Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment also offers Axon Evidence, Draft One, Axon Records, Axon Standards, Axon Fusus, Axon Assistant, and others. The Connected Devices segment engages in the development, manufacture, and sale of integrated hardware solutions, such as conducted energy devices under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, accessories, extended warranties, and related hardware products, as well as virtual reality training hardware. The company serves first responders across international, federal, state, and local governments, international governmental entities, commercial enterprises, and consumers through direct sales, distribution partners, and third-party resellers. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.
Market Dominance | Explore Axon's commanding position in law enforcement technology, driving consistent revenue growth and operational efficiency in a $129 billion addressable market |
AI-Driven Future | Delve into Axon's strategic AI initiatives, including the AI Era Plan and Draft One software, poised to revolutionize public safety and drive long-term value creation |
Valuation Scrutiny | Analysts maintain a strong buy consensus with an average price target of $701, despite concerns over Axon's premium valuation and P/E ratio of 168.24x |
Expanding Horizons | Discover Axon's ventures beyond law enforcement, including promising trials with Walmart, potentially unlocking a $2 billion annual revenue opportunity in retail alone |
Metrics to compare | AXON | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAXONPeersSector | |
|---|---|---|---|---|
P/E Ratio | 368.7x | 53.2x | 13.0x | |
PEG Ratio | −5.09 | 1.05 | 0.03 | |
Price/Book | 14.2x | 6.3x | 1.4x | |
Price / LTM Sales | 16.5x | 3.4x | 1.3x | |
Upside (Analyst Target) | 34.1% | 22.7% | 14.6% | |
Fair Value Upside | Unlock | −15.5% | 4.1% | Unlock |