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Stock impact report

Taser-maker Axon pops 18% as AI boosts demand for its software tools [CNBC]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: CNBC
The company is aggressively infusing AI into more technology, including body cameras and license plate readers. Finance chief Brittany Bagley said Axon expects its software business to soon outpace hardware growth due to AI. In this article Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Axon Enterprise 's stock surged more than 18% after the maker of Tasers, body cameras and drones topped Wall Street's fourth-quarter estimates as artificial intelligence accelerated demand for its software products The company reported adjusted earnings of $2.15 per share on $797 million in revenue, surpassing the $1.60 per share and $755 million in revenue expected by analysts surveyed by LSEG. Axon also issued upbeat revenue guidance for 2026, calling for growth between 27% and 30%, compared to a 25.8% estimate. CEO Rick Smith said that since starting the company in 1993, AI has brought a “moment unlike anything” he has seen. “If we deploy AI more aggressively and more th Show less Read more
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