Axon Enterprise Inc vs Progressive Corp — how do they compare? Axon Enterprise Inc trades at $550 (market cap $44.11B), while Progressive Corp trades at $225.31 (market cap $131.91B). The key difference: Progressive Corp is far larger — about 3× Axon Enterprise Inc's market cap, and Progressive Corp pays a 6.13% dividend while Axon Enterprise Inc pays none. Which is the better fit depends on your goals.
| AXON | PGR | |
|---|---|---|
Market Cap | $44.11B | $131.91B |
Sector | Technology | Financials |
52-Week High | $870.97 | $252.68 |
52-Week Low | $345.94 | $190.40 |
Enterprise Value | $45.20B | $140.14B |
Dividend Yield | — | 6.13% |
Signals from Pluang's Aura AI — not financial advice
Axon Enterprise (AXON) trades at $547.03, down 3.32% on the day, with strong analyst support (81% buy ratings) and a consensus price target of $648.67. The stock shows bullish technical signals with support at $539 and resistance at $553. Recent earnings have been mixed with Q3 2025 missing estimates but Q4 2025 and Q1 2026 beating expectations. Revenue growth remains solid with 2026 projections at $3.0B and net profit margin improving to 6.9%.
Axon presents growth potential driven by strong demand for connected devices and software services, though elevated valuation ratios (P/E 220.67) pose risk. Positive sentiment stems from recent upgrades and institutional interest, including notable insider buying. Key risks include execution challenges and competitive pressures in the law enforcement technology sector.
Progressive (PGR) trades at $234.48, up 1.63% today, near its consensus price target of $240.89. The stock shows strong fundamentals with revenue growth from $49.6B in 2022 to $87.6B in 2025 and a net income margin of 12.93%. Technical indicators are bullish, with the price above key moving averages. Recent news highlights focus on Q2 2026 earnings expectations due July 15, 2026.
Outlook is positive given earnings growth and analyst buy ratings, but risks include potential earnings misses and competitive pressures. The stock offers value with a P/E of 11.93, below industry averages, supporting a bullish view for long-term investors despite near-term volatility.
Trailing returns across standard periods
Axon develops technology and weapons for law enforcement and military use. Its ecosystem includes TASER devices, body cameras, and Evidence.com, a cloud-based platform for digital evidence management.
Read more on AXON →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →