Q3 EPS Estimates for Byrna Technologies Reduced by B. Riley

Key Points

• B. Riley has lowered its Q3 2025 earnings per share estimate for Byrna Technologies from $0.05 to $0.04, while maintaining a "Buy" rating and a price target of $46.00.
• Byrna Technologies recently reported earnings of $0.10 per share, exceeding analysts' expectations of $0.03, alongside a revenue of $28.5 million.
• Institutional ownership of Byrna Technologies stock has increased, with multiple firms raising their holdings in recent months, indicating growing confidence in the company's prospects.

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Stock analysts at B. Riley dropped their Q3 2025 earnings per share (EPS) estimates for Byrna Technologies in a research report issued to clients and investors on Tuesday, August 26th. B. Riley analyst J. Van. Sinderen now forecasts that the company will earn $0.04 per share for the quarter, down from their prior forecast of $0.05. B. Riley currently has a "Buy" rating and a $46.00 price target on the stock. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share. B. Riley also issued estimates for Byrna Technologies' Q4 2025 earnings at $0.11 EPS.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its earnings results on Thursday, July 10th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.05. The company had revenue of $28.51 million during the quarter, compared to the consensus estimate of $28.47 million. Byrna Technologies had a return on equity of 16.96% and a net margin of 14.28%.

Other equities analysts also recently issued research reports about the company. Roth Capital upped their target price on Byrna Technologies from $33.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Craig Hallum assumed coverage on Byrna Technologies in a report on Wednesday, July 16th. They issued a "buy" rating and a $39.00 price objective for the company. Finally, Wolfe Research upgraded Byrna Technologies to a "strong-buy" rating in a report on Friday, June 6th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $38.75.

Byrna Technologies Stock Performance

Shares of Byrna Technologies stock traded up $0.70 during midday trading on Wednesday, reaching $20.40. 401,531 shares of the company's stock traded hands, compared to its average volume of 438,965. The company has a market cap of $463.08 million, a PE ratio of 32.90 and a beta of 2.02. The stock has a 50 day moving average of $23.93 and a 200-day moving average of $23.54. Byrna Technologies has a 12 month low of $10.66 and a 12 month high of $34.78.

Institutional Investors Weigh In On Byrna Technologies

Several large investors have recently bought and sold shares of BYRN. Driehaus Capital Management LLC boosted its position in Byrna Technologies by 39.3% in the first quarter. Driehaus Capital Management LLC now owns 449,848 shares of the company's stock worth $7,575,000 after purchasing an additional 126,894 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Byrna Technologies by 27.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 436,322 shares of the company's stock valued at $13,474,000 after buying an additional 93,626 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Byrna Technologies by 7.4% during the 2nd quarter. Geode Capital Management LLC now owns 431,849 shares of the company's stock valued at $13,338,000 after buying an additional 29,666 shares in the last quarter. Invesco Ltd. purchased a new position in shares of Byrna Technologies during the 2nd quarter valued at about $13,079,000. Finally, Millennium Management LLC lifted its position in shares of Byrna Technologies by 247.9% during the 1st quarter. Millennium Management LLC now owns 326,670 shares of the company's stock valued at $5,501,000 after buying an additional 232,770 shares in the last quarter. 25.46% of the stock is currently owned by institutional investors.

Byrna Technologies Company Profile

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.