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Home/News Feed/Axon shares jump 6% after strong Q2 earnings and raised 2026 revenue outlook

AXON

$615.86

+$0.27 +0.04%

Axon shares jump 6% after strong Q2 earnings and raised 2026 revenue outlook

Company Fundamentals

11 Aug 2026

24/7 Wall Street

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Bullish

Axon Enterprise shares rose 6% to around $634 following a strong Q2 earnings report that beat revenue and EPS estimates. The company reported $904.39 million in revenue, up 35.3% year-over-year, and raised its full-year 2026 revenue growth forecast to 32-34%. Key growth drivers included a 123% increase in Platform Solutions revenue and a nearly 700% jump in AI Era Plan revenue. Analysts responded positively, raising price targets amid expectations for margin recovery in Q4. Despite gains, Axon shares remain down 29% from a year ago, with future earnings revisions potentially driving further stock movement.

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