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Why Axon Enterprise Stock Dipped Today


Shares of Axon Enterprise (NASDAQ: AXON) were falling today after the company beat estimates in its first-quarter earnings report. Investors seemed to think the results weren't enough to justify the company's high valuation.

As a result, the stock was down 4.7% as of 2:57 p.m. ET.

Image source: Axon.

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Source Fool.com

Axon Enterprise INC Stock

€330.30
0.920%
The Axon Enterprise INC stock is trending slightly upwards today, with an increase of €3.00 (0.920%) compared to yesterday's price.
Currently there is a rather positive sentiment for Axon Enterprise INC with 4 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 305 € is below the current price of 330.3 € for Axon Enterprise INC, so the potential is actually -7.66%.
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