Axon Enterprise, Inc. (AXON) is currently a popular topic in the investment world and is slated to join the Nasdaq 100, a prestigious group of high-performing stocks. This recent upsurge could be attributed to Axon's strong fundamentals and its robust growth, evident in the record of over 25% revenue growth for the 10th consecutive quarter. Noteworthy is the company's Q3 2024 Earnings beating expectations and Morgan Stanley upgrading it to 'Overweight' with a $700 price target. In addition to this, its AI growth outlook has been positively rated by analysts. There are also speculations about Axon becoming the next stock-split stock. However, some concerns have been raised particularly about whether Axon is overvalued after its increase of 134% in 2024.
Axon Enterprise AXON News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 14 Dec 2024 18:55:02 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor 6
