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How Strong Growth Metrics Asserts Axon Enterprise, Inc. (AXON) as Top Industrial Stock
Axon Enterprise, Inc. (NASDAQ: AXON) is highlighted as a top industrial stock due to strong growth metrics and analyst optimism. TD Cowen reiterated a Buy rating with an $825 price target, anticipating revenue growth above 30%, while RBC Capital forecasts $6 billion in revenue and 28% EBITDA margins by fiscal 2028, largely driven by significant uptake of new AI-powered products and a highly durable end market. The company develops technology for law enforcement, including TASER weapons, body cameras, drones, and the Evidence.com cloud platform.