Ecosystem Advantage | Discover how Axon's integrated hardware-software platform creates powerful customer lock-in effects through multi-year contracts and recession-resilient public safety budgets |
Analyst Outlook | Price targets range from $702 to $860, with analysts projecting revenue to more than double from $2.08 billion to $4.31 billion by fiscal year 2027 |
Market Opportunity | The company addresses a $159 billion addressable market, expanding beyond core law enforcement into federal agencies, enterprise security, corrections, and international territories |
Growth Trajectory | Axon demonstrates remarkable momentum with seven consecutive quarters exceeding 30% revenue growth, driven primarily by high-margin software solutions and AI integration |
Metrics to compare | AXON | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAXONPeersSector | |
|---|---|---|---|---|
P/E Ratio | 175.6x | 33.6x | 12.2x | |
PEG Ratio | −4.36 | 0.47 | 0.03 | |
Price / Book | 10.2x | 3.6x | 1.4x | |
Price / LTM Sales | 12.1x | 2.6x | 1.3x | |
Upside (Analyst Target) | 50.4% | 20.5% | 21.8% | |
Fair Value Upside | Unlock | −2.5% | 6.8% | Unlock |
Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment also offers Axon Evidence, Draft One, Axon Records, Axon Standards, Axon Fusus, Axon Assistant, and others. The Connected Devices segment engages in the development, manufacture, and sale of integrated hardware solutions, such as conducted energy devices under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, accessories, extended warranties, and related hardware products, as well as virtual reality training hardware. The company serves first responders across international, federal, state, and local governments, international governmental entities, commercial enterprises, and consumers through direct sales, distribution partners, and third-party resellers. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.