Axon Enterprise lowered its 2026 revenue forecast to $3.61-$3.63 billion on November 5, removing about $130 million due to delays in three Federal Dedrone counter-drone deployments. This revision followed an August 5 forecast increase to 32%-34% growth, which was later adjusted down to around 30%. The stock price fell after the announcement, prompting a securities investigation into whether Axon misled investors about the timing of these deployments. Shareholders who suffered losses from the guidance cut are encouraged to seek legal advice to explore potential recovery options.
Axon Enterprise has a market cap of $31.08 billion and an enterprise value of $32.22 billion as of November 7, 2026, 08:51 WIB. On Pluang, the stock price is USD 313.00, down 18.18% in one day, with a high volume of 3,579,732 shares traded. Despite the recent drop, Pluang order activity shows 86% of investors are buying, holding shares typically for 21 days.
Axon Enterprise made its largest-ever investment by committing $1.2 billion to private drone maker Skydio, increasing its stake to 37% and becoming Skydio's exclusive public safety distributor in the U.S. and Canada. This move supports Axon's vision ...
Axon announced a $1.2 billion investment in Skydio, increasing its ownership stake by about 20% at a $5.2 billion valuation. This deal makes Axon the exclusive distributor of Skydio drones for public safety agencies in the U.S. and Canada, expanding ...
