Q3 EPS Forecast for Byrna Technologies Lifted by Analyst

Key Points

• Roth Capital has increased its Q3 2026 earnings per share forecast for Byrna Technologies from $0.10 to $0.11, maintaining a "Buy" rating with a price target of $37.00.
• Byrna reported earnings of $0.10 per share for Q2, surpassing the consensus estimate of $0.03, alongside a revenue of $28.5 million.
• Institutional investors currently hold 25.46% of Byrna Technologies' stock, with multiple new positions acquired by various firms in recent quarters.

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Roth Capital boosted their Q3 2026 earnings per share estimates for Byrna Technologies in a report released on Wednesday, July 23rd. Roth Capital analyst M. Koranda now forecasts that the company will post earnings per share of $0.11 for the quarter, up from their previous estimate of $0.10. Roth Capital has a "Buy" rating and a $37.00 price objective on the stock. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted its earnings results on Thursday, July 10th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.03 by $0.07. The firm had revenue of $28,505 billion 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%.

BYRN has been the topic of a number of other research reports. Craig Hallum assumed coverage on Byrna Technologies in a research report on Wednesday, July 16th. They issued a "buy" rating and a $39.00 price target on the stock. B. Riley reiterated a "buy" rating and issued a $46.00 price target (up previously from $39.00) on shares of Byrna Technologies in a research report on Friday, July 11th. Finally, Wolfe Research upgraded Byrna Technologies to a "strong-buy" rating in a research report on Friday, June 6th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $38.75.

Byrna Technologies Trading Down 0.0%

NASDAQ BYRN opened at $23.54 on Friday. The business's 50-day moving average price is $27.65 and its two-hundred day moving average price is $25.19. Byrna Technologies has a 12 month low of $7.79 and a 12 month high of $34.78. The firm has a market capitalization of $534.36 million, a PE ratio of 37.97 and a beta of 2.02.

Hedge Funds Weigh In On Byrna Technologies

Several institutional investors have recently added to or reduced their stakes in BYRN. Quarry LP acquired a new position in Byrna Technologies in the fourth quarter valued at approximately $25,000. Russell Investments Group Ltd. acquired a new position in Byrna Technologies in the fourth quarter valued at approximately $29,000. AlphaQuest LLC lifted its stake in Byrna Technologies by 1,772.2% in the first quarter. AlphaQuest LLC now owns 1,816 shares of the company's stock valued at $31,000 after buying an additional 1,719 shares during the period. Summit Securities Group LLC bought a new position in shares of Byrna Technologies during the 1st quarter worth about $32,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Byrna Technologies during the 4th quarter worth about $65,000. 25.46% of the stock is owned by institutional investors and hedge funds.

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.

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