Axon Enterprise (AXON) closed at $443.98, up 1.35% from the previous session, outperforming the S&P 500. The stock has seen a 11.38% increase over the last month, exceeding sector and index gains. Analysts predict an EPS of $1.21 and revenue of $526.43 million, with estimates indicating growth for the fiscal year.

Investors should monitor any analyst revisions for Axon Enterprise, which can indicate changing business trends and profitability outlook. The Zacks Rank system integrates these changes and has a track record of exceeding expectations. Currently ranked at #3 (Hold), the stock has a Forward P/E ratio of 89.27, higher than the industry average.

A new top chip stock recommended by Zacks Investment Research is positioned for growth in Artificial Intelligence, Machine Learning, and Internet of Things sectors. With global semiconductor manufacturing projected to increase from $452 billion to $803 billion by 2028, this stock has significant potential. Interested investors can access more information on Zacks.com.

Read more at Nasdaq: Axon Enterprise (AXON) Rises As Market Takes a Dip: Key Facts