Shares of industrials company Axon Enterprise (NASDAQ: AXON) were off to a great start in 2025 until recently. Shares got crushed for four straight trading days from Feb. 19 to the 24th. The stock fell mainly because analysts downgraded it. They had concerns about valuation and the possibility that the company could be hit hard by budget cuts from the federal government. Overall, shares fell nearly 30% over that four-day trading period.
However, the company stopped the bleeding with its Q4 earnings report on Feb. 25. Shares rose over 16%. Revenue and earnings were better than expected, and the company announced a huge new customer relationship. So, what should investors make of Axon? Is this stock poised to continue being a long-term winner, with shares up over 300% in the past three years?
