Axon Enterprise (XSWX:AXON) Intrinsic Value: Projected FCF: CHF44.52 (As of Aug. 18, 2026) — 544% Above Median

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XSWX:AXON Axon Enterprise Inc XSWX:AXON
86 GF Score
Price CHF494.10
GF Value CHF511.25
! 4 Warning Signs
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What is Axon Enterprise Intrinsic Value: Projected FCF?

Axon Enterprise XSWX:AXON +0.32% 86 Intrinsic Value: Projected FCF is CHF44.52 as of Aug. 18, 2026, which is 100% below its 10-year median of 6.91. GuruFocus rates XSWX:AXON with a GF Score™ of 86/100 and a GF Value™ of CHF511.25. The stock has 4 warning signs investors should review. Among 195 Aerospace & Defense companies, Axon Enterprise ranks worse than 86.67% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-18), Axon Enterprise's Intrinsic Value: Projected FCF is CHF44.52. The stock price of Axon Enterprise is CHF494.10. Therefore, Axon Enterprise's Price-to-Intrinsic-Value-Projected-FCF of today is 11.1.

The historical rank and industry rank for Axon Enterprise's Intrinsic Value: Projected FCF or its related term are showing as below:

XSWX:AXON' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.58   Med: 6.91   Max: 18.4
Current: 11.1

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Axon Enterprise was 18.40. The lowest was 2.58. And the median was 6.91.

XSWX:AXON's Price-to-Projected-FCF is ranked worse than
86.67% of 195 companies
in the Aerospace & Defense industry
Industry Median: 3.05 vs XSWX:AXON: 11.10

Axon Enterprise  (XSWX:AXON) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Axon Enterprise's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=494.10/46.042945991263
=10.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axon Enterprise Intrinsic Value: Projected FCF Related Terms


Axon Enterprise Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Axon Enterprise's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Axon Enterprise Intrinsic Value: Projected FCF Chart

Axon Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Axon Enterprise Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 33.35

XSWX:AXON vs HEI.A, RKLB, CW: Intrinsic Value: Projected FCF Comparison

For the Aerospace & Defense subindustry, Axon Enterprise's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axon Enterprise Price-to-Projected-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Price-to-Projected-FCF falls into.


XSWX:AXON
86GF Score
Axon Enterprise Inc XSWX:AXON
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axon Enterprise Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Axon Enterprise's Free Cash Flow(6 year avg) = CHF97.61.

Axon Enterprise's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*97.6128+2937.057*0.8)/82.541
=46.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of CHF44.52 mean?
Axon Enterprise (XSWX:AXON) has a Intrinsic Value: Projected FCF of CHF44.52 as of Aug. 18, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Axon Enterprise and its competitors. This is 544% above median its historical median of 6.91. Over the past decade, Axon Enterprise's Intrinsic Value: Projected FCF has ranged from 2.58 to 18.40. According to the industry distribution chart, Axon Enterprise ranks #169 out of 195 companies in the Aerospace & Defense industry, placing it in the top 86.7%.
Is Axon Enterprise's Intrinsic Value: Projected FCF too high?
Axon Enterprise's current Intrinsic Value: Projected FCF of CHF44.52 is 544% above median its 10-year median of 6.91. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 18.40. Based on the distribution chart, Axon Enterprise ranks #169 out of 195 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Axon Enterprise has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Intrinsic Value: Projected FCF compare to HEI.A and RKLB?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #169 out of 195 companies for Intrinsic Value: Projected FCF. This places Axon Enterprise in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 3.05. Historically, Axon Enterprise's own Intrinsic Value: Projected FCF has ranged from 2.58 to 18.40 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Aerospace & Defense company?
The median Intrinsic Value: Projected FCF among Aerospace & Defense companies is 3.05, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Axon Enterprise and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: Projected FCF is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Intrinsic Value: Projected FCF is CHF44.52, which is 544% above median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Axon Enterprise (XSWX:AXON) has a current Intrinsic Value: Projected FCF of CHF44.52. The stock's GF Value™ is CHF511.25, compared to a current price of CHF494.10 — trading 3.4% below its estimated fair value. The current Intrinsic Value: Projected FCF is CHF44.52, which is 544% above median its 10-year median of 6.91. Axon Enterprise's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Axon Enterprise (XSWX:AXON), the current Intrinsic Value: Projected FCF is CHF44.52 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Axon Enterprise (XSWX:AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of CHF494.10 is trading 3.4% below its estimated GF Value™ of CHF511.25.

Key valuation signals for XSWX:AXON:

  • Intrinsic Value: Projected FCF: CHF44.52 (544% above median its 10-year median of 6.91)
  • GF Value™: CHF511.25 vs. price of CHF494.10 (3.4% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the XSWX:AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axon Enterprise Business Description

Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
86GF Score

Get the complete analysis for XSWX:AXON

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF494.10
Price
CHF511.25
GF Value