Axon Enterprise lifted its 2026 revenue growth guidance to a range of 32% to 34% after reporting second-quarter results that exceeded sales estimates but came with margin pressure and an earnings per share miss versus expectations. The raised guidance follows a sharp rebound in the company's share price, with a 7-day return of 14.74% and a 90-day return of 42.77%, though the one-year total shareholder return is down 29.43%. Longer-term holders have still seen substantial gains, with a three-year total shareholder return of 204.08% and a five-year return of 230.08%. The stock last closed at $609.49, while a widely followed narrative pegs fair value closer to $606.83, implying only a small gap yet still framing the stock as overvalued.
Axon Enterprise Inc.Raises 2026 revenue growth guidance to 32-34% after Q2 sales beat, though EPS missed and margins pressured.
