Meaningful positive changes in Axon Enterprise Inc (NASDAQ: AXON) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Axon Enterprise Inc (NASDAQ: AXON). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AXON is expected to continue to be an important Value Builder.
Axon Enterprise has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Axon Enterprise has a poor Appreciation Score of 16 but a very high Power Rating of 100, and the Neutral Value Trend Rating results.
Recent Price Action
On 3/15/24, Axon Enterprise Inc (NASDAQ: AXON) stock rose modestly by 0.4%, closing at $307.65. Moreover, trading volume in this advance was exceptionally high at 315% of normal. The stock has declined -2.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Be the first to comment