Bullish Big Money Buying Axon

AXON provides equipment, training, and related services for personal defense, including TASER devices, body cameras, training, and more, along with digital evidence solutions. Its customers are primarily law enforcement agencies. The business is growing as greater adoption of its software, acquisitions, and new lines of business, like drones, open more possibilities for the company.

Financially, AXON’s first-quarter fiscal 2025 report showed a 31% jump in year-over-year revenue, to $604 million. Annual recurring revenue was $1.1 billion, marking a 34% jump from the year prior. Adjusted gross margin was 63.6% and the company guided higher, indicating 2025 revenue will be up to $2.7 billion and adjusted EBITDA up to $675 million.

No wonder AXON shares are up 30% this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.

Axon Eyed by Big Money

Institutional volumes reveal plenty. In the last year, AXON has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in AXON shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of industrials names are under accumulation right now. But there’s a powerful fundamental story happening with Axon.

Axon Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, AXON has had strong sales and earnings growth:

• 3-year sales growth rate (+34.1%)
• 3-year EPS growth rate (+62.7%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +24.1%.

Now it makes sense why the stock has been generating Big Money interest. AXON has a track record of strong financial performance.

Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.

Axon has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It made the rare Outlier 20 report multiple times in the past year. The blue bars below show when AXON was a top pick…boosted by Big Money:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Axon Price Prediction

The AXON action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in AXON at the time of publication.

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