
Byrna Technologies (BYRN) Stock Forecast & Price Target
Byrna Technologies (BYRN) Analyst Ratings
Bulls say
Byrna Technologies is currently valued at 4x the company's FY27E sales estimate, reflecting a lowered multiple due to potential slowdowns in sales growth and transitional elements in the fiscal year 2026. Macroeconomic risks, such as a decrease in consumer spending or budget constraints for relevant agencies, could have a negative impact on the company's sales. In light of 1Q revenue growth of 11% year-over-year, driven by a shift to retail stores and dealers, the new CEO's transitional elements in FY26 have resulted in a lowered PT from $46 to $31, but the analyst still maintains a positive outlook and recommends a Buy rating.
Bears say
Byrna Technologies is currently facing challenges in executing its business strategy and improving its financial performance. The company's declining website conversion and increasing operating expenses are a cause of concern, along with the potential risks of shipping delays and political instability. Despite launching a new product and working on improving in-store presentation and customer education, the company's financials and estimates for future years have been adjusted due to a transitional period under new leadership. It will be important for the company to address these issues and successfully execute its growth plans in order to improve its overall outlook.
This aggregate rating is based on analysts' research of Byrna Technologies and is not a guaranteed prediction by Public.com or investment advice.
Byrna Technologies (BYRN) Analyst Forecast & Price Prediction
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