Roth Capital Has Bullish Estimate for BYRN FY2026 Earnings

Key Points

• Roth Capital has upgraded its earnings per share estimate for Byrna Technologies for FY2026 to $0.50, raising it from a previous estimate of $0.49, and maintaining a "Buy" rating for the stock with a price target of $37.00.
• Byrna Technologies reported a quarterly earnings increase, achieving $0.10 per share, exceeding the consensus estimate of $0.03, alongside a revenue of $28.505 million.
• Multiple research analysts have rated Byrna Technologies positively, with four ratings as "Buy" and one as "Strong Buy," indicating strong institutional support for the company.

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Equities research analysts at Roth Capital upped their FY2026 earnings per share (EPS) 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 of $0.50 per share for the year, up from their prior forecast of $0.49. 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. Roth Capital also issued estimates for Byrna Technologies' Q4 2026 earnings at $0.22 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, topping the consensus estimate of $0.03 by $0.07. The company had revenue of $28,505 billion for the quarter, compared to analysts' expectations of $28.47 million. Byrna Technologies had a net margin of 14.28% and a return on equity of 16.96%.

Several other equities analysts have also issued reports on BYRN. B. Riley restated a "buy" rating and issued a $46.00 target price (up previously from $39.00) on shares of Byrna Technologies in a report on Friday, July 11th. Wolfe Research raised shares of Byrna Technologies to a "strong-buy" rating in a research report on Friday, June 6th. Finally, Craig Hallum initiated coverage on shares of Byrna Technologies in a research report on Wednesday, July 16th. They set a "buy" rating and a $39.00 target price for the company. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $38.75.

Byrna Technologies Stock Performance

Shares of NASDAQ:BYRN traded up $0.35 during mid-day trading on Monday, reaching $22.47. 75,145 shares of the company's stock were exchanged, compared to its average volume of 601,095. The firm has a market capitalization of $510.05 million, a price-to-earnings ratio of 36.07 and a beta of 2.02. The business's fifty day moving average price is $27.49 and its 200-day moving average price is $25.08. Byrna Technologies has a twelve month low of $7.79 and a twelve month high of $34.78.

Hedge Funds Weigh In On Byrna Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers lifted its position in shares of Byrna Technologies by 5.0% in the 1st quarter. Rhumbline Advisers now owns 23,590 shares of the company's stock worth $397,000 after purchasing an additional 1,129 shares during the period. Strs Ohio bought a new stake in shares of Byrna Technologies in the first quarter worth approximately $113,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Byrna Technologies in the first quarter worth approximately $173,000. Millennium Management LLC boosted its holdings in shares of Byrna Technologies by 247.9% in the first quarter. Millennium Management LLC now owns 326,670 shares of the company's stock worth $5,501,000 after buying an additional 232,770 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Byrna Technologies by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,305 shares of the company's stock worth $174,000 after buying an additional 468 shares during the last quarter. Institutional investors own 25.46% of the company's stock.

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.