Axon Enterprise (AXON) closed the most recent trading day at $716.39, moving +2.18% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 0.89%.
Heading into today, shares of the maker of stun guns and body cameras had gained 0.44% over the past month, lagging the Aerospace sector's gain of 0.88% and outpacing the S&P 500's gain of 0.16%.
Analysts and investors alike will be keeping a close eye on the performance of Axon Enterprise in its upcoming earnings disclosure. The company's earnings report is set to go public on November 4, 2025. The company's earnings per share (EPS) are projected to be $1.63, reflecting a 12.41% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $699.57 million, indicating a 28.53% growth compared to the corresponding quarter of the prior year.
AXON's full-year Zacks Consensus Estimates are calling for earnings of $6.91 per share and revenue of $2.72 billion. These results would represent year-over-year changes of +16.33% and +30.33%, respectively.
Investors might also notice recent changes to analyst estimates for Axon Enterprise. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 5.49% fall in the Zacks Consensus EPS estimate. Right now, Axon Enterprise possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, Axon Enterprise is holding a Forward P/E ratio of 101.52. Its industry sports an average Forward P/E of 34.4, so one might conclude that Axon Enterprise is trading at a premium comparatively.
One should further note that AXON currently holds a PEG ratio of 3.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Aerospace - Defense Equipment industry currently had an average PEG ratio of 2.46 as of yesterday's close.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 98, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Axon Enterprise, Inc (AXON): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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