Axon Enterprise, Inc. saw its stock surge approximately 30% following a robust Q4 earnings report, where it exceeded expectations with $796.72 million in revenue and an EPS of $2.15, reflecting a year-over-year revenue increase of 38.5%. The company also introduced three new AI-powered public safety tools designed to enhance decision-making capabilities for agencies. Despite not being among the 40 most popular stocks with hedge funds, with 68 portfolios holding shares, Axon is positioning for significant growth, projecting revenues of $6 billion by 2029.
“AXON · was trading at · $404.92 · as of April 21st”
“AXON · had trailing P/E · 267.38”
“AXON · had forward P/E · 54.05”
“Axon Enterprise, Inc. · provides · public safety technology solutions · in the United States and internationally”
“AXON · beat expectations on · both revenue and EPS · in Q4 performance”
“AXON · indicated · ~30% stock appreciation · post-earnings”
“Axon Enterprise, Inc. · is not on · the list of the 40 Most Popular Stocks Among Hedge Funds”
“68 hedge fund portfolios · held · AXON · at the end of the fourth quarter”
“Portfolio count for AXON · was · 61 · in the previous quarter”
“Axon Enterprise (AXON) · is watched by · Zacks.com visitors · lately”
“Axon · has returned · -4.3% · over the past month”
“Axon · is expected to post earnings · $1.66 per share · for the current quarter”