JMP Securities Reiterates Outperform Rating, $825 Price Target For Axon Enterprise Inc. (AXON)

Axon Enterprise Inc. (NASDAQ:AXON) is among the 9 Defense Stocks That Will Skyrocket. On September 29, JMP Securities analyst Trevor Walsh reiterated his Market Outperform rating for the stock and maintained a share price target of $825.

The adjustment followed investor meetings with the company’s Senior Director of Investor Relations on September 25 that focused on key areas like emerging products, financial dynamics, sales strategies, and the recent acquisition of emergency response company Prepared.

Walsh described Axon Enterprise Inc. (NASDAQ:AXON)’s buyout of the emergency response startup as ‘a perfect complement’ to its earlier acquisitions of Fusus and Dedrone.

The stock has had impressive returns in 2025, gaining nearly 20% year-to-date. It has earned a consensus Buy rating from Wall Street analysts, who anticipate a further 24.71% upside potential in its share price.

Axon Enterprise Inc. (NASDAQ:AXON) manufactures weapons and technology for law enforcement agencies, the military, and civilian use. The company integrates cloud software solutions and hardware devices to help enable modern policing, defense, and security.

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