AXON
Axon Enterprise
$542.69
▲ 3.9%Updated Aug 7, 11:30 AM ET
AXON at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 42/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 45.1% over the last 12 months
Market Cap
$48.12B
P/E
—
Forward P/E (est.)
—
ROE
6.6%
Revenue Growth
34.0%
EPS Growth
-39.6%
Profit Margin
6.9%
FCF Yield
0.5%
Debt / Equity
0.56x
ROIC
-1.0%
Interest Coverage
—
Current Ratio
2.27x
Dividend Yield
—
Implied Growth (rev. DCF)
8.8%
Rating Score
42/100
Axon Enterprise (AXON) is a large-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500, with a market value around $48.12B.
In its latest reported year it generated about $2.78B in revenue and $124.66M in net profit.
Our model rates AXON Neutral (42/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
60.2% average over the last 3 years
±1.5 pts around 60.9% across 10 years
grew in 9 of the last 9 year-over-year periods
positive in 9 of 10 years
-1.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AXON's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AXON trades near $542.69, above its 50-day average ($433.52) and 200-day average ($533.48). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 80 it is overbought — the recent rally is stretched and can cool off.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. AXON's is $32.33 (~6.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month AXON found buyers near $402.00 (support) and sellers near $610.99 (resistance); its 52-week range is $339.01–$885.92. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
33.9%
Revenue moved from $268.25M in 2016 to $2.78B in 2025, a 29.7% compound annual growth rate. The most recent year grew a strong 34.0% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
59.7%
Operating Margin
-2.2%
Net Margin
4.5%
ROE
6.6%
Axon Enterprise keeps about 6.9% of each sales dollar as net profit, with a 59.7% gross margin and -2.2% operating margin. Return on equity is 6.6% and return on invested capital about -1.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$1.73B
Net Debt
$1.27B
Net Debt / EBITDA
—
Debt / Equity
0.56x
Leverage: debt-to-equity is 0.6x, with a current ratio of 2.3x. That is a moderate, manageable debt load for most businesses. It carries roughly $1.73B of total debt against $458.92M of cash.
Operating CF
$211.34M
Free Cash Flow
$75.08M
FCF Margin
2.7%
In the latest year Axon Enterprise produced about $211.34M of operating cash flow and $75.08M of free cash flow after capital spending. That is a free-cash-flow yield of about 0.5% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
—
P/S
12.85x
P/B
17.23x
EV / EBITDA
—
AXON trades at n/a trailing earnings, 12.9x sales, and 17.2x book value. Reverse-engineering today's price implies the market expects roughly 8.8% long-term free-cash-flow growth. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$38.57
Current price
$542.69
Starting FCF (latest 10-K)
$75.08M
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where AXON sits versus its Industrials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How AXON stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (273 S&P 500 companies), AXON ranks #105 of 273 by our overall rating.
P/E vs sector
—
median 32x
ROE vs sector
6.6%
median 18.1%
Growth vs sector
34.0%
median 6.0%
Sector rank
#105
of 273 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $542.69 today · expected CAGR -35% – -28%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.72B | $4.99B | $6.69B | $8.96B | $12.01B |
| Net income | $148.98M | $199.64M | $267.51M | $358.47M | $480.35M |
| EPS | $1.68 | $2.25 | $3.02 | $4.04 | $5.42 |
| Share price (low) | $20.16 | $27.02 | $36.20 | $48.51 | $65.00 |
| Share price (high) | $33.60 | $45.03 | $60.34 | $80.85 | $108.34 |
| CAGR (low–high) | -96% / -94% | -78% / -71% | -59% / -52% | -45% / -38% | -35% / -28% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for AXON:
- Revenue is growing 34.0% a year, a sign of real demand.
- As an established S&P 500 member in Industrials, it brings scale and a long operating history.
The case against AXON:
- Limited free cash flow at today's price.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Axon Enterprise is a large-cap industrials business still growing nicely, with modest profitability, and a sound balance sheet. It trades at n/a earnings, which our model scores Neutral (42/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 28 Wall Street analysts covering AXON recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
AXON's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
AXON — frequently asked questions
Is AXON a good stock to buy?
We don't give buy or sell advice. Our model rates Axon Enterprise Neutral (42/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is AXON's rating on The Stocks School?
Axon Enterprise currently scores 42/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does AXON's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Axon Enterprise's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for AXON calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this AXON analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell AXON. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.