AMMO Appoints New CEO Amid Settlement Agreement

The latest announcement is out from AMMO ( (POWW) ).

On May 21, 2025, Outdoor Holding Company entered into a Settlement Agreement with Steven F. Urvan and other parties to resolve litigation related to the acquisition of GunBroker.com. The settlement includes issuing a warrant to Urvan for 7 million shares and unsecured promissory notes totaling $51 million. As part of the agreement, Jared Smith resigned as CEO, and Urvan was appointed as the new CEO and Chairman, effective May 30, 2025. This transition aims to refocus the company on its e-commerce segment, enhancing profitability and shareholder value.

The most recent analyst rating on (POWW) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on AMMO stock, see the POWW Stock Forecast page.

Spark’s Take on POWW Stock

According to Spark, TipRanks’ AI Analyst, POWW is a Neutral.

AMMO’s overall stock score reflects significant challenges, primarily due to declining revenue and negative profitability. While the balance sheet remains strong, technical indicators suggest bearish momentum, and valuation metrics are unattractive. Recent corporate events offer both opportunities and risks, with the asset sale being a positive strategic move but compliance issues and executive changes posing potential threats.

To see Spark’s full report on POWW stock, click here.

More about AMMO

Outdoor Holding Company, formerly AMMO, Inc., is the owner of GunBroker.com, the largest online marketplace for firearms, hunting, and related products. The company focuses on e-commerce in the firearms industry, promoting responsible ownership and adhering to federal and state laws through licensed firearms dealers.

Average Trading Volume: 541,168

Technical Sentiment Signal: Hold

Current Market Cap: $204.2M

For a thorough assessment of POWW stock, go to TipRanks’ Stock Analysis page.