Morgan Stanley Reduces PT on Axon Enterprise (AXON) Stock

Axon Enterprise, Inc. (NASDAQ:AXON) is 1 of the High Growth Large Cap Stocks to Buy Right Now. On December 17, Morgan Stanley expert Meta Marshall reduced the terms nonsubjective connected the company’s banal to $713 from $760, portion keeping an “Overweight” rating. The expert believes that the AI trade broadened retired from semi stocks successful 2025, which supported the infrastructure stocks, chiefly wrong the optical sector. As per the analyst, this commercialized tin continue, chiefly successful optical, done H1 2026. That being said, the investors are required to beryllium much selective for full-year returns, considering the multiples, added Marshall.

Notably, Axon Enterprise, Inc. (NASDAQ:AXON)’s strategical accent connected integration of AI capabilities successful the halfway offerings placed it arsenic a captious subordinate successful instrumentality enforcement information absorption and analysis. Its expanding ecosystem of products and services continues to make web effects, which tin effect successful higher lawsuit retention.

In a antithetic update, Axon Enterprise, Inc. (NASDAQ:AXON) delivered a redemption announcement regarding its 0.50% convertible elder notes owed 2027. The institution elected to redeem each of the outstanding notes connected February 10, 2026, astatine a redemption terms adjacent to 100% of the main magnitude of the notes to beryllium redeemed, on with accrued and unpaid involvement connected the notes redeemed to, but excluding, the redemption date.

Axon Enterprise, Inc. (NASDAQ:AXON) offers nationalist information exertion solutions.

While we admit the imaginable of AXON arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.