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Benzinga

Business

Akanksha Bakshi

Axon Soars Past 52-Week High As Outlook Ignites Investor Frenzy

Stuttgart,,Germany,-,01-16-2025:,Axon,Enterprise,,Inc.,Is,An,American

Axon Enterprise Inc. (NASDAQ:AXON) shares surged during Tuesday’s regular session after multiple analysts raised their price forecasts following the company’s strong second-quarter results and increased full-year revenue guidance.

According to Benzinga Pro, Raymond James maintained an Outperform rating on Axon and lifted its price forecast to $855 from $645. UBS reiterated a Neutral rating and raised its forecast to $840 from $820.

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