Axon Enterprise prices USD 1.00 billion notes. Argus targets Axon Enterprise stock at USD 600.00
Published on 10/06/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Axon Enterprise (ISIN US05464C1018) was trading at EUR 368.85 at Lang & Schwarz on October 6, 2026 at 3:11 p.m. CEST, plus 0.63 percent versus the prior close of EUR 366.55. According to PR Newswire on September 16, 2026, Axon priced USD 1.00 billion of 0% convertible senior notes due 2031. Yahoo Finance lists Argus Research as raising its target from USD 460.00 to USD 600.00 on September 3, 2026.
Convertible notes add funding
The note offering closed on September 18, 2026, with the underwriters exercising a USD 150.00 million over-allotment option. The resulting USD 1.15 billion obligation carries a 0% coupon, matures on September 15, 2031 and has an initial conversion price of USD 652.06 per share, according to StockTitan.
Axon said the remaining proceeds may support growth and acquisitions, while capped call transactions are intended to reduce potential dilution if the notes convert. The structure therefore gives Axon additional capital, but it also adds a direct financial obligation that investors will weigh against the company's growth rate.
Revenue growth stays above 30 percent
For the second quarter of 2026, Yahoo Finance shows revenue of USD 904.39 million and earnings per share of USD 1.88, versus an earnings estimate of USD 1.84. Revenue increased 35.30 percent year over year, giving the notes issue a clear operating-growth backdrop.
ScanX reported that Axon raised its full-year 2026 revenue-growth guidance to 32.00 percent to 34.00 percent. That comparison matters because the company is funding expansion while maintaining a pace of growth that remains materially above its latest quarterly revenue increase threshold.
Stock remains below its yearly high
The Nasdaq quote stood at USD 411.81 on October 5, 2026, with a market capitalization of USD 33.2 billion and a 52-week range of USD 339.01 to USD 764.02. The quote was 46.10 percent below the 52-week high, keeping valuation and execution central to the stock discussion.
Axon Enterprise stock was trading at EUR 368.85 at Lang & Schwarz on October 6, 2026 at 3:11 p.m. CEST, plus 0.63 percent versus the prior close of EUR 366.55. 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
- WKN: A2DPZU
- Ticker: AXON
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 6, 2026, 3:11 p.m. CEST): EUR 368.85
- Change versus prior close: plus 0.63 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 366.55
- Market capitalization: USD 33.2 billion (as of October 5, 2026)
- 52-week range: USD 339.01-764.02 (as of October 5, 2026)
- Sector / Industry: Industrials / Aerospace & Defense
