
Byrna Technologies (BYRN) Stock Forecast & Price Target
Byrna Technologies (BYRN) Analyst Ratings
Bulls say
Byrna Technologies, Inc. demonstrates a robust growth trajectory with an impressive incremental margin above 30%, reflecting the efficacy of its operational strategies. The company's e-commerce channel has exhibited a strong compound annual growth rate of 30% from fiscal years 2020 to 2023, combined with high advertising efficiency, as evidenced by a return on advertising spend exceeding 13x in its DTC channel. Additionally, the expectation of significant sales growth driven by new product contributions and enhanced marketing investments suggests a favorable outlook for revenue generation and profit margins in the coming years.
Bears say
Byrna Technologies has experienced a decline in web traffic and deteriorating sales, impacting its overall growth prospects. Additionally, potential consumer erosion, political risks, and competitive pressures raise concerns regarding the company's future market presence and revenue growth. Furthermore, with contribution margins estimated at approximately 30%, any failure to innovate or enhance existing products could significantly harm Byrna's financial condition.
This aggregate rating is based on analysts' research of Byrna Technologies and is not a guaranteed prediction by Public.com or investment advice.
Byrna Technologies (BYRN) Analyst Forecast & Price Prediction
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