BYRNA TECHNOLOGIES INC.

BYRNA TECHNOLOGIES INC. Stock Forecast & Price Prediction

Live BYRNA TECHNOLOGIES INC. Stock (BYRN) Price
$15.95

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$15.95

P/E Ratio

-30.32

Volume Traded Today

$584,800

Dividend

Dividends not available for BYRN

52 Week High/low

15.34/2.19

BYRNA TECHNOLOGIES INC. Market Cap

$255.6M

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BYRN Summary

From what 0 stock analysts predict, the share price for BYRNA TECHNOLOGIES INC. (BYRN) might increase by 13.67% in the next year. This is based on a 12-month average estimation for BYRN. Price targets go from $16.25 to $20. The majority of stock analysts believe BYRN is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BYRN Analyst Ratings

About 0 Wall Street analysts have assignedBYRN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BYRNA TECHNOLOGIES INC. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BYRN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BYRN stock forecast by analyst

These are the latest 20 analyst ratings of BYRN.

Analyst/Firm

Rating

Price Target

Change

Date

Matt Koranda
Roth MKM

Buy

$14

Initiates

Aug 28, 2024
Jon Hickman
Ladenburg Thalmann

Buy

$16.25

Maintains

Apr 9, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$17

Reiterates

Apr 8, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$8

Maintains

Dec 20, 2023
Brian Gesuale
Raymond James

Market Perform


Downgrade

Sep 27, 2023
James McIlree
Dawson James

Neutral


Downgrade

Sep 27, 2023
Brian Gesuale
Raymond James

Strong Buy

$8

Maintains

Jul 12, 2023
Jeff Van Sinderen
B. Riley Securities

Buy

$9

Maintains

Jul 12, 2023
James McIlree
Dawson James

Buy

$7.25

Maintains

Jul 12, 2023
Jeff Van Sinderen
B. Riley Securities

Buy

$16

Maintains

Oct 6, 2022
Brian Gesuale
Raymond James

Strong Buy

$15

Maintains

Oct 6, 2022
Jeff Van Sinderen
B. Riley Securities

Buy

$19

Maintains

Sep 9, 2022
James McIlree
Dawson James

Buy

$12

Initiates

Apr 26, 2022
Brian Gesuale
Raymond James

Strong Buy

$20

Maintains

Apr 7, 2022
Jon Hickman
Ladenburg Thalmann

Buy

$14

Maintains

Feb 22, 2022
Brian Gesuale
Raymond James

Strong Buy

$25

Maintains

Feb 14, 2022
Jeff Van Sinderen
B. Riley Securities

Buy

$23

Maintains

Feb 14, 2022
Brian Gesuale
Raymond James

Strong Buy

$34

Maintains

Oct 11, 2021

Raymond James

Strong Buy


Initiates

Aug 20, 2021

B. Riley Securities

Buy


Initiates

Aug 2, 2021

BYRN Company Information

  • Company Overview: Byrna Technologies Inc. is a non-lethal defense technology company.
  • Business Model: Provides non-lethal alternative solutions for law enforcement and private security.
  • Product Range:
    • Handheld personal security devices and shoulder-fired launchers.
    • Projectiles including chemical irritant, kinetic, and inert rounds.
    • Self-defense aerosol products under the Byran Bad Guy Repellent brand.
    • Accessories such as carbon dioxide canisters, sighting systems, and holsters under the Byran Banshee and Byran Shield brands.
    • Byrna-branded apparel.
  • Market Presence: Products available through Byrna e-commerce store, Amazon storefront, and a network of outdoor and sporting goods stores.
  • Professional Security Market: Offers a Train the Trainer program and de-escalation methods.
  • Geographic Reach: Operates in the United States, South Africa, Europe, South America, Asia, and Canada.
  • History: Formerly known as Security Devices International, Inc., rebranded to Byrna Technologies Inc. in March 2020; incorporated in 2005.
  • Headquarters: Located in Andover, Massachusetts.
BYRN
BYRNA TECHNOLOGIES INC. (BYRN)

When did it IPO

N/A

Staff Count

106

Country

United States

Sector/Industry

Industrials/Aerospace & Defense

CEO

Mr. Bryan Scott Ganz

Market Cap

$255.6M

BYRNA TECHNOLOGIES INC. (BYRN) Financial Data

In 2023, BYRN generated $42.6M in revenue, which was a decrease of -11.22% from the previous year. This can be seen as a signal that BYRN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$16.6M

Revenue From 2021

$42.2M

154.50 %
From Previous Year

Revenue From 2022

$48.0M

13.94 %
From Previous Year

Revenue From 2023

$42.6M

-11.22 %
From Previous Year
  • Revenue TTM $59.6M
  • Operating Margin TTM 9.4%
  • Gross profit TTM $23.6M
  • Return on assets TTM -3.4%
  • Return on equity TTM -6.3%
  • Profit Margin -4.7%
  • Book Value Per Share 1.99%
  • Market capitalisation $255.6M
  • Revenue for 2021 $42.2M
  • Revenue for 2022 $48.0M
  • Revenue for 2023 $42.6M
  • EPS this year (TTM) $-0.13

BYRNA TECHNOLOGIES INC. (BYRN) Latest News

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ANDOVER, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (โ€œByrnaโ€ or the โ€œCompanyโ€) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that security professionals and private citizens in Mexico can now legally carry Byrna launchers following the successful completion of a newly approved, federally certified training program.

News Image

Wed, 28 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ANDOVER, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (โ€œByrnaโ€ or the โ€œCompanyโ€) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that the Ministry of the Interior of Uruguay has purchased 400 Byrna launchers and over 100,000 rounds of less-lethal ammunition for the Uruguayan National Police.

News Image

Wed, 14 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Here is how Byrna Technologies Inc. (BYRN) and Climb Global Solutions (CLMB) have performed compared to their sector so far this year.

News Image

Sun, 11 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Byrna Technologies manufactures and sells non-lethal CO2-powered guns primarily to US citizens for personal safety. After being banned from social media, BYRN implemented a new marketing strategy leading to a 76% revenue jump in Q2 2024. BYRN's flawless balance sheet, growing sales, and new products have led to a price target of $60, a 500% increase from the current price.

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ANDOVER, Mass., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (โ€œByrnaโ€ or the โ€œCompanyโ€) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that its Board of Directors has approved a $10 million stock repurchase program. This program authorizes the Company to repurchase up to $10 million of its common stock over a twenty-four month period.

News Image

Wed, 17 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ANDOVER, Mass., July 17, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (โ€œByrnaโ€ or the โ€œCompanyโ€) (Nasdaq: BYRN), a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced the city of Buenos Aires has purchased 500 Byrna SDs for its police force. This large order was highlighted in a recent demonstration held by the City of Buenos Aires (the โ€œCityโ€) and Mayor Jorge Macri, where they demonstrated the training of police officers with these new less-lethal devices at the Higher Institute of Public Security (ISSP). The City Police will integrate 500 Byrna SDs into their operations next month, with personnel already undergoing training.

...

BYRN Frequently asked questions

The highest forecasted price for BYRN is $20 from Brian Gesuale at Raymond James.

The lowest forecasted price for BYRN is $16.25 from Jon Hickman from Ladenburg Thalmann

The BYRN analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.