Axon Enterprise Shares Surge on Strong Earnings and Optimistic Outlook

Axon Enterprise (AXON) witnessed a 16% stock surge to record highs after surpassing earnings expectations and raising its full-year guidance. The public safety technology firm posted adjusted EPS of $2.12 against $1.44 estimates, with revenue climbing 33% YoY to $668.5 million—marking its 14th consecutive quarter above 25% growth.

Software & Services revenue jumped 39% to $292 million, fueled by adoption of digital evidence management and VR training tools. Connected Devices revenue ROSE 29% to $376 million, driven by TASER 10 demand. The company now forecasts 2025 adjusted EBITDA of $665M-$685M, up from $650M-$675M.

CEO Rick Smith highlighted traction across AI, drones, and next-gen TASER devices. The stock’s 46% year-to-date gain dwarfs the S&P 500’s 7% rise, reflecting investor confidence in Axon’s tech-driven public safety ecosystem.