Axon's $129 Billion Market Opportunity In Focus: Analyst Sees Strong Product Innovation And More
1. Axon reported Q4 revenue of $575 million, up 34% year over year. 2. Market analyst raised Axon's price target to $725, citing growth potential. 3. Axon's total addressable market reached $129 billion, boosted by acquisitions. 4. Only 15% market penetration indicates significant growth opportunities ahead. 5. Analyst notes bullish guidance, expecting strong contributions from FY25.