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Byrna Technologies Inc. (BYRN)

Industrials | Aerospace & Defense | Andover, United States | NasdaqCM
6.66 USD +0.38 (6.051%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 6.67 +0.01 (0.150%) ⇧ (April 17, 2026, 7:50 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:16 a.m. EDT

Despite the 'Strong Buy' analyst consensus driven by the non-revenue growth story, the quantitative reality for BYRN is deteriorating rapidly. The recent 14% drop on earnings, coupled with a negative adjusted directional forecast of -5.5% and massive social elevation of put options vs call flows, creates a trap for longs. The company is burning cash, missing targets, and trading near its 52-week low despite a small market cap. The short interest is high (17%), and execution risk is flagged by major firms following the CEO transition. The market is not following the 'Strong Buy' narrative; speculators are betting on cap, not growth, as the fundamentals show post-earnings down and revenue miss.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.323180
AutoARIMA0.352226
AutoETS0.353693
MSTL0.356519

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 12.22
Ljung-Box p 0.000
Jarque-Bera p 0.418
Excess Kurtosis -0.36
Attribute Value
Sector Industrials
Debt to Equity Ratio 3.264
Revenue per Share 5.333
Market Cap 151,086,464
Trailing P/E 18.50
Forward P/E 111.00
Beta 2.45
Profit Margins 7.29%
Website https://www.byrna.com

As of April 19, 2026, 12:16 a.m. EDT: Options activity reveals a heavy near-term defensive posture. April 17 expirations show call volume clustered at $7.5 (ATM) but are severely undercut by significant put volume concentrated at $7.5 and $10.0 strikes, indicating cap reflector fear near current/levels. Massive elevated IV (3.98 vs 1.69 for calls) on the $7.5 puts suggests intense liquidity for downside protection or hedging against the upcoming earnings event. Remarkably, zero out-of-the-money puts exist yet for the April expiry, signaling 0% downside risk-purchasing at OTM levels, while significant OTM call OI sits at $10-$12.5, implying a speculative bet for a recovery above $10. This concentration of 'protection' (puts) over 'betting' (calls) creates a low-implied-probability ceiling but high downside beta concern.


Info Dump

Attribute Value
52 Week Change -0.66964287
Address1 100 Burtt Road
Address2 Suite 115
All Time High 40.0
All Time Low 0.4
Ask 6.72
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,129,080
Average Daily Volume3 Month 583,450
Average Volume 583,450
Average Volume10Days 1,129,080
Beta 2.452
Bid 6.63
Bid Size 2
Board Risk 8
Book Value 2.931
City Andover
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.66
Current Ratio 4.958
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 7.2
Day Low 6.445
Debt To Equity 3.264
Display Name Byrna
Earnings Call Timestamp End 1,775,739,600
Earnings Call Timestamp Start 1,775,739,600
Earnings Growth -0.571
Earnings Quarterly Growth -0.518
Earnings Timestamp 1,775,737,800
Earnings Timestamp End 1,783,600,200
Earnings Timestamp Start 1,783,600,200
Ebitda 13,380,000
Ebitda Margins 0.1106
Enterprise To Ebitda 10.766
Enterprise To Revenue 1.191
Enterprise Value 144,049,456
Eps Current Year -0.11
Eps Forward 0.06
Eps Trailing Twelve Months 0.36
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.5096
Fifty Day Average Change -3.8495998
Fifty Day Average Change Percent -0.36629367
Fifty Two Week Change Percent -66.96429
Fifty Two Week High 34.3
Fifty Two Week High Change -27.64
Fifty Two Week High Change Percent -0.8058309
Fifty Two Week Low 5.56
Fifty Two Week Low Change 1.0999999
Fifty Two Week Low Change Percent 0.19784172
Fifty Two Week Range 5.56 - 34.3
Financial Currency USD
First Trade Date Milliseconds 1,158,067,800,000
Float Shares 18,494,479
Forward Eps 0.06
Forward P E 111.0
Free Cashflow -14,677,250
Full Exchange Name NasdaqCM
Full Time Employees 159
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.60297
Gross Profits 72,947,000
Has Pre Post Market Data 1
Held Percent Insiders 0.20591
Held Percent Institutions 0.67658997
Implied Shares Outstanding 22,685,655
Industry Aerospace & Defense
Industry Disp Aerospace & Defense
Industry Key aerospace-defense
Ipo Expected Date 2,021-05-05
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,764,460,800
Last Split Date 1,619,481,600
Last Split Factor 1:10
Long Business Summary 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 company offers 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.
Long Name Byrna Technologies Inc.
Market us_market
Market Cap 151,086,464
Market State CLOSED
Max Age 86,400
Message Board Id finmb_26378339
Most Recent Quarter 1,772,236,800
Net Income To Common 8,826,000
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 151,426,740
Number Of Analyst Opinions 4
Open 6.46
Operating Cashflow -2,219,000
Operating Margins 0.03195
Overall Risk 6
Payout Ratio 0.0
Phone 978 868 5011
Post Market Change 0.010000229
Post Market Change Percent 0.15015359
Post Market Price 6.67
Post Market Time 1,776,469,846
Previous Close 6.28
Price Eps Current Year -60.545452
Price Hint 2
Price To Book 2.272262
Price To Sales Trailing12 Months 1.2488652
Profit Margins 0.07295
Quick Ratio 1.735
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 0.38
Regular Market Change Percent 6.05095
Regular Market Day High 7.2
Regular Market Day Low 6.445
Regular Market Day Range 6.445 - 7.2
Regular Market Open 6.46
Regular Market Previous Close 6.28
Regular Market Price 6.66
Regular Market Time 1,776,456,001
Regular Market Volume 785,952
Return On Assets 0.091680005
Return On Equity 0.14315
Revenue Growth 0.109
Revenue Per Share 5.333
Sand P52 Week Change 0.38150132
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 2
Shares Outstanding 22,685,654
Shares Percent Shares Out 0.11359999
Shares Short 2,577,983
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 3,006,338
Short Name Byrna Technologies, Inc.
Short Percent Of Float 0.1736
Short Ratio 6.49
Source Interval 15
State MA
Symbol BYRN
Target High Price 21.0
Target Low Price 7.5
Target Mean Price 13.6875
Target Median Price 13.125
Total Cash 9,207,000
Total Cash Per Share 0.406
Total Debt 2,170,000
Total Revenue 120,979,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.36
Trailing P E 18.499998
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.6304
Two Hundred Day Average Change -10.9704
Two Hundred Day Average Change Percent -0.6222434
Type Disp Equity
Volume 785,952
Website https://www.byrna.com
Zip 1,810