Axon Enterprise Inc (NASDAQ:AXON) shares, rose in value on Friday, February 14, with price up by 2.81% to the previous day’s close as strong demand from buyers drove the stock to $683.41.
Actively observing the price movement in the last trading, the stock closed the session at $664.70, falling within a range of $648.85 and $686.08. The value of beta (5-year monthly) was 1.046 whereas the PE ratio was 176.98 over 12-month period. Referring to stock’s 52-week performance, its high was $698.67, and the low was $260.27. On the whole, AXON has fluctuated by 17.83% over the past month.
With the market capitalization of Axon Enterprise Inc currently standing at about $52.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.07B, with a low estimate of 562.36M and a high estimate of 576.42M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 566.19M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AXON’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 7.54, with the price of AXON currently trading nearly 5.65% and 8.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.44, while the 7-day volatility ratio is showing 3.23% which for the 30-day chart, stands at 2.93%. Furthermore, Axon Enterprise Inc (AXON)’s beta value is 1.09, and its average true range (ATR) is 20.57.
A comparison of Axon Enterprise Inc (AXON) with its peers suggests the former has fared considerably weaker in the market. AXON showed an intraday change of 2.81% in last session, and over the past year, it grew by 158.43%%.
Data on historical trading for Axon Enterprise Inc (NASDAQ:AXON) indicates that the trading volumes over the past 10 days have averaged 0.54 and over the past 3 months, they’ve averaged 810.89K. According to company’s latest data on outstanding shares, there are 76.08 million shares outstanding.
Nearly 4.94% of Axon Enterprise Inc’s shares belong to company insiders and institutional investors own 80.41% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.42 million shares as on 2025-01-31, resulting in a short ratio of 4.27. According to the data, the short interest in Axon Enterprise Inc (AXON) stood at 431.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 2.57 million. The stock has risen by 14.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AXON stock heading into the next quarter.
