Axon surges on strong FY25 rev forecast, Q4 earnings beat

Axon Enterprise

26/02/2025 09:46

** Axon Enterprise AXON.O jumps 17.2% to $582.08 premarket

** Law enforcement tech maker expects FY25 rev between $2.55 bln-$2.65 bln, the midpoint of which is higher than analysts' estimate of $2.55 bln, according to data compiled by LSEG

** Reports Q4 adj EPS at $2.08, ahead of estimated $1.40

** Posts Q4 rev at $575 mln, beating estimates of $566 mln

** Stock rated "buy" on avg; median PT is $676.31 - LSEG

** AXON had gained more than 130% in 2024

 (Reporting by Sanchayaita Roy in Bengaluru)

 ((sanchayaita.roy@thomsonreuters.com))