Axon Enterprise stock trades at EUR 370.60 as Q2 growth reaches 35.00 percent
Published on 09/30/2026 at 14:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Axon Enterprise (ISIN US05464C1018) was trading at EUR 370.60 at Lang & Schwarz on September 30, 2026 at 2:18 p.m. CEST, up 0.18 percent from the EUR 369.95 prior close. The company entered the autumn with Q2 revenue of USD 904.4 million, up 35.0 percent year over year.
Q2 growth stays above 30 percent
According to StockTitan on August 5, 2026, adjusted EBITDA reached USD 242.0 million, equal to a 26.8 percent margin, while GAAP net income was USD 29.0 million. Software and Services revenue rose 36.0 percent to USD 398.0 million, and Connected Devices revenue increased 35.0 percent to USD 507.0 million.
The operating mix gives the quarterly growth a recurring-revenue anchor. Annual recurring revenue climbed 39.0 percent to USD 1.6 billion, net revenue retention reached 126.0 percent, and future contracted bookings increased 41.0 percent to USD 15.1 billion, according to StockTitan.
Guidance raises the benchmark
Axon raised its 2026 revenue-growth outlook to 32.0 percent to 34.0 percent and retained an adjusted EBITDA margin target of 25.5 percent, per StockTitan. Operating cash flow was USD 20.0 million in Q2, while cash and investments totaled USD 685.0 million against USD 1.8 billion of senior notes.
That combination puts execution against the raised outlook ahead of the next earnings checkpoint. Yahoo Finance lists November 3, 2026 as the next earnings date, while the latest reported quarter ended June 30, 2026.
Goldman Sachs trims its target
Goldman Sachs lowered its price target from USD 715.00 to USD 675.00 on September 21, 2026, while maintaining a Buy rating, according to MarketScreener. The revision leaves the analyst view constructive, but the lower target makes the raised operating guidance an important test for the valuation.
Axon stock trades in Europe
Axon Enterprise stock was trading at EUR 370.60 at Lang & Schwarz on September 30, 2026 at 2:18 p.m. CEST, up 0.18 percent versus the EUR 369.95 prior close. On Nasdaq, the stock was last quoted at USD 419.58 on September 29, 2026, with a 52-week range of USD 339.01 to USD 764.02 and market capitalization of USD 33.8 billion.
Axon Enterprise stock at a glance
- Company: Axon Enterprise, Inc.
- ISIN: US05464C1018
- Ticker: AXON
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of September 30, 2026, 2:18 p.m. CEST): EUR 370.60
- Change versus prior close: plus 0.18 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 369.95
- Market capitalization: USD 33.8 billion (as of September 29, 2026)
- 52-week range: USD 339.01-764.02 (as of September 29, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Next earnings date: November 3, 2026
