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Axon Enterprise (AXON) Stock Forecast & Price Target

Axon Enterprise logo
$631.69 +16.01 (+2.60%)
(As of 12/20/2024 05:40 PM ET)

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

Sell
0
Hold
0
Buy
13

Based on 13 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 13 analysts, 13 have given a buy rating for AXON.

Consensus Price Target

$488.67
-22.64% Downside
According to the 13 analysts' twelve-month price targets for Axon Enterprise, the average price target is $488.67. 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 -22.64% from the current price of $631.69.
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AXON Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
Hold
0 Hold rating(s)
1 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$488.67$427.83$365.38$245.64
Forecasted Upside-22.64% Downside-32.31% Downside-7.10% Downside-5.17% Downside
Consensus Rating
Buy
Moderate 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.
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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.
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Axon Enterprise Stock vs. The Competition

TypeAxon EnterpriseAerospace CompaniesS&P 500
Consensus Rating Score
3.00
2.66
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside-22.64% Downside31.59% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent AXON News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/6/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$600.00 ➝ $800.00+15.98%
12/3/2024Morgan Stanley
3 of 5 stars
 UpgradeEqual Weight ➝ Overweight$500.00 ➝ $700.00+10.00%
11/11/2024Northland Securities
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$365.00 ➝ $550.00-10.13%
11/8/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$525.00 ➝ $600.00-1.22%
10/31/2024JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$430.00 ➝ $500.00+17.86%
10/23/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$385.00 ➝ $441.00-0.97%
8/7/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$370.00 ➝ $376.00+5.80%
8/7/2024Barclays
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 Boost TargetOverweight ➝ Overweight$381.00 ➝ $387.00+8.90%
7/17/2024Bank of America
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 Initiated CoverageBuy$380.00+18.96%
7/17/2024Jefferies Financial Group
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 Initiated CoverageBuy$385.00+20.53%
4/24/2024William Blair
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 Reiterated RatingOutperform
4/11/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$330.00 ➝ $365.00+14.69%
3/13/2024Argus
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 Initiated CoverageBuy$380.00+22.04%
11/8/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$223.00 ➝ $233.00+7.69%
5/10/2023Credit Suisse Group
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 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 Saturday at 10:45 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 Sunday, December 15, 2024. Please send any questions or comments about these Axon Enterprise pros and cons to contact@marketbeat.com.

Axon Enterprise
Bull Case

green Wall Street bull icon

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

  • The current stock price is $644.91, reflecting strong market interest and potential for further growth.
  • Analysts have recently upgraded their price targets, with Robert W. Baird setting a target of $800.00, indicating confidence in the company's future performance.
  • Axon Enterprise, Inc. has a robust market capitalization of approximately $49.17 billion, suggesting a stable financial foundation and significant market presence.
  • The company has shown resilience with a low debt-to-equity ratio of 0.32, indicating a strong balance sheet and lower financial risk.
  • Insider ownership stands at 6.10%, which can be a positive signal as it suggests that those with the most knowledge about the company have a vested interest in its success.

Axon Enterprise
Bear Case

red Wall Street bear icon

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

  • The stock has experienced significant insider selling, with 99,590 shares sold recently, which may raise concerns about the company's future prospects.
  • Despite a high market capitalization, the P/E ratio is 166.64, indicating that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • The stock's beta of 1.01 suggests it is as volatile as the market, which could pose risks for investors seeking stability.
  • Recent trading volumes have been inconsistent, with a notable drop in average volume, which may indicate reduced investor interest.
  • The company operates in a competitive market for conducted energy devices, which could impact its market share and profitability in the long term.

AXON Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Axon Enterprise is $488.67, with a high forecast of $800.00 and a low forecast of $365.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AXON shares.

According to analysts, Axon Enterprise's stock has a predicted downside of -22.64% 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, 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.


This page (NASDAQ:AXON) was last updated on 12/21/2024 by MarketBeat.com Staff
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