AXON's fourth-quarter revenues increase 33.6% year over year, driven by the impressive performance of its Software & Sensors and TASER segments.
Citizens Capital Markets analyst Trevor Walsh reiterated the Market Outperform rating on Axon Enterprise Inc AXON, with a price forecast of $725.
Here's our initial take on Axon Enterprise's (AXON -0.62%) fourth-quarter financial report.
Axon says continued adoption of its electroshock weapons and VR technologies powered gains.
Axon Enterprise, Inc. (NASDAQ:AXON ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Erik Lapinski - Senior Director, Investor Relations Rick Smith - Chief Executive Officer and Founder Josh Isner - President Brittany Bagley - Chief Operating Officer and Chief Financial Officer Jeff Kunins - Chief Product Officer and Chief Technology Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Meta Marshall - Morgan Stanley Joshua Reilly - Needham Michael Ng - Goldman Sachs Jonathan Ho - William Blair Andrew Sherman - TD Cowen William Power - Baird Trevor Walsh - JMP Securities Jordan Lyonnais - Bank of America Joseph Cardoso - JPMorgan Keith Housum - Northcoast Erik Lapinski Hello, everyone, and thank you for joining Axon's executive team today. I hope that you've all had a chance to read our Shareholder Letter released after the market closed, which you can find at investor.axon.com.
Although the revenue and EPS for Axon (AXON) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Axon Enterprise (AXON) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.12 per share a year ago.
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The industrials sector, represented by the Industrial Select Sector SPDR ETF NYSEARCA: XLI, has been a quiet outperformer so far in 2025, posting a 5.2% gain compared to the benchmark's 4.3%. What's even more notable is that the sector ETF's current positioning suggests the potential for further upside, given its technical setup.
Even though Axon was one of the first stocks to drop this week, we left the trade with a profit following rules. The post How We Left Axon Stock With Profits Before The Market Shock appeared first on Investor's Business Daily.
As AXON gears up to report fourth-quarter earnings, let us find out how the expectations stack up and whether it is the right time to buy the stock.
Shares of Axon Enterprise, Inc. AXON are trading lower Friday. The stock's downtrend, which began on Wednesday after a downgrade, continues.