
Axon Enterprise (AXON) Stock Forecast & Price Target
Axon Enterprise (AXON) Analyst Ratings
Bulls say
Axon Enterprise Inc. has demonstrated significant financial growth, with operating cash flows increasing by $110.1 million year-over-year to $250.2 million and free cash flow rising by $109.3 million to $225.4 million. The total contracted backlog surged by $2.4 billion quarter-over-quarter to reach $10.1 billion, indicating solid future revenue potential, particularly in the Software and Sensors segment. Furthermore, the company’s total addressable market (TAM) has expanded to $129 billion, reflecting increased opportunities from recent acquisitions and enhancing confidence in future revenue growth.
Bears say
Axon Enterprise Inc. has faced significant challenges, including a remediation plan addressing a revenue decrease of $3.3 million and net income reduction of $2.3 million in fiscal Q4 2024, alongside similar adjustments for prior years, indicating potential issues with revenue recognition. Flat net revenue retention at 123% suggests stagnation in revenue growth, particularly as the bear scenario estimates annual growth could decline to 20% or lower, further compounded by ongoing global supply chain constraints that threaten operational stability. Additionally, the risk of new TASER products performing poorly or the emergence of alternative weapons could erode market share, exacerbating pricing pressures and impacting long-term profitability expectations.
This aggregate rating is based on analysts' research of Axon Enterprise and is not a guaranteed prediction by Public.com or investment advice.
Axon Enterprise (AXON) Analyst Forecast & Price Prediction
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