Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.

Axon Enterprise, Inc. (AXON)

Industrials Balanced

Axon Enterprise makes the Taser stun guns and body cameras used by police forces, alongside software that helps them manage all that digital evidence.

$527.76

Is Axon Enterprise, Inc. a good stock for a UK beginner?

The honest version: Axon Enterprise makes the Taser stun guns and body cameras used by police forces, alongside software that helps them manage all that digital evidence.

No rating · no target price · nothing for sale here
Price+76.1%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-30% past year
$527.76
Low $339.01High $885.92
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Axon Enterprise, Inc.
$1,761+76%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$42.54B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.12M
Day range: The lowest and highest price the shares traded at during the latest day.
$514.76 – $530.97
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$339.01 – $885.92
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
212.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.38
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.38
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -0% past week · ▼ -30% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Axon becomes the standard operating system for global law enforcement.

The bear case

Regulatory hurdles or legal challenges to their technology.

What does Axon Enterprise, Inc. do?

Axon has moved from just selling hardware like Tasers and body-worn cameras to providing a cloud-based software platform where police departments store and analyse their footage. Income comes from selling the devices upfront and then charging ongoing subscription fees for the software that keeps the data secure. A lot rides on how successfully they can move existing customers over to their more expensive, all-in-one software packages.

VQGMI
Factor profile

On our factor screen it looks strongest on growth and quality, and weakest on value.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 6Quality: How profitable and financially healthy the company is (higher = stronger). 47Growth: How fast revenue and earnings are growing (higher = faster). 86Momentum: How the share price has been trending recently (higher = stronger recent run). 43Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Growth screens high (86/100)
  • Dominant position in the law enforcement technology market
  • High gross margins suggest a strong competitive advantage
  • Recurring revenue from software subscriptions provides stability
What to watch
  • Value screens low (6/100)
  • Income screens low (16/100)
  • Potential for legal or ethical scrutiny regarding surveillance technology
  • High share price volatility makes it sensitive to market mood swings
  • Dependence on a limited number of large government clients

What do Axon Enterprise, Inc.'s numbers mean?

P/E
227.0
This high number shows that investors are paying a premium today based on the expectation that the company will grow its profits significantly in the future.
Gross margin
59.5%
For every pound of sales, the company keeps nearly 60 pence after paying for the direct costs of making their products, which shows they have a strong grip on their manufacturing.
Revenue growth
33.7%
This measures how much faster the company's total sales are growing compared to the previous year, showing strong demand for their technology.
Beta
1.4
A beta above 1.0 means the share price tends to be more jumpy and volatile than the wider stock market.

How much money does Axon Enterprise, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$201.84M$403.67M$605.51M$807.35MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
59.5%
Net margin
6.9%
Return on equity
6.8%

Does Axon Enterprise, Inc. pay a dividend?

No - Axon Enterprise, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

More in Industrials

GE VernovaGlobal Payments Inc.Delta Air LinesVertiv Holdings CoHowmet Aerospace Inc.EMCOR Group, Inc.Southwest Airlines Co.Masco Corporation

What are the scenarios for Axon Enterprise, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$785$528$347today · $528▲ Bull · $594• Base · $528▼ Bear · $449in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +15%Stronger than expected adoption of new software features.
Base
-5% to +5%Steady demand for hardware replacements.
Bear
-10% to -20%Budget cuts in public sector spending.

What are the pros and cons of Axon Enterprise, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Dominant position in the law enforcement technology market
  • High gross margins suggest a strong competitive advantage
  • Recurring revenue from software subscriptions provides stability
The catch3
  • Very high valuation multiples compared to current earnings
  • No dividend payments for those looking for regular income
  • Heavy reliance on government budgets which can be unpredictable
Key risks3
  • Potential for legal or ethical scrutiny regarding surveillance technology
  • High share price volatility makes it sensitive to market mood swings
  • Dependence on a limited number of large government clients
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
Found this useful? The Almanac is free and ad-free - a coffee keeps it that way.Support →

Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.