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Stock impact report

This AI Stock Is Up 2,000% in 10 Years. It Could Still Soar 103%, Says a Wall Street Analyst (Hint: Not Nvidia or Palantir) [Globe and Mail, The (Toronto, Canada)]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Axon is the market leader in Tasers, body cameras, and digital evidence management software, and it's integrating AI into its product ecosystem. Wall Street expects Axon's adjusted earnings to increase at 24% annually through 2027, making the current valuation of 59 times earnings tolerable. Axon Enterprise (NASDAQ: AXON) shares have advanced 2,000% over the past decade. But every Wall Street analyst covering the company thinks the stock is deeply undervalued at its current price of $405 per share. The most bearish forecast comes from Andrew Spinola at UBS . In February, he reiterated his target of $570 per share, implying 40% upside from the current price. The most bullish forecast comes from Andrew Sherman at TD Cowen. In April, he reiterated his target of $825 per share, implying 103% upside from the current price. Axon has not performed as well as Nvidia and Palantir in recent years, but the company is integrating artificial intelligence into its product ecosystem, and Show less Read more
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