Byrna Technologies (NASDAQ:BYRN) Lowered to Neutral Rating by Roth Capital

Roth Capital lowered shares of Byrna Technologies (NASDAQ:BYRN) from a buy rating to a neutral rating in a research report sent to investors on Friday, Marketbeat reports. They currently have $4.50 target price on the stock.

A number of other equities analysts have also recently issued reports on BYRN. Texas Capital raised shares of Byrna Technologies to a “strong-buy” rating in a report on Tuesday, March 24th. Wall Street Zen cut Byrna Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Craig Hallum downgraded Byrna Technologies from a “buy” rating to a “hold” rating and set a $7.50 price target on the stock. in a report on Friday, April 10th. B. Riley Financial reduced their price objective on Byrna Technologies from $21.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday. Finally, New Street Research set a $7.50 price objective on Byrna Technologies in a research note on Friday, April 10th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $7.88.

Byrna Technologies Stock Down 1.8%

Shares of NASDAQ:BYRN traded down $0.07 on Friday, reaching $3.87. 2,142,846 shares of the company’s stock were exchanged, compared to its average volume of 828,531. The business’s 50-day moving average is $5.80 and its two-hundred day moving average is $9.94. Byrna Technologies has a fifty-two week low of $3.81 and a fifty-two week high of $30.62. The firm has a market capitalization of $87.81 million, a price-to-earnings ratio of 10.75 and a beta of 1.80.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings results on Thursday, July 9th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.34). Byrna Technologies had a negative net margin of 3.39% and a negative return on equity of 5.66%. The business had revenue of $16.39 million during the quarter, compared to analyst estimates of $22.32 million. Analysts predict that Byrna Technologies will post 0.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BYRN. Russell Investments Group Ltd. raised its stake in shares of Byrna Technologies by 89.6% during the third quarter. Russell Investments Group Ltd. now owns 2,215 shares of the company’s stock valued at $49,000 after purchasing an additional 1,047 shares in the last quarter. Comerica Bank acquired a new position in Byrna Technologies during the 4th quarter valued at about $40,000. NBC Securities Inc. increased its stake in Byrna Technologies by 226.4% during the 4th quarter. NBC Securities Inc. now owns 2,611 shares of the company’s stock valued at $44,000 after buying an additional 1,811 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Byrna Technologies by 178.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,058 shares of the company’s stock worth $94,000 after buying an additional 1,960 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of Byrna Technologies during the third quarter valued at approximately $70,000. 25.46% of the stock is owned by institutional investors and hedge funds.

More Byrna Technologies News

Here are the key news stories impacting Byrna Technologies this week:

• Positive Sentiment: Byrna said it has a solid cash position and no debt, and management expects cash to improve through inventory reduction and holiday-season sales. Byrna Technologies Reports Fiscal Second Quarter 2026 Results
• Positive Sentiment: The company outlined a longer-term margin recovery target, saying it expects to exit fiscal 2026 with gross margins near 62% as it works to close the HERO Defense Systems acquisition. Byrna outlines ~62% gross margin exit for fiscal 2026 as it moves to close HERO deal
• Neutral Sentiment: Roth Capital downgraded Byrna to neutral from buy and lowered its price target to $4.50, reflecting a more cautious near-term view while still implying modest upside. Roth Capital downgrade on Byrna Technologies
• Negative Sentiment: Q2 results missed expectations badly, with EPS of -$0.44 versus the -$0.10 estimate and revenue of $16.39 million versus $22.32 million expected. Byrna Technologies earnings report
• Negative Sentiment: Investors are also focused on management’s commentary that sales are being hurt by weak demand, ineffective marketing, lower website conversion, and a broad slowdown in revenue growth. Byrna Technologies: Selling The Solution Is The Real Challenge

Byrna Technologies Company Profile

Byrna Technologies, Inc (NASDAQ: BYRN) designs, develops and markets non-lethal personal security devices and accessories intended to provide an alternative to traditional firearms. The company’s flagship offerings deploy impact projectiles and chemical irritants in a compact, pistol-style form factor. Its product portfolio includes the Byrna SD and Byrna HD launchers, which utilize proprietary kinetic and irritant cartridges, as well as the lightweight Byrna Air, a CO₂-powered variant optimized for close-quarters defense.

In addition to its core self-defense launchers, Byrna Technologies supplies a range of consumables and support products, including cartridges loaded with pepper-based irritants, inert training rounds, holsters, safe-carry cases and speed loaders.