Axon Enterprise is a growth stock with potential in body camera market

From Nasdaq: 2025-02-25 04:35:00

Axon Enterprise (NASDAQ: AXON) is a growth holding with significant potential. The company is a market leader in various segments, including conducted-energy weapons and body cameras for law enforcement. Axon also offers software tools for managing video evidence and generating reports. Sales have been on the rise, and there is room for further growth, especially in the global body-worn camera market. Despite recent setbacks, Axon stock is down 25% from its high, presenting a buying opportunity. Analysts remain bullish on the stock, with a consensus price target of $659.17. This could be a second chance for investors to capitalize on a potentially lucrative opportunity.



Read more at Nasdaq: 3 Reasons to Buy Axon Stock Like There’s No Tomorrow