Is Wall Street Bullish or Bearish on Axon Enterprise Stock?

With a market cap of $58.1 billion, Axon Enterprise, Inc. (AXON) develops and sells conducted energy devices under the TASER brand, along with a broad suite of hardware and cloud-based software solutions for public safety. Serving law enforcement and other safety sectors, Axon operates through its TASER and Software & Sensors segments.

Shares of the Scottsdale, Arizona-based company have significantly outperformed the broader market over the past 52 weeks. AXON has jumped 161.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.6%. Moreover, shares of Axon Enterprise are up 25.5% on a YTD basis, compared to SPX’s marginal gain.