- Axon Enterprise (AXON, Financial) maintains robust financial health with a notable 16% ROE, higher than the industry average.
- Despite a recent price dip, analysts see potential upside, forecasting a 10.31% increase from the current price.
- GuruFocus estimates indicate a significant downside risk according to the GF Value metric.
Despite a recent 5.9% dip in its share price, Axon Enterprise (AXON) showcases substantial financial health. The company boasts a return on equity (ROE) of 16%, which is impressively above the industry average of 12%. This strong performance has driven a remarkable 65% growth in net income over the past five years, even without the benefit of regular dividends.
Wall Street Analysts' Forecast
Based on one-year price targets provided by 13 analysts, the average target price for Axon Enterprise Inc (AXON, Financial) is $666.05, with estimates ranging from a high of $800.00 to a low of $491.36. This average target suggests an upside potential of 10.31% from the current price of $603.78. For more detailed estimate data, visit the Axon Enterprise Inc (AXON) Forecast page.
Furthermore, the consensus recommendation from 17 brokerage firms positions Axon Enterprise Inc's (AXON, Financial) average recommendation at 1.9, highlighting an "Outperform" status. This rating uses a scale from 1 to 5, where 1 represents Strong Buy, and 5 denotes Sell.
According to GuruFocus estimates, the projected GF Value for Axon Enterprise Inc (AXON, Financial) in one year is $427.43, indicating a potential downside of 29.21% from the current price of $603.78. The GF Value is GuruFocus' estimation of the stock's fair trading value, derived from historical stock multiples and expected future business performance. For additional insights, refer to the Axon Enterprise Inc (AXON) Summary page.
