Axon Enterprise Intrinsic Value – Daiwa Securities Group Bets Big On Axon Enterprise, – Analysts Positive About Growth Prospects

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Daiwa Securities Group Inc., one of Japan’s leading securities firms, has recently placed a substantial bet on Axon Enterprise ($NASDAQ:AXON), Inc., a technology company specializing in connected public safety solutions. The company’s innovative products and services, such as body-worn cameras, artificial intelligence, and cloud storage solutions, have been gaining traction among law enforcement and other public safety entities worldwide, leading to analysts being extremely optimistic about its growth potential. The company has come a long way since its humble beginnings and now offers a comprehensive suite of products and services that have become essential for many police and other public safety units. Besides body-worn cameras, Axon also provides digital evidence management, analytics, and other tools that enable efficient information collection and analysis.

The strong performance of Axon Enterprise’s products and services in the market has caught the attention of Daiwa Securities Group Inc., who has recently made a substantial investment in the company. This move further highlights the company’s growth potential and has spiked the interest of analysts who are now more confident than ever about Axon’s future prospects. With its cutting-edge technology, Axon is well-positioned to continue its impressive growth trajectory.

Stock Price

On Monday, AXON ENTERPRISE, Inc. saw a strong boost in its stock prices, with a 1.8% increase from the previous closing price of $182.6. This surge was largely due to Daiwa Securities Group Inc., one of the largest securities companies in Japan, betting big on AXON ENTERPRISE, Inc. with a substantial purchase of shares. Analysts have taken a positive outlook on the company’s future growth prospects, citing increasing demand for the company’s products and services. Furthermore, as the market is feeling optimistic about AXON ENTERPRISE’s potential, the stock is likely to continue to experience growth over the coming months. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Axon Enterprise. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Axon Enterprise. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Axon Enterprise. More…

Key Ratios Snapshot

Some of the financial key ratios for Axon Enterprise are shown below. More…

Analysis – Axon Enterprise Intrinsic Value

At GoodWhale, we have conducted an analysis of AXON ENTERPRISE‘s financials. Using our proprietary Valuation Line, we have calculated the intrinsic value of AXON ENTERPRISE share to be around $188.0. Currently, AXON ENTERPRISE stock is traded at $185.9 – a fair price, yet slightly undervalued by 1.1%. More…

Peers

Its competitors include Shi Corp, Ultra Electronics Holdings PLC, and Shenzhen TVT Digital Technology Co Ltd.

– Shi Corp ($OTCPK:SHCC)

Shi Corp is a publicly traded company with a market capitalization of 1.39k as of 2022. The company has a Return on Equity of -0.64%. Shi Corp is engaged in the business of providing technology solutions and services. The company’s products and services include enterprise software, cloud computing, big data, and analytics.

– Ultra Electronics Holdings PLC ($SZSE:002835)

Shenzhen TVT Digital Technology Co Ltd has a market cap of 2.64B as of 2022, a Return on Equity of 8.41%. The company operates in the field of digital technology, providing products and services related to digital television, set-top boxes, and other digital products and services. It is headquartered in Shenzhen, China.

Summary

Daiwa Securities Group Inc. recently made a significant investment in Axon Enterprise, Inc., a provider of public safety technology products and services. Analysts have expressed optimism about the potential growth of the company, citing its ability to capitalize on the emerging trends of the public safety technology industry. Investors are encouraged to consider the company’s long-term prospects as the global demand for its products and services is expected to remain strong and should bring attractive returns. With this additional capital, Axon Enterprise, Inc. is expected to expand its reach and capitalize on new opportunities, further enhancing its position in the public safety technology industry.