Axon Enterprise (AXON) Cooled Down After Years of Outperformance

4 weeks ago 16

Soumya Eswaran

Tue, November 25, 2025 astatine 6:13 AM CST 3 min read

Carillon Tower Advisers, an concern absorption company, released its “Carillon Eagle Mid Cap Growth Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. In the 3rd quarter, the equity markets continued their rally, fueled by enthusiasm for AI, constricted grounds of inflationary effects from tariffs, and expectations for further involvement complaint cuts from the U.S. Federal Reserve. Mid-cap stocks besides maintained their affirmative gains during the quarter. The Russell Midcap Growth Index (up 2.78%) underperformed the Russell Midcap® Value Index (up 6.16%) successful the quarter. The missive further shared the firm's elaborate views connected Cyclicals, Healthcare, Information Technology, Financials, and Consumer sectors. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Carillon Eagle Mid Cap Growth Fund highlighted stocks specified arsenic Axon Enterprise, Inc. (NASDAQ:AXON). Axon Enterprise, Inc. (NASDAQ:AXON) manufactures conducted vigor devices (CEDs) nether the TASER brand. The one-month instrumentality of Axon Enterprise, Inc. (NASDAQ:AXON) was -30.52%, and its shares mislaid 17.01% of their worth implicit the past 52 weeks. On November 13, 2025, Axon Enterprise, Inc. (NASDAQ:AXON) banal closed astatine $524.60 per share, with a marketplace capitalization of $41.396 billion.

Carillon Eagle Mid Cap Growth Fund stated the pursuing regarding Axon Enterprise, Inc. (NASDAQ:AXON) successful its 3rd 4th 2025 capitalist letter:

"Axon Enterprise, Inc. (NASDAQ:AXON) provides instrumentality enforcement and information exertion solutions. After an awesome tally of outperformance implicit the past fewer years, the company’s banal lagged contempt posting different 4th of robust maturation and affirmative momentum successful its caller merchandise development. Axon remains intensely focused connected the improvement of innovative solutions to code each aspects of the instrumentality enforcement process and has made important strides precocious successful the emerging areas of drones and perchance transformational AI-enabled solutions. In addition, Axon continues to grow its offerings extracurricular of its accepted instrumentality enforcement country and has precocious highlighted the important accidental that could prevarication successful these caller markets."

Jim Cramer Notes Axon (AXON) is simply a “New High Natural”

Axon Enterprise, Inc. (NASDAQ:AXON) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 62 hedge money portfolios held Axon Enterprise, Inc. (NASDAQ:AXON) astatine the extremity of the 2nd quarter, which was 61 successful the erstwhile quarter. In the 3rd quarter, Axon Enterprise, Inc. (NASDAQ:AXON) generated $711 cardinal in revenue, representing a 31% summation year-over-year. While we admit the imaginable of Axon Enterprise, Inc. (NASDAQ:AXON) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.