AXON

Axon Enterprise
D

AXON

Arincen51/100B

Axon Enterprise stock forecast 2026–2030

Analysts' average 12-month price target for Axon Enterprise is 612.56, 101.8% above the current price of 303.62. Their targets range from 500.00 to 715.00.

Of the 11 firms that rated Axon Enterprise in the past 12 months, 10 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.

12-month price target
612.56 USD
+101.75%

Analysts' 1-year price targets range from 500.00 to 715.00, with an average of 612.56.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
11 ratings
Buy
10
Hold
1
Sell
0

12-month price target

Highest target715.00
Average target612.56
Lowest target500.00
Current price303.62

Axon Enterprise price target history

Have analysts recently raised or lowered their Axon Enterprise price target and rating?

See how analysts moved their price target

How analysts rate Axon Enterprise, month by month

10 of 11 firms rate it buy now, against 12 of 13 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 2026101011
Oct 2026101011
Sept 2026101011
Aug 2026101011
Jul 2026141015
Jun 2026141015
May 2026141015
Apr 2026141015
Mar 2026121013
Feb 2026121013
Jan 2026121013
Dec 2025121013

Axon Enterprise analyst upgrades, downgrades and price targets

DateFirmRatingPrice targetChangePrice then
6 Nov 2026
Northland Securities
Michael Latimore
—540.00—312.66
6 Nov 2026
RBC Capital
David Paige
Reiterated · Outperform735.00 → 615.00-16.3%316.64

Axon Enterprise EPS and revenue estimates

Analysts expect Axon Enterprise's EPS to grow 103.0% a year until 2028.

Analysts expect Axon Enterprise's revenue to grow 27.9% a year until 2028, slower than over the last 5 years (32.5% a year) and the last 3 years (32.7%).

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 12.64+33.9%8.85 – 14.18 5.81B+26.2%5.42B – 6.19B4
FY2027 (est.) 9.44+31.3%7.06 – 11.01 4.60B+26.9%4.42B – 4.72B12
FY2026 (est.) 7.19+5.0%5.65 – 8.04 3.63B+30.5%3.61B – 3.64B11
FY2025 6.85+16.5%— 2.78B+33.4%——
FY2024 5.88+42.4%— 2.08B+33.3%——
FY2023 4.13+88.6%— 1.56B+31.4%——
FY2022 2.19—— 1.19B———

Does Axon Enterprise beat earnings estimates?

On average, analysts' EPS estimate was 22.4% off the result, either way, and their revenue estimate 3.4%, over the last 12 quarters.

EPS beats
57 / 79
Revenue beats
22 / 24
Average EPS surprise, last 12
+17.1%
Since
February 2004
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY20265 Nov 20261.891.72-9.0%934.33M908.55M-2.8%
Q2 FY20265 Aug 20261.841.88+2.2%876.42M904.39M+3.2%
Q1 FY20266 May 20261.601.61+0.6%780.66M807.35M+3.4%
Q4 FY202524 Feb 20261.602.15+34.4%755.56M796.72M+5.4%
Q3 FY20254 Nov 20251.521.17-23.0%704.84M710.64M+0.8%
Q2 FY20254 Aug 20251.452.12+46.2%641.02M668.54M+4.3%
Q1 FY20257 May 20251.271.41+11.0%586.39M603.63M+2.9%
Q4 FY202425 Feb 20251.372.08+51.8%566.01M575.15M+1.6%
Q3 FY20247 Nov 20241.201.45+20.8%525.34M544.27M+3.6%
Q2 FY20246 Aug 20241.021.20+17.6%478.35M504.10M+5.4%
Q1 FY20246 May 20240.951.15+21.7%441.56M460.74M+4.3%
Q4 FY202327 Feb 20240.861.12+30.2%420.95M432.14M+2.7%

Axon Enterprise stock price 2026–2030: scenarios

If Axon Enterprise's earnings grow at the 22.6% a year analysts expect to FY2028, then 15.0% a year, it would earn about 16.71 a share in FY2030. At the P/E of similar companies (Aerospace & Defense, 26.6 to 41.0) that is 445.29 to 684.93 a share, or 546.12 at their average P/E of 32.7. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 7.19191.54234.92294.63
FY2027 9.44251.53308.49386.90
FY2028 12.64336.70412.94517.91
FY2029 (extrapolated)14.53387.21474.89595.59
FY2030 (extrapolated)16.71445.29546.12684.93

Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Its own P/E has been above 60, or from losses, too often in the last five years, so bear, base and bull apply the lowest, average and highest P/E of similar companies (Aerospace & Defense: 26.6, 32.7, 41.0), those up to 60.

Is Axon Enterprise stock undervalued or overvalued?

Axon Enterprise's P/E of 94.6 is near the bottom of its 5-year range (54.8 to 359.4, median 154.0). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Fair value is not a reliable guide for Axon Enterprise: it made a loss in FY2021, so its usual P/E says little about what it is worth. Its forward P/E, on the consensus for FY2026, is 42.2.

Price to earnings ratio (TTM)
94.59
Five-year median P/E
153.97
Five-year P/E range
54.8 – 359.4
Forward P/E (FY2026)
42.23
PEG ratio
4.18
To the average target
+101.8%
See the full P/E history check Plus

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Common questions about the Axon Enterprise stock forecast