Axon Enterprise Inc (AXON) Options

As information this is trading premarket in the $608 range but because those trades are under 100 shares the closing price displays.  IMO they should forward split this to bring the cost down for retailers like NVDA did.   10 for 1 would make it 60 Bucks, 20 for 1 would make it $30.

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$600 bucks today, what a run.  Whoda thunk.

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$525 after hours on earnings reported.

Dang, X

Earnings due out on Wednesday.

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This is moving towards $500 faster than I imagined.  If they could do a 10 for 1 forward split it would invite more retailers in.

Perhaps if the next earnings report is favorable they will do it.

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Forward split.

Oops

Remember that Ihub only posts the price in the quote for blocks of 100 (for instance right now it has the quote at $414 when actually the price is trading at $416). In other words a trade for $41,600 would need to happen for it to appear here. If you watch the trades you can see it for yourself.

IMO they should reverse split this for the retail cats as NVDA did because $400 a share is intimidating to smaller investors.

I still say that I'd like see the Secret Service implement AXONs "draft one" program that records what happened exactly when and can combine all of that data into in a report with the push of a button. Local and Federal would all be on the exact same clock down to the second.

Gee... no bashers on this board.

"Monk'sdream" seems to be an AI Id for those in the know to follow.

Spoke to the local police chief, they have an old agreement which gives them a free ride on updates, he said they use 5% of AXONs capabilities.

Watch this first draft which fills out the reports going forward.

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Historically, AXON (Taser) did 3 splits, ironically all were in 2004 after a run up. I'd like to see something in the 10 to 15 to 1 area to put it in reach of the retail crowd.

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$350 at 15:1 puts it at $23 on the street.

Enlight of the testimony from the secret service today where 9 days later they are still struggling to determine who said what to whom and when did they say it, Draft One has an awesome opportunity here, they don't need tasers but the video and audio in an orderly fashion would be great.

Push a button and out it comes chronologically with video.

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Draft One saves officers one or more hours per day utilizing body-worn camera audio to produce draft police reports in seconds with greater quality and clarity.

This is a big deal.

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AXON new 52 week high

$300 buckarooskis.

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AXON new 52 week high

AXON new 52 week high

Nice I think it go higher.

We got it $255.

Nice 1, 3 month & 1 year.

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Fireball

AXON$🤫🚀🚀🚀🚀🚀🚀🚀

I'm predicting that WRAP will be a takeover candidate for AXON if they are to achieve a 50% reduction in police bad guy encounters.

X. In both, we'll see

We will take it easy.

I bought a few um 600 shares today, Im long term guy, some at 188.00 some on an old 210 buy, whatever, I'm a Long term cat.

Thanks

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34% Year over Year Growth.

Outstanding and with the unrest in the world, Demand will continue to rise.

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Axon Enterprise is joining the S&P 500 on Thursday, they are moving up from the midcap 400.

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Wow that new camera will be required by all police departments, up we go.

How about $250?

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Axon 2022 Revenue Grows 38% to $1.2 Billion

I'd day WRAP by AXON will be taken over for Smith's 50% goal to reduce deaths in takedowns.

Make sense?

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Starting to roll.

Stay tuned.

This is a great long-term bet.

Day traders, not so much, this is one for the retirement account.

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Without the Smith's I would not be here. Let's do the shuffle, someday I hope to do it.



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I remember when this was 16.00 in 2015.

10 bagger.

Axon Reports Q3 2020 Revenue Growth of 27%, ARR Tops $200 million, Up 44%
Surge in Total Bookings, Up 56%YOY, Federal Bookings Up 400% YOY

Simply put WOW

PS AXON lost 1 cent a share
what the?

aaxn earnings day, always spooky
and 9 of 10 times the thing freaks out after

for some reason, for 20 years of watching
sales have gone from 1 million to well over 100 million a quarter

yet the EPS is always low single digits or negative
growing in one sense but not the others

but execs seem to be making lots for themselves????

$AAXN | #AXONEnterprise Breakout Target



Potential target $120

Earnings going to EXECS and not shareholders
This is why the stock loss
Someone should ask about this

and 687 million in cash for things??? like what

SG&A included $27 million in stock-based compensation expense, including nearly $11 million in "catch up" expense. R&D included $6 million in stock-based compensation expense, including $1 million in "catch up" expense. Excluding stock-based compensation expense, operating expenses declined 1% sequentially.

The "catch up" expense is tied to Axon's CEO Performance Award and eXponential Stock Performance Plan ("XSPP"), for which two additional operational goals became probable of attainment during Q2 2020 due to our strengthened outlook, bringing the total number of operational goals that are statistically probable to eleven.

For more details about Axon's innovative stock-based compensation plans, which were approved by shareholders and align the interests of management and employees with shareholders, please see our online FAQ at investor axon


Cash and cash equivalents and investments totaled $687 million at June 30, 2020, or $676 million after adjusting for an investment payable of $20 million, which net of receivables was $10 million.

As body cameras gain more attention, their uses are expanding well beyond law enforcement: Seattle Times

Weeks of protests in the wake of the killing of George Floyd have placed renewed attention on police body-worn cameras, whose two largest U.S. manufacturers have a significant Seattle presence.

Axon and Motorola Solutions recently branched out to commercial sales even before Floyd’s filmed killing in Minneapolis. Cellphone footage from bystanders put the case in the spotlight, but recordings from police body cameras are expected to be introduced at trial.

Businesses and municipal services large and small — including fire departments, emergency medical technicians, private security firms, department stores and construction crews — have turned increasingly to body-worn devices from a plethora of manufacturers to monitor employees for training, safety and behavioral purposes.

“Frankly, we’ve been really surprised at the level of interest in a broad number of different industry marketplaces that were not on our radar before,’’ said Axon founder Rick Smith, whose 1,500 employees include 245 in a Seattle office that is the company’s second biggest beyond its Scottsdale, Arizona, headquarters.

The idea of body cameras as a nonlethal safety tool to monitor police and modify behavior — with the aim of reducing excessive force by officers and false complaints against them — is also what’s luring the business world.

Axon makes body cameras for the Seattle Police Department and the Minneapolis force, four of whom were charged in Floyd’s killing in May. Within the past six months, it has started selling cameras to larger companies for “industrial use” purposes, one of the bigger ones a pharmaceutical firm where devices are being worn on a trial basis by employees at drug-testing facilities.

“It turns out that any time there is any concern that somebody didn’t follow the right safety protocols, they have to scrap millions of dollars of medication,” Smith said. “But they reported back to us that by having people that are working key processes wear body cameras, they are able to go back and check and verify whether or not a process was followed. They’ve already saved millions of dollars in stuff they didn’t have to scrap.”

Others include a company doing “large truckloads of deliveries” to grocery stores, using cameras to record the physical transfer of goods to reduce theft and loss. “There are times when a client would call up and say, ‘Hey, we’re one palette short of some produce’ or ‘This produce is bad.’ Well, now that they’ve got the video, they’re able to go back and look.”

While cameras like GoPro have made significant inroads among consumers — sky divers, mountain climbers, cyclists and other outdoor enthusiasts — Smith said his commercial clients want something different. The Axon Flex 2, Axon Body 2 and newer Body 3 cameras are less focused on color pixelation and cinematography than a GoPro, but better for evidence gathering given their 12-hour, full-police-shift battery life and delivery of accurate, non-erasable footage — even in low light — and crisp audio along with secure storage options.

The Body 3 also offers livestreaming that activates automatically when a police weapon is drawn or emergency lights activated, and remote map-tracking of the camera-wearer.

“The fact that we do this with police evidence is a strong industry endorsement around the reliability and security of our overall platform,” Smith said. “It appears to really be resonating in a lot of other industries.”

Motorola has made in-vehicle cameras for police since 2004 — becoming the national leader in that realm — before branching out to body camera sales in 2015. It began selling body cameras commercially in the United Kingdom last year and in the United States the first half of this year to customers in retail sales, the railway industry and emergency first responders.

The company’s Seattle office of about 150 employees is a headquarters for its “command center software” business — which includes tools for gathering and storing video evidence obtained from body cameras.

John Kedzierski, Motorola’s senior vice president of video evidence and analytics, said the recent protests and calls for increased body camera use by police “has absolutely made more customers interested” in the product. But Kedzierski said commercial interest had already been piqued, with demand surging once the coronavirus pandemic took hold.

“Unfortunately, with the COVID-19 pandemic, we continue to see cases where customers behave very inappropriately,” Kedzierski said. “You’ve probably read and heard about cases where people engage in coughing and spitting intentionally because they were dissatisfied with something. And so, we’re seeing more demand for cameras in those areas to de-escalate those situations and, if need be, to document them.”

Clients also use the footage to train new employees on real-life situations they may face. Or, to go over how an employee handled a situation to train them to attain better outcomes.

Motorola, like Axon, wouldn’t divulge the names of its U.S. clients because it doesn’t have permission. Motorola clients overseas include the Sainsbury’s department store chain — the U.K.’s second largest — where Kedzierski said employees at about 400 of 1,400 or so locations wear the company’s VT100 camera to record customer interactions.

“Front-line employees that are trying to enforce people wearing masks, or social distancing, inside the store can encounter a customer that doesn’t want to do that,” said Kedzierski, whose company also sells VT100 cameras to the British-based ASDA and Co-op supermarket chains. “And those situations can get escalated. That focus on employee safety has been a key driver in our discussions more than anything else.”

This will be $175 by Inauguration Day.

and 100.29 +3.02 (3.10%) $100 bucks

why axon has bought out vtsi is beyond me...

All Time High today!!!

92 dollars today, oops

Scottsdale's Axon, known for Tasers and police cameras, sues the Federal Trade Commission

,,, because the FTC is taking action on Vievu acquisition:


https://www.azcentral.com/story/news/local/phoenix/2020/01/03/axon-enterprise-inc-sues-federal-trade-commission-over-vievu-deal/2804693001/

$89 target JMP Securities - Axon Enterprise, Outperform rating

Lets see how things go


JMP Securities initiated coverage of Axon Enterprise this week with an outperform rating. The company develops technology and weapons products for law enforcement and civilians. JMP said the company’s “strong” brand and “solid” reputation in the law enforcement community give Axon a “dominant platform” for growth. The firm added it was impressed as the company continues its transition from a business based on electroshock weapons to a business that provides a broader array of technology options to law enforcement agencies.

“We initiate research coverage of Axon Enterprise with a Market Outperform rating and a price target of $89. Our research suggests that AAXN is still in the early stages of its transformation from a business based on electroshock weapons to a business that provides a broad suite of technology solutions to law enforcement agencies. The company’s strong brand and solid reputation with law enforcement provide AAXN with a dominant platform from which to grow.”

Thought it was high previously, now PE is ~ 288

Axon has a really high PE, and is very close to its one year target.

Anyone following the DGLY patent case?


DGLY has pulled back quite a bit, so really considering where to put my money, and if DGLY makes sense as a hedge for Axon shares?

Not good:

https://townhall.com/news//politics-elections/2018/10/22/nypd-suspends-use-of-body-camera-model-after-one-explodes-n2530743

Sounds like DGLY and AAXN will have a day in court to decide the patent issue.


Digital Ally's patents cases against Taser, WatchGuard advance after surviving 5 challenges


By James Dornbrook – Reporter, Kansas City Business Journal
Jul 10, 2018, 1:16pm
Digital Ally Inc. successfully defended five challenges to its patents and now has switched to offense, pressing forward with intellectual property lawsuits against two of its largest rivals.

The Lenexa-based manufacturer (Nasdaq: DGLY) filed suit against Taser in January 2016 and WatchGuard Video in May 2016, accusing the law enforcement body camera systems of infringing on technology covered by Digital Ally's patents. The technology automates activation of the camera system when specified triggers — such as turning on emergency lights — occur.

The successful defense of its patents was huge for Digital Ally. Aside from the federal court in Kansas now lifting stays on its patent infringement lawsuits against competitors, it gives Digital Ally a stronger position to land lucrative contracts to equip police forces around the nation. Some cities, such as Phoenix, add language to their requests for proposals that require all technology to be free of claims for "infringement or misappropriation of patent, copyright, trade secret, trademark or other rights arising under the laws of the United States."

That means the body camera systems offered by two of its largest competitors — Taser-maker Axon Enterprises Inc. (Nasdaq: AAXN) and Enforcement Video LLC, which does business as WatchGuard — currently don't qualify for any contract containing that language.

Digital Ally asked for a permanent injunction against Taser and WatchGuard's systems that infringe on its patents, and if that is granted, it could create all kinds of issues for cities that have contracts with those companies.

Digital Ally also is asking the court for a reasonable royalty and compensation to cover damages such as lost profits, costs and expenses.

"This has been a long and trying battle as both Axon and WatchGuard have done everything they can to prevent these cases from moving forward," Digital Ally CEO Stanton Ross said in a Thursday release. "We have remained confident in the judicial system and patient with the process, and we are finally seeing movement towards the finish line. I hope that law enforcement agencies across the country will pay attention to these developments and consider the implications of these lawsuits and a potential injunction when equipping their officers with body cameras from companies that infringe our patents."



https://finance.yahoo.com/m/f2581a30-1c79-33dd-b73e-9438a6486d32/digital-ally%26apos%3Bs-patents.html

Love the products, but the valuation, PE etc seem insane?

.. also, pending patent fight ... how big a deal?

Not that I wanted to sell but needed the money. Sold everything this morning at 62. 200% gain .

Axon should buy VirTra (VTSI).

Immediately accretive, easy path to complimentary $100mil business, corporates just a few miles apart, same customer base. Natural fit.

AAXN stock is inflated above fair value and AAXN shareholders and BOD should make sure the company takes advantage. Offer 1 share of AAXN for each 5 or 6 shares of VTSI and it would be a done deal in a month.

VTSI CEO only owns 10%. Me and about 8 others own 20% and are disgruntled and want out.

Answer our prayers Axon! Plllleeeassssseeeeee.