Axon Enterprise (AXON) Set to Announce Earnings on Monday

Axon Enterprise (NASDAQ:AXON) is set to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Axon Enterprise to post earnings of $0.97 per share for the quarter. Axon Enterprise has set its FY 2024 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Axon Enterprise (NASDAQ:AXON) last released its earnings results on Tuesday, February 27th. The biotechnology company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.29. Axon Enterprise had a net margin of 11.14% and a return on equity of 14.11%. The firm had revenue of $432.14 million during the quarter, compared to analyst estimates of $418.97 million. On average, analysts expect Axon Enterprise to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Axon Enterprise Stock Up 0.6 %

AXON stock opened at $318.55 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.00 and a quick ratio of 2.66. Axon Enterprise has a 1-year low of $175.37 and a 1-year high of $329.87. The firm has a fifty day moving average price of $307.87 and a two-hundred day moving average price of $264.29. The firm has a market cap of $24.04 billion, a price-to-earnings ratio of 138.50 and a beta of 0.91.

Analyst Upgrades and Downgrades

AXON has been the subject of several recent research reports. Morgan Stanley upped their price target on shares of Axon Enterprise from $285.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. William Blair restated an “outperform” rating on shares of Axon Enterprise in a research report on Wednesday, April 24th. Robert W. Baird upped their price target on shares of Axon Enterprise from $260.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Argus initiated coverage on shares of Axon Enterprise in a research report on Wednesday, March 13th. They set a “buy” rating and a $380.00 price target for the company. Finally, StockNews.com lowered shares of Axon Enterprise from a “buy” rating to a “hold” rating in a research report on Thursday, March 14th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $323.09.

Axon Enterprise Company Profile

Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.