AXON

Axon Enterprise, Inc.

Industrials · $34.7B market cap

Verdict

Share price

$413.35

close of Oct 3, 2026

Fair value

$345.32

Sticker Price

Payback Price

$138.13

buy price

Overpriced

AXON is Overpriced: at $413.35 it trades 20% above its fair value of $345.32. Its buy price (Payback Price) is $138.13, 67% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Sales-Based (P/S). Its earnings are small compared with its price, so no reasonable earnings multiple can value it. We value it on its sales instead, at the price-to-sales ratio it has typically traded at.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth18.0% a year✓
Equity per share growth24.6% a year✓
Sales growth29.7% a year✓
Free cash flow growth17.3% a year✓
Return on invested capital2.2%✗

Follow AXON

Get notified when it reaches its buy price of $138.13. Free.

Create a free account

Insider activity

Since Aug 31, 2026: no open-market purchases, 39 sales worth $14.7M and 4 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$101K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$530K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$640K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$688K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$672K

Show all 39 sales

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$902K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$380K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$377K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$558K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$207K

SMITH PATRICK W

CHIEF EXECUTIVE OFFICER · 2026-09-08

Sold

$36K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$24K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$54K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$64K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$165K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$164K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$331K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$279K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$70K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$185K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$460K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$964K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$798K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$361K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$620K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$638K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$163K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$180K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$387K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$367K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$512K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$958K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$110K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$106K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$374K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$695K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$202K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$210K

Isner Joshua

PRESIDENT · 2026-08-31

Sold

$195K

Other filings

About Axon Enterprise, Inc.

Axon Enterprise, Inc., founded in 1993 and headquartered in Scottsdale, Arizona, was previously known as TASER International, Inc. until its rebranding in April 2017. The company specializes in the development, production, and sale of conducted energy devices (CEDs) marketed under its well-known TASER brand, catering to both domestic and international clients. Axon's operations are divided into two primary segments…

Aerospace & Defense

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works