AXON

Nasdaq

AXON ENTERPRISE, INC.

Industrials, Aerospace & Defense

$571.01

close 7 Aug 2026

-30.25%

52-week change

$46.39B

market cap

$339.01

$844.15

52-week range

Expected price

$292.86 – $357.94

Current price

$571.01

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)237.92x

P/S (TTM)14.41x

P/B12.62x

EV/EBITDA (TTM)381.56x

FCF yield (TTM)0.29%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average148.79x

P/E, sector median29.72x*

Price at 5-year median P/E$324.58*

Forward — analyst consensus

Forward P/E (FY2026)73.99x*

Forward P/E (FY2027)54.00x

Forward PEG2.00*

Consensus EPS FY2026 (20 analysts)$7.72

EPS growth (FY2026→FY2027)37.02%

Revenue growth (FY2026)33.27%

Street view

Price target (mean)$691.83*

Target upside21.16%

Ratings (buy / hold / sell)18 / 2 / 1

FY2026 EPS revisions, 30d (up / down)2 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

10Y CAGR +6.38%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$571.01

Cash & equivalents$597.70M

Total debt$1.73B

Shares outstanding81.24M

Result

DCF price per share$27.41

Current price$571.01

Margin of safety-95.20%

PV of years 1–10$1.23B

PV of terminal value$2.13B

Equity value$2.23B

Market-implied growth+42.37%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$141.69M	$150.73M	$160.34M	$170.57M	$181.46M	$193.03M	$205.35M	$218.45M	$232.39M	$247.21M	$4.61B
PV	$131.19M	$129.22M	$127.29M	$125.38M	$123.50M	$121.64M	$119.82M	$118.02M	$116.25M	$114.51M	$2.13B

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026