Company Overview - Byrna Technologies Inc. (BYRN) currently has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BYRN shares have increased by 17.59%, significantly outperforming the Zacks Technology Services industry, which rose by 2.06% [5] - In a longer time frame, BYRN's shares have appreciated by 45.88% over the past month, compared to the industry's 1.39% [5] - Over the last quarter, BYRN shares have surged by 50.36%, and over the past year, they have gained an impressive 183.45%, while the S&P 500 has only moved 4.9% and 13.46% respectively [6] Trading Volume - The average 20-day trading volume for BYRN is 414,834 shares, which serves as a useful baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for BYRN have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.31 to $0.35 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, BYRN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

Byrna Technologies Inc. (BYRN) shares ended the last trading session 18% higher at $31.35. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 17.4% gain over the past four weeks.The stock is benefitting from the record-setting revenue expectation announced during the company’s 2Q25 preliminary results. These record quarterly revenues mark a 41% y/y increase.This company is expected to post quarterly earnings of $0.04 ...

Company Achieves 41% Year-Over-Year Growth Driven by Compact Launcher Rollout and Retail ExpansionANDOVER, Mass., June 05, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced select preliminary financial results for the fiscal second quarter ended May 31, 2025. Preliminary Second Quarter ResultsBased on preliminary unaudit ...

Company Overview - Byrna Technologies Inc. (NASDAQ: BYRN) manufactures and sells "less-lethal self-defense" products aimed at personal security [1] Investment Opportunity - The stock of Byrna Technologies presents a potential buy opportunity for retail value investors looking to protect their portfolios [1]

Core Viewpoint - Byrna Technologies Inc. is experiencing a rebound in its stock performance, with a 17% increase over the past month despite an 11% decline year to date, indicating potential for growth in the small-cap sector [1][2]. Growth and Expansion - Byrna has achieved significant brand visibility through a successful celebrity endorsement program and extensive media coverage, leading to a 57% year-over-year sales growth in Q1 of fiscal 2025, with net income rising from $17,000 to $1.7 million [2][5]. - The company is ramping up production, increasing launcher production by 33% to 24,000 units per month to meet market demand, and is preparing to launch a new Compact Launcher in mid-2025 [3][5]. - Byrna is expanding its retail presence and strengthening its footprint in Latin America through partnerships with law enforcement [4][5]. Strategic Initiatives - Byrna has collaborated with Mexico's Secretaría de Trabajo y Previsión Social to establish a federally certified training program for civilians to legally carry Byrna devices, enhancing its market reach [5]. - The company is shifting ammunition production domestically to improve product margins and is expected to drive growth through 2025 and beyond [5]. Financial Performance - Byrna's return on equity (ROE) stands at 16.96%, significantly outperforming the industry average of 5.51%, indicating effective management and strong profitability [8]. - The company's liquidity position is robust, with a current ratio of 4 compared to the industry's 1.76, providing financial flexibility for growth investments [9]. Earnings and Sales Projections - The Zacks Consensus Estimate for Byrna's fiscal 2025 earnings is 35 cents, reflecting a 12.9% year-over-year growth, with projected sales growth of 30.2% in fiscal 2025 and 17.5% in fiscal 2026 [11][16]. - Recent upward revisions in earnings estimates further reinforce a positive outlook for the company [16]. Investment Potential - Byrna is positioned as a compelling growth investment due to its strong brand momentum, expanding market presence, and strategic initiatives [18][19]. - The company is well-prepared to capitalize on rising demand with plans for retail expansion, supply chain enhancement, and new product launches, making it an attractive option for investors seeking high growth potential [19].

Industry Overview - The technology services industry is mature with strong demand for services, and revenues, income, and cash flows are expected to gradually return to pre-pandemic levels, supporting stable dividends for most players [1] - The industry thrived in 2024 and continued its momentum into the first quarter of 2025 [1] - The global shift towards digitization is creating opportunities in markets such as 5G, blockchain, and artificial intelligence (AI), with companies rapidly adopting generative AI, machine learning (ML), and data science to gain competitive advantages [4] Investment Outlook - The Zacks-defined Technology Services industry ranks within the top 26% of Zacks Ranked Industries, indicating an expectation to outperform the market over the next three to six months [2] - Five mid and small-sized technology services stocks with strong short-term upside potential are recommended: Byrna Technologies Inc. (BYRN), Climb Global Solutions Inc. (CLMB), Adeia Inc. (ADEA), Priority Technology Holdings Inc. (PRTH), and Ivanhoe Electric Inc. (IE) [2][3] Company Highlights Byrna Technologies Inc. (BYRN) - Engaged in developing and selling less-lethal personal security solutions across multiple regions [6] - Average short-term price target indicates a potential increase of 48.6% from the last closing price of $25.53, with a target range of $33-$38 [8] - Expected revenue and earnings growth rates for the current year are 30.2% and 12.9%, respectively [9] Climb Global Solutions Inc. (CLMB) - Operates as a value-added IT distribution and solutions company [10] - Average short-term price target suggests a potential increase of 26.2% from the last closing price of $110.28, with a target range of $136 [13] - Expected revenue and earnings growth rates for the current year are 5% and 2.7%, respectively [14] Adeia Inc. (ADEA) - Operates as a media and semiconductor intellectual property licensing company [16] - Average short-term price target indicates a potential increase of 25.2% from the last closing price of $13.75, with a target range of $17-$18 [18] - Expected revenue and earnings growth rates for the current year are 9.2% and 7.1%, respectively [18] Priority Technology Holdings Inc. (PRTH) - Functions as a payment technology company with multiple segments [20] - Average short-term price target suggests a potential increase of 71.6% from the last closing price of $7.46, with a target range of $10-$16 [24] - Expected revenue and earnings growth rates for the current year are 11.4% and over 100%, respectively [25] Ivanhoe Electric Inc. (IE) - Focuses on minerals exploration and development, particularly for electrification [27] - Average short-term price target indicates a potential increase of 105.9% from the last closing price of $6.85, with a target range of $10-$20 [28] - Expected revenue and earnings growth rates for the current year are 2.6% and 51.4%, respectively [28]

Group 1 - MAIA Biotechnology, Inc. has a Zacks Rank 1 with a 44.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - MAIA's shares gained 0.5% over the last three months, while the S&P 500 declined by 5.6% [1] - MAIA possesses a Momentum Score of A [1] Group 2 - Byrna Technologies Inc. has a Zacks Rank 1 with a nearly 25% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Byrna's shares gained 33.8% over the last six months, compared to the S&P 500's decline of 4.7% [2] - Byrna possesses a Momentum Score of B [2] Group 3 - OncoCyte Corporation has a Zacks Rank 1 with a 39.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - OncoCyte's shares gained 45.3% over the last three months, while the S&P 500 declined by 5.6% [3] - OncoCyte possesses a Momentum Score of B [3]

Core Viewpoint - Byrna Technologies Inc. (BYRN) has seen a 30.6% increase in share price over the past four weeks, closing at $22.39, with a potential upside of 61.6% based on Wall Street analysts' mean price target of $36.17 [1] Price Targets and Analyst Consensus - The mean estimate consists of three short-term price targets with a standard deviation of $2.75, indicating variability among analysts; the lowest estimate of $33 suggests a 47.4% increase, while the highest target of $38 implies a 69.7% surge [2] - A low standard deviation among price targets indicates strong agreement among analysts regarding the stock's price movement direction, serving as a starting point for further research [9] Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about BYRN's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, two earnings estimates for BYRN have been revised upward, leading to an 11.3% increase in the Zacks Consensus Estimate [12] Zacks Rank and Investment Potential - BYRN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13]

Core Viewpoint - Byrna Technologies Inc. has officially launched the Byrna Compact Launcher, a new less-lethal personal security solution, with orders starting April 24 and shipments beginning May 1 [1][7]. Product Features - The Byrna Compact Launcher weighs 0.76 pounds and measures 6.81 inches in length, making it the most concealable less-lethal launcher available [2]. - It delivers the same energy density on impact as the Byrna LE model, despite being 38% smaller than the Byrna SD [3]. - The new .61 caliber projectile is exclusive to Byrna and will be produced at the company's new facility in Fort Wayne, Indiana, emphasizing onshore manufacturing [4]. Technical Specifications - Size: 6.81" L x 5.1" H x 1.18" W [5] - Projectile Speed: 400 feet per second [5] - Effective Range: 60 feet [5] - Caliber: Fires proprietary .61 caliber projectiles with energy density equivalent to .68 caliber rounds [5] - Shot Capacity: 15 rounds per 8g CO₂ cartridge [5] - Materials: Made from high-grade aluminum, steel, and brass [5] - Compatibility: Red dot ready and customizable with accessories [5]. Pricing and Availability - The base MSRP for the Byrna Compact Launcher is set at $549.99, with a waitlist available starting immediately [7]. - Customers can experience the product in select Byrna stores and Premier Dealers nationwide [7].

ANDOVER, Mass., April 22, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced the official launch of its highly anticipated Byrna Compact Launcher ("CL"). The Company will begin accepting orders for this revolutionary new launcher on April 24, with product shipments beginning May 1. Weighing just 0.76 pound ...