Latest news with #AxonEnterprise
Yahoo
2 days ago
- Business
- Yahoo
Needham Lifts Axon Enterprise, Inc. (AXON)'s Price Target To $870, Maintains Buy Rating
Axon Enterprise, Inc. (NASDAQ:AXON) is among the 11 Best Large Cap Defense Stocks to Buy According to Analysts. On August 5, Needham analyst Joshua Reilly raised the stock's price target to $870 from $820, while maintaining a Buy rating for its shares. A close up of the hand of a financial analyst, holding a copy of a report from a rating agency. The adjustment follows the company's second-quarter earnings call on August 4, with reported revenue beating consensus estimates by 420 basis points. Axon Enterprise, Inc. (NASDAQ:AXON) posted earnings per share of $2.12, comfortably surpassing expectations of $1.45 per share. Reilly noted the robust performance delivered by Axon Enterprise, Inc. (NASDAQ:AXON)'s new and existing products during the quarter. The Needham analyst also highlighted potential growth catalysts during the second half of the fiscal year, as Bodycam, TASER, and software products gain greater interest from countries in Europe. Axon Enterprise, Inc. (NASDAQ:AXON) is a technology company in global public safety. The stock has surged in 2025, with year-to-date gains of over 45%. Wall Street analysts expect the momentum to continue with an average share price upside potential of nearly 12%. While we acknowledge the potential of AXON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Low Priced Defense Stocks to Buy Now and 10 Best Aerospace Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report
Key Points Axon Enterprise is growing at an extraordinary rate and has a large market opportunity ahead. The total value of the company's deals with customers is at an all-time high. Shareholders need to see strong growth numbers for a long time to support its current valuation. 10 stocks we like better than Axon Enterprise › On Aug. 4, the law enforcement technology business Axon Enterprise (NASDAQ: AXON) shared its financial report with investors for the second quarter of 2025. The stock closed trading that day at about $745 per share. But since reporting second-quarter results later that afternoon, Axon stock is now up about 18% as of Aug. 6. This 18% increase for the stock only adds to its gains this year. As of this writing, it's up 48% year to date. Axon Enterprise stock is clearly on the move after its second-quarter report. Here are two important takeaways from the report that are contributing to the excitement as well as what to watch. Capturing the enormous market opportunity In the second quarter, revenue grew by 33% from the prior-year quarter to $669 million. This was the company's 14th consecutive quarter (which is 3.5 years) with top-line growth greater than 25%. For perspective, growth of 25% annually for 10 years turns $10,000 into over $900,000. It's an extraordinary compound annual growth rate (CAGR). The second quarter was just the latest iteration of outstanding growth for Axon. Over the past decade, it has put on quite a show for investors, as evidenced by the revenue chart below. The company has been able to grow at such a rate because there aren't many players comprehensively addressing the law enforcement space. It offers purpose-built hardware and software -- tasers, body cams, and evidence management software -- often sold in package deals, based on conversations with law enforcement agencies. The exciting takeaway from the second-quarter report is that it has still only generated $2.4 billion in trailing-12-month revenue. By comparison, management is eyeing a $129 billion market opportunity. It's debatable how much of its market it will capture. But there's plenty of room for ongoing growth of 25% or more from here. For what it's worth, management raised its 2025 revenue guidance and now expects full-year growth of 29%. The rising backlog Axon signs contracts with customers, known as bookings. These bookings turn into revenue as the deals play out over the years (sometimes as long as a decade). In the second quarter, the company had future contracted bookings of $10.7 billion, which was up 43% from a year ago. This underscores an optimistic long-term outlook for revenue growth. In short, future contracted bookings are increasing much faster than revenue. If it were the other way around, there would be some reason to be concerned about its growth rate in the future -- a slowdown in bookings growth would point to an eventual slowdown in revenue growth. However, Axon's bookings are at a record high and rising fast. It's consequently reasonable to expect strong revenue growth in upcoming years. Potential pressures on the stock price Even with its sensational growth, the company's second-quarter net income dropped 12%. The reason was an increase in stock-based compensation -- paying employees (largely the CEO) with shares of the company. It racked up $139 million in this expense in the quarter and expects the total to be between $580 million and $630 million for the year. Over the long term, the impacts of stock-based compensation can add up. As the chart below shows, Axon's revenue growth over the last five years is over 280%. But on a per-share basis -- a metric that matters more when thinking of shareholder value -- revenue is up less than 200%. This growth is still fantastic for the company's shareholders. It's just not as much as it would have been if the share count had remained the same. To further round out this point, the stock trades at nearly 30 times sales, its highest valuation in roughly two decades. The company will need to keep growing by leaps and bounds to grow into this valuation. And to be sure, it's been doing that and appears poised to continue doing that. But its rising share count is a headwind, and it will need to grow enough to offset this dilution as well. Axon Enterprise investors will want to see its incredible growth continue for some time -- the valuation is high and stock-based compensation is a small headwind. But there's reason for optimism given its large market opportunity and fast-growing backlog. Indeed, the stock could be positioned for ongoing strong returns for shareholders. Should you buy stock in Axon Enterprise right now? Before you buy stock in Axon Enterprise, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Axon Enterprise wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Jon Quast has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool has a disclosure policy. The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report was originally published by The Motley Fool Sign in to access your portfolio
Business Insider
4 days ago
- Business
- Business Insider
Lightning Strikes Twice for AXON as Analysts Eye $1,000 Price Target
Excitement is peaking at Axon Enterprise (AXON), the company behind TASERs, security body cameras, and cutting-edge cloud software for public safety. Earlier this week, the company published stellar earnings results, helping the stock to repeat history, almost to the day. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. On August 6th, 2024, the company reported better-than-expected earnings of $1.15 per share and immediately spiked higher on the news, before consolidating its gains in the weeks ahead. Judging by the stock's reaction to this year's figures so far this week, it would seem AXON's upward trend remains intact. AXON's latest Q2 report hit like a bombshell, sending the stock up 17% since Monday and pushing its gain to ~150% over the past year. With accelerating top-line growth and surging profitability, Axon is leveraging AI and exceptional customer retention to strengthen its grip on a recession-resistant industry. While the valuation is undeniably rich, this is a unique business—one that rarely, if ever, trades at a discount. That's why AXON remains one of my largest holdings. Revenue Growth Keeps Punching Above 30% Axon's Q2 revenue clocked in at $669 million, a 33% jump from last year. Not only did this mark the sixth consecutive quarter of above 30% revenue growth, but in fact, it accelerated from Q1's already impressive 31% clip. The software and services segment was the star of the show, up 39% to $292 million, fueled by premium digital evidence management and new AI tools like auto-transcription. Management emphasized strong demand for TASER 10 and Axon Body 4 as well, with platform solutions like counter-drone tech growing 86%. AI's integration is streamlining police workflows, saving 6-12 hours per officer weekly, and with annual recurring revenue (ARR) hitting $1.2 billion, up 39%, this growth train's got serious momentum. International expansion, particularly in Europe, and enterprise customer wins are also juicing numbers. In the post-earnings call, CEO Rick Smith discussed their 'product-led flywheel,' where new products drive subscriptions, which in turn drive more innovation. AI's role here is enormous, as tools like Draft One and live translation are boosting adoption, and with $10 billion in future contracted bookings, Axon's growth looks locked in for years. Then you have new tools like Evidence Translation and Smart Capture that are set to roll out, and make Axon's ecosystem even stickier. Evidently, with a net revenue retention rate of 124%, customers aren't just renewing their subscriptions, but they're spending more year after year. Margin Expansion Fuels Profit Powerhouse Profitability-wise, Axon's adjusted EBITDA hit $172 million in Q2, up 37%, with a margin of 25.7%, beating expectations. Management credited higher revenue and operating leverage, but the real magic seems to be in the product mix. Software and services, with a 75.6% gross margin, grew way faster than hardware, offsetting lower device margins from newer products like counter-drone systems. AXON's management commented in the earnings call that AI-driven efficiencies, like video auditing and real-time operations tools, are raising margins by cutting manual work. This focus on high-margin software helped adjusted net income reach $174 million, driving EPS to $2.12, well above analyst estimates. Earlier, Axon had flagged tariffs as a potential margin hit, but it seems they are easily absorbing those costs while still targeting a 25% adjusted EBITDA margin for the year. AXON Stock Valuation Remains Pricey Yet Justified Axon's current valuation is eye-watering. Trading at a P/S of 25 and a P/E of 131 based on 2025's projected $2.72 billion revenue and $6.60 EPS, this is easily one of the most expensive stocks in the market. However, the truth is that Axon has been trading at these lofty multiples for years, and time after time it has delivered. With revenue growth showing no signs of slowing and AI efficiencies kicking in, I'm not betting on multiple contractions anytime soon. Then you have to think of Axon's monopoly-like grip on public safety tech (TASERs, body cams, and cloud software), on top of operating in a recession-proof space. Police budgets don't decline in downturns, and Axon's ecosystem is sticky, with customers locked into long-term contracts. At the same time, AI is set to supercharge profitability, potentially shrinking that P/E as EPS grows faster than the stock price. I would argue that a run to $1,000 per share, which would imply a P/S near 30, might raise eyebrows, but for a business this dominant, it's not crazy. What is the Price Target for AXON in 2025? There are 16 analysts offering price targets on AXON stock via TipRanks, with an overwhelming bullish consensus. Currently, the stock carries a Strong Buy consensus rating based on 15 Buy and one Hold ratings over the past three months. No analyst rates the stock a sell. AXON's average stock price target of $857.07 implies less than 1% downside over the next twelve months. However, Wall Street has yet to update its post-earnings estimates, which will likely move higher after such a strong beat. Time to Back AXON as a Generational Compounder At the end of the day, Axon is doing what top-tier companies do: beating growth expectations, widening margins, and securing long-term customers with essential technology. Sure, the valuation may look toppy and extreme through a traditional lens—but with AI amplifying its model and public safety spending proving recession-proof, AXON's fundamentals remain rock-solid. I'm not trimming a single share because I believe it's wiser to add to generational compounders—history shows the market usually ends up playing catch-up to their long-term potential.
Yahoo
4 days ago
- Business
- Yahoo
Law Enforcement Software Market worth $32.96 billion by 2030
DELRAY BEACH, Fla., Aug 7, 2025 /PRNewswire/ -- According to MarketsandMarkets™, the Law Enforcement Software Market is expected to reach USD 32.96 billion by 2030 from USD 20.25 billion in 2025 at a compounded annual growth rate (CAGR) of 10.2% during the forecast period. Browse in-depth TOC on "Law Enforcement Software Market" 221 – Tables52 – Figures279 – Pages Download PDF Brochure @ Scope of Report Report Metrics Details Market Size Available for Years 2020–2030 Base Year Considered 2024 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Segments Covered Offering, Deployment Mode, End User Regions Covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies Covered Motorola Solutions (US), Axon Enterprise (US), NICE (Isreal), NEC Corporation (Japan), Hexagon (Sweden), Palantir Technologies (US), IBM (US), Nuance Communications (US), Esri (US), Gentec (Canada), LexisNexis Risk Solutions (US), Cyrun (US), Matrix Pointe Software (US), Tracker Products (US), CODY Systems (US), Omnigo (US), Column Case Management (US), Kaseware (US), 10-8 Systems (US), Mark43 (US), ID Networks (US), CPI OpenFox (US), Belkasoft (US), and CivicEye (US) The increasing rates of crime, terrorism, and civil unrest worldwide are driving the demand for advanced law enforcement software solutions that enhance public safety and situational awareness. Law enforcement agencies face increasing pressure to respond quickly and effectively to diverse security challenges, requiring tools that support real-time data analysis, incident tracking, and coordinated response efforts. Modern software platforms offer features such as predictive analytics, digital evidence management, and integrated communication systems that help agencies monitor and manage incidents more efficiently. Additionally, the complexity and scale of threats necessitate technologies that enable proactive crime prevention and enhanced decision-making. This growing need for timely, data-driven policing strategies significantly contributes to law enforcement software adoption across various regions and jurisdictions. Request Sample Pages@ Solutions offering segment is expected to hold the largest market share during the forecast period The solutions segment is anticipated to witness significant adoption in the Law Enforcement Software Market, driven by an increasing demand for advanced tools that support key police operations such as records management, computer-aided dispatch, case management, digital evidence handling, and crime analytics. These software solutions enable law enforcement agencies to streamline processes, enhance situational awareness, and improve decision-making through real-time data access and predictive insights. Agencies focus on integrated platforms that offer scalability, flexibility, and customization to meet diverse operational requirements. Additionally, the rising need for automation, digital transformation, and efficient resource utilization encourages agencies to invest in comprehensive software solutions. The growing crime rates, public safety concerns, and government initiatives to modernize policing infrastructure further contribute to the segment's strong market position. The solutions segment continues to be essential for law enforcement agencies aiming to optimize operations and enhance public security outcomes. Cloud deployment segment is expected to record the highest CAGR during the forecast period Law enforcement agencies are increasingly adopting cloud deployment models due to their scalability, flexibility, and cost-efficiency. Cloud-based law enforcement software enables centralized data management, real-time analytics, and streamlined information sharing across departments and jurisdictions, improving decision-making and operational efficiency. It supports remote access to systems, allowing officers and staff to access critical data securely from various locations. Integrating advanced technologies such as artificial intelligence, big data analytics, and IoT within cloud platforms enhances investigative capabilities, incident response, and crime prevention measures. Cloud deployment also minimizes the need for substantial upfront investments in hardware and IT infrastructure, making it a preferred choice for agencies with limited resources. Regular software updates and security enhancements that cloud services provide ensure system reliability and data protection. These benefits encourage law enforcement bodies worldwide to transition from traditional on-premises systems to cloud-based solutions, driving significant growth in this segment. Inquire Before Buying@ Asia Pacific region is expected to grow at the highest CAGR during the forecast period Asia Pacific is anticipated to experience the fastest Law Enforcement Software Market growth, supported by rising investments in public safety technologies across China, India, Japan, and Australia. Regional law enforcement agencies are increasingly adopting advanced software solutions such as crime analytics, incident management, surveillance systems, and real-time data sharing platforms to improve operational efficiency and public safety outcomes. Growing urbanization, increasing crime rates, and expanding innovative city initiatives further drive the regional demand for integrated law enforcement software. Additionally, a growing focus is on cloud-based and AI-powered law enforcement software due to its scalability, flexibility, and cost-effectiveness. India and China are enhancing their IT infrastructure to support modern policing requirements. These combined factors contribute to Asia Pacific emerging as the fastest-growing regional market for law enforcement software, as agencies prioritize digital transformation to manage evolving security challenges. Top Key Companies in Law Enforcement Software Market: Some of the law enforcement software vendors are Motorola Solutions (US), Axon Enterprise (US), NICE (Israel), NEC Corporation (Japan), Hexagon (Sweden), Palantir Technologies (US), IBM (US), Nuance Communications (US), Esri (US), and Gentec (Canada). Browse Adjacent Markets: Software and Services Market Research Reports & Consulting Related Reports: Tax Management Market - Global Forecast to 2030 Computer Aided Engineering Market - Global Forecast to 2030 Facility Management Market - Global Forecast to 2030 Knowledge Graph Market - Global Forecast to 2030 API Management Market - Global Forecast to 2029 Get access to the latest updates on Law Enforcement Software Companies and Law Enforcement Software Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets
Yahoo
5 days ago
- Business
- Yahoo
Axon Enterprise (AXON) Sees Q2 Revenue Rise To US$669 Million
Axon Enterprise recently reported its second-quarter 2025 earnings, showcasing a revenue growth to $669 million, up from $503 million a year ago, while net income experienced a decline to $36 million from $41 million. Concurrently, the company upgraded its full-year revenue guidance, suggesting optimistic future sales expectations. These events, coupled with a generally positive market environment, where the S&P 500 and Nasdaq Composite posted solid gains while digesting various earnings and global trade developments, likely provided a backdrop that supported the company's 26% share price surge over the past quarter. The market's robust performance perhaps added momentum to Axon's share price movements, complementing the company's adjusted forward guidance. Every company has risks, and we've spotted 2 possible red flags for Axon Enterprise you should know about. Find companies with promising cash flow potential yet trading below their fair value. The recent earnings announcement and revenue guidance upgrade could enhance Axon's narrative by underscoring its potential for continued growth, particularly through international expansion and AI-driven products. Despite the quarterly net income decline, the revenue jump to US$669 million points to successful product rollouts and market demand, which may positively influence future revenue and earnings forecasts. However, political and competitive risks could still introduce volatility in their earnings potential. Over the long term, Axon's shares have delivered a very large total return exceeding 982% over five years, suggesting significant value creation and growth beyond short-term fluctuations. This impressive performance contrasts with its one-year return, which exceeded the broader US market's 22.4% and the Aerospace & Defense industry's 40% return, highlighting Axon's robust market position. With the stock currently priced at US$863.65, its alignment with the analyst price target of US$873.67 suggests limited immediate upside, reflecting a modest 1.16% discount to the price target. This relatively small difference indicates analysts believe Axon's shares are fairly priced, and future price movements may depend on the company meeting or exceeding revenue and earnings expectations spurred by current positive developments and strategic initiatives. Assess Axon Enterprise's future earnings estimates with our detailed growth reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AXON. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
