1. Axon Enterprise stock price on the rise

The stock price of Axon Enterprise Inc. (NASDAQ: AAXN) has been on the rise in recent months. The company, which manufactures and sells products and services for law enforcement, has seen its share price increase by nearly 30% since the beginning of 2017.

One reason for the Axon Enterprise stock price increase may be the company's strong financial performance. In the first quarter of 2017, Axon reported revenue of $85.7 million, up 27% from the same period a year earlier. The company also reported Adjusted EBITDA of $21.1 million, up 48% from the first quarter of 2016.

Another reason for the stock price increase may be the company's recent announcements of new products and partnerships. In May, Axon announced a new product called Axon Body 2, which is a body-worn camera that is smaller, lighter, and has more features than the previous version. The company also announced a partnership with Microsoft (NASDAQ: MSFT) to integrate its products with the Azure cloud platform.

Axon Enterprise is a company that is benefiting from the growing demand for law enforcement products and services. The company's strong financial performance and recent announcements of new products and partnerships are helping to drive the stock price higher.

2. Reasons for the increase in stock price

There are many factors that can affect a company's stock price, but there are two primary drivers for the recent increase in Axon Enterprise's stock price.

The first reason is the strong financial results that the company has been reporting. For the past several quarters, Axon has been consistently beating expectations and delivering strong growth. This has instilled confidence in investors, who have bid up the stock in response.

The second reason is the growing demand for Axon's products and services. Thanks to the continued rise of crime and the increased focus on law enforcement accountability, more and more agencies are turning to Axon to equip their officers with body cameras and other tools. This growing demand has helped to drive Axon's revenue and profit growth, which in turn has led to a higher stock price.

Investors seem confident that Axon will continue to perform well in the future, and the stock price is likely to continue to rise as a result.

3. How the stock price has performed over time

Axon Enterprise, Inc. (formerly Taser International, Inc.) is an American multinational corporation that develops, manufactures, and sells conducted electrical weapons, body-worn cameras, and software for use in law enforcement, military, and private security.

The company's headquarters are in Scottsdale, Arizona.

In 2013, Axon had revenue of $268 million, and in 2014 it had revenue of $398 million. The company was founded in 1993, and was known as Taser International, Inc. until rebranding in 2017.

Axon's stock price has performed well over time, increasing from a low of around $6 per share in 2009 to a high of over $60 per share in 2018. The stock price has fluctuated somewhat in recent years, but has generally trended upwards.

Investors have generally been bullish on Axon Enterprise, due to the company's strong financial performance and growth prospects. Analysts have also been bullish on the stock, with a median price target of $70 per share.

Overall, Axon Enterprise has been a good investment for shareholders, with the stock price increasing significantly since the company's IPO in 2013.

4. What analysts are saying about the stock price

The shares of Axon Enterprise Inc (NASDAQ:AAXN) are down 1.5% at $59.93 at last check, after the company announced a $650 million public offering of its common stock. This move comes just days after the Taser maker announced a $1 billion mixed shelf offering, of which $650 million is for common stock.

Axon Enterprise isn't the only company looking to cash in on the recent market rally.Other firms have also announced plans to raise capital, including Crocs (CROX) and Goldman Sachs (GS).

Analysts remain bullish on Axon Enterprise, with a mean price target of $67.50, implying potential upside of 12.6%. This is based on 16 analysts polled in the last 12 months, with 15 of them rating the stock a "buy" or better, and one analyst calling it a "hold."

The stock has a consensus rating of "buy" and an average target price of $67.50.

On average, the stock has outperformed the broader market, gaining about 14% year-to-date.

With the recent market rally, analysts have become more bullish on the stock, and the average price target has risen to $67.50 from $66.67 in the last month.

The shares of Axon Enterprise Inc (NASDAQ:AAXN) are down 1.5% at $59.93 at last check, after the company announced a $650 million public offering of its common stock. This move comes just days after the Taser maker announced a $1 billion mixed shelf offering, of which $650 million is for common stock.

Axon Enterprise isn't the only company looking to cash in on the recent market rally.Other firms have also announced plans to raise capital, including Crocs (CROX) and Goldman Sachs (GS).

Analysts remain bullish on Axon Enterprise, with a mean price target of $67.50, implying potential upside of 12.6%. This is based on 16 analysts polled in the last 12 months, with 15 of them rating the stock a "buy" or better, and one analyst calling

5. What the future holds for Axon Enterprise stock price

Axon Enterprise, Inc. (formerly TASER International, Inc.) is an American multinational technology company that develops, manufactures, and sells conducted electrical weapons, body cameras, and cloud-based, evidence-management software. As of 2019, it is the largest manufacturer of police body cameras in the United States.

The company's stock price has been on a roller coaster ride in recent years, but many analysts believe that the future looks bright for Axon Enterprise. The company has a strong market position and is well-positioned to benefit from the continued growth of the body camera market. In addition, Axon Enterprise is diversifying its product offerings and expanding its international presence. These factors should help to drive stock price growth in the years ahead.