
Axon Enterprise (AXON) Stock Forecast & Price Target
Axon Enterprise (AXON) Analyst Ratings
Bulls say
Axon Enterprise Inc. has demonstrated significant growth in its financial performance, with operating cash flows increasing by $110.1 million year-over-year to reach $250.2 million, and free cash flow improving by $109.3 million year-over-year to $225.4 million. The total contracted backlog has risen to $10.1 billion, representing an increase of $2.4 billion quarter-over-quarter, alongside expectations that 20-25% of this backlog will be realized within the next 12 months. Additionally, the company has expanded its total addressable market (TAM) to $129 billion, reflecting the growth potential associated with recent acquisitions and a strong demand for public safety solutions.
Bears say
The financial outlook for Axon Enterprise Inc presents several challenges, primarily stemming from a flat net revenue retention rate of 123% and the impact of a $3.3 million revenue adjustment in F4Q24, suggesting a potential weakness in revenue recognition and overall growth. Additionally, the company faces significant risks from global supply chain constraints, which are expected to continue hampering operations and could lead to an annual growth rate slowing to 20% or less in a bearish scenario. Furthermore, the emergence of alternative weaponry for law enforcement poses a threat to Axon’s market share, as competitive pricing pressures could hinder both revenue growth and profitability moving forward.
This aggregate rating is based on analysts' research of Axon Enterprise and is not a guaranteed prediction by Public.com or investment advice.
Axon Enterprise (AXON) Analyst Forecast & Price Prediction
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