Axon Enterprise, Inc. (AXON)

NASDAQ · Industrials · market cap 36.17B

Share price

$425.43

At the last nightly close

Intrinsic value

$52.74

Range $52.74 – $64.94 — the conservative figure is the low end.

Margin of safety

-87.6%

($52.74 − $425.43) ÷ $425.43

EV / EBIT

1439.2

On the median operating profit of 15 fiscal years through 2025.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.

The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-26.

Key metrics

Price / earnings176.5
Price / book9.4
EV / EBITDA217.5
FCF / EV+0.1%
Return on equity+6.2%
Return on assets+0.5%
Debt / equity0.50
Gross margin+59.5%

Market position

52-week high$724.10
52-week low$345.94
From 52-week high-41.2%
RSI (14)48.5
200-day moving average$502.32

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2025-FY2.78B-62.1M124.7M1.6075.1M
2024-FY2.08B58.5M377.0M4.98329.5M
2023-FY1.56B156.8M175.8M2.35129.6M
2022-FY1.19B93.0M146.9M2.07179.6M
2021-FY863.4M-168.1M-60.0M-0.9174.6M

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedNovember 3, 2026
Consensus EPS estimate1.90

Recent news

The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on AXON.

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.