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Axon cuts 2026 revenue outlook by $130M due to delayed federal counter-drone projects

Market News
13 Nov 2026, 21:00 WIB
PRNewsWire
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Bearish
Axon cuts 2026 revenue outlook by $130M due to delayed federal counter-drone projects

Axon Enterprise announced delays in three federal counter-drone deployments, reducing its 2026 revenue forecast by about $130 million. These delays affect projects within its Federal Dedrone business, leading Axon to lower its revenue outlook to $3.61-$3.63 billion from $3.67-$3.725 billion. The stock price dropped following the announcement, and a law firm is investigating potential securities violations related to the timing of these federal contracts. Investors who suffered losses may be eligible to seek recovery through legal action.

Despite the recent announcement of delays impacting Axon's revenue forecast, the stock price on Pluang was up 1.62% at USD 312.10 as of Nov 14, 2026 02:11 WIB. Axon Enterprise's market capitalization stands at $25.01 billion, reflecting significant investor interest. The typical hold time for AXON shares on Pluang is 21 days, with all recent order activity being buy orders.

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