Senior Mechanical Design Engineer 2

Axon's Dedrone business just topped $100 million. Here's what it means. Last updated Aug 29, 2026 Key stats for AXON Stock. * Past week performance: 0.5% * 52-week range: $339.01 to $792.16 * Valuation model target price: $683 * Implied upside: 13.7% over 2.3 years Record Growth, Measured Reaction. Axon (AXON) has been roughly flat this week, but that quiet trading masks a stock still digesting one of its strongest quarters on record. Shares sit well below their 52-week high of $792.16, even after the company beat estimates and raised guidance in early August. Q2 revenue jumped 35% year over year to $904 million, marking Axon's tenth straight quarter of growth above 30%. Adjusted EPS came in at $1.88, and management raised full-year revenue growth guidance to 32% to 34%, up from 30% to 32% previously. Annual recurring revenue reached $1.6 billion, up 39%, and net revenue retention held at 126%. The standout story was Dedrone, Axon's counter-drone business, which surpassed $100 million in quarterly revenue for the first time after supporting all 11 U.S. World Cup stadiums. That pushed Platform Solutions revenue up 123% to $150 million. Software and services revenue grew 36% to $398 million, and the AI Era Plan surged nearly 700% year over year. CEO Rick Smith seemed genuinely surprised by the momentum on the earnings call. He said, "I was just looking at the numbers, thirty-nine percent. Wow," referring to Axon's annual recurring revenue growth. Insider sales during the quarter included routine transactions by Smith and other executives. Those sales occurred under prearranged trading plans and drew some attention from investors. They reflect normal diversification rather than a change in the company's outlook. If AXON stock stays this quiet while fundamentals keep improving, the gap between price and performance could eventually close. Is Axon Stock Still a Bargain After This Run? Under valuation model assumptions realized through 12/31/28, the stock is modeled using: * Revenue Growth (CAGR): 30.8% * Operating Margins: 6.0% * Exit P/E Multiple: 66.9x Based on these inputs, the model estimates a target price of $683, implying 13.7% total upside from the current share price and an annualized return of 5.6% over the next 2.3 years. That annualized return sits below the 9% threshold many investors use to call a stock moderately attractive, so Axon's valuation leaves less room for error than its growth headlines suggest. The stock's NTM P/E of about 67x already prices in years of continued expansion, and its LTM EBIT margin of just 1.7% shows profitability still has a long way to catch up to revenue growth. Product mix is the key swing factor. A greater share of services and new hardware, including Dedrone and body cameras, has weighed on adjusted gross margin, which slipped 40 basis points to 62.9% this quarter. Software-only margins remain above 80%, so the mix shift, not underlying unit economics, explains the pressure. Compared with its own five-year history, where EBITDA CAGR ran at 45.1%, Axon's current growth pace is actually accelerating even as margins compress. That combination is why the stock trades at a premium multiple despite a modest projected annualized return. Axon Versus Public Safety Peers: Motorola Solutions and L3Harris. Axon's closest public safety comparison is Motorola Solutions (MSI), a much larger and more mature player in radios, dispatch software, and video security. Motorola trades at a forward P/E near 28x with revenue growth around 8% to 9%, a fraction of Axon's forward two-year revenue CAGR of 31.3%. Axon's NTM P/E of roughly 67x more than doubles Motorola's multiple, reflecting the market's bet that Axon's AI-driven platform can keep compounding faster for longer. L3Harris Technologies (LHX), a defense and public safety technology provider, trades at a forward P/E near 18x with revenue growth closer to 4% to 5%. Both peers grow far slower than Axon, but they also carry thinner premiums, which highlights how much of Axon's valuation depends on sustaining its current growth rate. Axon's moat comes from its integrated ecosystem, spanning TASER devices, body cameras, cloud software, and counter-drone technology, all sold to the same public safety customers. That bundling makes it harder for point solution competitors to displace Axon once an agency is onboarded. What's Driving AXON Stock Going Forward? Federal expansion is the clearest near-term catalyst. Axon was named a participant in the $1.5 billion Department of Homeland Security counter-UAS program, and management expects federal momentum to build further as Dedrone deployments extend beyond stadium security into data centers and corporate campuses. International and enterprise bookings are also accelerating, with both categories roughly tripling year over year in Q2. Three of the top five AI Era Plan deals closed internationally, suggesting Axon's platform is resonating well beyond its traditional U.S. law enforcement base. Future contracted bookings rose 41% to $15.1 billion, and management expects five-year normalized bookings growth to stay above 30% into 2026. That backlog gives investors visibility into revenue well beyond the current quarter. Management also flagged Q4 as typically its strongest seasonal quarter, similar to 2025 patterns, so investors should expect growth and bookings momentum to build further into year-end. Should You Invest in Axon? The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question. Pull up AXON, and you'll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Record Growth, Measured Reaction * Is Axon Stock Still a Bargain After This Run? * Axon Versus Public Safety Peers: Motorola Solutions and L3Harris * What's Driving AXON Stock Going Forward? * Should You Invest in Axon? * Disclaimer: General Investing Earnings Updates Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.

Axon Enterprise (NASDAQ: AXON) CPO sells $6 million in stock under pre-scheduled trading plan. Axon Enterprise, Inc. (NASDAQ: AXON) Chief Product and Technology Officer Jeffrey C. Kunins sold 9,605 shares of common stock on August 21, 2026, according to a SEC Form 4 filing. The transaction carried a total value of approximately $6.0 million, executed at a weighted-average sale price of $626.70 per share on that date. The sale was conducted under a Rule 10b5-1 trading plan that Kunins adopted on May 22, 2026, a mechanism that allows corporate insiders to schedule trades in advance and reduce concerns about trading on material non-public information. The shares disposed of were originally issued to Kunins upon the settlement of vested restricted stock units, making the transaction a routine feature of executive equity compensation management. Following the sale, Kunins retains approximately 184,000 shares in total, with 97,761 held directly and 86,268 held indirectly through an LLC of which he is the sole member. The disposed shares represented just 5% of Kunins' total equity holdings in the company, suggesting the transaction reflects personal liquidity planning rather than a directional bet against the stock. At the August 21 market close of $627.75 per share, Kunins' post-transaction position carries a combined value of approximately $115.52 million, underscoring his continued substantial stake in the business. Axon, founded in 1993 and headquartered in Scottsdale, Arizona, is a market-leading provider of conducted energy weapons and integrated software platforms, employing approximately 5,100 people and generating trailing twelve-month revenues of $3.2 billion. The company's most recent quarterly results showed sales rising 34%, marking its ninth consecutive quarter of 30% or higher revenue growth, while its backlog expanded 44% and its counter-drone business saw sales more than quadruple. Despite that operational momentum, AXON shares have posted a one-year return of negative 18% as of the transaction date, even as the stock commands a valuation of roughly 80 times forward earnings. Axon carries a market capitalization of $50.6 billion, with trailing twelve-month net income of $199.6 million, reflecting the premium investors have historically assigned to its dominant position in non-lethal force technology. One area of ongoing investor scrutiny is the company's stock-based compensation, with Axon's share count rising at an annual rate of approximately 5% over the past decade, which could weigh on returns if revenue growth moderates. However, the company has yet to show any meaningful deceleration in growth, maintaining its leadership across TASER devices and its Software and Sensors segments serving domestic and international law enforcement agencies. For investors watching insider activity, Kunins' pre-scheduled, plan-governed sale of a relatively small slice of his holdings offers little signal of concern about Axon's near-term trajectory or competitive standing.

Fighting over Flock | Inquirer Greater Abington. Plus, a quaint Jenkintown alley sees a business boom. by Laura Smythe, Staff Published Aug. 25, 2026, 5:45 a.m. ET The Abington Township Police Department is ending its contracts with controversial surveillance company Flock Safety after data was leaked about searches from Abington - and Cheltenham, too. The township will decide Thursday whether to replace the Flock network with a five-year contract with Axon Enterprise, another surveillance vendor. Also this week, under-the-radar Jenkintown alley Yorkway Place is experiencing an unexpected business boom, and Willow Grove Park Mall is in the process of being sold to a group of New York-based buyers. P.S. Pat Garrett love hearing all of your questions about town! Submit any queries you might have about the region to Curious Greater Abington, and Pat Garrett'll see if its journalists can dig up some answers to the local mysteries that keep you up at night. Inquirer Greater Abington Want to get Inquirer Greater Abington straight to your inbox every week? Sign up here for its guide to the news, stories, and events shaping life in your community. The Abington Township Police Department is ending its contracts with surveillance startup Flock Safety after thousands of its searches leaked to the public. Additional Flock searches went public from Cheltenham - where law enforcement doesn't hold Flock contracts, but can access the national network through subscriptions held by local businesses. Flock cameras log license plates and vehicle features such as bumper stickers for every passing car, and employ AI to identify cars that often travel together. The network of public and private cameras enables police to search for vehicles by behavior rather than plate number. Now, as surveillance regulations face national scrutiny, Abington will vote Thursday on whether to replace Flock with a five-year contract with Axon Enterprise, another surveillance camera system. Community news. * Yorkway Place, the secluded, 1930s Tudor-lined alley in the heart of Jenkintown, is experiencing a business renaissance thanks in part to a meadery there. * Cheltenham residents voiced concerns at last week's commissioners' meeting over their lack of input in the township's Melrose pool project, which a private company is developing. New plans for the controversial $4.5 million mixed-use development indicate more than two dozen more houses than originally proposed. * A group of New York firms is buying the Willow Grove Park Mall. The pending deal is among the latest shakeups to greater Philadelphia's 17 malls amid the retail sector's 21st-century evolution. * SEPTA's new bus network is officially here. Check out its tool to figure out how the system update will impact your next jaunt around the region. * A casino cleaner looking to support his daughter, a home health aide trying to pay rent, and a Philadelphia police officer were among recent plasma donors at the Wyncote location of B Positive Plasma, which is on track to see a record year as area residents try to make ends meet. * The fifth-annual Montco Jazz Fest will bring outdoor concerts to parks across the county next month, including in Wyncote. * A lane will be closed through Friday from 8 p.m. to 5 a.m. on Church Road between Township Line Road and Route 73 in Cheltenham Township for paving. During the same time frame, utility adjustments and milling will close a lane along Ashbourne Road, Montgomery Avenue, and Central Avenue between Washington Lane and Route 73, and again between 9 a.m. and 3 p.m. * Cheltenham police are advising residents to keep small pets indoors after multiple reports of an aggressive coyote in Wyncote. They also say to avoid the animal if seen. Schools briefing. * The 2026-27 academic years for the Cheltenham and Jenkintown school districts begin Monday. * In case you missed it, the Cheltenham school board appointed veteran administrator Chris McGinley as interim superintendent through the end of the 2026-27 school year. * Five of the people criminally charged in relation to two assaults in Cheltenham High's locker room last year face a preliminary hearing on Thursday. On its plate. * Fast-growing chain 7 Brew Coffee is seeking Montgomery County's approval for two proposed locations: one in Wyncote at 1000 S. Easton Rd. and another in Willow Grove at 1130 Easton Rd. * Speaking of 7 Brew, investors in the food and beverage space are keen to pinpoint the next category that could rise to the level of popularity of the Arkansas-based coffee chain, and bagels might just check that box, The Inquirer's Michael Klein writes. He takes a look at the "bagel boom" hitting greater Philadelphia as a PopUp Bagels franchisee scouts potential Montgomery County locations. * Rob Woloshin, owner of Manny's Deli Stop in Willow Grove, talked to Klein about visiting Steve Stein's Famous Deli - which closed in Northeast Philadelphia over the weekend after more than 60 years - as a child. The stalwart deli informed his own shop's business model. Things to do. Best of the 2000s: Britney Spears, burning CDs, Juicy Couture tracksuits... If these aughts buzzwords piqued your interest, consider joining this trivia night for a dose of nostalgia. Wednesday, Aug. 26, 7 p.m. Pay as you go | King's Corner Pub, Jenkintown High Altitudes and High Stakes: Join this virtual discussion with thriller author Lucy Foley about her newest book, Murder at the Grand Alpine Hotel, which comes out next month and will revive Agatha Christie's iconic Miss Marple character for the first (authorized) time in 50 years. Thursday, Aug. 27, 2 p.m. Free | Virtual, sign up via Abington Township Public Library So Good! The Neil Diamond Experience: Robert Neary, a Broadway, television, and film icon, performs a two-hour tribute to the Grammy-winning singer-songwriter. Thursday, Aug. 27, 8 p.m. $41.71-$116.25 | Keswick Theatre, Glenside Battle of the Breweries: Sample "Cheltenham-inspired" beers from local breweries and cast your vote for the champion at this event, which is part of the Cheltenham Celebrates America 250 lineup. Sunday, Aug. 30, 4 p.m. Pay as you go | Gimbel Field, Elkins Park Philadelphia Flyers' Community Caravan: Beloved mascot Gritty will make an appearance at the Jenkintown stop of the team's 10th annual event, complete with giveaways and bites from local vendors. Monday, Aug. 31, 5:30-7:30 p.m. Pay as you go | Jenkintown Square On the market. Five bedrooms plus a dedicated office space give space for options in this Abington abode, constructed in 1966. It features two full bathrooms, two half bathrooms, a loft-style gym complete with the equipment, and a four-vehicle driveway plus a garage. Vaulted ceilings in the kitchen and living room create an open feel, and out back, there's s a covered lower deck. Price: $600,000 | Size: 2,786 SF | Acreage: 0.29 What other Greater Abington residents are reading this week: By submitting your written, visual, and/or audio contributions, you agree to The Inquirer's Terms of Use, including the grant of rights in Section 10. This suburban content is produced with support from the Leslie Miller and Richard Worley Foundation and The Lenfest Institute for Journalism. Editorial content is created independently of the project donors. Gifts to support The Inquirer's high-impact journalism can be made at inquirer.com/donate. A list of Lenfest Institute donors can be found at lenfestinstitute.org/supporters.