors should also note that AXON has a PEG ratio of 2.22 right now. 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 average PEG ratio for the Aerospace - Defense Equipment industry stood at 2.05 at the close of the market yesterday.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 78, finds itself in the top 32% echelons 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.