AXON Stock Forecast 2024, 2025 and 2030
AXON Stock Forecast 2024: Latest Price
Article Coverage: AXON Stock Performance, Latest AXON News, Aggregated Forecasts, AXON Latest Production Update, Reasons to Buy or Sell AXON Stock, AXON Investor Day Analysis, FAQs and Other detailed analysis.
Axon Enterprise, Inc. (AXON) is a publicly-traded company that develops and manufactures body-worn cameras, Tasers, and other products for law enforcement and public safety. The company’s common stock is traded on the Nasdaq Global Select Market.
AXON Stock Performance in the Last 12 Months
| Last 5 Days | +13.0% |
| Last 1 Month | +21.9% |
| Last 6 Months | +43.0% |
| Last 12 Months | +39.3% |
What are the Signals and Predictions?
| Overall Outlook | Partially Bullish |
| 1. Market's Wisdom | Partially Bullish |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Buy |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
In the next few hours, the overall sentiment for AXON stock price is Partially Bullish. The first level of support for AXON is at $286.02 while the first level of resistance for AXON Price is at $292.26. A breakout above its initial resistance is likely to draw in more buyers. The next level of resistance level at $298.50 may be retested or surpassed if buying pressure intensifies. The Signals Table above encompasses other factors including social media.
Summary: Partially Bullish
| Technical Indicators: | Strong Buy | Buy: (5) | Sell: (2) |
| Moving Averages: | Neutral | Buy: (4) | Sell: (4) |
Oscillators
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 34.17, which indicates that the AXON market is in a Buy position.
The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at -4.2051, which indicates that the AXON market is in a Buy position.
| Name | Value | Action |
|---|---|---|
| RSI | 34.17 | Buy |
| CCI | -106.44 | Buy |
| Awesome Oscillator | -14.05 | Buy |
| Momentum | -38.87 | Sell |
| MACD | -4.2051 | Buy |
| StochRSI | -1.85e-14 | Buy |
| Williams’ %R | -95.07 | Sell |
| Ultimate Oscillator | 34.11 | Neutral |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA (10) | 299.58 | Sell |
| SMA (50) | 308.00 | Sell |
| SMA (100) | 287.55 | Buy |
| SMA (200) | 251.30 | Buy |
| EMA (10) | 297.55 | Sell |
| EMA (50) | 301.11 | Sell |
| EMA (100) | 287.23 | Buy |
| EMA (200) | 264.04 | Buy |
Pivot Points
Based on today's classical pivot point (P) with the value of $289.50, AXON has support levels of $286.02, $283.26, and the strongest at $279.78. Similarly, AXON resistance levels are at $292.26, $295.74, and $298.50.
| Classic | |||||||
|---|---|---|---|---|---|---|---|
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| $279.78 | $283.26 | $286.02 | $289.50 | $292.26 | $295.74 | $298.50 | |
- RSI - Relative Strength Index
- CCI - Commodity Channel Index
- MACD - Moving Average Convergence Divergence
- SMA - Simple Moving Average
- EMA - Exponential Moving Average
AXON Stock Predictions 2024: Analysts
| AXON Target Price | $257.9 |
| Barclays | $296 |
| Needham | $240 |
| JP Morgan | $285 |
| Credit Suisse | $300 |
| Goldman Sachs | $263 |
Read Other Stock Forecasts here
AXON Stock Forecast 2024, 2025 and 2026
| Axon Price Prediction 2023 | $289 |
| Axon Price Prediction 2024 | $308 |
| Axon Price Prediction 2025 | $381 |
| Axon Price Prediction, Next 24 Hours | $286 - $292 |
| Axon Price Prediction, This Week | $282 - $300 |
AXON Stock Forecast: Will AXON reach $250 in 2024?
It is impossible to say for certain whether AXON will reach $250 in 2024. However, based on its current valuation and growth prospects, it is possible that the stock could reach this level.
AXON is a leading provider of body-worn cameras and other technology for law enforcement. The company has been growing rapidly in recent years, and its revenue is expected to reach $1.2 billion in 2023. AXON is also expanding into new markets, such as corrections and public safety.
If AXON can continue to grow at its current pace, it is possible that the stock could reach $250 in 2023. However, there are also some risks to consider. For example, the company faces competition from other body-worn camera vendors. Additionally, the stock market is volatile, and AXON’s share price could be affected by factors beyond its control.
Overall, it is too early to say for certain whether AXON will reach $250 in 2024. However, the company is well-positioned for growth, and the stock could reach this level if it can continue to execute on its plans.
AXON Stock Price Prediction: How High Will AXON Go in 2024?
It is difficult to say how high AXON will go in 2024. However, based on the factors mentioned above, it is possible that the stock could reach $250 or even higher.
Here are some additional factors that could affect AXON’s stock price in 2024:
- The outcome of any lawsuits or regulatory investigations involving AXON.
- The company’s ability to maintain its strong relationships with law enforcement agencies.
- The overall performance of the stock market.
Ultimately, the price of AXON stock will be determined by the forces of supply and demand. If there is more demand for the stock than supply, the price will go up. Conversely, if there is more supply than demand, the price will go down.
It is important to remember that investing in stocks is a risky proposition. There is no guarantee that AXON will reach $250 in 2024, or any other price.
Is AXON a good stock to buy?
Whether or not AXON is a good stock to buy depends on your individual investment goals and risk tolerance.
AXON is a top supplier of body-worn cameras and other law enforcement gear. The company has experienced recent significant growth, and in 2024, it is anticipated that its revenue will exceed $1.2 billion. AXON is also breaking into new markets, such public safety and corrections.
AXON, on the other hand, is a growth stock, making it more volatile than some other kinds of equities. In the short term, the stock price is therefore more likely to go up and down.
AXON can be a smart investment for you if you want to make long-term investments and are tolerant of risk. However, you might want to think about investing in a different stock if you want to make short-term investments or you don’t feel comfortable taking on risk.
AXON Prediction 2024: Reasons Not to Buy AXON Stock
Here are some of the reasons why investors might not want to buy AXON stock:
- High valuation: AXON stock is currently trading at a high valuation. This means that investors are paying a premium for the stock, which could make it a risky investment.
- Competition: AXON faces competition from other body-worn camera vendors, such as TASER International and Vievu. This competition could drive down prices and make it difficult for AXON to maintain its margins.
- Regulatory risk: AXON’s business is subject to government regulation. Changes in regulations could impact the company’s operations and financial performance.
- Product liability risk: AXON’s products could be subject to product liability lawsuits. These lawsuits could be costly and could damage the company’s reputation.
- Public scrutiny: AXON’s products have been the subject of public scrutiny, due to concerns about their use by law enforcement. This scrutiny could hurt the company’s sales and reputation.
Overall, AXON is a well-positioned company with strong growth prospects. However, there are also some risks associated with investing in AXON stock.
AXON Stock Forecast: Frequently Asked Questions (FAQ)
Should I buy AXON Stock Now?
Whether or not you should buy AXON stock now is a decision that only you can make. We cannot give you financial advice.
Will AXON Stock Go Up?
Whether or not AXON stock will go up is a question that can only be answered by time. There are a number of factors that could affect the stock price, including:
- The company’s financial performance
- The overall performance of the stock market
- Investor sentiment
- Competition
- Regulatory risk
How much will AXON Stock be worth in 10 Years?
It is impossible to say for certain how much AXON stock will be worth in 10 years. The price of the stock will depend on a number of factors, including the company’s financial performance, the overall performance of the stock market, and investor sentiment.
However, based on the company’s current valuation and growth prospects, it is possible that the stock could reach $350 in 10 years.
What is the best time to invest in AXON Stock?
There is no one-size-fits-all answer to this question, as the best time to invest in AXON stock will vary depending on your individual circumstances and investment goals.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.