A month has gone by since the last earnings report for Axon Enterprise (AXON). Shares have added about 14.8% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Axon due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted 66.67% due to these changes.
VGM Scores
Currently, Axon has a poor Growth Score of F, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the fifth quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Notably, Axon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Axon belongs to the Zacks Aerospace - Defense Equipment industry. Another stock from the same industry, Mercury Systems (MRCY), has gained 13% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Mercury Systems reported revenues of $211.36 million in the last reported quarter, representing a year-over-year change of +1.5%. EPS of $0.06 for the same period compares with -$0.26 a year ago.
For the current quarter, Mercury Systems is expected to post earnings of $0.22 per share, indicating a change of -4.4% from the year-ago quarter. The Zacks Consensus Estimate has changed +6.1% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Mercury Systems. Also, the stock has a VGM Score of D.
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Axon Enterprise, Inc (AXON): Free Stock Analysis Report Mercury Systems Inc (MRCY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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