Needham analyst Scott Berg maintained a Buy rating on Axon Enterprise (NASDAQ:AXON) on Tuesday, setting a price target of $250, which is approximately 49.33% above the present share price of $167.41.
Berg expects Axon Enterprise to post earnings per share (EPS) of -$0.72 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Axon Enterprise, with an average price target of $250.
The analysts price targets range from a high of $250 to a low of $250.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $218.8 million and a net profit of -$93.69 million. The company's market cap is $10.99 billion.
According to TipRanks.com, Needham analyst Scott Berg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.4% and a 68.88% success rate.
Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. It operates through the TASER Weapons and Software and Sensors segments. The TASER Weapons 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.