Jim Cramer on Axon: “It Sells at a Very High Price to Earnings Multiple”
Key takeaways
- Jim Cramer on Axon: “It Sells at a Very High Price to Earnings Multiple” Syeda Seirut Javed Sat, June 6, 2026 at 10:06 PM GMT+7 2 min read AXON Axon Enterprise, Inc.
- You know, look, the only reason I don’t tell you to sell is because I know that the product is, you know, their products are doing well, but the problem is it sells at a very high price to earnings multiple.
- (NASDAQ:AXON) develops and sells TASER devices, body and fleet cameras, and software solutions that help law enforcement capture, store, and manage digital evidence.
Jim Cramer on Axon: “It Sells at a Very High Price to Earnings Multiple” Syeda Seirut Javed Sat, June 6, 2026 at 10:06 PM GMT+7 2 min read AXON Axon Enterprise, Inc. (NASDAQ:AXON) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Mentioning that they own shares of the stock, a caller asked if they should buy more, sell, or hold. In response, Cramer said:
No, I want you to hold it. I want you to hold it. You know, look, the only reason I don’t tell you to sell is because I know that the product is, you know, their products are doing well, but the problem is it sells at a very high price to earnings multiple. Now, people don’t understand the M. This is why I wrote How to Make Money in Any Market. The M is the secret sauce, and the M’s too high, and people are selling that because of it.
Axon Enterprise, Inc. (NASDAQ:AXON) develops and sells TASER devices, body and fleet cameras, and software solutions that help law enforcement capture, store, and manage digital evidence. During the May 15 episode, a caller noted that they have been holding the stock since 2015, when the share price was $34 on Cramer’s suggestion, and inquired about it. Cramer replied: