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Home โบ Stocks โบ Wrap Technologies Inc. (WRAP) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Scientific & Technical Instruments
$1.46
+0.03 (2.10%)Did WRAP Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Wrap Technologies is one of their latest high-conviction picks.
WRAP has shown a year-to-date change of -38.7% and a 1-year change of 0.0%, reflecting flat performance over the past year. Comprehensive analyst forecasts are currently unavailable for WRAP. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for WRAP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 12, 2022 | Ladenburg Thalmann | Jon Hickman | Neutral | Downgrade | $2.10 |
| Mar 11, 2022 | Ladenburg Thalmann | Jon Hickman | Buy | Maintains | $5.25 |
| Jan 25, 2022 | Maxim Group | Hold | Downgrade | $N/A | |
| Apr 15, 2021 | Maxim Group | Buy | Initiates | $N/A | |
| Jul 6, 2020 | Northland Capital Markets | Market Perform | Downgrade | $N/A | |
| Dec 20, 2019 | Northland Capital Markets | Market Perform | Initiates | $N/A | |
| Feb 8, 2019 | Chardan Capital | Buy | Initiates | $N/A |
The following stocks are similar to Wrap Technologies based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
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Develops non-lethal safety solutions for law enforcement.
The company generates revenue by selling its primary product, the BolaWrap, a non-lethal restraint tool, to law enforcement, military, and security agencies. Additionally, it offers training programs to ensure that users can effectively employ its products, creating an additional revenue stream.
Wrap Technologies emphasizes innovation in public safety technology and is focused on providing humane alternatives for de-escalating potentially volatile situations. The company's strategic positioning in the security market highlights its commitment to advancing non-lethal intervention methods, which is increasingly important in modern public safety practices.
Technology
Scientific & Technical Instruments
25
Mr. Scot Jason Cohen
United States
2018
WrapReality's deployment in healthcare enhances security modernization and increases its market potential in a fast-growing sector.
Wrap's expansion into healthcare security indicates potential revenue growth, attracting investor interest in a high-demand sector. This could enhance the company's market position and profitability.
Zacks has initiated coverage on Wrap with an "Underperform" rating, citing concerns over cash burn, slow product uptake, long sales cycles, and competitive pressures affecting growth.
Zacks' "Underperform" rating highlights Wrap's challenges, including cash burn and competitive pressures, signaling potential risks for investors regarding growth and profitability.
Byrna Technologies Inc. (Nasdaq: BYRN) has promoted Matthew Campagni to Chief Strategy Officer, enhancing its leadership in personal defense technology.
Matthew Campagni's promotion to Chief Strategy Officer may signal strategic shifts or new initiatives at Byrna Technologies, potentially impacting future growth and investor confidence.
A company is developing a Kevlar-based cassette platform to enhance drone-to-drone and air-to-ground non-lethal capture technologies for U.S. public safety agencies.
The development of a Kevlar-based platform for drone applications signals potential growth in defense and public safety sectors, attracting investor interest in innovative tech markets.
International demand for counter-UAS capabilities is increasing as public safety agencies look for non-lethal response options to modern threats.
Rising demand for counter-UAS capabilities indicates potential growth in the defense and technology sectors, presenting new investment opportunities in companies providing these solutions.
Galveston Police have purchased BolaWrapยฎ devices and a WrapTacticsโข subscription to implement non-lethal response solutions as part of their broader non-lethal response strategy.
Galveston's adoption of non-lethal response solutions may reduce liability costs and improve community relations, potentially impacting local government budgets and investments in related sectors.
Analyst forecasts for Wrap Technologies Inc. (WRAP) are not currently available. The stock is trading at $1.46.
Analyst ratings for WRAP are not currently available. The stock is currently trading at $1.46. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for WRAP are not currently available. The stock is trading at $1.46.
The company generates revenue by selling its primary product, the BolaWrap, a non-lethal restraint tool, to law enforcement, military, and security agencies. Additionally, it offers training programs to ensure that users can effectively employ its products, creating an additional revenue stream.
Price targets from Wall Street analysts for WRAP are not currently available. The stock is trading at $1.46.
Price targets from Wall Street analysts for WRAP are not currently available. The stock is trading at $1.46.
Analyst ratings for WRAP are not currently available. The stock is trading at $1.46.
Stock price projections, including those for Wrap Technologies Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.