Added to YB: 2024-08-19
Pitch date: 2024-08-16
AXON [neutral]
Axon Enterprise, Inc.
+50.98%
current return
Author Info
Capital Incentives works in research at Verity and writes deep dives on stocks. Sign up for the newsletter.
Company Info
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally.
Market Cap
$42.6B
Pitch Price
$373.75
Price Target
362.00 (-36%)
Dividend
N/A
EV/EBITDA
474.09
P/E
172.63
EV/Sales
16.53
Sector
Aerospace and Defense
Category
growth
Axon Enterprise, Inc. - $AXON
AXON: Leader in law enforcement tech, 28% 10yr rev CAGR. TASER 10 success, body cams dominate. AI-powered Draft One driving cloud adoption. Int'l sales +100% Q2. Risks: regulatory, int'l growth. 5yr DCF: $362 fair value (3% below current). Strong growth outlook but rich valuation. AI, int'l expansion, drones key to future. 20% rev growth, 25% adj EBITDA margin targets.
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