SCOTTSDALE, Ariz. , Oct. 24, 2024 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced that it will report third quarter 2024 financial results after the market closes on Thursday, November 7, 2024.
FAA Waiver Allows Campbell PD to Deploy DedroneBeyond for Drone-Agnostic Day and Night DFR Operations Without a Visual Observer SCOTTSDALE, Ariz. , Oct. 18, 2024 /PRNewswire/ -- Axon (Nasdaq: AXON), the global leader in public safety technologies, today announced that the Campbell Police Department in California received a groundbreaking waiver from the Federal Aviation Administration (FAA) for...
Axon has demonstrated strong growth, with a 70% stock gain year-to-date. The Draft One AI product is a game-changer, generating $100 million in pipeline within three months and offering a 2320% annualized ROI. We maintain a Buy rating with a 1-year price target of $550, indicating a 30% upside from current levels.
The company's SaaS segment is rapidly growing, contributing to higher recurring revenues and the potential for increased stock valuations as the mix shift turns towards the cloud. Despite high valuation metrics, Axon's innovative AI applications and sizable addressable market justify the investment for aggressive growth investors willing to accept moderate risks. Risks include potential AI erro...
On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top performers on the S&P 500 over the past three months, including Kellanova, GE Vernova and Palantir.
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