The price of BYRN is predicted to go up -13.56%, based on the high correlation periods with DNLI. The similarity of these two price pattern on the periods is 92.76%.
BYRN
DNLI
Down: -13.56%Similarity: 92.76%
BYRN Revenue Forecast
BYRN EPS Forecast
BYRN FAQs
What is bull’s view on BYRN?
BYRN stock is currently viewed positively by bulls due to its strong growth trajectory and strategic initiatives. The stock surged 173.3% in 2024, reaching a high of $31.32, driven by robust financial performance, including a 194% sales increase in Q3 and a shift to profitability. Additionally, its expansion in retail and international markets, coupled with high-margin direct-to-consumer sales, supports further upside potential.
What is bear's view on BYRN?
BYRN stock closed at $27.04 on January 31, 2025, down 11.89% during regular trading. The bearish view stems from its sharp decline from its December 2024 high of $31.32, reflecting profit-taking and potential overvaluation concerns after a 173% rally in 2024. Additionally, the recent drop below $27.50 suggests weakening momentum and a possible test of lower support levels.
What is BYRN revenue forecast for next quarter?
The market consensus for BYRN's revenue in the upcoming quarter is projected to be approximately $24.926M USD.
Roth MKM analyst Matt Koranda raised the firm's price target on Byrna Technologies to $20 from $17 and keeps a Buy rating on the shares after hosting meetings with its management. The firm's key takeaway was that the company remains on-track to deliver a strong Q4, and it sees the "CL" offering as driving a new product cycle and growth in FY25 and beyond, the analyst tells investors in a research note.