Axon Enterprise Shares Surge 3.09% in Three Days, Trading Volume Ranks 160th

Axon Enterprise (AXON) shares rose 1.45% on June 24, 2025, marking the third consecutive day of gains, with a total increase of 3.09% over the past three days. The trading volume reached $49.6 million, ranking 160th in the day's market activity.

Axon Enterprise has seen a significant surge in demand for its public safety technology. The company's software revenues have accelerated, contributing to a 163% increase in share price over the past year, outpacing the industry's growth of 42.1%.

Barclays recently raised their target price for Axon Enterprise shares from $726.00 to $735.00, maintaining an "overweight" rating. Additionally, Goldman Sachs increased their target price from $730.00 to $830.00, assigning a "buy" rating to the stock.

In 2023, Axon Enterprise introduced its next-generation body-worn camera, the Axon Body 4, featuring enhanced capabilities such as bi-directional communication. This innovation is expected to drive further demand for the company's products in the public safety sector.