Axon Enterprise, Inc. — Intrinsic Value & Fair Price

AXON

NASDAQIndustrialsAerospace & DefenseCIK 0001069183axon.comAbout AXON

Valuation grade ?D

Quant grade ?C

Last close · Oct 30, 2026427.77−10.28 (−2.35%)

Valuation models

price $427.77 · as of Nov 2, 2026

P/E · peersused85.18 – 93.1589.19380% overvalued P/E · own history504.08 – 1,147.02614.0430% undervalued PEG—192.07123% overvalued EV/EBITDA · peers45.81 – 50.1949.26768% overvalued EV/Revenue · peers98.65 – 153.76114.82273% overvalued Earnings power value3.37 – 5.284.1810134% overvalued Wall St. consensus target—657.5035% below Cost of capital (WACC)—9.96%—

P/E · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero). How the headline model is chosen. The price is 380% above the model value: the models see only the filed business, and a company priced on businesses with no revenue line yet is better taken apart, as Tesla is.

engine build:07a9d3f952ed

Model value · P/E · peers

89.19

Axon Enterprise closed at $427.77 — overvalued by 380% vs model.

85.18the model's range93.15

P/E · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero). From its peers' median P/E.

Other models

4.18 – 614.04

Wall St. target

657.50 35% below

Above model, 1y

30 of 30 days

How it is valued

Valued asHigh growth

High revenue growth (~33% recent)Thin margins (4.5% net margin)Highly cyclical earnings

What growth the price implies: the reverse DCF

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.