AMMO (POWW) AI Stock Analysis

• Market Cap: $135.85M
• Dividend Yield: N/A
• Average Volume (3M): 541.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: -11.01%
• EPS Growth: -279.70%
• Country: US
• Employees: 374
• Sector: Industrials
• Sector Strength: 89
• Industry: Aerospace & Defense
• EPS (TTM): -0.01
• Shares Outstanding: 117,110,794
• 10 Day Avg. Volume: 519,271
• 30 Day Avg. Volume: 541,531
• PEG Ratio: <0.01
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.31
• Enterprise Value/Market Cap: 0.73
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: 2.82
• Enterprise Value/Ebitda: -22.73
• 1Y Price Target: $1.70
• Price Target Upside: 47.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 42 Neutral
• Price Target: $1.00 ▼(-13.04%Downside)

AMMO's overall stock score is primarily influenced by its poor financial performance and bearish technical indicators. The company's negative P/E ratio and lack of dividend yield also weigh heavily against its valuation. While the recent strategic asset sale is a positive step, its potential benefits are not yet realized in the financials, leaving the company's current position weak.

AMMO Business Overview & Revenue Model

Company Description

AMMO, Inc. designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms. It also owns and operates GunBroker.com, an auction site that supports the lawful sale of firearms, ammunition, and hunting/shooting accessories. In addition, the company offers Jesse James ammunition, a jacketed hollow point projectile for self-defense; and Jeff Rann's ammunition for game hunting. Further, its products include armor piercing and hard armor piercing incendiary tactical rounds; and ammunition casings for pistol ammunition through large rifle ammunition. The company is based in Scottsdale, Arizona.

How the Company Makes Money

AMMO, Inc. generates revenue primarily through the manufacture and sale of ammunition products. Its key revenue streams include direct sales to commercial retailers, government contracts, and partnerships with law enforcement agencies. The company also benefits from proprietary technologies and branded ammunition lines, which enhance its market appeal and competitive position. Additionally, AMMO has expanded its reach through partnerships and distribution agreements, allowing it to access a broader customer base and increase its market penetration.

AMMO Financial Statement Overview

Summary

AMMO's financial health is challenged by declining revenues and profitability, as well as weakening cash flows. While a strong equity position is evident, the overall financial performance is undermined by substantial negative EBIT and cash flow issues, necessitating immediate strategic actions.

Income Statement

AMMO has faced a significant decline in revenue from $145 million in 2024 to $49 million in 2025, indicating a negative growth trajectory. Gross profit margin improved slightly, yet the company reported substantial negative EBIT and net profit margins, suggesting ongoing operational challenges and inefficiencies.

Balance Sheet

The balance sheet shows a strong equity position with a debt-to-equity ratio of only 0.007, suggesting low leverage. However, the decreasing total assets and equity over the years point to potential financial instability. The equity ratio remains high, reflecting a solid capital structure.

Cash Flow

Operating cash flow turned negative at -$5 million in 2025, highlighting cash management issues. A reduction in free cash flow growth is evident compared to previous years, reflecting declining operational efficiency. Despite past positive cash flows, current trends raise concerns.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	49.40M	145.06M	191.44M	240.27M	62.48M
Gross Profit	42.93M	42.62M	55.41M	88.76M	11.39M
EBITDA	-45.26M	-95.89K	14.29M	54.49M	1.07M
Net Income	-130.83M	-15.56M	-4.60M	33.25M	-7.81M
Balance Sheet
Total Assets	297.33M	399.90M	412.34M	414.18M	179.38M
Cash, Cash Equivalents and Short-Term Investments	30.23M	55.59M	39.13M	23.28M	118.34M
Total Debt	1.55M	13.10M	14.86M	5.14M	10.61M
Total Liabilities	75.30M	43.35M	39.74M	39.87M	19.03M
Stockholders Equity	222.03M	356.56M	372.60M	374.30M	160.35M
Cash Flow
Free Cash Flow	-8.47M	24.61M	23.02M	-16.37M	-21.85M
Operating Cash Flow	-5.06M	32.63M	35.56M	2.85M	-14.42M
Investing Cash Flow	-3.41M	-8.02M	-12.54M	-69.68M	-7.44M
Financing Cash Flow	-9.53M	-8.66M	-6.66M	-28.24M	139.31M

AMMO Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For POWW, the sentiment is Negative. The current price of 1.15 is below the 20-day moving average (MA) of 1.23, below the 50-day MA of 1.37, and below the 200-day MA of 1.42, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 39.49 is Neutral, neither overbought nor oversold. The STOCH value of 23.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for POWW.

AMMO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PKE	76 Outperform	$350.26M	50.87	6.43%	2.74%	16.60%	6.58%
Sector *	71 Outperform	¥264.85B	14.09	8.47%	2.87%	6.39%	13.10%
BYRN	69 Neutral	$513.33M	35.60	28.05%	―	73.56%	―
RGR	67 Neutral	$577.44M	19.05	9.56%	2.08%	0.65%	-20.28%
NPK	57 Neutral	$691.36M	16.57	12.14%	1.03%	31.27%	26.36%
SWBI	54 Neutral	$356.42M	27.04	3.48%	6.53%	-11.73%	-64.84%
POWW	42 Neutral	$135.85M	―	-17.71%	―	-11.01%	-279.70%

AMMO Corporate Events

AMMO Board Restructures with New Director Nominations

On June 30, 2025, AMMO‘s Board decided not to nominate Richard R. Childress, Randy E. Luth, or Russell William Wallace, Jr. for re-election at the company’s 2025 annual meeting of stockholders. The Board has nominated two new directors and plans to reduce its size from six to five members after the annual meeting. This decision was not due to any disagreements between the departing directors and the company.

The most recent analyst rating on (POWW) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMMO stock, see the POWW Stock Forecast page.

AMMO Appoints New CEO Amid Settlement Agreement

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.