Axon Enterprise issues USD 1.15 billion notes and Axon Enterprise stock trades at EUR 369.50
Published on 10/05/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Axon Enterprise stock (ISIN US05464C1018) was trading at EUR 369.50 at Lang & Schwarz on October 5, 2026 at 12:10 p.m. CEST, up 0.56 percent versus the prior close of EUR 367.45. On September 21, 2026, Axon Enterprise issued USD 1.15 billion of zero-coupon convertible notes due 2031, according to StockTitan.
Convertible debt adds a capital question
The notes carry no regular interest and have an initial conversion price of USD 652.06 per share, while the related capped call transactions have an initial cap price of USD 1,049.94, the filing summary said on September 21, 2026. Axon said the capped calls are intended to reduce potential dilution if the notes convert, but the structure still adds a future equity-linked obligation.
The financing follows a strong operating quarter. StockTitan reported second-quarter 2026 revenue of USD 904.39 million, up 35.30 percent from the same period a year earlier. Adjusted EBITDA reached USD 242.00 million, a 26.80 percent margin, while GAAP net income was USD 29.00 million.
Growth remains the valuation anchor
Annual recurring revenue rose 39.00 percent to USD 1.60 billion in the second quarter of 2026, and future contracted bookings increased 41.00 percent to USD 15.10 billion. Axon also lifted its full-year 2026 revenue-growth outlook to 32.00 percent to 34.00 percent, giving investors a measurable test for whether growth can keep pace with the stock's valuation.
Analyst expectations remain high but have become less uniform. Yahoo Finance reported on September 21, 2026 that Goldman Sachs cut its target from USD 715.00 to USD 675.00 while maintaining a Buy rating. MarketBeat listed a consensus Moderate Buy view from 14 Buy ratings and three Hold ratings on October 1, 2026.
Stock stays below its yearly high
Axon had a market capitalization of USD 33.3 billion as of October 2, 2026. Its Nasdaq 52-week range was USD 339.01 to USD 764.02, placing the Lang & Schwarz euro quote in a market picture shaped by rapid growth, elevated expectations and financing-related dilution questions.
Price source: Lang & Schwarz. Axon Enterprise stock was trading at EUR 369.50 on October 5, 2026 at 12:10 p.m. CEST, plus 0.56 percent versus the Lang & Schwarz prior close of EUR 367.45 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Axon Enterprise stock.
Axon Enterprise stock facts
- Company: Axon Enterprise, Inc.
- ISIN: US05464C1018
- Ticker: AXON
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 5, 2026, 12:10 p.m. CEST: EUR 369.50
- Change versus prior close: plus 0.56 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 367.45
- Market capitalization: USD 33.3 billion as of October 2, 2026
- 52-week range: USD 339.01-764.02 as of October 2, 2026
- Sector / Industry: Industrials / Aerospace and Defense
