How to Buy Axon Enterprise Stock
Axon Enterprise Inc
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally.
Axon Enterprise stock last closed at $302.41, up 0.28% from the previous day, and has increased 34.7% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.28 percentage points. Axon Enterprise stock is currently +72.45% from its 52-week low of $175.37, and -8.32% from its 52-week high of $329.87.
At the moment, there are 75.3M AXON shares outstanding. The market value of AXON is $22.77B. In the last 24 hours, 492,494 AXON shares were traded.
How to Buy Axon Enterprise Stock
Wondering how to invest in Axon Enterprise stock? Here's how.
- Choose where to buy Axon Enterprise stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Axon Enterprise stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Analyze Axon Enterprise stock: The Axon Enterprise ticker symbol is AXON. Is Axon Enterprise stock a good investment? Should you buy shares of AXON? How do AXON's underlying business fundamentals look? Do top analysts think Axon Enterprise is a good buy? Why has AXON's stock price moved recently? (Hint: Our stock market research website can help you decide if AXON is a good stock to buy).
- Place your AXON trade: Decide if you will purchase AXON shares at the current market price or use a limit order to buy AXON stock at a particular price.
- Get updates on your investment in AXON: Create a watchlist to keep tabs on your new investment in Axon Enterprise shares.
Step 1: Choose where to buy Axon Enterprise stock
You need a brokerage account to access the NASDAQ market and buy AXON stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can invest in AXON stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Analyze Axon Enterprise stock
Once you have figured out the best place to buy Axon Enterprise stock, it's very important to evaluate their stock before you invest, so you truly comprehend the risk as well as the upside.
Axon Enterprise stock at a glance
Fundamentals of AXON
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on AXON's stock page.
How is AXON stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge AXON's fair value.
Using relative valuations methods:
- AXON may be overvalued based on its P/E ratio of 128.69x, relative to Aerospace & Defense industry P/E ratio of 23.99x
- AXON could be overvalued based on its P/B ratio of 14.13x, relative to Aerospace & Defense industry P/B ratio of 5.32x
- AXON may be overvalued based on its PEG ratio of 5.01x
You can access additional valuation analysis on AXON's stock here.
Is AXON a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the AXON balance sheet.
- There are more short-term assets than short-term liabilities on the AXON balance sheet.
- AXON earnings of $155.00M is not enough to cover its interest payments.
- AXON's operating cash flow of $189.26M allows it to safely service it's debt of $710.66M.
Failed Financial Due Diligence Checks:
- AXON profit margin has gone down from 12.4% to 11.1% in the past year.
- AXON has a relatively high debt to equity ratio of 1.13.
- Total AXON debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy AXON stock
Out of 8 Equities analysts who give forecasts on AXON, the consensus analyst rating on AXON is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest AXON Analyst Upgrades/Downgrades
Michael Ng, a top 15% analyst from Goldman Sachs maintains AXON with a strong buy rating and raises their AXON price target from $297.00 to $339.00, on Feb 28, 2024.
William Power, a top 3% analyst from Baird maintains AXON with a buy rating and raises their AXON price target from $260.00 to $300.00, on Feb 22, 2024.
Erik Suppiger, a top 4% analyst from JMP Securities maintains AXON with a buy rating and raises their AXON price target from $250.00 to $285.00, on Feb 6, 2024.
Brian Gesuale, a top 8% analyst from Raymond James maintains AXON with a buy rating and raises their AXON price target from $223.00 to $233.00, on Nov 8, 2023.
You can dig deeper into what analysts are forecasting on the Axon Enterprise stock forecast page.
AXON Technicals
AXON Growth Metrics
Last year, AXON earnings were $174.23M. During the past 5 year, AXON's earnings have gone up by 35.21% per year. This was faster than the Aerospace & Defense industry average of 0.04%.
Last year, AXON revenue was $1.56B. In the last 5 year, AXON's revenue has gone up by 30.06% per year. This was faster than the Aerospace & Defense industry average of 7.46%.
Find out more about AXON's earnings and revenue performance here.
Are AXON insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at AXON have sold more shares than they have bought.
Brittany Bagley, COO CFO of AXON, was the latest AXON insider to sell. They sold $414,243.72 worth of AXON shares on Mar 26, 2024.
Research more about who owns AXON stock here.
Does AXON stock generate passive income?
No, Axon Enterprise doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your AXON trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in AXON
Now that you own some AXON shares, you'll want to stay up-to-date on your new investment.
Add AXON to a watchlist to get notified of important updates regarding your AXON stock.
AXON Feed
How to Buy Stock in Axon Enterprise
To summarize, here are the 6 steps for buying Axon Enterprise stock:
- Choose where to buy Axon Enterprise stock
- Open a brokerage account
- Deposit funds into your investment account
- Analyze Axon Enterprise stock
- Place your AXON trade
- Get updates on your investment in AXON
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Axon Enterprise, add AXON to your watchlist below.
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