TD Cowen reiterates USD 825.00 target for Axon Enterprise stock
Published on 10/15/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and upcoming results
- On October 13, TD Cowen kept its Buy rating and USD 825.00 target.
- Second-quarter revenue reached USD 904.39 million, up 35.30 percent year over year.
- Axon Enterprise stock costs EUR 371.70 at Lang & Schwarz on October 15, 2026 at 10:26 p.m. CEST, 1.42 percent above the Xetra close of October 14, 2026.
- The P/E ratio was 172.96 on October 15, 2026.
On October 13, TD Cowen reiterated a Buy rating on Axon Enterprise and an USD 825.00 price target in a report titled Ahead of the Curve, according to Investing.com. The target stood 97.75 percent above the Nasdaq price of USD 417.19 on October 15, 2026. Axon Enterprise stock was trading at EUR 371.70 at Lang & Schwarz on October 15, 2026 at 10:26 p.m. CEST, up 1.42 percent versus the Xetra close of October 14, 2026 (EUR 366.50).
Revenue growth remains substantial
Axon reported second-quarter 2026 revenue of USD 904.39 million, an increase of 35.30 percent from the year-earlier quarter. The company also raised full-year 2026 revenue guidance to growth of 32.00 percent to 34.00 percent, according to ScanX.
Price stays below the yearly high
The Nasdaq quote was last at USD 417.19 on October 15, 2026 at 4:00 p.m. ET. The price was 45.40 percent below the 52-week high of USD 764.02 and 23.06 percent above the 52-week low of USD 339.01. Trading volume reached 905,471 shares, compared with average volume of 945,531 shares, a gap of 4.24 percent.
Valuation meets the next date
Axon had a market capitalization of USD 33.9 billion and a P/E ratio of 172.96 on October 15, 2026. The next scheduled quarterly report is November 3, 2026, after the market close, according to MarketBeat.
Comparison with peers
Axon Enterprise (Nasdaq, USD): plus 1.42 percent, P/E 172.96, market capitalization USD 33.9 billion
Moog (NYSE, USD): minus 1.38 percent, P/E 31.02, market capitalization USD 11.6 billion
HEICO (NYSE, USD): plus 3.37 percent, P/E 51.44, market capitalization USD 43.0 billion
Trading context
Axon's current market picture combines a high earnings multiple with strong reported revenue growth and a target that sits well above the latest Nasdaq price. The November 3 reporting date gives investors the next scheduled point for testing whether the raised revenue outlook is translating into sustained earnings progress.
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 15, 2026, 10:26 p.m. CEST): EUR 371.70
- Change versus Xetra close: plus 1.42 percent
- Xetra close (October 14, 2026): EUR 366.50
- Market capitalization: USD 33.9 billion (as of October 15, 2026)
- 52-week range: USD 339.01-764.02 (as of October 15, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report Nasdaq Composite.
