What Are Wall Street Analysts' Target Price for Axon Enterprise Stock?

Valued at around $48.2 billion by market cap, Arizona-based Axon Enterprise, Inc. (AXON) stands as a trailblazer in global public safety technology, with a bold mission to reduce gun-related deaths involving police and the public by 50% before 2033. By crafting an integrated public safety operating system, Axon revolutionizes modern policing with cutting-edge solutions, including TASER devices, body and in-car cameras, and cloud-powered evidence management tools. 

Shares of this public safety technology provider have delivered stunning gains of 178.3% over the past year, dwarfing the broader S&P 500 Index’s ($SPX) 31.8% return over the same time frame. The stock has also staged quite a remarkable performance in 2024, delivering a return of 145.8%, far outpacing SPX’s 25.8% YTD growth.