Axon Stock Is Challenging Its 50-Day Moving Average. Should You Buy AXON on the Post-Earnings Rally?

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The post-earnings rally has AXON challenging a key resistance coinciding with its 50-day moving average (MA) on Feb. 25. A decisive break above $539 may accelerate upward momentum in the near term.Despite their meteoric run on Wednesday, Axon shares remain down some 18% versus their year-to-date high, presenting an exciting opportunity for long-term investors to load up on a quality name at a discount.Micron Stock Trades Near Record High — Cash Out or Hold On?Microsoft Stock Just Flashed an Ultra-Rare Bullish Signal for Options TradersWestern Digital Is Selling Sandisk Stock. Should You?Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.www.barchart.comAxon Enterprise saw its revenue print at $797 million in the fourth quarter — up a remarkable 39% versus last year — but the real story is embedded in its evolving software ecosystem.In Q4, net revenue retention hit a whopping 125%, proving existing customers aren’t just staying — they’re spending even more on the company’s offerings.Despite a cosmic rally, AXON stock remains attractive as its “AI Era Plan” is no longer a concept only; it’s evolved into a cash cow. In fact, artificial intelligence (AI)-driven products like Draft One have successfully become the fastest-growing launches in AXON’s history.By integrating body-cam audio with automated report drafting, Axon has effectively locked police departments into a high-margin SaaS loop that’s increasingly difficult for competitors to break.RBC Capital Markets was quick to validate the market’s enthusiasm, reiterating its “Outperform” rating on Axon Enterprise following its blockbuster Q4 report.The investment firm cited a staggering $14.4 billion in future contracted bookings and a successful pivot into international markets and the 911-dispatch sector for its constructive view on AXON.According to its analysts, the Nasdaq-listed giant’s proprietary “data moat” and its forecast for 30% growth make its year-to-date pullback an “attractive entry point” for long-term investors.While valuation concerns still made RBC lower its price target on Axon shares to $735 today, its revised price objective still suggests potential upside of about 35% from here.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,906.75 -13.25 (-0.19%)Dow Futures49,323.00 -208.00 (-0.42%)Nasdaq Futures25,071.75 -9.25 (-0.04%)Russell 2000 Futures2,663.20 -17.40 (-0.65%)VIX18.63 +0.70 (+3.90%)Gold5,194.90 +0.70 (+0.01%)Trending tickersNFLX Netflix, Inc. 84.59 +1.88 (+2.28%)XYZ Block, Inc. 54.53 +2.59 (+4.99%)DUOL Duolingo, Inc. 117.45 +5.80 (+5.19%)DELL Dell Technologies Inc. 121.45 -2.03 (-1.64%)CRWV CoreWeave, Inc. 97.63 -0.38 (-0.39%)PortfolioSign in to access your portfolioSign inTop gainersSEZL Sezzle Inc. 84.70 +22.08 (+35.26%)LMAT LeMaitre Vascular, Inc. 113.69 +22.31 (+24.41%)FA First Advantage Corporation 11.69 +2.17 (+22.79%)IONQ IonQ, Inc. 40.88 +7.29 (+21.70%)HPP Hudson Pacific Properties, Inc. 7.69 +1.33 (+20.91%)Top losersEOSE Eos Energy Enterprises, Inc. 6.74 -4.39 (-39.44%)ACMR ACM Research, Inc. 57.04 -11.43 (-16.69%)FOUR Shift4 Payments, Inc. 48.41 -8.96 (-15.62%)FSK FS KKR Capital Corp. 11.29 -2.03 (-15.24%)MIRM Mirum Pharmaceuticals, Inc. 92.19 -16.43 (-15.13%)Most activeNVDA NVIDIA Corporation 184.89 -10.73 (-5.49%)EOSE Eos Energy Enterprises, Inc. 6.74 -4.39 (-39.44%)NU Nu Holdings Ltd. 15.06 -1.59 (-9.55%)PLUG Plug Power Inc. 1.9100 0.0000 (0.00%)AAL American Airlines Group Inc. 13.94 +0.62 (+4.65%)Top economic eventsEarnings eventsMy earnings eventsEarnings events