Bullish Case: Growing institutional ownership and insider buying suggest confidence in AXON's potential. The historical return surface indicates the resilience and likelihood of positive returns over longer holding periods.


Bearish Case: Recent insider selling coupled with a flat options term structure suggests potential for near-term volatility or stagnation, indicating risk for short-term investors.


Potential Outcomes:

1. Earnings continue outperformance, further lifting stock price (40% chance).

2. Increased institutional selling leads to price retreat (35% chance).

3. Stabilization with modest gains reflecting market consensus (25% chance).


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April 02, 2024


Axon Enterprise Forecast

AXON        Axon Enterprise
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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