Roth Capital Issues Optimistic Estimate for BYRN Earnings

Key Points

• Roth Capital has raised its Q2 2026 earnings per share estimate for Byrna Technologies from $0.11 to $0.12, maintaining a "Buy" rating with a target price of $37.00.
• Byrna Technologies reported earnings of $0.10 per share for the previous quarter, exceeding analysts' expectations of $0.05, along with a revenue of $28.51 million.
• The stock has a current consensus rating of "Buy" and a target price of $38.75, with multiple analysts expressing bullish sentiments towards Byrna Technologies in recent reports.

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Stock analysts at Roth Capital lifted their Q2 2026 EPS estimates for Byrna Technologies in a report released on Thursday, September 11th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings per share of $0.12 for the quarter, up from their previous estimate of $0.11. 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' FY2026 earnings at $0.51 EPS.

Several other research analysts also recently weighed in on BYRN. Wolfe Research upgraded shares of Byrna Technologies to a "strong-buy" rating in a research report on Friday, June 6th. Craig Hallum began coverage on shares of Byrna Technologies in a research report on Wednesday, July 16th. They issued a "buy" rating and a $39.00 price target on the stock. Finally, B. Riley reiterated a "buy" rating and issued a $46.00 price target (up from $39.00) on shares of Byrna Technologies in a research report on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $38.75.

Byrna Technologies Stock Up 0.7%

BYRN traded up $0.14 during trading on Monday, hitting $21.21. The company's stock had a trading volume of 687,033 shares, compared to its average volume of 466,807. Byrna Technologies has a one year low of $13.10 and a one year high of $34.78. The firm has a market cap of $481.47 million, a PE ratio of 34.21 and a beta of 2.02. The business's 50 day simple moving average is $20.98 and its 200-day simple moving average is $22.86.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Thursday, July 10th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.05. Byrna Technologies had a net margin of 14.28% and a return on equity of 16.96%. The business had revenue of $28.51 million for the quarter, compared to the consensus estimate of $28.47 million.

Institutional Trading of Byrna Technologies

Several institutional investors and hedge funds have recently modified their holdings of BYRN. Northern Trust Corp raised its position in shares of Byrna Technologies by 6.4% during the 4th quarter. Northern Trust Corp now owns 149,157 shares of the company's stock valued at $4,297,000 after purchasing an additional 9,031 shares during the period. Ameriprise Financial Inc. bought a new stake in Byrna Technologies in the 4th quarter valued at $942,000. BNP Paribas Financial Markets bought a new stake in Byrna Technologies in the 4th quarter valued at $65,000. Deutsche Bank AG increased its holdings in Byrna Technologies by 64.2% in the 4th quarter. Deutsche Bank AG now owns 15,932 shares of the company's stock valued at $459,000 after acquiring an additional 6,228 shares during the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in Byrna Technologies by 1,039.5% in the 4th quarter. Nuveen Asset Management LLC now owns 266,239 shares of the company's stock valued at $7,670,000 after acquiring an additional 242,875 shares during the last quarter. 25.46% of the stock is currently owned by 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.