Axon Enterprise, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Axon Enterprise, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Shareholders of Axon Enterprise, Inc. (NASDAQ:AXON) will be pleased this week, given that the stock price is up 17% to US$309 following its latest annual results. It looks like a credible result overall - although revenues of US$1.6b were in line with what the analysts predicted, Axon Enterprise surprised by delivering a statutory profit of US$2.31 per share, a notable 13% above expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Axon Enterprise, Inc.(纳斯达克股票代码:AXON)的股东本周将感到高兴,因为根据最新的年度业绩,股价上涨了17%,至309美元。总体而言,这似乎是一个可信的业绩——尽管16亿美元的收入与分析师的预测一致,但Axon Enterprise惊讶地实现了每股2.31美元的法定利润,比预期高出13%。对于投资者来说,盈利是一个重要时刻,因为他们可以追踪公司的业绩,查看分析师对明年的预测,看看对公司的情绪是否发生了变化。我们认为,读者会发现分析师对明年最新(法定)财报后的预测很有趣。
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Taking into account the latest results, the consensus forecast from Axon Enterprise's eleven analysts is for revenues of US$1.93b in 2024. This reflects a substantial 24% improvement in revenue compared to the last 12 months. Per-share earnings are expected to expand 10% to US$2.57. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.88b and earnings per share (EPS) of US$2.61 in 2024. There doesn't appear to have been a major change in sentiment following the results, other than the small increase to revenue estimates.
考虑到最新业绩,Axon Enterprise的11位分析师的共识预测是,2024年的收入为19.3亿美元。这反映了与过去12个月相比,收入大幅增长了24%。每股收益预计将增长10%,至2.57美元。然而,在最新财报公布之前,分析师曾预计2024年的收入为18.8亿美元,每股收益(EPS)为2.61美元。除了收入估计值略有增加外,业绩公布后,市场情绪似乎没有发生重大变化。
The consensus price target increased 17% to US$309, with an improved revenue forecast carrying the promise of a more valuable business, in time. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Axon Enterprise, with the most bullish analyst valuing it at US$339 and the most bearish at US$254 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
共识目标股价上涨了17%,至309美元,收入预测的改善带来了业务价值更高的希望。但是,这并不是我们可以从这些数据中得出的唯一结论,因为一些投资者在评估分析师目标股价时也喜欢考虑估计值的差异。对Axon Enterprise的看法有所不同,最看涨的分析师将其估值为339美元,最看跌的为每股254美元。由于估值范围如此狭窄,分析师显然对他们认为的业务价值有相似的看法。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Axon Enterprise's past performance and to peers in the same industry. The period to the end of 2024 brings more of the same, according to the analysts, with revenue forecast to display 24% growth on an annualised basis. That is in line with its 26% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.5% annually. So although Axon Enterprise is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
这些估计很有趣,但是在查看预测与Axon Enterprise过去的表现以及与同一行业的同行进行比较时,可以更粗略地描述一些细节。分析师表示,截至2024年底将带来更多相同的情况,收入按年计算预计将增长24%。这与其在过去五年中26%的年增长率一致。相比之下,分析师估计(总计),整个行业的收入每年将增长6.5%。因此,尽管预计Axon Enterprise将保持其收入增长率,但其增长速度肯定会超过整个行业。
The Bottom Line
底线
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
最明显的结论是,该业务的前景最近没有重大变化,分析师的收益预测保持稳定,与先前的估计一致。令人高兴的是,他们还上调了收入预期,他们的预测表明,该业务的增长速度预计将快于整个行业。目标股价也大幅提高,分析师显然认为该业务的内在价值正在提高。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Axon Enterprise analysts - going out to 2026, and you can see them free on our platform here.
考虑到这一点,我们仍然认为该业务的长期发展轨迹对于投资者来说更为重要。根据多位Axon Enterprise分析师的估计,到2026年,你可以在我们的平台上免费查看。
You should always think about risks though. Case in point, we've spotted 1 warning sign for Axon Enterprise you should be aware of.
但是,你应该时刻考虑风险。举个例子,我们发现了一个你应该注意的Axon Enterprise警告信号。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。