Axon Enterprise Inc. (AXON.US) saw its stock price drop on October 2, 2026, despite a positive trend in the overall market. The stock closed at $410.58, reflecting a 1.65% increase for the day. However, it has declined by 0.23% over the past week and 18.82% over the last month. Year-to-date, the stock is down 25.70%.
Investor takeaway: Investors should note how Axon's performance contrasts with broader market trends.
Axon Stock Closed at $410.58 with a Volume of 408,127 Shares
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Axon Enterprise Inc.
AXON.US
AXON.US
Axon Enterprise Inc.
WealthAwesomeMarket cap
$33.45B
P/E
170.9x
52W high
$764.02
52W low
$339.01
1W change
-0.23%
Beta
1.44
Analyst Price Targets
Based on 21 analysts covering AXON · as of Oct 5, 2026
Wall Street analysts forecast AXON stock price to rise 68.2% over the next 12 months.
Consensus
Buy4.33 / 5.00
Avg. Target
C$704.11
+68.2% Upside
Current Price
C$418.62
Last close
Analyst Breakdown (21 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AXON's historical volatility
30-Day Vol
55.0%
Annualized
90-Day Vol
69.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$350.16
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$394.43 | C$326.23 – C$476.88 |
| 60 trading days | C$371.64 | C$284.14 – C$486.08 |
| 90 trading days | C$350.16 | C$252.04 – C$486.47 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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The trading volume was 408,127 shares, which is 1.37 times higher than the 20-day average of 1,081,635 shares.
Axon Enterprise Stock Performance
On October 2, 2026, Axon Enterprise Inc. (AXON.US) closed at $410.58, marking a 1.65% increase for the day. However, this price reflects a significant decline of 18.82% over the past month and a year-to-date drop of 25.70%. The stock is trading well below its 50-day moving average of $529.79 and its 200-day moving average of $496.96, indicating a bearish trend. The stock has a P/E ratio of 170.88, suggesting it is highly valued compared to its earnings.
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Volume Insights and Comparisons
On October 2, Axon traded 408,127 shares, which is 1.37 times the 20-day average volume. This increase in volume indicates heightened investor activity, even as the stock price declined. In the context of the 52-week range, Axon’s current price is 17% above its low of $339.01 and significantly below its high of $764.02, illustrating the stock's volatility and challenges.
What Investors Should Consider Next
Looking ahead, investors may want to watch for upcoming product launches, such as AXON Datum, which could impact future stock performance. Analysts have an average target price of $704.11 for Axon, suggesting a potential upside of 71.5% from the current price. With a market capitalization of approximately $33.45 billion and a profit margin of 6.2%, Axon’s fundamentals indicate potential for growth if it can regain market momentum.
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