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Axon Enterprise, Inc. (AXON): A Bull Case Theory

We came across a bullish thesis on Axon Enterprise, Inc. on Arya’s Substack by Arya. In this article, we will summarize the bulls’ thesis on AXON. Axon Enterprise, Inc.'s share was trading at $758.29 as of August 19th. AXON’s trailing and forward P/E were 186.77 and 107.53 respectively according to Yahoo Finance.

[caption id="attachment_382208" align="aligncenter" width="750"] Kbiros/Shutterstock.com[/caption]

Axon Enterprise delivered another standout quarter in Q2 2025, underscoring its transition from a hardware-driven business into a vertically integrated SaaS platform...