AXON
Axon Enterprise Inc. Industrials - Public Safety Investor Relations →
Axon Enterprise Inc. (AXON) closed at $414.20 as of 2026-02-02, trading 14.1% above its 200-week moving average of $362.89. The stock is currently moving closer to the line, down from 33.8% last week. With a 14-week RSI of 24, AXON is in oversold territory.
Over the past 1237 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 $32.9 billion, AXON is a large-cap stock. The company generates a free cash flow yield of 0.8%. Return on equity stands at 10.0%. The stock trades at 10.8x book value.
Share count has increased 8.1% over three years, indicating dilution.
Over the past 23.8 years, a hypothetical investment of $100 in AXON would have grown to $29016, compared to $996 for the S&P 500. That represents an annualized return of 26.9% vs 10.1% 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.
Free cash flow has been growing at a 64.4% compound annual rate, with 4 consecutive years of positive cash generation.
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% | +41320.0% |
| Sep 2005 | Jan 2006 | 19 | 30.2% | -1.0% | +5300.3% |
| Jun 2006 | Jun 2007 | 53 | 26.5% | +20.3% | +4471.7% |
| Jan 2008 | Oct 2011 | 199 | 71.8% | -52.8% | +3479.9% |
| Jan 2012 | Apr 2012 | 15 | 15.7% | +89.2% | +8318.7% |
| Jan 2016 | Feb 2016 | 5 | 4.8% | +72.5% | +2731.2% |
| Aug 2017 | Sep 2017 | 3 | 1.5% | +203.8% | +1819.4% |
| Nov 2017 | Nov 2017 | 1 | 4.9% | +146.9% | +1857.5% |
| May 2022 | May 2022 | 3 | 5.4% | +129.1% | +331.5% |
| Jun 2022 | Jul 2022 | 7 | 14.4% | +101.9% | +329.2% |
| Average | 35 | — | +71.7% | — |
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 Friday close, 2026-02-02