Stock Price & Analysis

Buy AXON stock as it has strong growth prospects with a "Strong Buy" analyst consensus and attractive valuation amid market correction.

Price Prediction for AXON Stock in 2025

AXON stock is predicted to reach a price target of $625 in 2025. This forecast is supported by the company's strong revenue growth, with a 33% year-over-year increase in 2024, and its projected revenue of $2.55 billion to $2.65 billion for 2025. Analysts have set a median price target of $612.5, with some firms targeting as high as $725. The stock's current price of $568.81, combined with its expansion into AI and international markets, positions it for continued growth despite its high valuation.

The S1 support level for AXON Stock is $519.42 ,The R1 resistant level for AXON Stock is $574.92.

As of the end of day on 2025-04-01, the price of AXON Stock was $541.98.

The target price for AXON Stock according to analyst rating is 679.73, with the highest price target at 800.00 and the lowest at 550.00. Analysts have a Strong Buy rating on AXON Stock overall.

The market cap of AXON is $42.0B.

Analysis and Insights

AXON may be overvalued based on its current financial metrics and market sentiment. Here's a concise analysis:

1. High Valuation Metrics: AXON's P/E ratio of 123.83 and EV/EBITDA of 155.08 are significantly higher than industry averages, indicating a premium valuation.

2. Price-to-Sales Ratio: The stock trades at a P/S ratio of 22.41, reflecting investor confidence in its growth prospects.

3. Recent Stock Performance: AXON has dropped 25% from its all-time high despite strong Q4 results, suggesting market correction.

4. Analyst Sentiment: While some analysts have raised price targets, others have downgraded the stock, citing high multiples and near-term risks.

5. Insider Activity: Recent insider sales, including a director selling 15.9% of their shares, may signal caution.

Conclusion

AXON appears overvalued due to high valuation metrics and mixed analyst sentiment, despite strong fundamentals. Investors should exercise caution and consider waiting for a more favorable entry point.

Axon Enterprise, Inc. is a provider of law enforcement technology solutions. The Company is engaged in building the public safety operating system by integrating hardware devices and cloud software solutions that lead modern policing, defense and security. Its ecosystem includes TASER energy devices, body-worn cameras, in-car cameras, cloud-hosted digital evidence management solutions, productivity software, real-time operations capabilities and third-party integrations through its partner network. The Company's TASER segment offers manufacture and sale of conducted electrical devices, batteries, accessories, extended warranties, and other products and services. Software and Sensors segment development, manufacture and sale of fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, store, manage, share and analyze video, and other digital evidence. The Company is also engaged in offering real-time crime center (RTCC) technology.

Based on strong revenue growth, expanding product lines, and a total addressable market of $129 billion, AXON stock is projected to reach $1,200 by 2030. This growth will be driven by continued innovation in AI, drones, and international market expansion. Analysts expect sustained momentum from TASER 10 and AI Era Plan deals.

AXON has a total of 3330 employees.