TRU-SENTIMENT · DeltaNeutral
AXON Trading Analysis - 09/11/2026 04:26 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
AXON (Axon Enterprise, Inc. Common Stock) at $483.85. True Sentiment Bullish, delta 40-60 call 62% / put 38%, call $716,600 vs put $449,460. RSI 20.4.
- Symbol
- AXON
- Price
- $483.85
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 16:26:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall Sentiment: The true sentiment analysis indicates a bullish sentiment, with a call dollar volume of $716,600 and a put dollar volume of $449,460.
Call vs Put: The call-to-put ratio is 61.5% to 38.5%, indicating a bullish bias in options trading.
Key Statistics: AXON
Fundamental Snapshot
Valuation
| P/E (Trailing) | 198.69 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 20.99 |
Profitability
| EPS (Trailing) | $2.41 |
| EPS (Forward) | N/A |
| ROE | 5.42% |
| Net Margin | 6.19% |
Financial Health
| Revenue (TTM) | $3.22B |
| Debt/Equity | 0.47 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for AXON include:
- Axon Enterprise (AXON) reports Q2 2026 earnings on August 7, 2026, beating estimates with $2.71 EPS and $546.3M revenue.
- On September 10, 2026, AXON announced a new line of TASER devices with enhanced safety features.
- Institutional investors have been accumulating AXON shares, with a 10.2% increase in institutional ownership over the past quarter.
These headlines suggest that AXON has been experiencing positive momentum, driven by strong earnings and new product releases. The institutional accumulation could be a bullish indicator for the stock.
Fundamental Analysis:
Revenue Growth: The provided fundamentals data does not give a clear revenue growth rate, but revenue is $3,219,009,000.
Profit Margins: Gross margin is 59.41%, operating margin is 0.74%, and net profit margin is 6.19%. These margins indicate that AXON has a strong gross margin but relatively low operating and net margins.
Earnings Per Share (EPS): Trailing EPS is $2.41, and the trailing P/E ratio is 198.69, suggesting that the stock may be overvalued.
Valuation: The PEG ratio is not provided, but the P/E ratio of 198.69 is significantly higher than the sector average, indicating potential overvaluation.
Key Strengths/Concerns: Strengths include a strong gross margin and increasing institutional ownership. Concerns include low operating and net margins, high P/E ratio, and a debt-to-equity ratio of 0.47.
Current Market Position:
Current Price: $479.34
Recent Price Action: The stock has been trending downward over the past few days, with a recent low of $473.25 and a high of $488.46.
Support and Resistance: Key support levels are around $475-$480, while resistance levels are around $485-$490.
Technical Analysis:
SMA Trends: The 5-day SMA is $493.86, the 20-day SMA is $567.71, and the 50-day SMA is $563.30. The stock is currently below all three SMAs, indicating a bearish trend.
RSI: The RSI (14) is 20.38, indicating that the stock is oversold.
MACD: The MACD is -22.83, and the signal line is -18.27, indicating a bearish trend.
Bollinger Bands: The stock is currently below the middle band, indicating a bearish trend.
30-day High/Low: The stock is currently near the lower end of its 30-day range, indicating potential for a bounce.
True Sentiment Analysis (Delta 40-60 Options):
Overall Sentiment: The true sentiment analysis indicates a bullish sentiment, with a call dollar volume of $716,600 and a put dollar volume of $449,460.
Call vs Put: The call-to-put ratio is 61.5% to 38.5%, indicating a bullish bias in options trading.
Key Price Levels:
Support: $475, $480
Resistance: $485, $490
Entry: $478
Target: $495
Stop Loss: $472
25-Day Price Forecast:
Based on current trends, AXON is projected to trade in a range of $472.50 to $502.75 over the next 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three defined risk strategy recommendations:
- Bull Call Spread: Buy the $480 call and sell the $495 call, expiring on October 16, 2026. This strategy has a limited upside but also limited downside risk.
- Bear Put Spread: Buy the $475 put and sell the $460 put, expiring on October 16, 2026. This strategy has a limited downside but also limited upside potential.
- Iron Condor: Sell the $480 call and buy the $495 call, while selling the $475 put and buying the $460 put, expiring on October 16, 2026. This strategy has a limited profit potential but also limited risk.
Risk Factors:
Technical Weakness: The stock is currently in a bearish trend, with a low RSI and MACD.
Sentiment Divergences: The true sentiment analysis indicates a bullish sentiment, but the technical indicators suggest a bearish trend.
Volatility: The ATR is 25.75, indicating high volatility.
Summary & Conviction Level:
Overall Bias: Neutral
Conviction Level: Medium
One-line Trade Idea: Consider a bull call spread or bear put spread on AXON, given the bullish sentiment and bearish technical trend.
View AXON Options Chain