AXON (Axon Enterprise) Momentum Rank : 6 (As of Apr. 23, 2025)

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What is Axon Enterprise Momentum Rank?

Axon Enterprise has the Momentum Rank of 6.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Axon Enterprise's Momentum Rank

For the Aerospace & Defense subindustry, Axon Enterprise's Momentum Rank, along with its competitors' market caps and Momentum Rank 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's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Momentum Rank falls into.

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Axon Enterprise Momentum Rank Related Terms

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Axon Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (NAS:AXON) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AXON:Mexico 0HKE:UK TCS:Germany TCS:Germany

Address

17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website

https://www.axon.com

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, productivity and real-time operations software, body cameras, in-car cameras, TASER energy devices, drones and robotic security, and training solutions. The company's operation comprises of two operating segments, Software and Sensors, and TASER. The company generates the majority of its revenue from the Software and Sensors segment, which is engaged in developing, manufacturing, and selling fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

Executives

Jeri Williams	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Caitlin Elizabeth Kalinowski	director	17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Jeffrey C Kunins	officer: Chief Product Officer	17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Joshua Isner	officer: EVP Global Sales	17800 N 85TH ST, SCOTTSDALE AZ 85255
Michael Garnreiter	director	6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Julie A Cullivan	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Brittany Bagley	officer: CFO & CBO	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Matthew R Mcbrady	director
Patrick W Smith	director, officer: Chief Executive Officer	7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Hadi Partovi	director	9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini	director	1241 E MAIN ST, STAMFORD CT 06902-3520
Graham Smith	director	301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll	director	PO BOX 23, CRYSTAL BAY MN 55323
Luke Larson	officer: Chief Marketing Officer	17800 N 85TH ST, SCOTTSDALE AZ 85255
James Zito	officer: Chief Financial Officer	17800 N 85TH ST, SCOTTSDALE AZ 85255