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Is This Axon's Next Billion-Dollar Business?

Enterprise and consumer products could be big business for Axon.

By Travis Hoium – Dec 19, 2024 at 10:53AM EST

Axon (AXON 1.32%) has become the go-to in body cameras for law enforcement, and we now know retailer Walmart (WMT 0.41%) is bringing body cameras into its stores. Does this open a new market for Axon? In this video, Travis Hoium digs into what could be a multibillion-dollar business.

*Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 19, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise, Target, and Walmart. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Axon Enterprise Stock Quote
Axon Enterprise
NASDAQ: AXON
$489.99
(-1.25%)-$6.19
Walmart Stock Quote
Walmart
NASDAQ: WMT
$125.99
(-0.42%)-$0.53
Target Stock Quote
Target
NYSE: TGT
$117.05
(-0.25%)-$0.29

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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