Nasdaq 100 Initiated Axon’s Stock Price Target Hiked Moving into 2025
Axon’s stock (NASDAQ: AXON) performance through 2024 has been nothing short of impressive, with gains of 147.90% earning Axon a place in the Nasdaq 100. The stock has been a significant outperformer over the NDX in recent years (+31.58% through 2024), whilst 2025 could prove further ammunition for bulls if recent price target revisions are anything to go by.
With AXON currently changing hands at $623.80, market cap has grown to $48.14 billion, and recent PT revisions are coming to the upside. Morgan Stanley upgraded to Overweight (from Equal) with a raised $700 price target, citing the 25-30% growth sustainability as durable. Baird are another to have raised their forecast on Axon, pushing the price target up to $800, whilst retaining…
