Axon Enterprise (AXON) Stock Forecast & Price Target

$593.89 +8.05 (+1.37%)

As of 01/17/2025 04:00 PM Eastern

Axon Enterprise - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 14 Analyst Ratings

Sell
0

Hold
0

Buy
14

Based on 14 Wall Street analysts who have issued ratings for Axon Enterprise in the last 12 months, the stock has a consensus rating of "Buy." Out of the 14 analysts, 14 have given a buy rating for AXON.

Consensus Price Target

$504.92
-14.98% Downside

According to the 14 analysts' twelve-month price targets for Axon Enterprise, the average price target is $504.92. The highest price target for AXON is $800.00, while the lowest price target for AXON is $365.00. The average price target represents a forecasted downside of -14.98% from the current price of $593.89.

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AXON Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)	9 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$504.92	$488.67	$375.00	$250.82
Forecasted Upside	-14.98% Downside	-22.64% Downside	-16.59% Downside	-2.33% Downside
Consensus Rating	Buy	Buy	Moderate Buy	Moderate Buy

AXON Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AXON Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Axon Enterprise Stock vs. The Competition

Type	Axon Enterprise	Aerospace Companies	S&P 500
Consensus Rating Score	3.00	2.65	2.52
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	-14.98% Downside	32.33% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent AXON News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/8/2025	TD Cowen 5 of 5 stars	A. Sherman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$700.00	+24.55%
12/6/2024	Robert W. Baird 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$600.00 ➝ $800.00	+15.98%
12/3/2024	Morgan Stanley 3 of 5 stars		Upgrade	Equal Weight ➝ Overweight	$500.00 ➝ $700.00	+10.00%
11/11/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$365.00 ➝ $550.00	-10.13%
11/8/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$525.00 ➝ $600.00	-1.22%
10/31/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Outperform ➝ Market Outperform	$430.00 ➝ $500.00	+17.86%
10/23/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$385.00 ➝ $441.00	-0.97%
8/7/2024	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$370.00 ➝ $376.00	+5.80%
8/7/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$381.00 ➝ $387.00	+8.90%
7/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$380.00	+18.96%
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7/17/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$385.00	+20.53%
4/24/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform
4/11/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$330.00 ➝ $365.00	+14.69%
3/13/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$380.00	+22.04%
11/8/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$223.00 ➝ $233.00	+7.69%
5/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$300.00 ➝ $309.00	+36.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:39 PM ET.

Should I Buy Axon Enterprise Stock? AXON Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, January 14, 2025. Please send any questions or comments about these Axon Enterprise pros and cons to contact@marketbeat.com.

Axon Enterprise
Bull Case

Here are some ways that investors could benefit from investing in Axon Enterprise, Inc.:

Recent upgrades from multiple analysts, including Robert W. Baird raising the target price to $800.00, indicate strong market confidence in Axon Enterprise, Inc.'s growth potential.
The stock is currently trading at $568.68, which is significantly higher than its fifty-two week low of $246.99, suggesting a strong recovery and positive momentum.
Axon Enterprise, Inc. has received a consensus rating of "Moderate Buy" from analysts, with fourteen buy ratings, reflecting widespread optimism about the company's future performance.
The company has a solid market capitalization of $43.36 billion, indicating a strong position in the market and the ability to invest in growth opportunities.
Insider ownership is at 6.10%, which can be a positive sign as it suggests that executives have a vested interest in the company's success.

Axon Enterprise
Bear Case

Investors should be bearish about investing in Axon Enterprise, Inc. for these reasons:

The stock has a high P/E ratio of 146.95, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Recent insider selling, including a significant sale by the president of 20,000 shares, could signal a lack of confidence in the stock's short-term performance.
The company has a relatively low debt-to-equity ratio of 0.32, which is generally positive, but it may also indicate that the company is not leveraging debt to fuel growth as aggressively as some investors might prefer.
Despite the positive analyst ratings, one analyst has rated the stock with a hold rating, suggesting that there may be some caution among market experts.
The stock's recent trading volume of 422,401 shares is below its average volume of 713,926, which could indicate waning investor interest or liquidity issues.

AXON Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Axon Enterprise is $504.92, with a high forecast of $800.00 and a low forecast of $365.00.
: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AXON shares.
: According to analysts, Axon Enterprise's stock has a predicted downside of -14.98% based on their 12-month stock forecasts.
: Over the previous 90 days, Axon Enterprise's stock had 1 upgrade by analysts.
: Axon Enterprise has been rated by research analysts at JMP Securities, Morgan Stanley, Needham & Company LLC, Northland Securities, Robert W. Baird, TD Cowen, and The Goldman Sachs Group in the past 90 days.
: Analysts like Axon Enterprise more than other "aerospace" companies. The consensus rating for Axon Enterprise is Buy while the average consensus rating for "aerospace" companies is Moderate Buy. Learn more on how AXON compares to other companies.

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This page (NASDAQ:AXON) was last updated on 1/20/2025 by MarketBeat.com Staff

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Axon Enterprise (AXON) Stock Forecast & Price Target