Axon Enterprise Stock Price, News & Analysis

Axon (Nasdaq: AXON), the global public safety technology leader, has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, after market close. The company will host a live Zoom video webinar to discuss financial results at 5 p.m. ET, followed by a Q&A session.

Additionally, Axon announced its participation in several upcoming technology and investment conferences in May and June 2025, including events hosted by Needham, J.P. Morgan, TD Cowen, Baird, and William Blair.

Axon (NASDAQ: AXON) has announced significant expansions to its public safety technology ecosystem. The company introduced two new fixed intelligent ALPR cameras - Axon Outpost and Axon Lightpost - complementing their Fleet 3 system to create a comprehensive vehicle recognition solution.

The company launched Axon Assistant, an AI voice companion for Axon Body 4, providing officers with hands-free access to real-time translation, policy guidance, and general information. Additionally, Axon revealed a strategic partnership with Ring, enabling Ring customers to voluntarily share relevant video footage with law enforcement.

The expansion includes a new Works With Axon certified partner program, allowing third-party camera integration through Axon Fusus, creating an interoperable public safety network.

Axon Enterprise (NASDAQ: AXON) has announced private exchange agreements with certain holders of its 0.50% convertible senior notes due 2027. The company will exchange approximately $407.5 million in aggregate principal amount of Notes for a combination of cash and common stock.

Based on Axon's March 6, 2025 closing price of $499.31, the company expects to issue around 1.0 million shares of common stock. The cash portion will cover the principal amount and accrued unpaid interest. After the exchanges, expected to close around March 13, 2025, approximately $282.5 million of Notes will remain outstanding.

The hedged holders are expected to unwind their positions by purchasing Axon stock or adjusting derivative transactions, which could significantly impact the stock's market price due to substantial trading volume relative to historical averages.

Axon (NASDAQ: AXON) has successfully priced an upsized offering of senior notes totaling $1.75 billion, consisting of:

• $1 billion of 6.125% Senior Notes due 2030
• $750 million of 6.250% Senior Notes due 2033

The offering, increased from the initially announced $1.5 billion, is expected to close on March 11, 2025. The notes will be general senior unsecured obligations, with interest payable semiannually starting September 15, 2025. The company plans to use the proceeds for general corporate purposes, including potential repurchase of its 0.50% Convertible Senior Notes due 2027, supporting growth, and potential acquisitions or investments in products and technologies.

Axon Enterprise (NASDAQ: AXON) has announced plans to offer $1.5 billion in senior notes through a private offering, consisting of notes due in 2030 and 2033. The offering will be exempt from Securities Act registration requirements and available only to qualified institutional buyers and non-U.S. persons.

The notes will be general senior unsecured obligations of Axon, initially without subsidiary guarantees. The company plans to use the proceeds for general corporate purposes, including potential repurchase of its 0.50% Convertible Senior Notes due 2027, supporting growth initiatives, and possible acquisitions of product lines, products, services, or technologies.

Axon reported strong financial results for 2024, with revenue growing 33% to $2.1 billion, marking its third consecutive year of 30%+ annual growth. The company achieved $377 million in net income with an 18.1% margin.

Key highlights include:

• Cloud & Services revenue grew 44% to $806 million
• Annual recurring revenue increased 37% to $1.0 billion
• Total future contracted bookings reached $10.1 billion
• Shipped over 200,000 TASER devices, 300,000 body cameras

For 2025, Axon projects revenue between $2.55-2.65 billion, representing approximately 25% growth. The company made significant advances in AI-powered solutions, real-time crime center technology, drone operations, enterprise collaboration, and mobile-first policing. Axon's total addressable market has expanded to $129 billion, with major growth opportunities in international governments ($32B), enterprise ($23B), and AI solutions ($17B).

Axon (NASDAQ: AXON) has announced it will release its fourth quarter 2024 financial results after market close on Tuesday, February 25, 2025. The company will host a live Zoom video webinar to discuss the results at 5 p.m. ET on the same day.

The webinar will include a Q&A session and will be accessible through Axon's investor relations website. Additionally, the company has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference on Monday, March 3, 2025.

Loomis US is deploying over 2,000 Axon Body 4 cameras to its vehicle armored service technicians nationwide, along with licenses to Axon Evidence digital management system. The implementation aims to enhance safety, provide real-time situational awareness, and improve transparency in pick-up and deliveries. Early trials have demonstrated increased client visibility and reduced claim errors. Loomis, with nearly 200 branch locations, 11,000 employees, and 3,300+ vehicles, will use the technology to improve route efficiency and provide seamless evidence sharing with law enforcement when needed.

Axon (AXON) has won a competitive contract to supply the Royal Canadian Mounted Police (RCMP) with Axon Body 4 body-worn cameras and Axon Evidence digital management system. The deployment will equip over 10,000 RCMP officers across Canada's rural, urban, and remote locations. The Axon Ecosystem provides seamless integration between hardware and software, featuring AI-powered tools for efficient evidence management, automatic video uploads to secure cloud storage, and advanced features for quick location, transcription, and redaction of critical footage.