Why Axon Enterprise Stock Was Soaring Today
Shares of Axon Enterprise (NASDAQ: AXON) were surging today after the law enforcement technology company delivered a strong fourth-quarter earnings report, easily beating estimates.
The company also announced a target of $6 billion in revenue by 2028. Coming after a sharp sell-off in recent weeks over concerns about AI disruption in software, the results showed the business is as strong as ever despite the weak investor sentiment.
As of 12:08 p.m. ET, the stock was up 17.3% on the news.
Source Fool.com
Axon Enterprise INC Stock
€385.30
-1.290%
The community is currently still undecided about Axon Enterprise INC with 2 Buy predictions and 0 Sell predictions.
As a result the target price of 445 € shows a slightly positive potential of 15.49% compared to the current price of 385.3 € for Axon Enterprise INC.
