AXON (AXON) Securities Investigation Notice - Levi & Korsinsky

Three delayed Federal Dedrone counter-drone deployments pulled approximately $130 million from Axon's 2026 revenue outlook. The investigation centers on the Company's exposure to federal customer timing.

NEW YORK, Nov. 13, 2026 /PRNewswire/ -- AXON shares fell after Axon Enterprise, Inc. (NASDAQ: AXON) disclosed on November 5, 2026 that three Federal counter-drone deployments had been delayed, stripping approximately $130 million from its 2026 revenue outlook. If you lost money on AXON as the federal delays hit, you are encouraged to report your AXON losses here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

All three projects sit inside Axon's Federal Dedrone business. They include a $30 million deployment originally expected in the third quarter and two projects previously slated for the fourth quarter totaling approximately $100 million. Axon cut its 2026 revenue outlook to $3.61 billion to $3.63 billion, or roughly 30% growth, from $3.67 billion to $3.725 billion. In its Q3 2026 Form 10-Q, filed November 6, 2026, the Company reported that higher counter-drone equipment volume primarily drove a $64.2 million increase in its Platform Solutions segment.

During the previous quarter's call on August 5, 2026, Federal timing risk came up on Axon's February 25, 2025 earnings call, CEO Joshua Isner noted he was "excited to see our federal business showing a lot of promise," while touting their Dedrone utilization at the World Cup. During the first quarter call on May 6, 2026, when speaking to their federal opportunity, CEO Isner touted how they were "seeing a lot of interest in Dedrone."

Levi & Korsinsky is investigating potential securities law violations on behalf of AXON investors. AXON shareholders who suffered losses tied to the federal deployment delays should see if you can recover your AXON losses or call Joseph E. Levi, Esq. at (212) 363-7500.

WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered billions of dollars for investors.

Frequently Asked Questions About the AXON Investigation

Q: Who is eligible to participate in the AXON investigation?A: Investors who purchased AXON stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Axon Enterprise, Inc. made materially false or misleading statements regarding how exposed its 2026 revenue outlook was to the timing of Federal counter-drone deployments. When the Company disclosed on November 5, 2026 that three delayed Federal Dedrone deployments removed approximately $130 million from its 2026 revenue outlook, the stock price declined sharply.

Q: What do AXON investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my AXON shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought AXON and sold at a loss may still participate in the investigation.

Q: What if my AXON losses are small -- is it still worth contacting a lawyer?A: Yes. There is no minimum loss amount required to participate in the investigation.

Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

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SOURCE Levi & Korsinsky, LLP