Byrna Technologies Stock Target Price and Analyst Consensus

BYRN Stock  USD 31.12  0.98  3.25%   
The current analyst and expert consensus on Byrna Technologies is Strong Buy, with 3 strong buy opinions. The current projected Byrna Technologies target price consensus is 25.63 with 4 analyst opinions. Check out Macroaxis Advice on Byrna Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
The most common way Byrna Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Byrna Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Byrna Technologies. We encourage you to use your own analysis of Byrna Technologies to validate this buy or sell advice. Byrna Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Byrna Technologies target price to derive its highest and lowest estimates based on projected price volatility of 4.7386.
Lowest Forecast
23.32
Highest Forecast
28.44
Target Price
25.63
As of the 22nd of January 2025, Gross Profit is likely to grow to about 28.6 M, while Pretax Profit Margin is likely to drop (0.18). At this time, Byrna Technologies' Cash And Short Term Investments are very stable compared to the past year. As of the 22nd of January 2025, Common Stock Total Equity is likely to grow to about 51.1 K, while Short and Long Term Debt Total is likely to drop about 1.5 M.
  
It's important to approach Byrna Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Byrna Technologies Target Price Consensus

Byrna target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Byrna Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Strong Buy
Most Byrna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Byrna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Byrna Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Byrna Technologies Target Price Projection

Byrna Technologies' current and average target prices are 31.12 and 25.62, respectively. The current price of Byrna Technologies is the price at which Byrna Technologies is currently trading. On the other hand, Byrna Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Byrna Technologies Market Quote on 22nd of January 2025

Low Price29.49Odds
High Price31.55Odds

31.12

Target Price

Analyst Consensus On Byrna Technologies Target Price

Low Estimate23.32Odds
High Estimate28.44Odds

25.625

Historical Lowest Forecast  23.32 Target Price  25.63 Highest Forecast  28.44
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Byrna Technologies and the information provided on this page.

Byrna Technologies Analyst Ratings

Byrna Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Byrna Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Byrna Technologies' financials, market performance, and future outlook by experienced professionals. Byrna Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Byrna Technologies price targets

Byrna Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Byrna Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Byrna Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Byrna Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Byrna Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Byrna Technologies is a key component of Byrna Technologies valuation and have some predictive power on the future returns of a Byrna Technologies.
Hype
Prediction
LowEstimatedHigh
24.1928.9633.73
Details
Intrinsic
Valuation
LowRealHigh
22.8127.5832.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.040.04
Details

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When determining whether Byrna Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byrna Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byrna Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byrna Technologies Stock:
Check out Macroaxis Advice on Byrna Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.