Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Its products include axon officer safety plan; taser 10, taser7, taser X26P, taser X2, taser 7 CQ, and civilian series; cameras, such as axon body, axon flex, axon fleet, axon air, axon signal sidearm, axon signal vehicle, axon interview, and axon interview portable kit; software, including axon records, evidence, standards, commander, performance, auto-transcribe, justice, investigate, respond, and justice, my90, and redaction assistant; mobile applications, and training services, as well as hardware extended warranties; and Axon docks, cartridges, and batteries. The company sells its products through its direct sales, distribution partners, online store, and third-party resellers. Axon Enterprise, Inc. has a strategic partnership with Fusus, Inc. to expand bility to aggregate live video, data, and sensor feeds. It serves law enforcement, federal, correction, fire, EMS, campus, justice healthcare, retail, private security, and personal safety industries. 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 | |
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P/E Ratio | 183.7x | 30.4x | 12.8x | |
PEG Ratio | 31.11 | 0.05 | 0.03 | |
Price/Book | 21.9x | 2.7x | 1.4x | |
Price / LTM Sales | 25.1x | 4.2x | 1.2x | |
Upside (Analyst Target) | 16.8% | 32.1% | 15.4% | |
Fair Value Upside | Unlock | 0.3% | 5.4% | Unlock |