Investors who sold off Axon Enterprise (NASDAQ:AXON) stock last week after a breakup with a technology partner, reversed course after the stun gun maker posted strong fourth-quarter earnings and forecast a strong 2025.
Axon Enterprise (AXON -0.62%), known for its law enforcement technology solutions and Taser weapons, announced its fourth-quarter earnings on Feb. 25. The company posted adjusted diluted earnings per share (EPS) of $2.08, notably surpassing the analysts' consensus estimate of $1.40.
Axon Enterprise forecast its annual revenue above estimates on Tuesday, following robust quarterly results, banking on sustained strong demand for its software products and TASER devices.
PEG's fourth-quarter revenues beat the Zacks Consensus Estimate by 6.6%. However, the top line decreases 5.4% from the year-ago level.
U.S. electric and gas utility Public Service Enterprise Group on Tuesday forecast a higher profit for 2025 than the year earlier and raised its five-year capital spending plan to meet growing demand for power.
Zoom Communications reported fourth-quarter earnings and revenue that topped estimates as enterprise sales growth marked a bright spot.
Enterprise Products Partners is a solid 'buy' due to its attractive valuation, low leverage, and robust cash flow. The company has significant growth potential, with planned capital investments of $4-4.5 billion in 2025 and $2-2.5 billion in 2026. Enterprise Products Partners boasts a high yield of 6.50%, making it one of the top yielding firms in its sector.
Shares of Axon Enterprise (AXON -9.35%) had plunged over 23% this week as of Thursday afternoon after multiple analysts downgraded the stock, largely due to concerns about its valuation and the falling-out with a partner in the space.
Axon Enterprise (AXON -11.73%) stock is moving lower in Thursday's trading. The company's share price was down 10.9% as of 12:30 p.m.
PEG's Q4 results are likely to benefit from data center expansion and favorable rate outcomes amid the impact of warm weather conditions.
HPE's focus on enterprise AI leverages its expertise and customer relationships built from years of enabling hybrid cloud for enterprises. Rising deferred revenue can be an early indicator of HPE's future growth. It is also an early indication of whether HPE's enterprise strategy is gaining traction. HPE's acquisition of Juniper will strengthen its enterprise AI solution. The complementary nature of both businesses indicates integration won't be value-destroying as many have done in the past.
Axon Enterprise (AXON -8.61%) stock is losing ground in Wednesday's trading. The policing technologies company's share price was down 8.2% as of 1:15 p.m.