Axon Enterprise, Inc. (AXON) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
AXON price how computed
Forward Fair Value verdict
UndervaluedAXON is trading at a 10–25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $422.89
- Sector
- Industrials
- 12-month range
- $345.94–$759.44
- Market cap
- $34.4B
- From 52-week high
- -44.3%
- Shares outstanding
- 81.2M
- Rank in Industrials by discount to fair value
- #100 of 106
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Axon Enterprise, Inc. manufactures and sells law enforcement technology products, including body cameras, digital evidence management systems, and cloud-based software platforms designed to help police departments and other public safety agencies manage their operations and data. The company operates globally, serving customers across the United States and in international markets.
AXON currently ranks #100 of 106 Industrials stocks by discount to fair value. It has screened as Undervalued for 6 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $34.4B
- P/E (trailing)
- 77x
- Revenue (TTM)
- $3.22B
- Net margin
- 6.2%
- EPS (TTM)
- $5.50
- Gross margin
- 60.4%
- Debt / equity
- 0.50
- Revenue growth (3-yr avg)
- 39.6%
- Shares outstanding
- 81.2M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 29 · oversold
- 50-day average
- $502.70
- 200-day average
- $488.66
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-03
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+90.0%)
2026-03 ▲ beat (+0.6%)
2025-12 ▲ beat (+34.4%)
2025-09 ▼ miss (-24.0%)
2025-06 ▲ beat (+45.2%)
2025-03 ▲ beat (+10.2%)
2024-12 ▲ beat (+48.2%)
2024-09 ▲ beat (+20.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 18 buy · 3 hold · 0 sell (21 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $691
- Target vs last price
- +63.4%
What our data shows for AXON
- Our model validated 14 trailing price-to-earnings windows for AXON, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $345.94–$759.44.
- The 14-day relative strength index sits at an oversold 29.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for AXON
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent AXON news
TickrTrends' derived news-sentiment signal for AXON is currently leaning positive, computed from recent coverage.
- Axon Enterprise Inc (AXON) Shares Fall 6.5% -- What GF Score of 82 Tells Investors (gurufocus.com, 2026-10-16)
TickrTrends take: Axon Enterprise shares experienced a recent decline, which occurs within a broader context where TickrTrends currently identifies the stock as undervalued for the Industrials sector. The company's GF Score of 82 suggests solid fundamental quality by one analytical framework, though valuation-focused investors should monitor whether further price weakness creates additional margin of safety or if operational metrics begin to deteriorate. For those tracking this stock, the combination of recent weakness and an undervalued designation warrants attention to upcoming earnings reports and guidance to clarify whether current prices reflect genuine opportunity or warrant caution. - Axon (AXON) Secures Major Federal Contracts for Body Cameras, Drone Security, and Tasers (gurufocus.com, 2026-10-15)
TickrTrends take: Axon's new federal contracts for body cameras, drone security, and tasers represent significant revenue diversification across multiple product lines within its core law enforcement and public safety markets. Given TickrTrends' undervalued assessment, investors tracking this stock should monitor whether these contract wins translate into margin expansion and recurring revenue streams, particularly as the company scales its drone and security technology offerings. The magnitude and duration of these federal agreements will be key indicators for determining whether the current valuation discount appropriately reflects the company's growth trajectory in government procurement channels. - Axon Enterprise, Inc (AXON) is Attracting Investor Attention: Here is What You Should Know (zacks.com, 2026-10-14)
TickrTrends take: Axon Enterprise operates in the Industrials sector and currently trades at a valuation that TickrTrends identifies as undervalued, suggesting the market may not be fully pricing in the company's prospects. The recent surge in investor attention toward AXON creates an opportunity for valuation-conscious investors to monitor whether the stock's valuation multiple expands as broader market interest grows. A key consideration is whether increased investor focus will lead to a repricing that narrows the current undervaluation gap or whether fundamental developments will need to sustain investor interest at higher valuations.
More AXON news
- Jim Cramer Spots a Complication in the AXON Story (insidermonkey.com, 2026-10-08)
- ETFs Are Net Sellers of Axon Enterprise (AXON) on Sept. 30 (gurufocus.com, 2026-10-02)
- Axon Enterprise (AXON) Leads Industrial Sector Decline in September 2026 (gurufocus.com, 2026-09-30)
What people are saying
Follow the AXON conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — AXON's Relative Strength Index moved into oversold territory this week, shifting from a neutral zone. The stock remains classified as undervalued based on current valuation metrics. This oversold condition in the RSI may suggest potential upward momentum ahead as the indicator reflects selling pressure.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — AXON's quality grade improved from C to B this week, reflecting positive movement in TickrTrends' derived quality metrics. The stock's RSI zone shifted from oversold to neutral territory, indicating reduced downward momentum. With a current valuation verdict of undervalued, these technical improvements suggest a stabilizing position within the Industrials sector.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — AXON, an Industrials sector company, has improved its valuation position this week according to TickrTrends' derived indicators. The company's sector discount rank improved from #46 to #40, and its valuation verdict shifted from Fairly valued to Undervalued.
- 2026-09-21 — AXON's relative strength index moved from the neutral zone into oversold territory this week, indicating that the stock has experienced selling pressure recently. The Industrials sector company remains fairly valued according to current valuation metrics.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is AXON stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), AXON is trading at a 10–25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is AXON's TickrTrends verdict?
AXON's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does AXON compare to other Industrials stocks?
AXON ranks #100 of 106 Industrials stocks in TickrTrends' coverage by discount to fair value.
Is AXON overbought or oversold?
AXON's 14-day RSI is in the oversold zone on TickrTrends' latest weekly data.
When does AXON report earnings next?
AXON's next earnings report is scheduled for 2026-11-03, per the published earnings calendar.
Does AXON usually beat earnings estimates?
Over its last 8 reported quarters AXON beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about AXON?
Of 21 analysts covering AXON, 18 rate it a buy, 3 a hold and 0 a sell - buy-leaning, with a consensus price target of $691 (+63.4% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
More in Industrials
Head-to-head comparisons
AXON vs AOS · AXON vs CARR · AXON vs CTAS · AXON vs GNRC · AXON vs HII