Form 8-K AXON ENTERPRISE, INC. For: Feb 25
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Axon Enterprise (AXON) PT Raised to $665 at JPMorgan
February 26, 2025 5:14 AM ESTJPMorgan analyst Samik Chatterjee raised the price target on Axon Enterprise (NASDAQ: AXON) to $665.00 (from $530.00) while maintaining a Overweight rating.
The analyst comments "Axon reported 4Q24 results that exceeded expectations, with both revenue and EBITDA surpassing estimates and guidance. The performance was driven by continued strong momentum across the portfolio, particularly in Axon Cloud & Services, which saw double-digit revenue growth both sequentially and year-over-year. Management highlighted robust demand for OSP bundles, especially premium... More
