Key Highlights
- In this article, we will summarize the bulls’ thesis on AXON.
- Axon Enterprise, Inc.'s share was trading at $533.21 as of December 1st.
- AXON’s trailing and forward P/E were 170.93 and 68.97 respectively according to Yahoo Finance.
- taser, tazer, gun, law, police, less, weapon, enforcement, cop, lethal, control, electrocute, sheriff Kbiros/Shutterstock. com Axon, the pioneer of non-lethal electric weapons, has built a near-monopoly around its Taser products, which still contribute about 40% of revenue.
- Over the years, the company expanded into adjacent categories such as body-worn cameras, dash cams, and its high-margin cloud software platform, Evidence. com, creating an integrated ecosystem where hardware devices are bundled with multi-year software licenses.
