Axon Enterprise: Pullback After Disappointing Earnings – the Ecosystem Continues to Grow. RBC Capital Sees Upside for up to $860 (+53%).

The stock of Axon Enterprise (AXON) has pulled back significantly following the recent quarterly results. Axon's business model is based on an integrated ecosystem of technical products and services for police and security forces as well as for enterprise customers. Key elements include hardware (TASERs, body cameras) and especially software platforms like Evidence.com and now the new AI solutions Prepared and Carbyne, which digitally and AI-supported connect the entire operational chain from emergency call to dispatch control. The largest customers...