
Byrna Technologies (BYRN) Stock Forecast & Price Target
Byrna Technologies (BYRN) Analyst Ratings
Bulls say
Byrna Technologies Inc. has demonstrated positive financial momentum, driven by an anticipated expansion of the Sportsman's partnership that is expected to lead to increased wholesale growth by fiscal year-end 2025. Additionally, the company's new product, the CL, has shown healthy initial sales performance since its consumer availability began on May 1. The preliminary ramp-up in wholesale activity from both CL dealer load-ins and the Sportsman's partnership has further bolstered optimism regarding the company’s sales outlook for the second half of fiscal year 2025.
Bears say
Byrna Technologies faces a challenging outlook due to the significant inflationary pressures impacting its core lower- to middle-income consumer base, which may reduce discretionary spending on its products. Additionally, a potential softening in firearms and ammunition demand, compounded by a less favorable political environment, raises concerns about future revenue stability. The company's financial position may be further strained by high net debt and leverage levels, alongside the risk of increased promotions and discounting within the sporting products industry that could adversely affect margins.
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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