Axon Enterprise Stock Today

AXON
 Stock
  

USD 115.75  1.59  1.39%   

Market Performance
8 of 100
Odds Of Distress
Less than 42
Axon Enterprise is selling for 115.75 as of the 1st of October 2022. This is a 1.39 percent up since the beginning of the trading day. The stock's open price was 114.16. Axon Enterprise has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Axon Enterprise are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2022 and ending today, the 1st of October 2022. Click here to learn more.
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. The company has 68.47 M outstanding shares of which 1.75 M shares are presently shorted by private and institutional investors with about 4.05 trading days to cover. More on Axon Enterprise

Moving together with Axon Enterprise

+0.79AAPLApple Inc Fiscal Year End 27th of October 2022 PairCorr

Moving against Axon Enterprise

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Axon Enterprise Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Axon Enterprise's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Axon Enterprise or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
About 74.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Bagley Brittany of 28378 shares of Axon Enterprise subject to Rule 16b-3
CEO, DirectorDavid Hung
Thematic IdeaAggressive Defence (view all)
Average Analyst Recommendation
Analysts covering Axon Enterprise report their recommendations after researching Axon Enterprise's financial statements, talking to executives and customers, or listening in on Axon Enterprise's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Axon Enterprise. The Axon Enterprise consensus assessment is calculated by taking the average forecast from all of the analysts covering Axon Enterprise.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Axon Enterprise's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Axon Enterprise (AXON) is traded on NASDAQ Exchange in USA and employs 2,148 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 7.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Axon Enterprise's market, we take the total number of its shares issued and multiply it by Axon Enterprise's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Axon Enterprise conducts business under null sector and is part of null industry. The entity has 68.47 M outstanding shares of which 1.75 M shares are presently shorted by private and institutional investors with about 4.05 trading days to cover. Axon Enterprise currently holds about 463.99 M in cash with 107.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.53.
Check Axon Enterprise Probability Of Bankruptcy
Ownership
Axon Enterprise holds a total of sixty-eight million four hundred seventy thousand outstanding shares. The majority of Axon Enterprise outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Axon Enterprise to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Axon Enterprise. Please pay attention to any change in the institutional holdings of Axon Enterprise as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Axon Enterprise Ownership Details

Axon Enterprise Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Axon Enterprise jumping above the current price in 90 days from now is about 40.19%. The Axon Enterprise probability density function shows the probability of Axon Enterprise stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5859. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Axon Enterprise will likely underperform. Additionally, the company has an alpha of 0.5115, implying that it can generate a 0.51 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 115.75HorizonTargetOdds Above 115.75
59.68%90 days
 115.75 
40.19%
Based on a normal probability distribution, the odds of Axon Enterprise to move above the current price in 90 days from now is about 40.19 (This Axon Enterprise probability density function shows the probability of Axon Enterprise Stock to fall within a particular range of prices over 90 days) .

Axon Enterprise Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Axon Enterprise that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Axon Enterprise's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Axon Enterprise's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares7.5 M702.5 M
Vanguard Group IncCommon Shares6.3 M587.4 M
View Axon Enterprise Diagnostics

Axon Enterprise Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Axon Enterprise market risk premium is the additional return an investor will receive from holding Axon Enterprise long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Axon Enterprise. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Axon Enterprise's alpha and beta are two of the key measurements used to evaluate Axon Enterprise's performance over the market, the standard measures of volatility play an important role as well.

Axon Enterprise Stock Against Markets

Picking the right benchmark for Axon Enterprise stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Axon Enterprise stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Axon Enterprise is critical whether you are bullish or bearish towards Axon Enterprise at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axon Enterprise without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Axon Enterprise Corporate Directors

Axon Enterprise corporate directors refer to members of an Axon Enterprise board of directors. The board of directors generally takes responsibility for the Axon Enterprise's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Axon Enterprise's board members must vote for the resolution. The Axon Enterprise board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ilan Oren - DirectorProfile
Patrick Machado - DirectorProfile
Lawrence Olanoff - DirectorProfile
Georgios Stamatakis - Director of Investor RelationsProfile

Invested in Axon Enterprise?

The danger of trading Axon Enterprise is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Axon Enterprise is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Axon Enterprise. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axon Enterprise is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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Is Axon Enterprise's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axon Enterprise. If investors know Axon Enterprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axon Enterprise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Axon Enterprise is measured differently than its book value, which is the value of Axon Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Axon Enterprise's value that differs from its market value or its book value, called intrinsic value, which is Axon Enterprise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axon Enterprise's market value can be influenced by many factors that don't directly affect Axon Enterprise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axon Enterprise's value and its price as these two are different measures arrived at by different means. Investors typically determine Axon Enterprise value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axon Enterprise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.