Axon Hits the Mark to Start 2025
Here's our initial take on Axon Enterprise's (NASDAQ: AXON) first-quarter financial report.
Axon got good results in the first quarter of 2025, setting a new record for quarterly revenue and seeing year-over-year sales growth top 25% for the 13th quarter in a row. Just about all of Axon's products and services pulled their weight, as sales of connected devices rose 26% and Taser-related revenue was up 19%. Personal sensors had stronger revenue gains of 30%, and the new platform solutions segment grew at a faster-than-50% clip. Axon pointed to the Taser 10 system, the Axon Body 4 sensor, and various virtual-reality and drone equipment as particularly strong contributors to top-line gains.
Beyond the numbers, Axon was excited about the product rollouts it has recently made in support of public safety. With the 10th annual installment of its Axon Week user conference last month, the company presented its Axon Vehicle Intelligence platform, which incorporates capabilities like expanded video, automated license plate recognition, livestreaming, real-time alerts, and camera systems, including the Outpost fixed camera and the Lightpost streetlight camera.
Source Fool.com
Axon Enterprise INC Stock
Currently there is a rather positive sentiment for Axon Enterprise INC with 4 Buy predictions and 0 Sell predictions.
With a target price of 700 € there is a slightly positive potential of 11.11% for Axon Enterprise INC compared to the current price of 630.0 €.
