Axon Enterprise stock gains 3.25 percent at EUR 354.05
Published on 10/20/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice and analyst target
- Axon Enterprise stock gained 3.25 percent on October 20, 2026.
- UBS set a USD 470.00 target and maintained a Hold rating on October 13, 2026.
- Axon Enterprise stock costs EUR 354.05 at Lang & Schwarz on October 20, 2026 at 6:19 p.m. CEST.
- Second-quarter revenue reached USD 904.39 million on June 30, 2026.
Axon Enterprise stock rose 3.25 percent, or EUR 11.15, to EUR 354.05 at Lang & Schwarz on October 20, 2026 at 6:19 p.m. CEST, measured against the Tradegate close of October 19, 2026 at EUR 342.90. The move gives the price report a stronger signal than the latest operating figures, while a UBS rating supplies the main analyst reference.
UBS target meets strong growth
UBS analyst Andrew Spinola maintained a Hold rating and set a USD 470.00 price target on October 13, 2026, according to Markets Insider. Against the USD 397.85 Nasdaq price at 12:30 p.m. ET on October 20, 2026, that target is 18.14 percent above the price.
The operating backdrop remains substantial. Axon reported USD 904.39 million in second-quarter 2026 revenue, up 35.30 percent from USD 668.54 million a year earlier, while net income declined to USD 29.43 million from USD 36.12 million, according to MarketWatch. The figures cover the quarter ended June 30, 2026.
Price sits below the yearly high
Axon's Nasdaq price of USD 397.85 on October 20, 2026 was 47.92 percent below the 52-week high of USD 764.02 and 17.36 percent above the 52-week low of USD 339.01. Trading volume stood at 602,152 shares against an average of 966,243 shares, keeping the session's market activity below its recent average.
The company carried a market capitalization of USD 32.3 billion and a trailing price-to-earnings ratio of 164.86 on October 20, 2026. The valuation leaves the UBS target as a dated benchmark rather than a forecast adopted by this article.
Growth comes with earnings pressure
Axon's second-quarter operating margin was 5.00 percent, while diluted earnings per share came to USD 0.36 for the period ended June 30, 2026. Revenue growth therefore exceeded the change in net income, a split that makes margin conversion and recurring software adoption important measures for the next reported period.
What the euro price indicates
The euro quotation stood EUR 11.15 above the Tradegate close used for the daily comparison. On Nasdaq, Axon last traded at USD 397.85 on October 20, 2026 at 12:30 p.m. ET while the market was open. The further course of trading is shown by the continuously updated real-time quote of Axon Enterprise stock.
Axon Enterprise market data
- Company: Axon Enterprise, Inc.
- ISIN: US05464C1018
- Ticker: AXON
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 6:19 p.m. CEST): EUR 354.05
- Change versus Tradegate close: plus 3.25 percent
- Tradegate close (October 19, 2026): EUR 342.90
- Market capitalization: USD 32.3 billion (as of October 20, 2026)
- 52-week range: USD 339.01-764.02 (as of October 20, 2026)
- Sector / Industry: Information technology / technology hardware, storage and peripherals
Market context: Market report S&P 500.
