BYRN official logo BYRN
BYRN 3-star rating from Upturn Advisory
Byrna Technologies Inc (BYRN) company logo

Byrna Technologies Inc (BYRN)

Byrna Technologies Inc (BYRN) 3-star rating from Upturn Advisory
$18.09
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

12/02/2025: BYRN (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 3 star rating for performance

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $39.7

1 Year Target Price $39.7

Analysts Price Target For last 52 week
$39.7 Target price
52w Low $13.68
Current$18.09
52w High $34.78

Analysis of Past Performance

Type Stock
Historic Profit 400.52%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/02/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 411.33M USD
Price to earnings Ratio 27.01
1Y Target Price 39.7
Price to earnings Ratio 27.01
1Y Target Price 39.7
Volume (30-day avg) 4
Beta 2.27
52 Weeks Range 13.68 - 34.78
Updated Date 12/2/2025
52 Weeks Range 13.68 - 34.78
Updated Date 12/2/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.67

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 14.43%
Operating Margin (TTM) 10.16%

Management Effectiveness

Return on Assets (TTM) 10.88%
Return on Equity (TTM) 29.71%

Valuation

Trailing PE 27.01
Forward PE 33.56
Enterprise Value 404767821
Price to Sales(TTM) 3.71
Enterprise Value 404767821
Price to Sales(TTM) 3.71
Enterprise Value to Revenue 3.65
Enterprise Value to EBITDA 28.97
Shares Outstanding 22725515
Shares Floating 18484479
Shares Outstanding 22725515
Shares Floating 18484479
Percent Insiders 20.76
Percent Institutions 72.96

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Byrna Technologies Inc

Byrna Technologies Inc(BYRN) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Byrna Technologies Inc. was founded in 2005 (initially as Fox Labs International, Inc.), and later rebranded as Byrna Technologies Inc. The company focuses on developing and manufacturing less-lethal personal security solutions.

Company business area logo Core Business Areas

  • Less-Lethal Devices: Designs, develops, manufactures, and sells Byrna launchers, which are handheld CO2-powered devices that fire .68 caliber projectiles containing irritant payloads or kinetic impact rounds.
  • Projectiles and Ammunition: Manufactures and sells a variety of projectiles for use in Byrna launchers, including chemical irritant rounds (OC, CS, and OC/CS blend), kinetic rounds, and inert training rounds.
  • Accessories: Offers accessories such as CO2 canisters, holsters, magazines, and maintenance kits for Byrna launchers.

leadership logo Leadership and Structure

Bryan Ganz serves as the CEO. The company has a typical corporate structure with departments for sales, marketing, R&D, manufacturing, and finance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Byrna HD Launcher: The original and most well-known Byrna launcher. Market share data is difficult to obtain precisely, but Byrna is considered a leading brand in the less-lethal self-defense market. Competitors include PepperBall (owned by United Tactical Systems), T4E (Umarex), and other manufacturers of less-lethal firearms. Revenue is undisclosed per product. The number of users are proprietary and not available publicly.
  • Byrna SD Launcher: An upgraded version of the HD launcher. Market share data is difficult to obtain precisely, but Byrna is considered a leading brand in the less-lethal self-defense market. Competitors include PepperBall (owned by United Tactical Systems), T4E (Umarex), and other manufacturers of less-lethal firearms. Revenue is undisclosed per product. The number of users are proprietary and not available publicly.
  • Byrna TCR: Tactical Compact Rifle. Market share data is difficult to obtain precisely, but Byrna is considered a leading brand in the less-lethal self-defense market. Competitors include PepperBall (owned by United Tactical Systems), T4E (Umarex), and other manufacturers of less-lethal firearms. Revenue is undisclosed per product. The number of users are proprietary and not available publicly.

Market Dynamics

industry overview logo Industry Overview

The less-lethal self-defense market is growing, driven by increasing concerns about personal safety and a desire for alternatives to traditional firearms. Growth is also bolstered by police and law enforcement agencies seeking non-lethal technologies

Positioning

Byrna is positioned as a provider of effective and reliable less-lethal self-defense solutions for civilians and law enforcement, emphasizing safety, responsibility, and accessibility.

Total Addressable Market (TAM)

The TAM for less-lethal self-defense products is estimated to be in the hundreds of millions of dollars annually. Byrna aims to capture a significant portion of this market through product innovation, marketing, and distribution partnerships.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition in the less-lethal market
  • Proprietary technology and patented designs
  • Direct-to-consumer sales channel
  • Increasing demand for less-lethal alternatives
  • Focus on safety and responsible use

Weaknesses

  • Relatively small company size
  • Limited product portfolio compared to larger competitors
  • Dependence on consumer perception and acceptance of less-lethal technology
  • Vulnerability to negative publicity or regulatory changes

Opportunities

  • Expanding into new markets and distribution channels (e.g., international sales, law enforcement)
  • Developing new products and accessories
  • Increasing brand awareness through marketing and education
  • Partnering with security companies and organizations
  • Capitalizing on growing demand for non-lethal solutions.

Threats

  • Competition from larger and more established companies
  • Changes in regulations or legal restrictions on less-lethal products
  • Negative publicity or safety concerns related to less-lethal devices
  • Economic downturns that reduce consumer spending
  • Counterfeit products or knock-offs

Competitors and Market Share

Key competitor logo Key Competitors

  • UTSI
  • UMRXF
  • SWHC

Competitive Landscape

Byrna's competitive advantage lies in its brand recognition, direct-to-consumer model, and focus on less-lethal self-defense. Disadvantages include smaller size and resources compared to larger competitors like Smith & Wesson (SWHC) and United Tactical Systems (UTSI).

Growth Trajectory and Initiatives

Historical Growth: Growth trends depends on stock price fluctuation. This data is to be found using ticker symbol: BYRN

Future Projections: Future projections for Byrna Technologies Inc. depends on stock price fluctuation. This data is to be found using ticker symbol: BYRN

Recent Initiatives: Recent initiatives are ongoing which include product development, market expansion and channel development.

Summary

Byrna Technologies is a key player in the growing less-lethal self-defense market with strong brand recognition and a direct-to-consumer sales model. The company faces competition from larger, more established firms and must navigate regulatory challenges. Key strengths include proprietary technology and growing demand for non-lethal solutions. Monitoring financial performance and market trends will be crucial for Byrna's continued success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company reports, industry analysis, market research reports, news articles.

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Investment decisions should be based on thorough due diligence and consultation with a financial professional.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Byrna Technologies Inc

Exchange NASDAQ
Headquaters Andover, MA, United States
IPO Launch date 2011-02-23
CEO, President & Director Mr. Bryan Scott Ganz J.D.
Sector Industrials
Industry Aerospace & Defense
Full time employees 167
Full time employees 167

Byrna Technologies Inc., a less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada. The companys products include handheld personal security devices and shoulder-fired launchers designed for use by consumers and professional security customers without the need for a background check or firearms license; projectiles, such as chemical irritant, kinetic, and inert rounds; self-defense aerosol products comprising Byrna Bad Guy Repellent; and accessories and related safety products, such as Byrna Banshee, Byrna Shield, compressed carbon dioxide canisters, sighting systems, holsters, and Byrna-branded apparel. It sells its products to the consumer market through its Byrna e-commerce store and Amazon storefront, Side Hustle dealer program, premier dealers, and a network of outdoor and sporting goods stores either directly or through distributors; and to the professional security market through Train the trainer program. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.