Weapon-Maker Axon Shares Rise In Monday Pre-Market: What’s Going On? – Axon Enterprise (NASDAQ:AXON)

Axon Enterprise Inc AXON skilled a notable 2.81% improve in pre-market buying and selling on Monday. This surge follows the corporate’s inclusion within the prestigious Nasdaq-100 Index over the weekend.

The Nasdaq introduced the outcomes of its annual reconstitution of the Nasdaq-100 Index on Saturday, which noticed Axon becoming a member of the ranks. This index, which was established in January 1985, serves as a vital benchmark for non-financial firms listed on the Nasdaq. It helps a wide range of monetary merchandise, together with choices, futures, and funds. Alongside Axon, Palantir and MicroStrategy had been additionally added to the reorganized record.

Based on Benzinga Professional, the weapon maker has a consensus value goal of $424.76, primarily based on evaluations from 17 analysts. The best goal of $800 was set by Baird on December 6, 2024, whereas the bottom was $130, issued by Needham on Could 11, 2022.

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The three most up-to-date analyst rankings got here from Baird, Morgan Stanley, and Northland Capital Markets, dated Dec. 6, Dec. 3, and Nov. 11, respectively. These rankings counsel a median value goal of $683.33, indicating a possible 3.07% upside for Axon Enterprise Inc.

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Disclaimer: This content material was partially produced with the assistance of Benzinga Neuro and was reviewed and revealed by Benzinga editors.

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