- Axon Enterprise's stock jumps 5.7% after impressive Q1 earnings report.
- Revenue surged by 31%, beating estimates, with adjusted earnings per share topping forecasts.
- Wall Street analysts express optimism with a positive average price target, though GuruFocus suggests caution based on GF Value.
Axon Enterprise (AXON, Financial) has caught investors' attention with a notable 5.7% increase in its stock value, following a stellar first-quarter performance. The company reported a remarkable 31% growth in revenue, reaching an unprecedented $604 million, comfortably ahead of market expectations. Additionally, adjusted earnings per share climbed to $1.41, surpassing the anticipated $1.24. This positive trajectory has led Axon Enterprise to revise its 2025 revenue guidance upward, signaling confidence in its future growth.
Wall Street Analysts Forecast
Wall Street analysts have set optimistic one-year price targets for Axon Enterprise Inc (AXON, Financial). With input from 13 analysts, the average target price is $665.11, ranging from a high of $800.00 to a low of $491.36. This average suggests a potential upside of 10.52% from the current stock price of $601.82. Investors can explore more comprehensive estimates on the Axon Enterprise Inc (AXON) Forecast page.
The consensus recommendation from 17 brokerage firms highlights an "Outperform" status for Axon Enterprise Inc (AXON, Financial), with an average brokerage rating of 1.9. This scale ranges from 1 (Strong Buy) to 5 (Sell), indicating a generally favorable outlook from these analysts.
GF Value and Investment Considerations
However, when considering the GF Value estimate by GuruFocus, investors may wish to exercise caution. The estimated GF Value for Axon Enterprise Inc (AXON, Financial) over the next year is $435.56, implying a potential downside of 27.63% from the current price of $601.82. The GF Value reflects GuruFocus' assessment of a stock's fair trading value, based on historical trading multiples and projected business performance. More detailed insights can be accessed on the Axon Enterprise Inc (AXON) Summary page.
