Axon Enterprise shares rose after the company's president revealed its Dedrone counter-drone platform generated more bookings than its acquisition price. This rapid return on investment signals strong market traction for Axon’s drone defense technology. Public safety agencies are also increasing their adoption of Axon's AI-powered tools.
Citizens maintained a Market Outperform rating on the stock. The firm set a $700 price target. This target implies a 53% upside from the previous close. Piper Sandler reiterated an Overweight rating. The firm set a $674 price target.