These Analysts Cut Their Forecasts On Axon Enterprise After Downbeat Q3 Results - Axon Enterprise…
Benzinga · Avi Kapoor ·
Axon missed Q3 revenue and earnings estimates, cut FY26 guidance, and shares fell 14%; analysts lowered price targets.
Axon Enterprise Inc (NASDAQ:AXON) on Thursday reported downbeat results for the third quarter.
Axon reported third-quarter revenue of $908.55 million, up 28% year-over-year. The revenue total missed a Street consensus estimate of $937.59 million, according to data from Benzinga Pro. The company reported earnings of $1.72, which missed a Street consensus estimate of $1.88.
The company is guiding for fourth-quarter revenue to be in a range of $990 million to $1.01 billion. The Street estimate is $1.06 billion.
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