Core Insights - NVDA was picked at $8.78 in 2020, resulting in a nearly 1300% return on that trade [1] - Axon Enterprise, Inc. has generated significant wealth for shareholders, with the stock increasing almost 3250% over the past decade, although it is currently down more than 35% from its highs this year due to profit margin concerns [2] Company Performance - The Long Term Growth Portfolio of the investing group is up nearly 194% since 2018, attributed to a disciplined strategy and risk-aware execution [1] - Axon has seen a substantial increase in stock value over the last ten years, indicating strong long-term performance despite recent short-term declines [2] Investment Strategy - The Data Driven Investor focuses on uncovering alpha in the AI revolution while managing downside risk in a volatile tech landscape [3] - The service includes various strategies such as Options Ideas for short-term income generation, Quantitative Stock Strategies, and tactical ETF strategies [3]

Fund Performance - Alpha Wealth Insiders Fund achieved a return of 4.96% in September 2025, with year-to-date returns reaching 21.37% compared to the S&P 500's September return of 3.65% and year-to-date return of 14.83% [1] Company Overview: Axon Enterprise, Inc. - Axon Enterprise, Inc. (NASDAQ:AXON) specializes in manufacturing conducted energy devices (CEDs) under the TASER brand, along with body cameras and cloud software for law enforcement and public safety [2][3] - The company reported a one-month return of 3.15% and a 52-week decline of 4.79%, with shares closing at $567.93 on December 31, 2025, and a market capitalization of $45.115 billion [2] Business Insights - Axon Enterprise's ecosystem includes devices, sensors, Evidence.com, and AI tools, contributing to strong recurring revenue [3] - The company is expanding into retail, healthcare, and smart-city surveillance, projecting revenues of $2.55–2.65 billion for 2025 [3] Financial Performance - In Q3 2025, Axon generated $711 million in revenue, marking a 31% year-over-year increase [4] - Despite its potential, the company is not among the 30 most popular stocks among hedge funds, with 61 hedge fund portfolios holding its stock at the end of Q3, down from 62 in the previous quarter [4]

Core Viewpoint - Axon Enterprise, Inc. is recognized as a high growth large cap stock, with a recent price target reduction by Morgan Stanley from $760 to $713 while maintaining an "Overweight" rating, indicating continued investor interest despite the adjustment [1][2]. Group 1: Company Performance and Strategy - Axon Enterprise's strategic focus on integrating AI capabilities into its core offerings positions it as a key player in law enforcement data management and analysis, enhancing its competitive edge [2]. - The company's expanding ecosystem of products and services is creating network effects, which are likely to improve customer retention rates [2]. Group 2: Financial Developments - Axon Enterprise has issued a redemption notice for its 0.50% convertible senior notes due in 2027, planning to redeem all outstanding notes on February 10, 2026, at 100% of the principal amount plus accrued interest [3].

Core Insights - Axon Enterprise, Inc. (AXON) is enhancing its position in the counter-drone market through its Dedrone offerings and AI-powered command-and-control platform [2][9] - The acquisition of Dedrone in October 2024 has significantly improved AXON's capabilities in airspace security [3][9] - Strategic partnerships, such as the one with TYTAN, are expanding Dedrone's counter-drone capabilities [4][9] Company Developments - The Dedrone acquisition allows AXON to better protect communities from drone threats and improve incident response [3] - The partnership with TYTAN enhances Dedrone's ability to mitigate Group 3 drone threats [4] - AXON is expected to see strong demand for its Dedrone platform due to rising global conflicts and terrorism [5][9] Industry Performance - Kratos Defense & Security Solutions, Inc. (KTOS) reported a 23% year-over-year revenue increase in its Government Solutions segment, reaching $260.4 million [6] - Teledyne Technologies Incorporated (TDY) saw a 2.2% year-over-year revenue increase in its Digital Imaging segment, totaling $785.4 million [7] Financial Metrics - AXON's shares have declined by 17% over the past three months, while the industry has grown by 5.1% [8] - AXON is trading at a forward price-to-earnings ratio of 76.71X, significantly above the industry average of 46.36X [11] - The Zacks Consensus Estimate for AXON's 2025 earnings has decreased by 8.1% over the past 60 days [12]

Core Insights - Investors with significant capital have adopted a bearish outlook on Axon Enterprise (NASDAQ:AXON) as indicated by recent options trading activity [1][2] - The overall sentiment among large investors is 27% bullish and 54% bearish, suggesting a cautious approach towards the stock [3] Options Trading Activity - Benzinga's options scanner identified 11 unusual options trades for Axon Enterprise, with a total of $217,450 in puts and $939,418 in calls [2][3] - The significant investors are targeting a price range of $390.0 to $690.0 for Axon Enterprise over the past three months based on trading activity [4] Volume and Open Interest - The mean open interest for Axon Enterprise options trades is 106.88, with a total volume of 92.00, indicating a moderate level of trading activity [5] Recent Market Performance - The stock price of AXON is currently at $605.33, reflecting an increase of 1.87% with a trading volume of 277,444 [14] - The next earnings report for Axon Enterprise is scheduled for 64 days from now, which may influence future trading activity [14] Analyst Ratings - A total of 1 professional analyst has set an average price target of $713.0 for Axon Enterprise, maintaining an Overweight rating [11][12]

Core Viewpoint - Axon (NASDAQ: AXON) has shown strong recovery momentum in 2025, with a recent surge of nearly 12% in stock price, leading to speculation about reaching $900 per share in 2026 [2]. Financial Performance - Revenue for Axon grew by 30.6% year over year in the most recent quarter, with expectations for continued growth [4]. - The Software & Services segment, which includes cloud-based evidence management and AI analytics, experienced a significant growth of 39.6% in the first nine months of 2025 [4][8]. - Management has raised the full-year 2025 revenue guidance to approximately 31% growth, indicating confidence despite a Q3 earnings miss [4][8]. Analyst Sentiment - Analysts are overwhelmingly bullish on Axon, with 17 out of 19 analysts rating it a Buy or Strong Buy, and an average price target of $820, suggesting a 38% upside [3][8]. - The stock currently trades at 76x forward earnings based on 2026 estimates, with potential to reach 115x if it hits $900 per share [6]. Market Position - Axon's premium valuation is justified by its high growth rates, particularly in software revenue, which is growing at nearly 40% [6]. - The S&P 500's forward P/E is around 22x, highlighting Axon's significant premium compared to the broader market [7].

Core Insights - Axon (NASDAQ: AXON) has experienced significant volatility in 2025 [1] Company Overview - The company has faced challenges that have impacted its stock performance [1] - Axon is known for its technology solutions in law enforcement and public safety [1] Financial Performance - Specific financial metrics and performance indicators for 2025 have not been detailed in the provided content [1] Market Position - Axon's position in the market remains critical as it navigates through the turbulent year [1] - The company continues to focus on innovation and expanding its product offerings [1]

Core Insights - Axon Enterprise, Inc. and Woodward, Inc. are key players in the aerospace and defense equipment industry, benefiting from increased demand due to rising terrorism and criminal activities, as well as U.S. budgetary policies [2] Axon Enterprise, Inc. (AXON) - Axon is experiencing strong growth in its Connected Devices segment, with a 26% year-over-year revenue increase in the first nine months of 2025, driven by demand for TASER 10 products and the Axon Body 4 camera [3] - Revenues from the TASER product line rose 18% year over year, while Personal Sensors surged 24%, and Platform Solutions revenues soared 69% [4] - The Software & Services segment saw a 39.6% revenue increase in the first nine months of 2025, following a 33.4% jump in 2024 [5] - Axon is focusing on strategic collaborations, such as its partnership with TYTAN to enhance its Counter-Unmanned Aircraft Systems capabilities [6] - However, rising costs are a concern, with cost of sales and SG&A expenses increasing 28.4% and 39.7% year over year, respectively, leading to total operating expenses climbing 47% to $1.21 billion [7] - The company is facing increased debt levels, with long-term notes payable reaching $1.73 billion by the end of Q3 2025, up from zero at the end of 2024 [8] Woodward, Inc. (WWD) - Woodward's Aerospace business is gaining momentum, with a 19.6% year-over-year increase in net sales for Q4 fiscal 2025, driven by strength in commercial services and defense OEM [9] - The Industrial business segment is also performing well, benefiting from demand for power generation and data center support, with consolidated net sales expected to rise 7-12% in fiscal 2026 [11] - Woodward is committed to disciplined capital deployment, focusing on growth reinvestment, shareholder returns, and strategic acquisitions, including a new facility for the Airbus A350 program and the acquisition of Safran's Electronics & Defense business [12] - The company returned $238 million to shareholders in fiscal 2025 and announced a new three-year authorization for up to $1.8 billion in stock repurchases [13][14] - Woodward's shares have outperformed, with a projected EPS growth of 13.5% for 2025 and an increase in EPS estimates for fiscal 2026 and 2027 [18][20] Valuation Comparison - Woodward is trading at a forward price-to-earnings ratio of 36.42X, while Axon's ratio is significantly higher at 73.29X, indicating a more attractive valuation for Woodward [20] Final Assessment - Axon's growth is hindered by rising costs and high debt levels, which may impact margins and performance, while Woodward's strong market position and growth prospects make it a more favorable investment option [22][23][24]

Core Viewpoint - The article emphasizes the importance of combining financial, technical, and macroeconomic analysis to support clients and develop investment theses [1]. Group 1: Company Analysis - The company focuses on identifying both short-term trends and long-term investment opportunities to enhance portfolio growth and mitigate risks [1]. - Various valuation methods and modeling techniques are utilized to assess the growth and value of companies [1]. Group 2: Industry Insights - The content highlights the role of registered investment advisors in providing informed opinions and research to guide investment decisions [3]. - It underscores the necessity for investors to conduct their own research and consult qualified financial professionals before making investment choices [3].

Core Insights - Sands Capital Global Growth Fund reported a -2.0% return in Q3 2025, underperforming the MSCI ACWI's 7.6% return, indicating a challenging market environment despite a surge in global equities [1] Company Overview: Axon Enterprise, Inc. - Axon Enterprise, Inc. is a leading provider of public-safety technology, including body cameras, software, and TASER devices [3] - The company's stock closed at $555.06 on December 16, 2025, with a market capitalization of $43.8 billion [2] Financial Performance - Axon reported Q2 revenue of $669 million, a 33% year-over-year increase, exceeding expectations [3] - In Q3, Axon generated $711 million in revenue, representing a 31% increase year-over-year [4] - Annual recurring revenue rose 18% to $1.18 billion, with a gross margin of 63.3% and an adjusted EBITDA margin of 25.7% [3] Market Position and Trends - Despite a decline in stock price, the drop was attributed to technical factors rather than fundamental issues, as business performance remained strong [3] - Net revenue retention was reported at 124%, and future contracted revenue grew to $10.7 billion, indicating robust growth prospects [3] - Axon is enhancing its AI capabilities through the acquisition of Prepared, an AI platform for 911 call centers, which broadens its role in public safety workflows [3] Hedge Fund Interest - At the end of Q3, 61 hedge fund portfolios held Axon shares, a slight decrease from 62 in the previous quarter [4] - While Axon is recognized for its potential, some analysts suggest that other AI stocks may offer greater upside potential with less downside risk [4]