Axon Enterprise stock has seen significant growth, investing in new products and technology advancements.
From Yahoo Finance: 2025-04-19 14:00:00
Axon Enterprise (NASDAQ: AXON) has seen an incredible 2,000% growth in the last decade. Despite this, the company is not slowing down, investing in new products, expanding its software business, and securing contracts with the private sector. Additionally, Axon is advancing in technology, developing generative AI and time-saving products for law enforcement.
Looking ahead, Axon’s management predicts a 25% revenue increase in 2025, with adjusted EBITDA expected to be between $640 million to $670 million. The stock, trading at 68 times the midpoint of forward EBITDA estimates, remains resistant to economic uncertainty due to its public sector focus and domestic manufacturing.
With the stock currently down 20% from its peak, it presents an attractive buying opportunity. While Axon wasn’t included in the Motley Fool’s recent list of 10 best stocks, past recommendations like Netflix and Nvidia have yielded significant returns. Stock Advisor’s total average return is 792%, far surpassing the S&P 500.
Read more at Yahoo Finance: Think It’s Too Late to Buy Axon Enterprise Stock? Here’s Why There’s Still Time.