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AXON

187.92USD+0.17(+0.09%)Delayed

Axon Enterprise Inc

Market Summary

USD187.92+0.17Delayed
0.09%

AXON Alerts

AXON Stock Price

RSI Chart

Valuation

Market Cap

10.1B

Price/Earnings

71.69

Price/Sales

10.18

Price/Cashflow

108.91

MarketCap/EBT

99.91

Price/Sales

Profitability

EBT Margin

10.19%

Return on Equity

11.8%

Return on Assets

7.29%

Fundamentals

Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

34.38%

Revenue Q/Q

9.15%

Earnings

Earnings (TTM)

104.5M

Earnings Y/Y

-75%

Earnings Q/Q

-76.2%

Price Action

52 Week Range

193.85
(Low)(High)

Last 7 days

1.5%

Last 30 days

37.1%

Last 90 days

53.7%

Trailing 12 Months

4.5%

Financial Health

Current Ratio

2.7

Investor Care

Shares Dilution (1Y)

3.94%

Diluted EPS (TTM)

1.44

Financials for Axon Enterprise

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.0%1,071992925863872
Gross Profit8.0%658609573541547
Operating Expenses3.3%614595674709682
  S&GA Expenses0.7%399396479515501
  R&D Expenses8.4%216199195194181
Earnings Before Taxes23.2%125101-19.20-141.37-95.12
Net Income-25.8%10414143-60.02-20.68
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets4.1%2,0101,9321,7721,6881,645
  Current Assets3.1%1,2061,1701,1461,1091,124
    Cash Equivalents-30.6%148213386356282
  Inventory12.2%17315412210993
  Net PPE4.0%164158150138129
  Goodwill-0.4%4545444426
Liabilities5.5%779738648640531
  Current Liabilities-0.3%432433471419380
Shareholder's Equity3.2%1,2311,1941,1251,0481,114
  Retained Earnings5.6%228216165110123
  Additional Paid-In Capital2.5%1,1671,1391,1191,0951,147
Accumulated Depreciation7.0%7368635955
Shares Outstanding0.1%7171717168
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations26.4%11793108124146
  Share Based Compensation-5.6%116122239303316
Cashflow From Investing-622.8%-142.862729625337
Cashflow From Financing40.0%-99.74-166.26-168.59-174.18-77.82

Risks

What is the probability of a big loss on AXON?

86.9%


Probability that Axon Enterprise stock will be more than 20% underwater in next one year

77.3%


Probability that Axon Enterprise stock will be more than 30% underwater in next one year.

27.7%


Probability that Axon Enterprise stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AXON drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Axon Enterprise was unfortunately bought at previous high price.

Returns

Cumulative Returns on AXON

35.9%


10-Year Cumulative Returns

38.9%


7-Year Cumulative Returns

50.8%


5-Year Cumulative Returns

34.7%


3-Year Cumulative Returns

What are the long-term rolling returns for AXON?

FIve years rolling returns for Axon Enterprise.

Which funds bought or sold AXON recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
-
-
3,000
12,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
6,142,000
6,142,000
0.07%
2022-11-22
B. Riley Wealth Advisors, Inc.
-
-
574,000
954,000
0.03%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
1,770,000
9,832,000
0.02%
2022-11-21
FourThought Financial, LLC
-
-
11,000
55,000
0.01%
2022-11-17
M&T Bank Corp
-
-
88,000
451,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
118,000
607,000
0.02%
2022-11-16
ASHFORD CAPITAL MANAGEMENT INC
REDUCED
-7.09
3,681,000
27,541,000
4.20%
2022-11-16
CoreFirst Bank & Trust
UNCHANGED
-
3,000
12,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-20.92
-14,000
742,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying AXON calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AXON

Axon Enterprise News

Seeking Alpha

Tyler Technologies: Doing Well By Helping Government Do Better (NYSE:TYL).2 days ago

Zacks Investment Research

AXON Fair Value

Recent SEC filings of Axon Enterprise

View All Filings
Date Filed Form Type Document
Nov 14, 2022
4
Insider Trading
Nov 09, 2022
10-Q
Quarterly Report
Nov 08, 2022
8-K
Current Report
Oct 06, 2022
4
Insider Trading
Sep 28, 2022
4
Insider Trading
Sep 28, 2022
3
Insider Trading
Sep 27, 2022
4
Insider Trading
Sep 23, 2022
S-8
Employee Benefits Plan
Sep 02, 2022
4
Insider Trading

Latest Insider Trading transactions for AXON

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-11
MCBRADY MATTHEW R
SOLD
-310,715
182.881
-1,699
-
2022-09-27
Kunins Jeffrey C
SOLD
-216,571
112.271
-1,929
CHIEF PRODUCT OFFICER
2022-09-26
Kunins Jeffrey C
SOLD
-142,888
112.422
-1,271
CHIEF PRODUCT OFFICER
2022-09-26
Bagley Brittany
ACQUIRED
-
-
94,592
CFO & CBO
2022-09-01
Zito James
SOLD
-233,950
115.133
-2,032
CHIEF FINANCIAL OFFICER
2022-06-08
KROLL MARK W
SOLD
-324,796
102.816
-3,159
-
2022-06-02
Isner Joshua
ACQUIRED
791,794
105.11
7,533
CHIEF OPERATING OFFICER
2022-05-31
Cullivan Julie A
SOLD
-153,414
102.14
-1,502
-
2022-05-27
Cullivan Julie A
SOLD
-47,757
99.91
-478
-
2022-05-20
Brown Adriane M
ACQUIRED
200,092
99.4
2,013
-

1–10 of 50

Patrick W. Smith
2150
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Its products include TASER 7, TASER X26P, TASER X2, TASER Consumer devices, and related cartridges; on-officer body cameras, Axon Fleet in-car systems, and other devices; Axon Evidence digital evidence management software; Axon Signal enabled devices, as well as hardware extended warranties; and Axon docks, cartridges, and batteries. It sells its products through its direct sales force, distribution partners, online store, and third-party resellers. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.

AXON Income Statement

2022-09-30
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales$ 311,754$ 231,989$ 853,793$ 645,803
Cost of sales118,49787,422330,834239,954
Gross margin193,257144,567522,959405,849
Operating expenses:    
Sales, general and administrative102,02399,295287,157403,554
Research and development59,12742,382165,090143,352
Total operating expenses161,150141,677452,247546,906
Income (loss) from operations32,1072,89070,712(141,057)
Interest and other income (expense), net(11,249)(5,530)91,07636,896
Income (loss) before provision for income taxes20,858(2,640)161,788(104,161)
Provision for (benefit from) income taxes8,727(51,164)43,824(57,651)
Net income (loss)$ 12,131$ 48,524$ 117,964$ (46,510)
Net income (loss) per common and common equivalent shares:    
Basic (in dollars per share)$ 0.17$ 0.73$ 1.66$ (0.71)
Diluted (in dollars per share)$ 0.17$ 0.67$ 1.63$ (0.71)
Weighted average number of common and common equivalent shares outstanding:    
Basic (in shares)71,10766,19271,03365,139
Diluted (in shares)72,52572,44172,38665,139
Net income (loss)$ 12,131$ 48,524$ 117,964$ (46,510)
Foreign currency translation adjustments(2,275)(793)(5,513)(1,161)
Unrealized losses on available-for-sale investments(326) (976) 
Comprehensive income (loss)9,53047,731111,475(47,671)
Product    
Net sales210,398165,803586,653463,116
Cost of sales93,72471,336260,578195,253
Service    
Net sales101,35666,186267,140182,687
Cost of sales$ 24,773$ 16,086$ 70,256$ 44,701

AXON Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 147,711$ 356,332
Marketable securities35,28072,180
Short-term investments194,62714,510
Accounts and notes receivable, net of allowance of $2,273 and $2,203 as of September 30, 2022 and December 31, 2021, respectively418,308320,819
Contract assets, net168,673180,421
Inventory173,046108,688
Prepaid expenses and other current assets68,05456,540
Total current assets1,205,6991,109,490
Property and equipment, net164,160138,457
Deferred tax assets, net96,355127,193
Intangible assets, net13,03915,470
Goodwill44,81943,592
Long-term investments28,53631,232
Long-term notes receivable, net8,46211,256
Long-term contract assets, net48,38829,753
Strategic investments290,32983,520
Other long-term assets110,64398,247
Total assets2,010,4301,688,210
Current liabilities:  
Accounts payable50,19332,220
Accrued liabilities112,766103,707
Current portion of deferred revenue246,446265,591
Customer deposits15,31710,463
Other current liabilities6,8016,540
Total current liabilities431,523418,521
Deferred revenue, net of current portion313,823185,721
Liability for unrecognized tax benefits7,3173,797
Long-term deferred compensation5,3695,679
Deferred tax liability, net1811
Long-term lease liabilities16,31120,440
Other long-term liabilities4,7735,392
Total liabilities779,117640,361
Commitments and contingencies (Note 13)
Stockholders' equity:  
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, $0.00001 par value; 200,000,000 shares authorized; 71,151,670 and 70,896,856 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively11
Additional paid-in capital1,167,2181,095,229
Treasury stock at cost, 20,220,227 shares as of September 30, 2022 and December 31, 2021(155,947)(155,947)
Retained earnings227,847109,883
Accumulated other comprehensive income (loss)(7,806)(1,317)
Total stockholders' equity1,231,3131,047,849
Total liabilities and stockholders' equity$ 2,010,430$ 1,688,210