FY2026 EPS Forecast for Byrna Technologies Raised by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN) – Analysts at Roth Capital raised their FY2026 earnings per share (EPS) estimates for shares of Byrna Technologies in a research note issued to investors on Monday, June 2nd. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.54 per share for the year, up from their prior forecast of $0.53. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share.

Byrna Technologies (NASDAQ:BYRN) last announced its earnings results on Thursday, April 10th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. The firm had revenue of $26.19 million for the quarter, compared to the consensus estimate of $23.26 million. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%.

Separately, Roth Mkm reissued a “buy” rating and issued a $33.00 price objective on shares of Byrna Technologies in a research note on Thursday, March 20th.

Byrna Technologies Stock Performance

BYRN opened at $26.47 on Wednesday. Byrna Technologies has a one year low of $7.79 and a one year high of $34.78. The stock’s fifty day moving average is $21.78 and its 200-day moving average is $24.09. The company has a market capitalization of $600.00 million, a PE ratio of 49.02 and a beta of 2.18.

Institutional Investors Weigh In On Byrna Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Capital Research Global Investors acquired a new stake in shares of Byrna Technologies during the fourth quarter worth $47,203,000. Vanguard Group Inc. raised its position in shares of Byrna Technologies by 8.0% during the fourth quarter. Vanguard Group Inc. now owns 1,001,759 shares of the company’s stock worth $28,861,000 after purchasing an additional 73,954 shares during the period. Invesco Ltd. raised its position in shares of Byrna Technologies by 72.4% during the fourth quarter. Invesco Ltd. now owns 697,655 shares of the company’s stock worth $20,099,000 after purchasing an additional 293,049 shares during the period. Driehaus Capital Management LLC raised its position in shares of Byrna Technologies by 39.3% during the first quarter. Driehaus Capital Management LLC now owns 449,848 shares of the company’s stock worth $7,575,000 after purchasing an additional 126,894 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Byrna Technologies by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 396,616 shares of the company’s stock worth $11,430,000 after purchasing an additional 5,184 shares during the period. 25.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Byrna Technologies

In related news, Director Emily Rooney bought 2,500 shares of the business’s stock in a transaction dated Tuesday, April 22nd. The shares were bought at an average cost of $20.50 per share, with a total value of $51,250.00. Following the completion of the transaction, the director now directly owns 37,564 shares of the company’s stock, valued at approximately $770,062. This trade represents a 7.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 11.08% of the company’s stock.

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.