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Byrna Technologies (BYRN): Is the Recent Share Price Rebound Backed by Undervalued Growth Potential?

Simply Wall St · 2d ago

Byrna Technologies (BYRN) has quietly turned in a mixed scorecard for investors, with the stock roughly flat over the past 3 months but still up strongly over three years, a pattern that invites a closer look.

See our latest analysis for Byrna Technologies.

Despite the weak year to date, with a negative share price return contrasting with a slightly positive 1 year total shareholder return, the recent 7 day and 30 day share price gains suggest momentum might be starting to stabilise rather than unravel.

If Byrna’s niche in self defense tech has you rethinking growth potential, it could be worth scanning fast growing stocks with high insider ownership for other under the radar names riding improving sentiment.

With shares still well below analyst price targets despite solid revenue and profit growth, the key question now is whether Byrna remains undervalued or whether the recent rebound means the market is already pricing in future gains.

Most Popular Narrative: 48.9% Undervalued

With the most followed narrative pointing to a fair value comfortably above the recent 19.67 share price, the gap to that target hinges on aggressive growth assumptions.

The analysts have a consensus price target of $38.5 for Byrna Technologies based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $46.0, and the most bearish reporting a price target of just $35.0.

Read the complete narrative.

Curious what kind of revenue climb, margin profile, and earnings multiple are being penciled in to reach that lofty price band? The narrative rests on a bold mix of fast compounding sales, still solid profitability, and a future valuation level that many investors usually associate with higher growth industries. Want to see exactly how those moving parts combine into one punchy fair value number? Dive into the full story behind the projection.

Result: Fair Value of $38.50 (UNDERVALUED)

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

However, rising production costs from U.S. reshoring and heavy dependence on Amazon’s platform could squeeze margins and undermine the upbeat growth narrative.

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

Build Your Own Byrna Technologies Narrative

If you are not fully convinced by this take or would rather dig into the numbers yourself, you can build a personalised view in minutes: Do it your way.

A great starting point for your Byrna Technologies research is our analysis highlighting 5 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.