Key Highlights:
- Axon Enterprise (AXON, Financial) reports a dramatic 104% increase in EPS over the past year.
- Analysts project a modest upside potential with varying price target estimates.
- Current valuation metrics suggest a potential downside according to GuruFocus GF Value.
Axon Enterprise (AXON) has demonstrated impressive growth in earnings per share (EPS), leaping from $2.37 to $4.84 within the last year—an outstanding 104% increase. Despite experiencing a decline in EBIT margins, the concurrent revenue growth hints at the possibility of further expansion, particularly if margins stabilize.
Wall Street Analysts Forecast
Currently, 13 analysts offer one-year price targets for Axon Enterprise Inc (AXON, Financial), with an average target of $665.11. Price estimates range significantly, from a high of $800.00 to a low of $491.36. This average projection suggests a potential upside of 5.88% from the current trading price of $628.16. For more in-depth estimates, visit the Axon Enterprise Inc (AXON) Forecast page.
Brokerage Recommendations
The consensus among 17 brokerage firms places Axon Enterprise Inc’s (AXON, Financial) average brokerage recommendation at 1.9, indicating an “Outperform” status. This recommendation scale spans from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
Valuation According to GuruFocus
Using GuruFocus estimates, the estimated GF Value for Axon Enterprise Inc (AXON, Financial) in a year’s time is projected to be $435.56. This suggests a downside of 30.66% from the existing price of $628.16. The GF Value metric, a crucial assessment tool, considers the historical trading multiples the stock has encountered, along with previous business growth and anticipated future performance. For more comprehensive data, explore the Axon Enterprise Inc (AXON) Summary page.
