Axon Enterprise, Inc.

NasdaqGS:AXON Stock Report

Market Cap: US$28.2b

Axon Enterprise Future Growth

Future criteria checks 6/6

Axon Enterprise is forecast to grow earnings and revenue by 46.9% and 24.5% per annum respectively. EPS is expected to grow by 43.7% per annum. Return on equity is forecast to be 22.8% in 3 years.

Key information

46.9%

Earnings growth rate

43.66%

EPS growth rate

Aerospace & Defense earnings growth16.8%
Revenue growth rate24.5%
Future return on equity22.76%
Analyst coverage

Good

Last updated08 Apr 2026

Recent future growth updates

Recent updates

From Tasers to SaaS: Axon’s Quiet Platform Transformation

One company I find particularly interesting is Axon Enterprise. Many investors still associate the company primarily with TASER devices, but I think the more compelling part of the story is how Axon has quietly transformed itself into a software and data platform for public safety.

Axon Earnings: The Panic Ends

Feb 25

The Public Safety Monopoly: Buying the Dip on Valuation Gravity?

As of late February 2026, Axon Enterprise (AXON) is experiencing a sharp narrative shift. After hitting all-time highs earlier in the year, the stock has pulled back nearly 35% to the $433 range.

Axon Enterprise, Inc. (NASDAQ:AXON) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

Feb 11
Axon Enterprise, Inc. (NASDAQ:AXON) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

If EPS Growth Is Important To You, Axon Enterprise (NASDAQ:AXON) Presents An Opportunity

Jul 15
If EPS Growth Is Important To You, Axon Enterprise (NASDAQ:AXON) Presents An Opportunity

Axon Enterprise's (NASDAQ:AXON) Returns On Capital Are Heading Higher

Jul 02
Axon Enterprise's (NASDAQ:AXON) Returns On Capital Are Heading Higher

Axon Enterprise (NASDAQ:AXON) Has A Pretty Healthy Balance Sheet

Jun 18
Axon Enterprise (NASDAQ:AXON) Has A Pretty Healthy Balance Sheet

Why Axon Enterprise's (NASDAQ:AXON) Healthy Earnings Aren’t As Good As They Seem

May 14
Why Axon Enterprise's (NASDAQ:AXON) Healthy Earnings Aren’t As Good As They Seem

Axon Enterprise: Strong Moat And Long Term Growth Support Hold, Despite High Valuation

Apr 20

Axon Is Building God's Eye

Mar 29

Axon Enterprise: A Market Leader With Robust Growth Potential, But Still Overvalued

Mar 12

Axon Enterprise: Long-Term Potential And Key Risks For Investors

Mar 05

Axon Enterprise: A Buy Due To International Opportunities Plus Continued Revenue Growth

Feb 06

Axon Enterprise: Capitalizing On Strong Core Business And Innovative Drone Opportunities

Dec 31

Axon Enterprise: Great Business, Excessive Valuation

Dec 24

Axon Enterprise: One Of My Best Calls Ever Is Now A Nasdaq-100 Stock

Dec 17

Axon Enterprise: AI Upside Negated By Full Valuation

Nov 16

Earnings and Revenue Growth Forecasts

NasdaqGS:AXON - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20286,0465729671,2418
12/31/20274,63336372890117
12/31/20263,58916545848117
12/31/20252,78012575211N/A
9/30/20252,558257145244N/A
6/30/20252,392326176276N/A
3/31/20252,226332363450N/A
12/31/20242,083377330408N/A
9/30/20241,938299220298N/A
6/30/20241,806293204270N/A
3/31/20241,678264162230N/A
12/31/20231,561176130189N/A
9/30/20231,466148133180N/A
6/30/20231,36699110158N/A
3/31/20231,27713787135N/A
12/31/20221,187147180235N/A
9/30/20221,07110459117N/A
6/30/20229921413793N/A
3/31/20229254351108N/A
12/31/2021863-6074124N/A
9/30/2021872-21103146N/A
6/30/2021806-7051141N/A
3/31/2021729-54586N/A
12/31/2020681-2-3438N/A
9/30/2020627-40-2050N/A
6/30/2020591-334561N/A
3/31/2020562-18093N/A
12/31/201953114966N/A
9/30/201947415N/A51N/A
6/30/201944815N/A45N/A
3/31/201943523N/A32N/A
12/31/201842029N/A64N/A
9/30/201840025N/A57N/A
6/30/201838520N/A47N/A
3/31/201836614N/A43N/A
12/31/20173445N/A18N/A
9/30/201733114N/A-10N/A
6/30/201731317N/A-5N/A
3/31/201729218N/A4N/A
12/31/201626817N/A21N/A
9/30/201624216N/A38N/A
6/30/201622114N/A46N/A
3/31/201620916N/A41N/A
12/31/201519820N/A46N/A
9/30/201518920N/A43N/A
6/30/201518326N/A40N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXON's forecast earnings growth (46.9% per year) is above the savings rate (3.4%).

Earnings vs Market: AXON's earnings (46.9% per year) are forecast to grow faster than the US market (15.6% per year).

High Growth Earnings: AXON's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AXON's revenue (24.5% per year) is forecast to grow faster than the US market (10.6% per year).

High Growth Revenue: AXON's revenue (24.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AXON's Return on Equity is forecast to be high in 3 years time (22.8%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/10 16:22
End of Day Share Price 2026/04/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Axon Enterprise, Inc. is covered by 28 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Timothy LongBarclays
Jordan LyonnaisBofA Global Research