Roth Capital Predicts Higher Earnings for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN) – Stock analysts at Roth Capital lifted their FY2026 earnings estimates for shares of Byrna Technologies in a research note issued to investors on Wednesday, February 5th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.32 per share for the year, up from their previous estimate of $0.30. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.19 per share.

Separately, Roth Mkm reissued a “buy” rating and set a $20.00 target price on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Byrna Technologies has a consensus rating of “Buy” and an average target price of $17.75.

Byrna Technologies Stock Up 3.8 %

NASDAQ BYRN opened at $27.50 on Friday. The stock has a market capitalization of $625.90 million, a P/E ratio of 305.59 and a beta of 1.65. Byrna Technologies has a 52-week low of $7.79 and a 52-week high of $32.58. The firm has a 50-day moving average price of $26.90 and a 200 day moving average price of $18.78.

Hedge Funds Weigh In On Byrna Technologies

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in shares of Byrna Technologies in the 4th quarter worth about $30,000. nVerses Capital LLC purchased a new position in Byrna Technologies during the third quarter worth $34,000. NCP Inc. acquired a new position in shares of Byrna Technologies in the fourth quarter worth $37,000. Quest Partners LLC purchased a new stake in shares of Byrna Technologies in the third quarter valued at $46,000. Finally, Algert Global LLC purchased a new stake in Byrna Technologies during the 2nd quarter worth about $131,000. 25.46% of the stock is owned by hedge funds and other institutional investors.

About Byrna Technologies

Byrna Technologies Inc, a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. The company offers handheld personal security devices and shoulder-fired launchers without the need for background check or firearm license; and projectiles including chemical irritant, kinetic, and inert rounds.