Axon stock forecast analysis shows high beta relative to

Axon stock forecast analysis shows high beta relative to the S&P 500, suggesting potential for amplified gains during sector-wide rallies in public safety technology. Analyst reasoning : "Over the next 12-months, we expect APP to execute on a combination of demand and supply expansion initiatives that could improve the efficacy of Axon 2.0 and in-turn deliver estimate and multiple upsides." Net revenue retention: Dollar-based net revenue retention is an important metric to measure our ability to retain and expand our relationships with existing customers. We calculate it as the software, camera and TASER warranty subscription and support revenue from a base set of agency customers from which we generated Axon Cloud subscription and warranty revenue in the last month of a quarter divided by the software and camera warranty subscription and support revenue from the year-ago month of that same customer base. This calculation includes high-margin warranty revenue but purposely excludes the lower-margin hardware subscription component of the customer contracts, as it is meant to be a SaaS metric that we use to monitor the health of the recurring revenue business we are building. This calculation also excludes the implied monthly revenue contribution of customers that were added since the year-ago quarter, and therefore excludes the benefit of new customer acquisition. The metric includes customers, if any, that terminated during the annual period, and therefore, this metric is inclusive of customer churn. This metric is downwardly adjusted to account for the effect of phased deployments—meaning that, for the year-ago period, we consider the total contractually obligated implied monthly revenue amount, rather than monthly revenue amounts that might have been in actuality smaller on a GAAP basis due to the customer not having yet fully deployed their Axon solution. For more information relative to our revenue recognition policies, please reference our filings with the Securities and Exchange Commission (SEC). Analysts tracking Axon stock forecast highlight year-to-date gains of over 18%, backed by expanding TASER and software subscription revenues, reinforcing the company’s long-term growth trajectory within the public safety sector.