
Byrna Technologies (BYRN) Stock Forecast & Price Target
Byrna Technologies (BYRN) Analyst Ratings
Bulls say
Byrna Technologies Inc. shows promising potential for growth, highlighted by the expanding partnership with Sportsman's, which is expected to reach additional retail locations by fiscal year end 2025. The successful initial performance of the company's new product line, the CL, since its consumer availability on May 1, suggests strong market demand and favorable sales momentum. Furthermore, the anticipated contribution of wholesale sales from the integration of CL and the early ramp-up with Sportsman's indicates a robust outlook for sales performance in the second half of fiscal year 2025.
Bears say
Byrna Technologies Inc faces a challenging financial landscape due to significant inflationary pressures impacting discretionary spending among its core lower- to middle-income consumer base. Additionally, a potential decline in firearms and ammunition demand linked to economic weakening or unfavorable political conditions raises concerns about the company's revenue stability. Furthermore, elevated promotional activities and discounting within the sporting products industry could impede margin normalization, compounded by high net debt levels that may constrain financial flexibility.
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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