AXON (Axon Enterprise) Order Backlog for Technology (USD Mil): 4,647.40 (As of Dec. 2022)

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AXON Axon Enterprise Inc AXON
81 GF Score
Price $502.34
GF Value $613.93
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Axon Enterprise Order Backlog for Technology (USD Mil)?

Axon Enterprise AXON +2.12% 81 Order Backlog for Technology (USD Mil) is 4,647.40 as of Dec. 2022. GuruFocus rates AXON with a GF Score™ of 81/100 and a GF Value™ of $613.93 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet.

Axon Enterprise's Order Backlog for Technology (USD Mil) for the quarter that ended in Dec. 2022 was 4,647.40 , which higher from pervious quarter (Dec. 2021)'s result by 91.57%.

Axon Enterprise's Order Backlog for Technology (USD Mil) for the annual that ended in Dec. 2022 was 4,647.40 , which higher from pervious year (Dec. 2021)'s result by 91.57%.

The historical rank and industry rank for Axon Enterprise's Order Backlog for Technology (USD Mil) or its related term are showing as below:

AXON's Order Backlog for Technology (USD Mil) is not ranked *
in the Aerospace & Defense industry.
Industry Median:
* Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.

Axon Enterprise  (NAS:AXON) Order Backlog for Technology (USD Mil) Explanation

The term backlog refers to a buildup of work that has not yet been completed by the company. The presence of a backlog can have positive or negative implications. For example, a rising backlog of product orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could cause (or be a result of) increasing inefficiency in the production process. Likewise, a falling backlog might be a sign of lagging demand but could also be a result of improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.


Axon Enterprise Order Backlog for Technology (USD Mil) Related Terms


Axon Enterprise Order Backlog for Technology (USD Mil) Historical Data

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The historical data trend for Axon Enterprise's Order Backlog for Technology (USD Mil) 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 Order Backlog for Technology (USD Mil) Chart

Axon Enterprise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Order Backlog for Technology (USD Mil)
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Bookings (USD Mil)
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Axon EnterpriseQuarterly Data
Trend Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20 Dec21 Dec22
Order Backlog for Technology (USD Mil)
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Bookings (USD Mil)
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AXON vs HEI.A, CW, FTAI: Order Backlog for Technology (USD Mil) Comparison

For the Aerospace & Defense subindustry, Axon Enterprise's Order Backlog for Technology (USD Mil), along with its competitors' market caps and Order Backlog for Technology (USD Mil) 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
81GF Score
Axon Enterprise Inc AXON
Order Backlog for Technology (USD Mil) is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions
What does a Order Backlog for Technology (USD Mil) of 4,647.40 mean?
Axon Enterprise (AXON) has a Order Backlog for Technology (USD Mil) of 4,647.40 as of Dec. 2022. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Axon Enterprise and its competitors.
Is Axon Enterprise's Order Backlog for Technology (USD Mil) too high?
Axon Enterprise's current Order Backlog for Technology (USD Mil) is 4,647.40. Overall, Axon Enterprise has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Order Backlog for Technology (USD Mil) compare to HEI.A and CW?
Axon Enterprise's Order Backlog for Technology (USD Mil) of 4,647.40 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Order Backlog for Technology (USD Mil) for an Aerospace & Defense company?
A good Order Backlog for Technology (USD Mil) depends on the Aerospace & Defense industry context. However, Order Backlog for Technology (USD Mil) 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 Order Backlog for Technology (USD Mil) mean?
A high Order Backlog for Technology (USD Mil) can signal that a stock is expensive relative to its fundamentals. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Axon Enterprise and its competitors. Axon Enterprise's current Order Backlog for Technology (USD Mil) is 4,647.40. 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?
Based on GuruFocus' analysis, Axon Enterprise (AXON) is currently considered Modestly Undervalued. The stock's GF Value™ is $613.93, compared to a current price of $502.34 — trading 18.2% below its estimated fair value. The current Order Backlog for Technology (USD Mil) is 4,647.40. Axon Enterprise's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Order Backlog for Technology (USD Mil) calculated?
Order Backlog for Technology (USD Mil) is calculated from a company's financial statements. For Axon Enterprise (AXON), the current Order Backlog for Technology (USD Mil) is 4,647.40 as of Dec. 2022. 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 (AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of $502.34 is trading 18.2% below its estimated GF Value™ of $613.93. GuruFocus considers Axon Enterprise to be Modestly Undervalued.

Key valuation signals for AXON:

  • Order Backlog for Technology (USD Mil): 4,647.40
  • GF Value™: $613.93 vs. price of $502.34 (18.2% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the 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.
81GF Score

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Order Backlog for Technology (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$502.34
Price
$613.93
GF Value