Axon Enterprise Inc

Our Bond shares rose 17 cents to $1.28 in early Nasdaq trading on heavy volume after winning a US government-backed AI security contract expected to generate over $3 million in annual recurring revenue.

Axon Enterprise shares surged 16.5% in a week, boosted by a 34% Q1 revenue jump and over 700% growth in AI product revenue. Wall Street remains divided with analyst targets ranging from $440 to $662.

Motorola Solutions raised its 2026 revenue forecast to $12.8B after a solid Q1, but shares tumbled 11% as investors wanted a bigger boost.

Axon Q1 revenue surged 34% to $807 million, beating estimates, as AI product revenue jumped over 700% and drone demand boosted outlook.