Market Movers

Axon Enterprise, Inc.’s Stock Price Soars to $750.36, Showcasing Impressive 2.75% Growth

Axon Enterprise, Inc. (AXON)

750.36 USD +20.07 (+2.75%) Volume: 1.12M

Discover the impressive performance of Axon Enterprise, Inc.’s stock price, currently standing at 750.36 USD, with a positive trading session change of +2.75%. With a trading volume of 1.12M and a year-to-date percentage increase of +26.26%, Axon’s stock continues to exhibit robust growth, offering potential opportunities for savvy investors.


Latest developments on Axon Enterprise, Inc.

Axon Enterprise, Inc (AXON) has been making headlines recently with its stock price movements. From CEO pay controversies to price target adjustments, the company has been in the spotlight. With analysts at TD Cowen raising the price target to $800 and Barclays giving a buy rating, investor sentiment seems positive. Despite reaching a new 1-year low, Axon Enterprise is still attracting attention on Wall Street. The recent rally in stock prices could be attributed to robust financials and investor optimism. Jim Cramer’s opinion on Axon Enterprise has also been a topic of discussion. As the company continues to navigate the market, all eyes are on how it will perform in the coming days.


A look at Axon Enterprise, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Axon Enterprise, the company seems to have a positive long-term outlook. With high scores in Growth and Momentum, it indicates that the company is expected to experience strong growth and have good momentum in the market. Additionally, Axon Enterprise scores well in Resilience, suggesting that it is well-equipped to withstand challenges and disruptions in the industry. However, the company scores lower in Value and Dividend, indicating that investors may need to consider these factors when evaluating the stock.

Axon Enterprise, Inc. is a public safety technology company that offers solutions for law enforcement, military, and self-defense. With a strong focus on growth and momentum, the company is positioned for future success. While the company may not be as attractive in terms of value and dividend payouts, its resilience in the market suggests that it is a solid long-term investment option for those looking to capitalize on the growth potential of the public safety sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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