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Tracing Jim Cramer’s Evolving View on Axon Enterprise (AXON)
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Yahoo Finance
Jim Cramer has spent months giving mixed signals on Axon Enterprise, Inc. (NASDAQ:AXON).
While acknowledging a strong management presentation that lifted the shares that day, Cramer pointed to lingering hurdles:Well, they had, you know, Axon was on today.
I am still concerned about that, and I still think that this market does not like high multiple stocks, and Axon is a high multiple stock.
In its second-quarter 2026 results, Axon Enterprise, Inc. (NASDAQ:AXON) reported revenue of $904.4 million, marking a 35% year-over-year surge and its tenth consecutive quarter of top-line growth above 30%.
Annual recurring revenue reached $1.6 billion along with $15.1 billion in future contracted bookings, which led the management to raise its full-year 2026 revenue growth guidance to a range between 32% and 34%.