AX

Axon Enterprise IncNASDAQ AXON Stock Report

Last reporting period 30 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

29.751

Large

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Axon Fair Value

AX

The fair market value of AXON stock is 549.66 USD. Relative to the market price of 612.425 USD Axon is overvalued by 32.7%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 32.7%
549.66 USD
AXON Fair Value
612.42 USD
Market price of AXON

Axon Valuation

Current AXON share ticker price is 612.425 USD.

The fair value level of 549.66 USD can be considered as an effective entry point for long-term investors to start investing in AXON stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 10% higher its fair value

Min value

Current price is 51% higher its minimum value

Max value

Current price is 114% lower its maximum value

15.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

AXON stock is overvalued

It means the current price may concern as a Risky Entry Point

Axon Enterprise Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

228.62

2

Median P/E over 5 years

95.81

3

Minimum P/E over 5 years

52.28

4

Earning per share (last 12 months)

5.74 USD

Maximum value

1

x

4

=

1 311.57 USD

Fair value

2

x

4

=

549.66 USD

Minimum value

3

x

4

=

299.94 USD

Axon Enterprise Inc price metrics

56.5

Annual return (geometric mean)

48.94

Risk (standard deviation) of returns

β

0.98

Beta (volatility compared to market)

It means that AXON stock is less volatile than the broader market

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View Section: Profitability