Axon Enterprise, Inc. (AXON) earnings on May 6, 2026
More Axon Enterprise, Inc. earnings
Prior outlook: Pessimistic Outcome: Missed
AXON stock rallied strongly after its earnings release, showing significant gains throughout the market review session. The price finished the day much higher.
AXON price around the earnings
426.55
Change: +10.5%
2026-05-08, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
Analysts very optimistic, expect significant price increase.
Despite a significant price drop, analysts are very optimistic about Axon's future. They see a high potential for the stock price to increase significantly from its current levels.
Context analyzed before publication
- Summary
- Analysts are optimistic, citing a significant price target above the current level.
- Reasoning
- Despite a significant price drop, analysts are very optimistic about Axon's future. They point to an optimistic scenario for the stock from its current levels.
- Playbook
- The strong analyst conviction points to an optimistic scenario. The long-term perspective suggested by experts is constructive.
- Trend
- First evaluation, no trend yet.
Analysts
Drivers
-
Analysts
Positive
Most analysts recommend buying the stock and point to an optimistic scenario for its value. This optimism persists even after a recent price target reduction by one firm.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.6
- Analysts covering the stock
- 18
- Average price target
- 701.76
- Lowest price target
- 409.68
- Highest price target
- 825
- Upside to price target
- 89.1%
- Quarterly earnings growth
- -98%
- Revenue growth
- 38.5%
- Forward EPS
- 10.46
- Trailing EPS
- 1.52
- Analyst moves in the last 60 days
- 4
- Strong buy: 8
- Buy: 10
- Hold: 2
- Sell: 0
- Strong sell: 0
- Strong buy
- 8
- Buy
- 10
- Hold
- 2
- Sell
- 0
- Strong sell
- 0
- April 16, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- April 13, 2026 · Citizens: Reiterates rating (Market Outperform → Market Outperform)
- April 8, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- April 8, 2026 · Goldman Sachs: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- If You Invested $100 In Axon Enterprise Stock 5 Years Ago, You Would Have This Much Today — Benzinga
- JP Morgan Maintains Overweight on Axon Enterprise, Lowers Price Target to $750 — Benzinga
- Citizens Reiterates Market Outperform on Axon Enterprise, Maintains $825 Price Target — Benzinga
- $100 Invested In Axon Enterprise 5 Years Ago Would Be Worth This Much Today — Benzinga
- TD Cowen Maintains Buy on Axon Enterprise, Lowers Price Target to $825 — Benzinga
- Axon Stock Is Rebounding Today: What's Happening? — Benzinga
- Goldman Sachs Maintains Buy on Axon Enterprise, Lowers Price Target to $625 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has shown strong negative price movement over the last 30 days and is performing much worse than the broader market.
Evidence
- Average true range (ATR)
- 4.8%
- Distance to 52-week high
- -58.1%
- 14-day change (14d)
- -7.8%
- 30-day change
- -19.3%
- 30-day relative strength
- -31.3%
- Benchmark change
- +12.1%
- Nearest support
- 339.45
- Nearest resistance
- 471.98
- Volume accumulation ratio
- 0.86
Trends
Evidence
- Average earnings surprise
- +16.4%
- February 24, 2026: actual EPS 2.15 vs estimate 1.6 (surprise +34.5%)
- November 4, 2025: actual EPS 1.17 vs estimate 1.54 (surprise -24.1%)
- August 4, 2025: actual EPS 2.12 vs estimate 1.46 (surprise +45.0%)
- May 7, 2025: actual EPS 1.41 vs estimate 1.28 (surprise +10.3%)
Expected move
Drivers
-
Past earnings
Positive
Axon has a strong history of exceeding earnings expectations, beating estimates in 75% of past reports by an average of over 16%.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 13.7%
- 75th percentile move
- 15%
- 90th percentile move
- 17.6%
- Up / down moves
- 14 / 5
- Average up move
- +13.7%
- Average down move
- -7.0%
Monitoring and close
What Axon Enterprise, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +10.6%
- Max favorable move (MFE)
- 0.9%
- Max adverse move (MAE)
- 13.6%