Axon Enterprise stock falls after CEO sale and strong Q2 sales

Published on 09/11/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Axon Enterprise stock closed at USD 478.85 on September 10, 2026, after CEO Patrick W. Smith sold 10,000 shares. Q2 revenue reached USD 904.39 million and EPS was USD 1.88.

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Axon Enterprise stock (ISIN US05464C1018) closed at USD 478.85 on Nasdaq on September 10, 2026, down 2.28 percent, while the session high reached USD 492.19 and volume was 889,500 shares.

CEO sale weighs on trading

As MarketBeat reported on September 10, 2026, CEO Patrick Smith sold 10,000 shares for USD 5,089,900.00 at an average price of USD 508.99, and the stock later traded at USD 478.85.

The same report said Axon Enterprise had a 1-year low of USD 339.01 and a 1-year high of USD 792.16, putting the latest close between those two markers but below the recent intraday level near USD 492.19.

Quarterly numbers stay strong

According to MarketBeat, Axon Enterprise reported second-quarter 2026 earnings per share of USD 1.88 on revenue of USD 904.39 million, versus EPS of USD 1.84 expected by analysts and revenue estimates of USD 876.42 million.

The same quarterly update showed net margin of 6.19 percent and return on equity of 2.84 percent, while revenue rose 35.3 percent from the same quarter a year earlier to USD 904.39 million.

Analysts still see upside

As Futu reported on September 11, 2026, TD Cowen analyst Andrew Sherman kept a Buy rating on Axon Enterprise and held the target price at USD 825.

That target sits about 72.1 percent above the September 10 close of USD 478.85, a gap that keeps valuation debate at the center of the Axon Enterprise stock story.

Stock ends near USD 479

Axon Enterprise stock traded at USD 478.85 on Nasdaq on September 10, 2026, with a 52-week range of USD 339.01 to USD 792.16 and market capitalization of USD 38.90 billion.