TD Cowen cuts target for Axon Enterprise stock to USD 800.00

Published on 10/27/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Axon raised 2026 revenue growth guidance to 32 to 34 percent on August 5, 2026. Axon Enterprise stock costs EUR 383.00 on October 27, 2026.

Analyst target cut and reporting date

TD Cowen lowered its Axon Enterprise target from USD 825.00 to USD 800.00 on October 26, 2026.
Axon reported second-quarter 2026 revenue of USD 904.39 million, up 35.30 percent year over year.
Axon Enterprise stock costs EUR 383.00 at Lang & Schwarz on October 27, 2026 at 7:44 p.m. CEST.
Third-quarter 2026 results are scheduled for November 5, 2026 after the market closes.

Axon Enterprise, US05464C1018, Illustration mit AI erstellt.

Axon Enterprise (ISIN US05464C1018) is facing a lower analyst valuation after TD Cowen cut its price target from USD 825.00 to USD 800.00 on October 26, 2026, while maintaining a Buy rating, Investing.com reported. At Lang & Schwarz, the stock was trading at EUR 383.00 on October 27, 2026 at 7:44 p.m. CEST.

Target cut meets strong growth

The reduction came despite Axon's latest reported quarter showing continued expansion. For the second quarter of 2026, revenue reached USD 904.39 million, an increase of 35.30 percent from the second quarter of 2025, according to MarketWatch.

The same filing reported GAAP net income of USD 29.43 million and diluted earnings per share of USD 0.36 for the June 2026 quarter. Axon also raised its full-year 2026 revenue growth outlook to 32 to 34 percent from 30 to 32 percent and maintained an Adjusted EBITDA margin outlook of 25.50 percent, MarketWatch reported.

What comes before the results?

Axon's next scheduled corporate date is November 5, 2026, when it plans to release third-quarter 2026 financial results after the market closes and hold a 5:00 p.m. ET webcast. The date was announced on October 22, 2026 through Morningstar.

For investors, the contrast is clear: second-quarter revenue growth remained above 35.00 percent, while TD Cowen's target moved lower by USD 25.00. The upcoming report will put the company's 32 to 34 percent full-year growth outlook alongside its latest profitability figures.

Axon stock valuation and market frame

Axon is listed on Nasdaq under the ticker AXON. Its market capitalization was USD 34.6 billion on October 27, 2026, while the quoted price-to-earnings ratio was 176.80. The 52-week range was USD 339.01 to USD 764.02 on the same date.

Axon Enterprise stock was trading at EUR 383.00 at Lang & Schwarz on October 27, 2026 at 7:44 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Axon Enterprise stock.