AXON monthly performance report
Monthly AXON research: returns, drawdown, relative strength, seasonality, and key stats.
AXON monthly report
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Key takeaways
- Axon Enterprise (AXON) closed September 2026 at $490.18, down 13.48% for the month and −35.17% over the trailing 12 months.
- Year-to-date, AXON is −13.69%, underperforming the S&P 500 which has returned +11.58% YTD.
- The stock is trading −2.96% versus its 200-day moving average ($505.13), a cautious technical signal.
- Over the past three years, AXON has outperformed the S&P 500 by +61.71%, with a relative strength index reading of 136.5.
- Win rate over the trailing 39 months stands at 59% — 23 positive months versus 16 negative months.
Axon Enterprise ended September 2026 at $490.18, posting a monthly return of −13.48%. The S&P 500 returned −0.80% over the same window, leaving relative performance at −12.68%.
The current quarter stands at −12.56% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −2.96% versus the 200-day moving average ($505.13).
Year-to-date, AXON is −13.69% against SPY +11.58%, a gap of −25.27%. The stock is currently −38.12% below its 52-week high, with maximum 3-year drawdown at −60.28%.
| Period | AXON | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +2.26% | −0.45% | +2.71% |
| 1 Week | −4.94% | −1.21% | −3.73% |
| 1 Month | −13.48% | −0.80% | −12.68% |
| 3 Months | +9.52% | +3.13% | +6.38% |
| 6 Months | −12.32% | +12.36% | −24.68% |
| YTD | −13.69% | +11.58% | −25.27% |
| 12 Months | −35.17% | +15.74% | −50.91% |
| 3 Years | +130.66% | +68.95% | +61.71% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2024 | +52.77% |
| #2 | Jun 2026 | +24.94% |
| #3 | Feb 2024 | +23.41% |
| #4 | May 2025 | +22.35% |
| #5 | Aug 2024 | +21.65% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2025 | −26.23% |
| #2 | Mar 2026 | −21.70% |
| #3 | Feb 2025 | −18.97% |
| #4 | Jan 2026 | −14.85% |
| #5 | Sep 2026 | −13.48% |
| Quarter | Return |
|---|---|
| Q2 2025 | +57.42% |
| Q3 2025 | −13.32% |
| Q4 2025 | −20.86% |
| Q1 2026 | −25.22% |
| Q2 2026 | +32.00% |
| Q3 2026 (QTD) | −12.56% |
| Year | Return |
|---|---|
| 2023 | +55.69% |
| 2024 | +130.06% |
| 2025 | −4.44% |
| 2026 | −13.69% |
| Metric | Value |
|---|---|
| 52-Week High | $792.16 (2025-09-23) |
| 52-Week Low | $339.23 (2026-04-10) |
| Current Price | $490.18 |
| 200-Day Moving Average | $505.13 |
| Price vs 200DMA | −2.96% |
| 3-Year Maximum Drawdown | −60.28% (2026-04-10) |
| Current Drawdown from 52W High | −38.12% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 136.5 |
| 3-Year Excess Return vs S&P 500 | +61.71% |
| RS Peak | 292.6 (Aug 2025) |
| RS Trough | 94.4 (Sep 2023) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was AXON's return for this report period?
AXON returned −13.48% in the latest monthly window ending 2026-09-14.
Has AXON outperformed SPY year to date?
YTD AXON: −13.69% vs SPY: +11.58%.
What is AXON's 12-month return?
−35.17% over the trailing 12 months.
Is AXON above or below its 200-day moving average?
Price is −2.96% versus 200DMA ($505.13).
What is the maximum drawdown in the 3-year window?
−60.28% on 2026-04-10.