AXON

Axon Enterprise Inc

TMT


Presented:05/19/2023
Price:$196.86
Cap:$14.55B
Current Price:$434.12
Cap:$32.81B

Presented

Date05/19/2023
Price$196.86
Market Cap$14.55B
Ent Value$16.23B
P/E Ratio104.54x
Book Value$18.99
Div Yield0%
Shares O/S73.89M
Ave Daily Vol1,142,882
Short Int2.89%

Current

Price$434.12
Market Cap$32.81B
Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. It operates through the TASER segment and Software and Sensors segment. The TASER segment sells conducted electrical weapons, accessories, and other related products and services. The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ.

Publicly traded companies mentioned herein: Axon Enterprises Inc. (AXON)

Highlights

The presenter is short Axon Enterprise Inc (AXON), the leading manufacturer of tasers and sensors, such as body cameras and fleet cameras, related software, and storage. His short thesis is driven by the company’s strong multi-year performance (shares up 170% since COVID, YE 2019, and 8X since 2017) resulting in today’s premium valuation of 38x and 60x consensus EBITDA and EPS, respectively. He notes that the company has been a major beneficiary of unprecedented government spending on law enforcement safety issues and that future business trends could be much less robust and far more challenging. The bulls look to the company’s strong market position, deep customer relationships, new products, cross sell opportunities and a SaaS transition, while the presenter sees the stock as priced to perfection.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.