Byrna Technologies Announces New CEO and Board Leadership

The latest announcement is out from Byrna Technologies ( (BYRN) ).

Byrna Technologies Inc. is a personal defense technology company that develops, manufactures, and sells innovative less-lethal personal security solutions, including CO2-powered handheld launchers such as the Byrna CL, Byrna LE, and Byrna SD. Its products provide alternatives to firearms for consumer, private security, and law enforcement markets, with a growing direct-to-consumer business and a national sporting goods dealer network.

On March 2, 2026, longtime CEO Bryan Ganz retired and resigned from Byrna’s board under a qualified retirement, while remaining as an advisor for up to six months as part of a planned leadership succession. The board appointed former MasterBrand executive Conn Davis as chief executive officer and director, and named TJ Kennedy as chair of the board, with outgoing chair Herbert Hughes remaining as a director.

The transition includes new compensation and equity arrangements for Davis and adjustments for Kennedy and Hughes, underscoring a deliberate shift to a new generation of leadership without any reported disagreements over company operations. The move follows years of rapid growth under Ganz, who led Byrna’s evolution into a multinational consumer-focused less-lethal brand with record 2025 revenue of $118 million and expanded market presence, signaling continuity of the growth strategy under new management.

The most recent analyst rating on (BYRN) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Byrna Technologies stock, see the BYRN Stock Forecast page.

Spark’s Take on BYRN Stock

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

The score is driven primarily by improved profitability and a strong, low-debt balance sheet, plus a constructive earnings outlook focused on margin expansion and operating leverage. Offsetting these positives are unstable cash generation (including negative 2025 free cash flow) and weak technicals with the stock trading below key moving averages; valuation also looks elevated at ~36x earnings without a dividend.

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

More about Byrna Technologies

Byrna Technologies Inc. is a personal defense technology company that develops, manufactures, and sells innovative less-lethal personal security solutions, including CO2-powered handheld launchers such as the Byrna CL, Byrna LE, and Byrna SD. Its products provide alternatives to firearms for consumer, private security, and law enforcement markets, with a growing direct-to-consumer business and a national sporting goods dealer network.

On March 2, 2026, longtime CEO Bryan Ganz retired and resigned from Byrna’s board under a qualified retirement, while remaining as an advisor for up to six months as part of a planned leadership succession. The board appointed former MasterBrand executive Conn Davis as chief executive officer and director, and named TJ Kennedy as chair of the board, with outgoing chair Herbert Hughes remaining as a director.

The transition includes new compensation and equity arrangements for Davis and adjustments for Kennedy and Hughes, underscoring a deliberate shift to a new generation of leadership without any reported disagreements over company operations. The move follows years of rapid growth under Ganz, who led Byrna’s evolution into a multinational consumer-focused less-lethal brand with record 2025 revenue of $118 million and expanded market presence, signaling continuity of the growth strategy under new management.

Average Trading Volume: 493,318

Technical Sentiment Signal: Sell

Current Market Cap: $292.2M

Find detailed analytics on BYRN stock on TipRanks’ Stock Analysis page.