Does Axon Enterprise Inc (NASDAQ:AXON) Look Expensive At $556.26? Here’s How To Know.

In last trading session, Axon Enterprise Inc (NASDAQ:AXON) saw 0.66 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $556.26 trading at $21.7 or 4.06% at ring of the bell on the day assigns it a market valuation of $42.62B. That closing price of AXON’s stock is at a discount of -28.71% from its 52-week high price of $715.99 and is indicating a premium of 50.83% from its 52-week low price of $273.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.99 million shares which gives us an average trading volume of 983.59K if we extend that period to 3-months.

For Axon Enterprise Inc (AXON), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.56. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.25 in the current quarter.

Axon Enterprise Inc (NASDAQ:AXON) trade information

Upright in the green during last session for gaining 4.06%, in the last five days AXON remained trading in the green while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $556.26 price level, adding 2.4% to its value on the day. Axon Enterprise Inc’s shares saw a change of -6.40% in year-to-date performance and have moved 5.67% in past 5-day. Axon Enterprise Inc (NASDAQ:AXON) showed a performance of -16.36% in past 30-days. Number of shares sold short was 2.18 million shares which calculate 2.15 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 612.5 to the stock, which implies a rise of 9.18% to its current value. Analysts have been projecting 441 as a low price target for the stock while placing it at a high target of 726. It follows that stock’s current price would jump 20.72% in reaching the projected high whereas dropping to the targeted low would mean a gain of 20.72% for stock’s current value.

Axon Enterprise Inc (AXON) estimates and forecasts

This year revenue growth is estimated to rise 25.27% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 585.67M for the same. And 12 analysts are in estimates of company making revenue of 633.2M in the next quarter. Company posted 460.74M and 504.1M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 218.25% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.65% while estimates for its earnings growth in next 5 years are of 13.35%.

Axon Enterprise Inc (NASDAQ:AXON)’s Major holders

Insiders are in possession of 4.63% of company’s total shares while institution are holding 82.78 percent of that, with stock having share float percentage of 86.80%. Investors also watch the number of corporate investors in a company very closely, which is 82.78% institutions for Axon Enterprise Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at AXON for having 8.3 million shares of worth $2.44 billion. And as of 2024-06-30, it was holding 11.0155 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 8.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.8314 of outstanding shares, having a total worth of $2.4 billion.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.27 shares of worth $1.26 billion or 2.96% of the total outstanding shares. The later fund manager was in possession of 1.96 shares on Dec 31, 2024 , making its stake of worth around $1.09 billion in the company or a holder of 2.56% of company’s stock.