Shares of Axon Enterprise, Inc. (AXON) jumped 20% on Wednesday morning after the maker of Tasers and body cameras reported strong fourth-quarter revenue growth and robust forward guidance.
The stock is currently trading at $529.22, up $86.71 or 19.60%, on the Nasdaq. The stock opened at $498.43 after closing Tuesday at $442.51. The stock has traded between $396.41 and $885.92 in the past 52-week period.
Axon reported fourth-quarter net income of $2.74 million, or $0.03 per share, down from $135.18 million, or $1.67 per share, a year earlier. Adjusted earnings were $2.15 per share, while revenue surged 38.5% to $796.72 million.
The company reported 2025 bookings of $7.4 billion, up 46%, and expects 2026 revenue growth of 27% to 30%.
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