AXON
Axon Enterprise Inc. Industrials - Public Safety Investor Relations →
Axon Enterprise Inc. (AXON) closed at $496.27 as of 2026-03-20, trading 32.5% above its 200-week moving average of $374.52. The stock is currently moving closer to the line, down from 33.2% last week. The 14-week RSI sits at 44, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.38 ratio) is neutral — neither side is clearly dominating.
Over the past 1243 weeks of data, AXON has crossed below its 200-week moving average 10 times. On average, these episodes lasted 35 weeks. Historically, investors who bought AXON at the start of these episodes saw an average one-year return of +71.7%.
With a market cap of $39.9 billion, AXON is a large-cap stock. The company generates a free cash flow yield of 0.6%. Return on equity stands at 4.5%. The stock trades at 12.3x book value.
Share count has increased 12.2% over three years, indicating dilution.
Over the past 23.9 years, a hypothetical investment of $100 in AXON would have grown to $34765, compared to $938 for the S&P 500. That represents an annualized return of 27.7% vs 9.8% for the index — confirming AXON as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 1 open-market purchase totaling $1,004,920.
Free cash flow has been declining at a -25.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: AXON vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AXON Crosses Below the Line?
Across 10 historical episodes, buying AXON when it crossed below its 200-week moving average produced an average return of +67.6% after 12 months (median +76.0%), compared to +7.7% for the S&P 500 over the same periods. 90% of those episodes were profitable after one year. After 24 months, the average return was +323.6% vs +25.5% for the index.
Each line shows $100 invested at the moment AXON crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AXON has crossed below its 200-week MA 10 times with an average 1-year return of +71.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2002 | May 2003 | 48 | 70.3% | +7.2% | +49527.0% |
| Sep 2005 | Jan 2006 | 19 | 30.2% | -1.0% | +6370.3% |
| Jun 2006 | Jun 2007 | 53 | 26.5% | +20.3% | +5377.6% |
| Jan 2008 | Oct 2011 | 199 | 71.8% | -52.8% | +4189.3% |
| Jan 2012 | Apr 2012 | 15 | 15.7% | +89.2% | +9986.8% |
| Jan 2016 | Feb 2016 | 5 | 4.8% | +72.5% | +3292.1% |
| Aug 2017 | Sep 2017 | 3 | 1.5% | +203.8% | +2199.7% |
| Nov 2017 | Nov 2017 | 1 | 4.9% | +146.9% | +2245.3% |
| May 2022 | May 2022 | 3 | 5.4% | +129.1% | +417.0% |
| Jun 2022 | Jul 2022 | 7 | 14.4% | +101.9% | +414.2% |
| Average | 35 | — | +71.7% | — |
Frequently Asked Questions
Is AXON below its 200-week moving average?
No. Axon Enterprise Inc. (AXON) is currently 32.5% above its 200-week moving average of $374.52. It would need to fall to $374.52 to cross below the line.
What is AXON's 200-week moving average price?
Axon Enterprise Inc.'s 200-week moving average is $374.52 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when AXON drops below its 200-week moving average?
AXON has crossed below its 200-week moving average 10 times in our data. On average, buying at that moment produced a one-year return of +71.7%. These dips have historically been decent entry points. These episodes lasted 35 weeks on average.
Is AXON a good value right now?
Here's what our data says about AXON as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 44. Free cash flow yield is 0.6%. Return on equity is 4.5%. Price-to-book is 12.3x. This is not a buy or sell recommendation — always do your own research.
How does AXON compare to the S&P 500?
Over the past 23.9 years, $100 invested in AXON would have grown to $34765, compared to $938 for the S&P 500. That's 27.7% annualized vs 9.8% for the index. AXON has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20