Byrna Technologies (BYRN) Stock Forecast & Price Target

$15.11

-1.51 (-9.09%)

(As of 02:52 PM ET)

Byrna Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Byrna Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for BYRN.

Consensus Price Target

$15.75
4.24% Upside

High Forecast	$17.00
Average Forecast	$15.75
Low Forecast	$14.00

According to the 6 analysts' twelve-month price targets for Byrna Technologies, the average price target is $15.75. The highest price target for BYRN is $17.00, while the lowest price target for BYRN is $14.00. The average price target represents a forecasted upside of 4.24% from the current price of $15.11.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Strong Buy
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$15.75	$16.63	$13.50	$12.75
Forecasted Upside	4.24% Upside	12.79% Upside	7.11% Upside	165.85% Upside

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BYRN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BYRN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Byrna Technologies Stock vs. The Competition

Type	Byrna Technologies	Business Services Companies	S&P 500
Consensus Rating Score	2.83	2.66	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-9.01% Downside	275.50% Upside	7.94% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Roth Capital 3 of 5 stars	M. Koranda Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/28/2024	Roth Mkm 1 of 5 stars		Initiated Coverage	Buy	$14.00	+27.97%
4/9/2024	LADENBURG THALM/SH SH 5 of 5 stars		Boost Target	Buy ➝ Buy	$12.75 ➝ $16.25	+8.55%
4/8/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$14.00 ➝ $17.00	+17.16%
9/27/2023	Dawson James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
9/27/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Strong-Buy ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:21 PM ET.

BYRN Forecast - Frequently Asked Questions

What is Byrna Technologies' forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Byrna Technologies is $15.75, with a high forecast of $17.00 and a low forecast of $14.00.
Should I buy or sell Byrna Technologies stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Byrna Technologies in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BYRN shares.
Does Byrna Technologies's stock price have much upside?: According to analysts, Byrna Technologies's stock has a predicted upside of 16.90% based on their 12-month stock forecasts.
Has Byrna Technologies been upgraded by Wall Street analysts recently?: Over the previous 90 days, Byrna Technologies's stock had 1 upgrade by analysts.
What analysts cover Byrna Technologies?: Byrna Technologies has been rated by research analysts at Roth Capital, and Roth Mkm in the past 90 days.
Do Wall Street analysts like Byrna Technologies more than its competitors?: Analysts like Byrna Technologies more than other "business services" companies. The consensus rating score for Byrna Technologies is 2.83 while the average consensus rating score for "business services" companies is 2.66. Learn more on how BYRN compares to other companies.