Axon Posted 'Clean' Q2 Results, Contracted Bookings Met Expectations, Morgan Stanley Says

MT Newswires Live08-06

Axon (AXON) delivered "clean" Q2 results, while the company's $15.1 billion of future contracted bookings met expectations, Morgan Stanley said in a note Thursday.

The note said that the future contracted bookings seem to indicate a "healthy underlying demand environment."

The investment firm also highlighted that the company's new disclosure for bookings with durations below five years will likely "give investors a cleaner read on near-term momentum and reduce the noise from changes in contract length."

Morgan Stanley said it now expects Axon to deliver revenue growth of 33% in 2026 and 34% in 2027.

The investment firm said its "slightly higher estimates" are a reflection of "continued traction across Axon's broader product and end-market portfolio, including counter-drone, international, enterprise and newer software offerings."

Morgan Stanley kept Axon's overweight rating and raised the company's price target to $640 from $600, citing the likelihood of faster revenue growth.

Price: 553.46, Change: -56.03, Percent Change: -9.19

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657465515?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-06 23:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657465515","market":"fut","top_or_hot":-1,"title":"Axon Posted 'Clean' Q2 Results, Contracted Bookings Met Expectations, Morgan Stanley Says","media":"MT Newswires Live","content":"<html><body><p> Axon (AXON) delivered \"clean\" Q2 results, while the company's $15.1 billion of future contracted bookings met expectations, Morgan Stanley said in a note Thursday.</p><p>The note said that the future contracted bookings seem to indicate a \"healthy underlying demand environment.\"</p><p>The investment firm also highlighted that the company's new disclosure for bookings with durations below five years will likely \"give investors a cleaner read on near-term momentum and reduce the noise from changes in contract length.\"</p><p>Morgan Stanley said it now expects Axon to deliver revenue growth of 33% in 2026 and 34% in 2027.</p><p>The investment firm said its \"slightly higher estimates\" are a reflection of \"continued traction across Axon's broader product and end-market portfolio, including counter-drone, international, enterprise and newer software offerings.\"</p><p>Morgan Stanley kept Axon's overweight rating and raised the company's price target to $640 from $600, citing the likelihood of faster revenue growth.</p><p>Price: 553.46, Change: -56.03, Percent Change: -9.19</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Axon Posted 'Clean' Q2 Results, Contracted Bookings Met Expectations, Morgan Stanley Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAxon Posted 'Clean' Q2 Results, Contracted Bookings Met Expectations, Morgan Stanley Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-06 23:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Axon (AXON) delivered \"clean\" Q2 results, while the company's $15.1 billion of future contracted bookings met expectations, Morgan Stanley said in a note Thursday.</p><p>The note said that the future contracted bookings seem to indicate a \"healthy underlying demand environment.\"</p><p>The investment firm also highlighted that the company's new disclosure for bookings with durations below five years will likely \"give investors a cleaner read on near-term momentum and reduce the noise from changes in contract length.\"</p><p>Morgan Stanley said it now expects Axon to deliver revenue growth of 33% in 2026 and 34% in 2027.</p><p>The investment firm said its \"slightly higher estimates\" are a reflection of \"continued traction across Axon's broader product and end-market portfolio, including counter-drone, international, enterprise and newer software offerings.\"</p><p>Morgan Stanley kept Axon's overweight rating and raised the company's price target to $640 from $600, citing the likelihood of faster revenue growth.</p><p>Price: 553.46, Change: -56.03, Percent Change: -9.19</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0672654240.SGD","symbol_name":"FTIF - Franklin US Opportunities A Acc SGD-H1","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657465515","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657465515","pubTimestamp":1786031463,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Axon  delivered \"clean\" Q2 results, while the company's $15.1 billion of future contracted bookings met expectations, Morgan Stanley said in a note Thursday.The note said that the future contracted bookings seem to indicate a \"healthy underlying demand environment.\"The investment firm also highlighted that the company's new disclosure for bookings with durations below five years will likely \"give investors a cleaner read on near-term momentum and reduce the noise from changes in contract length.\"Morgan Stanley said it now expects Axon to deliver revenue growth of 33% in 2026 and 34% in 2027.The investment firm said its \"slightly higher estimates\" are a reflection of \"continued traction across Axon's broader product and end-market portfolio, including counter-drone, international, enterprise and newer software offerings.\"Morgan Stanley kept Axon's overweight rating and raised the company's price target to $640 from $600, citing the likelihood of faster revenue growth.Price: 553.46, Chan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","EYES":"Corgi Data & Surveillance ETF","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","AXON":"Axon Enterprise, Inc.","BK4548":"巴美列捷福持仓","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","GUNZ":"Tuttle Capital Self Defense Index ETF","LU2063271972.USD":"富兰克林创新领域基金","XAR":"SPDR S&P Aerospace & Defense ETF","BK4588":"碎股","BK4187":"航天航空与国防","AXUP":"2倍做多AXON ETF-T-Rex","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD"},"translate_title":"摩根士丹利表示，Axon 公布了“干净”的第二季度业绩，合同预订量符合预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXUP":0.6,"XAR":0.6,"GUNZ":0.6,"EYES":0.6,"AXON":1},"content_text":"Axon (AXON) delivered \"clean\" Q2 results, while the company's $15.1 billion of future contracted bookings met expectations, Morgan Stanley said in a note Thursday.The note said that the future contracted bookings seem to indicate a \"healthy underlying demand environment.\"The investment firm also highlighted that the company's new disclosure for bookings with durations below five years will likely \"give investors a cleaner read on near-term momentum and reduce the noise from changes in contract length.\"Morgan Stanley said it now expects Axon to deliver revenue growth of 33% in 2026 and 34% in 2027.The investment firm said its \"slightly higher estimates\" are a reflection of \"continued traction across Axon's broader product and end-market portfolio, including counter-drone, international, enterprise and newer software offerings.\"Morgan Stanley kept Axon's overweight rating and raised the company's price target to $640 from $600, citing the likelihood of faster revenue growth.Price: 553.46, Change: -56.03, Percent Change: -9.19","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657465515","isCrawlerRequest":true}