Axon Enterprise, Inc. Common Stock
AXONAxon Enterprise, Inc. develops and supplies conducted energy weapons, body cameras, and digital evidence management systems primarily for law enforcement agencies. Originally founded as Taser International, the company is known for its innovative public safety technology aimed at improving officer safety and community trust.
Company News
Mittelman Wealth Management initiated a new $11.41 million position in Evolv Technologies, representing 7.47% of its reportable assets, signaling potential interest in the AI-based security screening company with promising growth metrics.
Axon Enterprise reported Q3 earnings with strong revenue growth of 30.6% but missed profit expectations due to tariff-related cost pressures, causing a significant stock price decline.
Axon Enterprise reported mixed Q3 financial results, with revenue beating estimates but earnings per share falling short. The company announced an acquisition of Carbyne, an emergency response platform, causing shares to drop significantly in after-hours trading.
The global body worn camera market is projected to grow from USD 8.2 Billion in 2024 to USD 28.2 Billion by 2034, driven by increasing demand for transparency, accountability, and technological innovations in law enforcement and security sectors.
The Vanguard Small-Cap Growth ETF (VBK) provides broad exposure to the small-cap growth segment of the US equity market. It has low costs, diversified holdings, and a medium risk profile, making it a suitable option for investors seeking exposure to this market segment.
