Equity Research Aerospace & Defense

Should You Buy Byrna Technologies Inc. Stock in 2026?

By CirclFi Research Team · · Updated · 9/13 models active

According to the CirclFi Deep Alpha Valuation Engine, Byrna Technologies Inc. (BYRN) is rated as a strong fundamental performer with a QOC score of 8.1/10. Trading at $3.73, our valuation engine evaluates whether the market price reflects the company's underlying earnings power.

The short answer: 5 of 9 CirclFi valuation models project upside for Byrna Technologies Inc. (BYRN) at $3.73 — the model consensus leans bullish, with a Quality Score of 8.1/10 and Value-Trap risk of 13/100. The full bull case, bear case, and risk factors are below. Educational analysis, not financial advice.

Key Takeaways

  • 5 of 9 models see upside — majority bullish
  • Quality Score: 8.1/10 — Excellent — top-tier fundamentals
  • Value Trap Risk: 13/100 — Minimal — healthy fundamentals
  • Fair Value Range: $0.95 – $13.08 (1276% spread)

Bullish Models

5 / 9

Bearish Models

4 / 9

Quality Score

8.1 /10

Excellent — top-tier fundamentals

Value Trap Risk

13 /100
Minimal

Minimal — healthy fundamentals

Model Consensus

9 /13
Active Models

Avg. confidence: 39%

What Is the Investment Case for Byrna Technologies Inc. (BYRN) in 2026?

What Is the Bull Case vs the Bear Case for Byrna Technologies Inc. (BYRN)?

Bull case versus bear case for Byrna Technologies Inc. (BYRN) at $3.73, derived from 9 active CirclFi valuation models on 2026-09-15.
Bull case — $13.08 target (+250.7%) Bear case — $0.95 target (-74.5%)
According to the CirclFi Quality of Company (QOC) framework, Byrna Technologies Inc.'s rating of 8.1/10 signals strong fundamentals — high-quality businesses tend to compound value more reliably. According to the CirclFi Deep Alpha Valuation Engine, the Bayesian DCF model sees the stock as overvalued with a fair value of $0.95 (-74.5%), suggesting that the market price embeds overly optimistic growth assumptions.
According to the CirclFi Deep Alpha Valuation Engine, 5 of 9 models identify upside from $3.73 to a median fair value of $5.99, indicating the market hasn't fully priced in Byrna Technologies Inc.'s earnings power. According to the CirclFi Deep Alpha Valuation Engine, model disagreement is high with a +325.2% spread between the most bullish and bearish models, signaling elevated analytical uncertainty.
According to the CirclFi Deep Alpha Valuation Engine, the First Chicago model targets a fair value of $13.08 (+250.7%), anchoring the bull case with a methodology that evaluates base, bull, and bear scenarios simultaneously. Industry headwind: supply chain complexity represents a meaningful risk for Byrna Technologies Inc. and its Aerospace & Defense peers.
Industry tailwind: aftermarket and MRO expansion could provide meaningful support for Byrna Technologies Inc.'s revenue and margin trajectory in the Aerospace & Defense space.

How Does BYRN Compare to Its Aerospace & Defense Peers?

AIR AAR Corp.
8.1
SWBI Smith & Wesson Brand
8.0
CDRE Cadre Holdings, Inc.
8.1
LMT Lockheed Martin Corp
8.0
VVX V2X, Inc.
8.3
LHX L3Harris Technologie
7.9
RCAT Red Cat Holdings, In
6.5
LUNR Intuitive Machines,
5.0

Valuation data pages: AIR · SWBI · CDRE · LMT · VVX · LHX · RCAT · LUNR · BUKS · HWM

See full Aerospace & Defense rankings →

Which Other Stocks Score Like BYRN on Quality?

Closest companies to BYRN’s Quality of Company score of 8.1/10, across all industries.

Why Do CirclFi’s 9 Models Disagree on BYRN?

Spread

1276%

Fair Value Range

$0.95 – $13.08

A 1276% spread signals high uncertainty. The investment outcome depends heavily on which scenario plays out.

Most Bullish

First Chicago

$13.08 (+250.7%)

Most Bearish

Bayesian DCF

$0.95 (-74.5%)

What Are the Biggest Risks of Buying BYRN Stock?

Model Disagreement

1276% spread signals high variance in projections.

Macro/Sector Risk

Aerospace & Defense headwinds could affect earnings trajectory.

Model Limitations

Backward-looking models cannot predict disruptions.

Want the full 13-model breakdown?

See every fair value, confidence score, and value trap analysis.

View BYRN Data Page →

So Is Byrna Technologies Inc. (BYRN) Worth Buying in 2026?

The balance of evidence tilts cautiously positive for Byrna Technologies Inc. at $3.73. 5 of 9 models support upside to $5.99, backed by a 8.1/10 quality foundation. This is a "lean into, not load up on" setup in our framework.

These are quantitative model outputs, not investment recommendations. Byrna Technologies Inc.'s future depends on factors — management execution, competitive dynamics, regulatory changes — that no algorithm can fully capture. See all 13 model estimates →

What Else Do Investors Ask About BYRN Stock?

Should I buy BYRN stock right now?

Based on CirclFi's multi-model analysis, 5 of 9 models see upside for BYRN at $3.73. The majority of models suggest the stock trades below fair value, but investors should weigh this against the Quality Score of 8.1/10 and individual risk tolerance. This is not a buy recommendation — see our full disclaimer.

What are the biggest risks of investing in Byrna Technologies Inc.?

Key risks include: wide model disagreement (1276% spread), signaling high uncertainty; general market and sector-specific risks affecting Aerospace & Defense companies. Always diversify and consult a financial advisor.

How does BYRN compare to its competitors?

Among Aerospace & Defense peers, BYRN holds a Quality Score of 8.1/10. Comparable companies include AIR (QOC 8.1), SWBI (QOC 8.0), CDRE (QOC 8.1). The relative ranking helps investors identify whether BYRN offers better fundamental quality than alternatives in the same sector.

Is BYRN a good long-term investment?

Long-term investment potential depends on fundamental quality and sustainable competitive advantages. BYRN's Quality Score of 8.1/10 is encouraging for long-term holders, indicating consistent profitability, manageable debt, and healthy cash flows. Check our full data page for all 13 model estimates.

What price should I buy BYRN at?

CirclFi does not provide target buy prices or price alerts. However, our 9 active models produce fair value estimates ranging from $0.95 to $13.08. At $3.73, the stock trades within the range of model estimates. Many value investors look for a 20-30% margin of safety below intrinsic value before buying.

Want the complete picture?

See all 13 model estimates, confidence scores, and the full valuation table for BYRN.

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Disclaimer: This article is produced by the CirclFi Valuation Engine using quantitative models and is for educational and informational purposes only. It is not financial advice, a buy/sell recommendation, or a solicitation to trade securities. Past performance is not indicative of future results. All data sourced from SEC EDGAR, FRED, and GDELT. Consult a licensed financial advisor before making investment decisions. Full disclaimer →