Craig-Hallum analyst Jeremy Hamblin maintains $Axon Enterprise (AXON.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 48.1% and a total average return of 5.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Axon Enterprise (AXON.US)$'s main analysts recently are as follows:
The momentum for public safety companies shows no signs of slowing down, yet their premium valuations are causing investor unease ahead of earnings reports. Increased attention is anticipated on the forthcoming results and forecasts. Despite concerns about the heightened scrutiny during earnings season, it is expected that both Axon and a comparable company will meet investor expectations, potentially easing concerns about their premium valuations by demonstrating another quarter that justifies their market position.
The firm maintains a strong conviction in the positive trends and anticipates a robust third-quarter performance, surpassing expectations, which is likely to be fueled by persistent, widespread strength.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
