A Look at Byrna Technologies’s Valuation Following Strong Q3 Growth and Bullish Management Guidance

Byrna Technologies is attracting investor attention thanks to its latest third-quarter results. The company saw revenue jump 35% year-over-year, with growth fueled by an expanded retail network and sophisticated AI-driven marketing.

See our latest analysis for Byrna Technologies.

Following this surge in sales and upbeat full-year guidance, investors are taking notice. Byrna Technologies has seen a remarkable 32% share price return over the past month and an impressive 88.8% total shareholder return over the past year. With fresh initiatives, rising momentum, and management's confident outlook, interest in the stock is heating up.

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With shares soaring and analysts projecting further upside, the key question now is whether Byrna Technologies’ growth potential is still underappreciated, or if the stock’s recent rally means future gains are already reflected in the current price.

Most Popular Narrative: 31.5% Undervalued

With Byrna Technologies closing at $26.36, the most widely followed narrative sets a fair value much higher at $38.50. Investors are watching to see if the company's high growth story justifies this sizable upside.

The partnership with Sportsman's Warehouse, involving 54 locations with point-of-sale displays and experiential shooting lanes, aims to enhance customer engagement and increase conversion rates, thereby boosting revenue and potentially bettering net margins.

Read the complete narrative.

Curious about what’s driving such a big valuation gap? The narrative hinges on expansion into new channels, innovative product launches, and profit assumptions that push Byrna into rare territory for its industry. Want to see the bold forecasts that make this fair value possible? The surprising details are all in the full narrative.

Result: Fair Value of $38.50 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, shifting more supply to the U.S. has increased costs, and heavy dependence on Amazon exposes Byrna to potential shifts in platform fees or policies.

Find out about the key risks to this Byrna Technologies narrative.

Build Your Own Byrna Technologies Narrative

Keep in mind that you can dive into the data yourself and craft a personalized view by building your own take on Byrna Technologies in just minutes. Do it your way

A great starting point for your Byrna Technologies research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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