Axon shares soar 20% after upbeat earnings as AI demand accelerates
Axon shares jumped over 20% following strong Q4 earnings driven by accelerating demand for its AI-enhanced software.Summary
Axon Enterprise (AXON) stock surged more than 20% after reporting record fourth-quarter results, fueled by significant demand for its AI-enhanced software tools. Software & Services revenue grew 40% to $343 million, contributing to a 33% rise in full-year revenue to $2.8 billion. The company maintained a strong financial footing, achieving a full-year Adjusted EBITDA margin of 25.5% despite investments in AI and acquisitions. CEO Rick Smith emphasized that aggressive and thoughtful deployment of AI will create unparalleled customer value. Axon provided optimistic forward guidance, projecting 27% to 30% revenue growth for 2026 and setting ambitious 2028 targets of $6 billion in revenue and a 28% Adjusted EBITDA margin.
(Source：Crypto Briefing)