Axon Rewires Its Taser Roots With an AI-Powered Pivot
Axon EnterpriseAXON is giving its taser-and-camera empire an AI brain. The Taser stun gun maker crushed Q4 expectations after annual bookings exploded 46% year-over-year, with the company’s AI Era Plan alone generating $750M. CEO Patrick Smith optimistically declared, “We are positioned to be a winner in this AI-driven environment, and we intend to lap the field.”
- Axon’s AI stack converts body-cam audio and video into drafted police reports, real-time translations, and faster evidence reviews — turning raw footage into usable intelligence.
- Goldman Sachs notes Axon is widening its lead by natively embedding AI into its sensors, with two major Q4 deals tied to European cloud deployments and connected devices.
Growth drivers expanding: Management projects 2026 revenue growth between 27% and 30%, with margins hitting 25.5%. Beyond traditional law enforcement, Axon sees major opportunities in federal law enforcement and counter-UAS unmanned aircraft system technology, according to president Joshua Isner. The stock trades at 57x forward earnings, more than double the industry median of 26x, but analysts say the premium reflects Axon’s unique integration of hardware, software, and services in tightly regulated markets.