AXON

SCOTTSDALE, Ariz., Oct. 22, 2026 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced that it will report third quarter 2026 financial results after the market closes on November 5, 2026. Axon will host a live Zoom video webinar to discuss the company's financial results at 5:00 p.m. ET that same day. The live webinar to discuss financial results, followed by Q&A, will be linked from Axon's investor relations website at https://investor.axon.com. An archived replay will be available after the call ends. Upcoming Conference Participation The Company also announced that Axon will participate in the following upcoming conferences. If applicable, events will be webcast live and archived on Axon's investor relations website at https://investor.axon.com. - 2026 Deutsche Bank's Global Space and Defense Tech Summit - November 17 - 2026 RBC Capital Markets Global TIMT Conference - November 18 - 7th Annual Needham Virtual Tech Week - November 19 - 2026 UBS Global Technology and AI Conference - December 2 - Nasdaq's 55th London Investor Conference - December 9 About Axon Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon's growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today's connected network of hardware - including cameras, drones, and robotics - cloud software, sensors, and AI-tools, the Axon Ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon's independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon's Responsible Innovation framework at Axon Responsibility. Non-Axon trademarks are the property of their respective owners. Axon, Axon Ecosystem, TASER, the Delta Logo and the Axon + Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved. Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information. CONTACT: Investor Relations Axon Enterprise, Inc. [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/axon-to-release-third-quarter-2026-earnings-on-november-5-2026-302917259.html

With a market cap of $45.6 billion, Axon Enterprise, Inc. (AXON) is a prominent public safety technology company that develops integrated hardware and software solutions for law enforcement agencies, government organizations, and private-sector customers. The Scottsdale, Arizona-based company's product portfolio includes TASER energy devices, body-worn and in-car cameras, cloud-based digital evidence management software, real-time operations platforms, drones, robotics, and AI-powered productivity tools. The company is expected to release its fiscal Q3 2026 results soon. Ahead of this event, analysts project AXON to report an EPS of $0.48, a 308.7% rise from a loss of $0.23 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in three of the last four quarters while missing on another occasion. - Intel vs. AMD: The CPU Comeback Has Become a 2-Stock Fight, But 1 Is the Better Buy - Micron Stock Alert: Elon Musk Just Made The Bull Case Even Stronger - What a New Nvidia-Backed AI Platform Means for Honeywell Stock - Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts forecast Axon Enterprise to post EPS of $2.12, up 69.6% from $1.25 in fiscal 2025. Moreover, EPS is projected to surge 121.2% year over year to $4.69 in fiscal 2027. www.barchart.com AXON stock has surged 41.1% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 15.5% return and the State Street Industrial Select Sector SPDR ETF's (XLI) 10.7% gain over the same period. Axon Enterprise has outpaced the broader market over the past year, thanks to its strong recurring revenue growth, robust sales prospects, and impressive long-term earnings growth. Its annual recurring revenue reached $1.64 billion in the latest quarter, with average year-over-year growth of 36.9% over the past two years, highlighting strong customer demand and greater revenue visibility. Additionally, analysts project revenue growth of 32.1% over the next 12 months, while its five-year annualized earnings per share growth stands at 26.6%, underscoring its ability to translate business expansion into profitability. Adding to the positive momentum, on Oct. 15, Axon announced new federal contract awards, highlighting growing adoption of its public safety technology. Federal agencies added more than 22,000 body-worn cameras and digital evidence management licenses, while the Department of Homeland Security selected Axon's Dedrone platform for counter-drone security. Additionally, the Department of Veterans Affairs added more than 1,600 TASER 10 devices for VA police officers, expanding Axon's presence across federal law enforcement and security operations. Analysts' consensus view on AXON stock is bullish, with an overall "Strong Buy" rating. Among 20 analysts covering the stock, 15 suggest a "Strong Buy," four give a "Moderate Buy," and one provides a "Hold" rating. The average analyst price target is $696.89, suggesting a robust potential upside of 78.6% from current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

Awards span across multiple agencies, supporting federal law enforcement, homeland security and veteran healthcare missions SCOTTSDALE, Ariz., Oct. 15, 2026 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced recent contract awards reflecting the growing adoption of its technology ecosystem across federal agencies. From enhancing operational transparency with body-worn cameras to safeguarding VA hospitals, and protecting our nation's airspace, federal entities are leveraging Axon's connected solutions to modernize operations and better serve officers, veterans, and communities nationwide. Recent Federal Highlights - Body-Worn Cameras and Digital Evidence Management: Federal agencies added over 22,000 Axon body-worn cameras and digital evidence management licenses, including translation tools this year. - Airspace Security with Counter-Drone Technology: Under an IDIQ contract, the Department of Homeland Security (DHS) chose Axon's Dedrone platform to deliver real-time airspace monitoring, drone identification, and threat mitigation for critical infrastructure protection. - TASER Devices for VA Police: The U.S. Department of Veterans Affairs (VA) added over 1,600 TASER 10 devices to begin equipping VA police officers protecting medical centers, veterans and healthcare staff. For more information: Axon: Secure Solutions for Federal Agencies About Axon Axon (Nasdaq: AXON) is the global leader in public safety technology, relentlessly innovating to protect more lives in more places. Founder-led since 1993, Axon began with a mission to reimagine conflict in law enforcement and has grown into a global company serving everyone who takes on the responsibility of public safety, enterprise security, and national security — from first responders and governments to companies, frontline workers, and communities. Our trusted network connects TASER energy devices, cameras and sensors including body, fixed and in-car cameras, drones and robotics, digital evidence and records management, real-time operations, immersive training, productivity tools, and AI-driven capabilities and insights. Designed to work seamlessly together, these solutions create a connected picture of safety that helps protect people and places with greater speed, clarity, and accountability. Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved. Responsible Innovation at Axon At Axon, innovation is inseparable from responsibility. We believe technology must serve humanity, and every product we build is designed to solve the real challenges our customers face in protecting their communities. That means developing solutions in close collaboration with the people who use them and grounding our work in transparency, fairness, accountability, and privacy. Our independent Ethics & Equity Advisory Council provides ongoing input and feedback that helps shape our approach, ensuring we remain thoughtful and aligned with community needs as technology evolves. Learn more at axon.com/responsibility. Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information. Media Contact: Kate MacKinnon Vice President, Communications [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/axon-reports-significant-momentum-across-federal-sector-as-us-government-fiscal-year-closes-302909135.html

- Current Price: $422.89 - Target Price (Mid): ~$1,340 - Street Target: ~$697 - Potential Total Return: ~216% - Annualized IRR: ~31% / year For its CFO's forecast to hold, Axon Enterprise (AXON) needs Q4 2026 revenue of about $1.078 billion. Analysts model around $1.06 billion. At a Goldman Sachs conference on September 8, Chief Financial Officer and Chief Operating Officer Brittany Bagley said Q4 should be the "highest growth quarter for the year." That means beating the 35.28% growth Axon reported for Q2 in its investor relations materials. Shares closed at $422.89 on October 9, down from $717.64 on September 30, 2025. That stretch included a 14.28% one-day drop after Q2 results and a $1 billion convertible note offering announced September 15. Over the same period, the consensus FY2027 revenue estimate rose about 14%. The analyst count also grew from 11 to 19, and Axon spent $549.7 million on acquisitions in Q1 2026. Bagley said the year "tends to be more heavily weighted to Q4 than to Q3." 2025 fit that shape, with Q4 2025 revenue up 39% after a little over 30% in Q3. If Q3 2026 lands at the roughly $940 million consensus, the top of the 32% to 34% full-year range implies Q4 revenue of about $1.073 billion. That is around 34.7% growth, just short of Q2's pace. That leaves two paths for Bagley to be right. Axon beats its own range, or Q3 comes in below consensus and Q4 carries more of the year. The second path carries risk, because a Q3 under $940 million could read as a miss even with the full-year plan intact. Five-year normalized bookings grew more than 30% in Q2. Gross bookings rose 20%, against a prior-year period that had grown 50%. Bagley put Axon at about 15% penetration of its state and local market. She also said Axon accounts for 1% to 5% of a police department's budget, depending on the department. Recent wins are steady but small on their own. On October 8, Axon named four state corrections agencies, including New York and Maryland, that are expanding body camera, TASER and AI deployments. It disclosed no contract values. On October 5, Lakeland, Florida's city commission voted 7-0 for a ten-year, roughly $22 million agreement that replaces its 2021 Axon contract and adds drones. Bagley's Q4 case rests on year-end approvals, which she called "a real impetus for our customers to get through City Council." - Current Price: $422.89 - Target Price (Mid): ~$1,340 - Potential Total Return: ~216% - Annualized IRR: ~31% / year The TIKR mid case targets about $1,340 per share by December 31, 2030, roughly 216% above $422.89. Its mid-case assumptions call for annual revenue growth around 23%, a net income margin near 19%, and a P/E that shrinks about 6% a year. That means the return does not rely on a re-rating. The Street's mean target of ~$697 sits about 65% above the current price. Bagley said Axon will review 2027 pricing "in the next couple of months," which affects the model's later years, not Q4. The main risk is timing, since council delays can push revenue into 2027. On the upside, a Q4 above Q2's pace would make ~23% growth look conservative. On the downside, growth slowing toward the low case's ~21% while the multiple keeps falling would cut the return well below the mid case. IACP, October 24 to 27, comes first. Bagley said it is "usually where Rick likes to talk about some of the cool new things," referring to founder and CEO Rick Smith. Axon reported Q3 2025 on November 4, 2025. As of October 11, it had not announced a 2026 date. Q3 revenue below $940 million with full-year guidance reaffirmed would fit Bagley's plan, and Q4 revenue above $1.078 billion would confirm it. TIKR lets you forecast the future price of any stock in less than a minute. Just enter a few assumptions into TIKR's valuation model and see what Axon Enterprise could be worth. Start from Wall Street consensus estimates, or adjust the inputs to reflect your own view of the business. It's free to use. Analyze Axon Enterprise on TIKR Free →

It has been about a month since the last earnings report for Axon Enterprise (AXON). Shares have added about 3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Axon due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. Axon reported second-quarter 2026 adjusted earnings of $1.88 per share, down 13.8% year over year. The figure missed the Zacks Consensus Estimate of $1.89 by 0.5%.Total revenues were $904.4 million, up 35.3% year over year and ahead of the consensus estimate of $868.4 million by 4.2%. Effective first-quarter 2025, Axon realigned its business segments. The company now reports results under two segments, namely Connected Devices and Software & Services.Connected Devices: The segment’s revenues increased 34.6% year over year to $506.6 million, driven by strong demand for Dedrone, TASER 10 and Axon Body 4. The adjusted gross margin expanded to 53.4% from 51.1% in the year-ago quarter, primarily aided by tariff refunds, partly offset by a higher mix of Dedrone revenues.Software & Services: The segment’s revenues rose 36.2% year over year to $397.8 million, supported by new users and increased adoption of premium software offerings, including Axon Fusus, the AI Era Plan and Axon 911. However, the adjusted gross margin decreased to 75.1% from 78.9% in the prior-year quarter, reflecting a higher mix of professional services revenues and investments in newer offerings. Axon’s cost of sales increased 35.2% year over year to $357.9 million. Selling, general and administrative expenses were $291 million, while research and development expenses totaled $209 million.The adjusted gross margin decreased to 62.9% from 63.3% in the year-ago period. A higher mix of professional services revenues and the scaling of newer products more than offset the benefits from global tariff refunds. At the end of second-quarter 2026, Axon had cash and cash equivalents of $597.7 million compared with $1.20 billion at December 2025-end. Long-term lease liabilities totaled $101.7 million compared with $98.9 million at 2025-end.In the first six months of 2026, the company used net cash of $11.4 million in operating activities compared with $65.9 million used in the prior-year period. Adjusted free cash outflow was $54.8 million in the first six months of 2026 compared with $108 million in the prior-year period. Management raised its full-year revenue outlook to 32-34% annual growth, up from 30-32% expected earlier, while maintaining an adjusted EBITDA margin target of approximately 25.5%. The updated view reflects continued momentum across the company’s connected devices and software offerings.Axon also maintained its capital expenditure projection at $160-$190 million. It turns out, fresh estimates have trended downward during the past month. The consensus estimate has shifted 5.71% due to these changes. Currently, Axon has a subpar Growth Score of D, however its Momentum Score is doing a lot better with an A. However, the stock has a score of F on the value side, putting it in the bottom 20% quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Axon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axon Enterprise, Inc (AXON) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Axon (NASDAQ:AXON) and its peers. Emissions and automation are important in aerospace, so companies that boast advances in these areas can take market share. On the defense side, geopolitical tensions–whether it be Russia’s invasion of Ukraine or China’s aggression toward Taiwan–have highlighted the need for consistent or even elevated defense spending. As for challenges, demand for aerospace and defense products can ebb and flow with economic cycles and national defense budgets, which are unpredictable and particularly painful for companies with high fixed costs. The 31 aerospace and defense stocks we track reported a very strong Q2. As a group, revenues beat analysts’ consensus estimates by 2.3% while next quarter’s revenue guidance was 4.6% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8% since the latest earnings results. Providing body cameras and tasers for first responders, AXON (NASDAQ:AXON) develops technology solutions and weapons products for military, law enforcement, and civilians. Axon reported revenues of $904.4 million, up 35.3% year on year. This print exceeded analysts’ expectations by 3.3%. Overall, it was an exceptional quarter for the company with a solid beat of analysts’ ARR estimates and an impressive beat of analysts’ EBITDA estimates. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 14.6% since reporting and currently trades at $520.45. We think Axon is a good business, but is it a buy today? Read our full report here, it’s free. Building Nimitz-class aircraft carriers used in active service, Huntington Ingalls (NYSE:HII) develops marine vessels and their mission systems and maintenance services. Huntington Ingalls reported revenues of $3.42 billion, up 10.9% year on year, outperforming analysts’ expectations by 8.2%. The business had an incredible quarter with a beat of analysts’ EPS estimates. The market seems content with the results as the stock is up 4.2% since reporting. It currently trades at $292.19. Is now the time to buy Huntington Ingalls? Access our full analysis of the earnings results here, it’s free. Providing a one-stop shop that integrates multiple services and product offerings, AerSale (NASDAQ:ASLE) delivers full-service support to mid-life commercial aircraft. AerSale reported revenues of $70.93 million, down 33.9% year on year, falling short of analysts’ expectations by 12.7%. It was a disappointing quarter as it posted a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates. As expected, the stock is down 10.6% since the results and currently trades at $5.63. Read our full analysis of AerSale’s results here. Developing submarine detection systems for the U.S. Navy, Leonardo DRS (NASDAQ:DRS) is a provider of defense systems, electronics, and military support services. Leonardo DRS reported revenues of $913 million, up 10.1% year on year. This result surpassed analysts’ expectations by 0.9%. Overall, it was a very strong quarter as it also put up a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. The stock is down 18.8% since reporting and currently trades at $37.80. Read our full, actionable report on Leonardo DRS here, it’s free. Based in Jacksonville, Florida, Redwire (NYSE:RDW) is a provider of systems and components used in space infrastructure. Redwire reported revenues of $117.1 million, up 89.6% year on year. This number beat analysts’ expectations by 8.7%. It was a strong quarter as it also logged a solid beat of analysts’ EBITDA estimates and full-year revenue guidance slightly topping analysts’ expectations. Redwire scored the fastest revenue growth among its peers. The stock is down 4.7% since reporting and currently trades at $10.22. Read our full, actionable report on Redwire here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Axon Enterprise (NASDAQ:AXON) primarily generates revenue by manufacturing conducted energy devices under its signature brand and providing connected hardware alongside cloud-based digital evidence management software for domestic and international law enforcement agencies. While it finalized two nine-figure contracts with major municipalities and advanced its integration of radar technology into public safety drone systems, it reported an approximately 6% operating margin for the quarter ended June 30, 2026. Booking Holdings (NASDAQ:BKNG) primarily generates revenue by operating a global network of digital platforms that connect everyday consumers with travel service providers for online accommodation bookings, flight reservations, vehicle rentals, and restaurant dining arrangements. It faced ongoing regulatory scrutiny as a designated gatekeeper under European Union regulations and expanded software partnerships for its restaurant reservation platforms. At the same time, it recorded an operating margin of approximately 34% for the quarter ended June 30, 2026. Revenue here refers to the standardized income statement revenue line item, and evaluating this baseline metric provides everyday retail investors with an unfiltered view of the total sales volume flowing into the enterprise before any operating costs, administrative expenses, or taxes are deducted. Data source: Company filings. Data as of Aug. 21, 2026. These are completely different businesses operating at different scales. Still, the market is awarding a much higher price-to-earnings ratio for Axon Enterprise due to its industry leadership in supplying must-have technology for law enforcement. On the other hand, Booking trades at a lower valuation due to slower growth and a more competitive travel reservation market. Much of Axon's past revenue has come from selling hardware (e.g., TASER), but its software services are expanding rapidly. As cloud-based software services become a greater contributor to the top line, margins could expand. Booking could see much higher revenue as it expands its platform to include flights, car rentals, and other travel-related services. But it's unclear whether these add-on services will accelerate its revenue growth rate or merely extend its current trend. Investors should watch whether Booking can continue delivering stronger growth as it executes its "Connected Trip" strategy, or whether Axon can maintain high revenue growth and gradually narrow the gap with the travel reservation leader. Before you buy stock in Axon Enterprise, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Axon Enterprise wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $443,461!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,307,633!* That performance is why people listen. With a track record of beating the S&P 500 by nearly 5x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 26, 2026. John Ballard has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise and Booking Holdings. The Motley Fool has a disclosure policy. Axon Enterprise vs. Booking Holdings: Evaluating Absolute Scale and Sequential Volatility in Quarterly Revenue Trends was originally published by The Motley Fool

Axon Enterprise (NASDAQ:AXON) primarily generates revenue by manufacturing and selling conducted energy devices, on-officer body cameras, and cloud-based digital evidence management software to domestic and international law enforcement agencies. While securing the largest individual device order in its history and signing multiple eight-figure government contracts, it reported an operating margin of approximately 5% for the quarter ended June 30, 2026. Celsius (NASDAQ:CELH) mainly earns revenue by developing, marketing, and distributing sparkling functional energy drinks and liquid nutritional supplements directly to supermarkets, convenience stores, pharmacies, mass merchants, and various fitness channels globally. While initiating a major executive leadership realignment and navigating multiple legal investigations following a recent financial shortfall, it reported an operating profit margin of about 9% for the quarter ended June 30, 2026. Revenue here refers to the standardized income-statement revenue line item, and it remains a critically important foundational metric for individual investors. It measures how much money the business earns from gross sales of products or services before subtracting any overhead costs, operating expenses, or corporate taxes. Image source: The Motley Fool. Data source: Company filings. Data as of Aug. 17, 2026. Axon has shown greater consistency, while Celsius has benefited from acquisitions and growing product sales to scale revenue faster over the last eight quarters. From Q3 2024 through Q2 2026, Axon increased its revenue by 66%. Celsius's quarterly revenue increased 204% over that period. The market often rewards companies that demonstrate greater consistency in revenue and earnings. Axon currently trades at a price-to-earnings ratio of 250 compared to Celsius' 129. The company's consistent growth reflects the steady demand for its public safety products and software services, which inherently build recurring revenue into the business. On the other hand, Celsius is more exposed to shifting consumer preferences for its energy beverages. Celsius competes with many brands, making revenue forecasting more challenging. Axon is a leader in producing public safety hardware and software that it sells to law enforcement agencies. It serves a market that will continue to invest in these tools across strong or weak consumer spending trends, unlike Celsius. However, Celsius is benefiting from its partnership with PepsiCo, which gives the company a major leg up in distribution -- an important advantage for any consumer brand. It still has tremendous opportunities to grow over time, especially through new products or international expansion. Will Axon's steadier demand continue to drive higher revenue, or will Celsius be able to reaccelerate growth and pull ahead? Investors should monitor upcoming quarterly earnings reports from these companies to see how this plays out. Before you buy stock in Axon Enterprise, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Axon Enterprise wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $432,621!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,314!* That performance is why people listen. With a track record of beating the S&P 500 by nearly 5x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 21, 2026. John Ballard has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool recommends Celsius Holdings. The Motley Fool has a disclosure policy. Axon Enterprise vs. Celsius: Comparing Steady Incremental Gains and Historical Volatility in Quarterly Revenue Trends was originally published by The Motley Fool

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. AppLovin stock has fallen sharply in the short term while still showing a very large gain over three years, and the current valuation checks point to neither a clear bargain nor a clear premium. AppLovin has delivered roughly 7x over the past three years, which means many holders are now sitting on sizeable gains even after the recent pullback. Investor expectations for continued growth from the AXON advertising engine can support the current price, while recent revenue shortfalls and analyst downgrades highlight the risk that future growth may fall short of earlier hopes. On Simply Wall St's broader valuation framework, AppLovin scores 4 out of 6 checks, which points to a mixed picture rather than an obviously cheap or clearly expensive stock. The stock's next move may depend on whether recent concerns about growth durability justify a lower valuation or whether the long term earnings potential of AppLovin still supports today's price. Find out why AppLovin's -28.1% return over the last year is lagging behind its peers. The P/E ratio is a useful way to look at AppLovin because the company is currently profitable and widely covered by analysts. Right now AppLovin trades on about 23.9x earnings, which is very close to the broader media industry average of roughly 23.5x. That puts the stock in line with the sector rather than clearly cheap or expensive on a simple sector comparison. Simply Wall St's fair P/E for AppLovin is around 35.3x, based on its growth profile, margins, size and risk factors. This is well above the current multiple. That gap and the large premium to the peer group average of about 50.4x suggest the market is pricing AppLovin below what this framework would expect for its earnings power. Despite the recent downgrades and growth concerns after the revenue miss and guidance update, the P/E still screens as supportive rather than stretched. On the P/E multiple, AppLovin stock currently looks undervalued relative to the earnings level implied by this model. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for AppLovin pick up where this valuation puzzle leaves off by spelling out which future paths for growth, margins and earnings would line up with a much higher or much lower share price than today. Each one sets out a fair value as a clear thesis about AppLovin's business that you can revisit over time to see how well it fits what actually happens, and they sit on the stock's Community page. One of the top community narratives on AppLovin: 51% undervalued Read one of the top narratives on AppLovin Do you think there's more to the story for AppLovin? Head over to our Community to see what others are saying! AppLovin screens as undervalued on the current P/E based framework, although the broader checks are mixed rather than overwhelmingly supportive. The sharp recent move in the share price means sentiment and expectations around the AXON engine now do a lot of the heavy lifting in the valuation. For you as an investor, the key question is whether AppLovin can sustain earnings growth that justifies a sector level multiple or better. The crux of the bull versus bear debate is whether concerns about growth durability prove temporary or whether they point to a lasting ceiling on what the stock should be worth. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include APP. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Axon's second quarter results surpassed Wall Street expectations on both revenue and adjusted earnings, but the market reacted negatively, reflecting investor concerns about profitability and the trajectory of margins. Management attributed strong performance to broad-based demand for Axon’s ecosystem, with notable growth in international markets and the rapid scaling of its counter-drone and AI-enabled software segments. CEO Rick Smith pointed to the company’s expanding role in public safety technology, highlighting how the integration of sensors, AI, and connected devices is driving customer wins and reinforcing Axon’s position as a trusted provider. Is now the time to buy AXON? Find out in our full research report (it’s free). Revenue: $904.4 million vs analyst estimates of $875.9 million (35.3% year-on-year growth, 3.3% beat) Adjusted EPS: $1.88 vs analyst estimates of $1.84 (2% beat) Adjusted EBITDA: $242 million vs analyst estimates of $220.4 million (26.8% margin, 9.8% beat) Operating Margin: 5.2%, up from -0.2% in the same quarter last year Annual Recurring Revenue: $1.64 billion (38.5% year-on-year growth, beat) Market Capitalization: $51.69 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Meta Marshall (Morgan Stanley) asked about customer comfort with AI and areas of resistance. CEO Rick Smith acknowledged ongoing concerns around privacy and data security, emphasizing Axon’s investment in oversight and customer trust through auditing tools and advisory councils. Michael Ng (Goldman Sachs) inquired about Dedrone’s sustainability post-World Cup. Smith and Chief Product Officer Jeff Kunins noted persistent demand across enterprise and international markets, with Dedrone’s hardware repurposed for new use cases and ongoing growth beyond single events. Jonathan Ho (William Blair) asked about the scale and scope of large municipal deals versus prior agreements. COO Josh Isner explained that meaningful expansions often include more hardware and software, reflecting a strategy of landing initial contracts and expanding through customer satisfaction. Trevor Walsh (Citizens) questioned the shift in Axon 911 go-to-market strategy. Isner described increased willingness among customers to adopt full-scope solutions upfront, driven by dissatisfaction with existing vendors and the appeal of integrated offerings. David Paige (RBC) asked what drives body camera win-backs. Isner cited reliability, strong user experience, and integration within the Axon ecosystem as key factors, noting that network effects and customer referrals are reinforcing this trend. Looking ahead, the StockStory team will be monitoring (1) the pace of adoption for AI-driven software across both U.S. and international markets, (2) margin recovery as inventory investments moderate and component costs stabilize, and (3) the success of Dedrone and Axon 911 in winning large federal and enterprise contracts. Execution on integrating software with hardware deployments and maintaining customer trust in sensitive areas like data privacy will also be critical signposts. Axon currently trades at $632.50, up from $609.49 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it’s free for active Edge members). ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662% between October 2022 and February 2026. AppLovin before it ran 753% between February 2024 and February 2026. Nvidia before it ran 1,178% between January 2023 and February 2026. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+214% between June 2020 and June 2025). Find your next big winner with StockStory today.