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Axon Enterprise Stock To $323?
Axon Enterprise (AXON) stock has recently fallen by 21.2% and Trefis suggests it could drop further, potentially reaching $323 due to its high valuation. While historical data shows median returns of 23% in the 12 months following sharp dips, the current analysis advises caution before buying, highlighting that AXON has triggered 21 dip events since 2010. The article also provides a financial quality check for Axon, indicating healthy revenue growth and cash flow.