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AXON

S&P 500
Weak · 36/100

Axon Enterprise

Industrials
Aerospace & Defense

$410.03

3.2%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 45.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$34.13B

P/E

168.65x

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

36/100

Technical Analysis (Educational)
Research

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 $410.03, below its 50-day average ($412.98) and 200-day average ($544.49). Price below both averages is a downtrend — momentum is against buyers for now.

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 43 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. AXON's is $28.90 (~7.0% 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 $374.00 (support) and sellers near $515.80 (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 1.6× the 20-day average — heavier than usual, which adds conviction to the move. 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.

Business Overview
Research

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 $34.13B.

In its latest reported year it generated about $2.78B in revenue and $124.66M in net profit.

Our model rates AXON Weak (36/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

33.9%

Revenue moved from $863.38M in 2021 to $2.78B in 2025, a 33.9% 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.

Profitability
Research

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.

Debt Analysis
Research

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.

Cash Flow Analysis
Research

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.

Valuation Analysis
Research

P/E

168.65x

P/S

12.85x

P/B

13.44x

EV / EBITDA

AXON trades at 168.7x trailing earnings, 12.9x sales, and 13.4x book value. Reverse-engineering today's price implies the market expects roughly 8.8% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
168.7xExpensive
Forward P/E
P/S ratio
12.9xExpensive
Revenue growth
34.0%Strong
EPS growth
-39.6%Weak
Gross margin
59.7%Strong
Net margin
6.9%Weak
ROE
6.6%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How AXON stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), AXON ranks #71 of 80 by our overall rating. It trades at a premium versus the sector on earnings (168.7x P/E vs. 30x median) with a lower return on equity (6.6% vs. 24.7%) and faster revenue growth (34.0% vs. 5.0%).

P/E vs sector

168.7x

median 30x

ROE vs sector

6.6%

median 24.7%

Growth vs sector

34.0%

median 5.0%

Sector rank

#71

of 80 by rating

CompanyP/ERev Gr.Rating
AXONThis stock168.7x34.0%Weak· 36
LHX31.1x-20.8%Weak· 38
NOC16.2x5.0%Favorable· 65
TDG35.7x13.3%Neutral· 54
TXT16.7x9.5%Favorable· 59
GD21.8x-16.9%Neutral· 48
HII18.7x12.1%Favorable· 58
HWM62.1x14.2%Favorable· 59
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianLHXNOCTDGTXTGDHIIHWMAXONP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$601.91$1,007.16

vs. $410.03 today · expected CAGR 8%20%

Metric20262027202820292030
Revenue$3.72B$4.99B$6.69B$8.96B$12.01B
Net income$148.98M$199.64M$267.51M$358.47M$480.35M
EPS$1.85$2.48$3.32$4.45$5.96
Share price (low)$186.69$250.16$335.21$449.19$601.91
Share price (high)$312.38$418.58$560.90$751.61$1,007.16
CAGR (low–high)-54% / -24%-22% / 1%-6% / 11%2% / 16%8% / 20%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

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.
Bear Case

The case against AXON:

  • A rich 168.7x earnings multiple prices in a lot of growth.
  • Limited free cash flow at today's price.
  • Our model's overall read is Weak (36/100).
Key Risks
Research

Valuation risk — at 168.7x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Axon Enterprise is a large-cap industrials business still growing nicely, with modest profitability, and a sound balance sheet. It trades at 168.7x earnings, which our model scores Weak (36/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

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.