Axon Enterprise (AXON) closed the most recent trading day at $502.34, moving +2.12% from the previous trading session. This change outpaced the S&P 500’s 0.05% gain on the day. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq lost 0.64%.
The maker of stun guns and body cameras’s shares have seen an increase of 10.61% over the last month, surpassing the Aerospace sector’s loss of 1.06% and the S&P 500’s gain of 0.61%.
Analysts and investors alike will be keeping a close eye on the performance of Axon Enterprise in its upcoming earnings disclosure. The company’s earnings report is set to go public on August 5, 2026. The company is expected to report EPS of $1.89, down 10.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $868.35 million, up 29.89% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.83 per share and revenue of $3.65 billion, which would represent changes of +14.31% and +31.45%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Axon Enterprise. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts’ confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Axon Enterprise is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Axon Enterprise’s current valuation metrics, including its Forward P/E ratio of 62.82. This indicates a premium in contrast to its industry’s Forward P/E of 37.1.
Also, we should mention that AXON has a PEG ratio of 2.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The Aerospace – Defense Equipment was holding an average PEG ratio of 2.32 at yesterday’s closing price.
