Why Axon Enterprise Stock Is Plummeting This Week
Shares of leading public safety technology company Axon Enterprise (NASDAQ: AXON) are down 18% as of 1 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.
Axon reported solid third-quarter earnings on Tuesday, but adjusted earnings per share fell short of Wall Street's expectations, so the stock slid this week.
Regardless of the market's reaction, Axon delivered sales growth of 31%, marking its seventh consecutive quarter of an increase above 30%.
Source Fool.com
Axon Enterprise INC Stock
€473.20
-3.820%
Our community is currently high on Axon Enterprise INC with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 700 € shows a positive potential of 47.93% compared to the current price of 473.2 € for Axon Enterprise INC.
