12 Oversold Global Stocks to Invest In

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7. Axon Enterprise, Inc. (NASDAQ:AXON)

Share Price Decline Versus 52-Week High: 40.30%          

Relative Strength Index: 26.76

Upside Potential: 55.51%

Axon Enterprise, Inc. (NASDAQ:AXON) is one of the 12 oversold global stocks to invest in.

As of November 27, Axon Enterprise, Inc. (NASDAQ:AXON) stock is a consensus Buy with 90% of analysts covering it having a Buy or equivalent rating. With a consensus 1-year average price target of $822.50, the stock has a 54.27% upside potential.

On November 7, 2025, CFRA upgraded Axon Enterprise, Inc. (NASDAQ:AXON) from “Buy” to “Strong Buy.” However, the investment firm reduced its price target from $992 to $785. The price adjustment reflects a multiple of 79.0x on its 2027 EPS estimate, which is below the stock’s trailing 12-month average forward price-to-earnings ratio of 108.5x and aligned with peers.

Following the company’s Q3 earnings release, the investment firm reduced EPS estimates to $6.32 for 2025, $7.79 for 2026, and $9.94 for 2027, reflecting the company’s earnings miss in the quarter. This comes despite the company raising its full-year 2025 revenue guidance to roughly $2.74 billion, translating into 31% growth.

Meanwhile, on November 4, 2025, Axon Enterprise, Inc. (NASDAQ:AXON) announced its definitive agreement to acquire Carbyne. With this acquisition, the company will merge Carbyne’s cloud-native emergency communications platform with its own AI-driven insights. This will result in Axon 911, a next-generation system that connects callers, dispatchers, and responders. The companies are expected to close the transaction in the first quarter of 2026.

CFRA cited the company’s $5 billion expansion of its total addressable market from its Carbyne and Prepared acquisitions and expressed optimism about its strengthened international momentum, driven by a major European cloud deal.

Axon Enterprise, Inc. (NASDAQ:AXON), a global public safety technology company, provides connected devices, digital evidence systems, and AI-enhanced tools for emergency responses and security operations.

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