Insider buying last 90 days
No open-market insider purchases were filed for AXON in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every AXON insider filing, plotted on the chart in Gekko.Open AXON in Gekko
NASDAQ: AXON
Axon Enterprise (AXON) Stock Analysis & Forecast
$447.76−5.74 (−1.3%)
Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.
Gekko Brief
AI summaryAxon Enterprise closes at $447.76, down 1.3%, with the close sitting between the 50-day average of $548.51 and the 200-day average of $503.00. Over the past month the stock is down 30.7%, though it remains up 5.8% over three months and down 40.4% over the past year. The GekkoIndex reads 70.9, placing it in the Buying zone, while the price sits 26.9% below the Gekko Fair Value of $612.61.
The week's activity centers on a $1.0 billion offering of 0% convertible senior notes due 2031, with an option for underwriters to purchase an additional $150.0 million; the notes carry an initial conversion price near $652.06 and are expected to bring net proceeds of about $986.0 million. This debt issuance coincided with volatile trading, including a 6.0% jump in one session and a further 3.19% decline the next. Separately, brokerages have set an average "Moderate Buy" recommendation with a price target near $721.57, following a quarter in which Axon reported $1.88 per share against an $1.84 consensus and revenue growth of 35.3% year-over-year.
Axon's next earnings report is due 3 November 2026, 44 days away, placing it outside a typical 20-trading-day holding window. Over the last 30 days, options activity shows 2 unusual signals, with put premium of $2,223,680 exceeding call premium of $556,705. Seasonally, the next 20 trading days have averaged a 4% gain over 5 years, rising in 4 of them. Analyst coverage shows 11 buy ratings, 1 hold, and 0 sell among 12 firms, with a consensus target of $706.21.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $447.76200-day averageGekko Fair Value $612.61
Key stats
- Market cap
- $36.09B
- P/E ratio
- 196
- Forward P/E
- 62.1
- EPS, TTM
- $2.39
- Revenue, TTM
- $3.22B
- Profit margin
- 6.2%
- Dividend yield
- —
- Beta
- 1.40
- Volume
- 1.20M avg 968,200
- 1-year return
- −40.4%
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±8.5%
- 50-day average
- $548.51
- 200-day average
- $503.00
- Next earnings
- Nov 3 after close
- Shares outstanding
- 81.24M
Axon Enterprise swing-trade checklist
Axon Enterprise scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $447.76 sits between the 50-day ($548.51) and 200-day ($503.00) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
70.9, Buying
Reading 70.9 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
26.9% below
Price is 26.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyheadwind
Leans bearish
Last 30 days: 2 unusual options signals.
See smart money - Earnings risksupportive
Reports in 44 days
Next report Nov 3, 2026, 44 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+4.0% on average
From this point in the calendar, the next 20 trading days averaged +4% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Axon Enterprise stock chart and price history
Axon Enterprise closed at $447.76 on Sep 18, 2026, −40.4% over the past year, inside a 52-week range of $339.01 to $792.16.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −30.7%
- 3 months
- +5.8%
- 6 months
- −10.8%
- 1 year
- −40.4%
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About Axon Enterprise
Axon Enterprise builds conducted energy weapons marketed under the TASER name and pairs them with hardware and cloud-based software used to record, store, and review video and other digital evidence. Police and other law enforcement bodies, both in the United States and abroad, form its customer base. Its offerings include body-worn cameras, in-car camera systems branded Axon Fleet, and a cloud platform called Axon Evidence for organizing recorded material, plus supporting gear like mounting docks, replacement cartridges, and batteries.
The business is structured around two segments, one centered on TASER weapons and their cartridges and the other on connected software and sensor products. Axon sells through its own sales staff, outside distributors, an e-commerce site, and approved resellers. It also works with Fusus, Inc. to add capability to its Axon Respond service and to a cloud-based crime center offering, giving agencies live visibility into incidents and support for follow-up investigations.
Axon Enterprise was established in 1993 and operates out of Scottsdale, Arizona. Its shares are listed on the NASDAQ under the ticker AXON.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Website
- axon.com
Axon Enterprise GekkoIndex: the smart money zone
Axon Enterprise’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.9, in the Buying zone, up 4.1 points over five sessions.
70.9Buying
Up 4.1 points over five sessions, from the Accumulation zone.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying (current zone) | 39 | −1.7% | +8.7% |
| Accumulation | 176 | +2.6% | +4.7% |
| Neutral | 345 | +0.4% | +2.0% |
| Distribution | 90 | +0.4% | +5.9% |
| Selling | 12 | −0.1% | +3.9% |
Average AXON share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the AXON price, zone by zone.Track AXON in Gekko
Is Axon Enterprise stock overvalued? Gekko Fair Value
Axon Enterprise trades 26.9% below Gekko Fair Value of $612.61, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Axon Enterprise shares are worth, recalculated every trading day.
$612.61
Gekko Fair Value, Sep 18, 2026
26.9% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open AXON in Gekko
Axon Enterprise insider and Congress trading
No open-market insider purchases were filed for Axon Enterprise, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in AXON were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for AXON, plotted on the chart in Gekko.Open AXON in Gekko
Buybacks
Axon Enterprise has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $130.0M
- As a share of market cap
- 0.36%
From company filings.
Unusual options activity last 30 days
2signals, 20% of the flagged premium in calls.
Latest: Bullish flow on Sep 16, $1.73M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
3of the funds Gekko tracks hold AXON.
1added0opened2trimmed3sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Axon Enterprise earnings: next date and track record
Axon Enterprise reports on Nov 3, 2026, after the close (44 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Nov 3, 2026
Expected after the close, 44 days away
- EPS estimate
- $1.94
- Revenue estimate
- $943.0M
7 of 8reports beat the EPS estimate
±17.2%average move across the report
6 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 5, 2026 AI summary
- What they said
- Axon reported a record Q2 2026 quarter with 39% growth, though specific revenue figures were not detailed in this excerpt. CEO Rick Smith highlighted the company's integrated public safety ecosystem spanning sensors, AI, TASER devices, and drones. A case study from Brookhaven, Georgia demonstrated 53-second drone response times, 96% city coverage, and 45% reduction in burglaries. Smith emphasized AI integration across Axon's sensor network as a key competitive differentiator.
- Guidance
- No specific forward-looking financial guidance, revenue targets, or earnings projections were provided in this transcript excerpt. Management commentary focused on strategic positioning and technology roadmap rather than quantitative forward guidance.
- Risks flagged
- Data privacy and potential abuse of surveillance data (DeFlock concerns and prior misuse of license plate reader data); regulatory or public trust issues could harm adoption. Geopolitical conflict and supply/operational disruptions (e.g., Ukraine/Russia/Iran) affecting counter-drone demand and logistics. Seasonality and quarter-to-quarter swings from large hardware shipments (large Dedrone/outpost shipments can cause volatility). Long government procurement cycles and contracting duration variability could delay revenue recognition.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 5, 2026 | $1.88 est $1.84 | $904.4M est $876.4M | −14.0% |
| May 6, 2026 | $1.61 est $1.60 | $807.3M est $778.9M | +12.2% |
| Feb 24, 2026 | $2.15 est $1.60 | $796.7M est $755.6M | +22.8% |
| Nov 4, 2025 | $1.17 est $1.52 | $710.6M est $704.8M | −11.7% |
| Aug 4, 2025 | $2.12 est $1.45 | $668.5M est $641.0M | +16.8% |
| May 7, 2025 | $1.41 est $1.27 | $603.6M est $586.4M | +14.2% |
| Feb 25, 2025 | $2.08 est $1.37 | $575.1M est $566.0M | +14.5% |
| Nov 7, 2024 | $1.45 est $1.20 | $544.3M est $525.3M | +31.3% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Axon Enterprise stock forecast and analyst price targets
Analysts’ average 12-month price target for Axon Enterprise is $706.21, +57.7% from the last close, from 12 firms rating the stock in the last 90 days.
$706.21consensus 12-month target, +57.7% from the last close
Now $447.76Avg $706.21
Low $600High $830
Each firm’s latest rating in the last 90 days: 12 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 10 | TD Cowen | $825 | +84.3% |
| Sep 2 | Needham | $750 | +67.5% |
| Aug 26 | Barclays | $688 | +53.7% |
| Aug 13 | William Blair | — | — |
| Aug 10 | Goldman Sachs | $715 | +59.7% |
+8.7%average 20-day move after past Buying readings
+4.0%average move over the next 20 trading days in the last 5 years
±6.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Axon Enterprise seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Axon Enterprise averaged +4.0% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −3.0% | 2 of 5 |
| Next 10 trading days | −2.7% | 1 of 5 |
| Next 15 trading days | +2.6% | 3 of 5 |
| Next 20 trading days | +4.0% | 4 of 5 |
| Next 30 trading days | +7.5% | 4 of 5 |
For scale, AXON’s typical 20-trading-day move in either direction is about 8.5%.
Axon Enterprise market cap and key statistics
Axon Enterprise’s market cap is $36.09B, with a P/E ratio of 196 and revenue of $3.22B over the last twelve months.
Valuation
- Market cap
- $36.09B
- P/E ratio
- 196
- Forward P/E
- 62.1
- EPS, TTM
- $2.39
- Gekko Fair Value
- $612.61
Trading
- Volume
- 1.20M
- Avg volume, 20 days
- 968,200
- 52-week high
- $792.16
- 52-week low
- $339.01
- Shares outstanding
- 81.24M
Financials
- Revenue, TTM
- $3.22B
- Profit margin
- 6.2%
- Return on equity
- 6.2%
- Quarterly earnings growth, YoY
- −18.2%
Risk and income
- Beta
- 1.40
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±8.5%
Axon Enterprise stock news this week
Coverage of Axon Enterprise this week reads negative: 1 positive, 6 neutral and 9 negative headlines.
- Axon Enterprise Inc. stock underperforms Friday when compared to competitorsMarketWatch, Sep 18
- What's Going On With Axon Enterprise Stock Friday?Benzinga, Sep 18
- 1,246,744 Shares in Axon Enterprise, Inc $AXON Bought by Nykredit A SMarketBeat, Sep 18
- Axon Enterprise (AXON) Stock Drops Despite Market Gains: Important Facts to NoteZacks Investment Research, Sep 17
- Strength Seen in Axon (AXON): Can Its 6.0% Jump Turn into More Strength?Zacks Investment Research, Sep 17
- 511,379 Shares in Axon Enterprise, Inc $AXON Acquired by Bank of America Corp DEMarketBeat, Sep 17
Axon Enterprise peers
Axon Enterprise’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GEGE Aerospace | Buying | 2.3% below |
| RTXRTX | Buying | 12.1% below |
| BABoeing | Buying | 17.4% below |
| LMTLockheed Martin | Accumulation | 19.7% below |
| GDGeneral Dynamics | Accumulation | 6.6% below |
| HWMHowmet Aerospace | Accumulation | 3.0% below |
A peer links to its own page where one exists.
Axon Enterprise stock FAQ
What is Axon Enterprise’s market cap?
Axon Enterprise’s market cap is $36.09B at the Sep 18, 2026 close of $447.76, with 81.24M shares outstanding. The shares trade on a P/E ratio of 196.
What is the Axon Enterprise stock forecast?
The consensus analyst 12-month price target for Axon Enterprise is $706.21, +57.7% from the last close. Of the 12 firms that rated the stock in the last 90 days, 11 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Axon Enterprise stock overvalued or undervalued?
On Gekko’s estimate Axon Enterprise is undervalued: the Sep 18, 2026 close of $447.76 is 26.9% below Gekko Fair Value of $612.61. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Axon Enterprise report earnings next?
Axon Enterprise is expected to report on Nov 3, 2026, after the market closes (44 days away). Analysts expect earnings of $1.94 per share on revenue of $943.0M. Axon Enterprise beat the earnings estimate in 7 of its last 8 reports, moving 17.2% on average across the report.
What is Axon Enterprise’s 52-week high and low?
Axon Enterprise’s 52-week high is $792.16 and its 52-week low is $339.01; it closed at $447.76 on Sep 18, 2026, −40.4% over the past year.
Is Axon Enterprise stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Axon Enterprise?
Gekko flagged 2 unusual options signals in Axon Enterprise over the last 30 days, with $557K of flagged premium in calls and $2.22M in puts. The latest, bullish flow, was on Sep 16, 2026 with $1.73M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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