Reading WRAP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WRAP free→Reading WRAP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WRAP free→NASDAQInformation TechnologyScientific & Technical InstrumentsSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly, and risk is high. The sector backdrop is a tailwind, although compared with sector peers, WRAP is below typical. Peer multiples imply a price about 31% below where it trades (it looks expensive on this basis); the read is fair, but weakening. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $1.25. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $1.25, WRAP's earnings are too small for P/E to mean much; on sales it trades at 15× p/s (3.9× the 4× p/s peer median). That gap is an optionality premium a financial-multiple model can't price — our $0.99 fair value covers only the as-is business, low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 26% of near-term growth above a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 63% of the time over the next year (vs 62% for the rest of the cohort, n=2777).
Over the trailing year it converted 0.57x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
10 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$295.
How much price usually moves either way.
On a bad day, this stock has moved -$870.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $6,129.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation label changed from 'expensive' to 'full'.
Valuation changed. It rose from "expensive" to "full." Risk remained high. Earnings quality is still loss-making. Management is neutral. Recent financial performance is weak.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: This shows that the technology sector is slowing down. This will impact Wrap.
Confirms:Sector revenue growth drops below its median, signaling broader issues.
Disproves:Sector revenue growth is still higher than average. This shows stability.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for WRAP yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 13, 2026, Wrap Technologies, Inc. (the “Company”) issued an earnings release to announce the Company’s financial results for its fiscal quarter ended March 31, 2026. A copy of the earnings release is attached to this Current Report on Form 8-K as Exhibit 99.1. The information in this Current Report on Form 8-K, including the information set forth in Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Looks more expensive than peers.
Self-history needs ~20 months of data.
A side-by-side read on sector standing, valuation, and risk versus Electronic Equipment & Instruments.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
WRAP Wrap Technologies Inc | Below typical Show detailsSector percentile: 1 of 100 | full | high |
KEYS Keysight Technologies | Above typical Show detailsSector percentile: 88 of 100 | expensive | moderate |
ROP Roper Technologies | Above typical Show detailsSector percentile: 96 of 100 | inexpensive | elevated |
TDY Teledyne Technologies | Above typical Show detailsSector percentile: 76 of 100 | full | moderate |
TRMB Trimble Inc. | Above typical Show detailsSector percentile: 94 of 100 | inexpensive | moderate |
Not investment advice. As of 2026-06-15.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
The company aims to double its revenue by the end of 2026.
Stated in 2 of last 2 quarters. Revenue was $1.11M in 2026-Q1, down from $1.40M in 2025-Q4, indicating a decline rather than growth. Despite the stated goal of 100% revenue growth in 2026, the current trajectory shows limited progress.
“The Company continues to execute against its target of approximately 100% revenue growth in 2026.”
“The Company targets approximately 100% revenue growth in 2026.”
Focus on reducing operating losses to improve financial health.
Stated in 3 of last 3 quarters. Operating income was negative at $4.77M in 2026-Q1, worsening from $3.95M in 2025-Q4 and $2.76M in 2025-Q3. The trajectory shows declining operating performance, contrary to the improvement goal.
The company aims to improve cash flow from operations to support growth.
Stated in 3 of last 3 quarters. Cash from operating activities was negative at $1.25M in 2026-Q1, improving from $2.67M in 2025-Q4 and $2.62M in 2025-Q3. The trajectory shows some progress towards enhancing cash flow, though it remains negative.
Results of Operations and Financial Condition. On March 26, 2026, Wrap Technologies, Inc. (the “Company”) issued an earnings release to announce the Company’s financial results for its fiscal quarter and full year ended December 31, 2025. A copy of the earnings release is attached to this Current Report on Form 8-K as Exhibit 99.1. The information in this Current Report on Form 8-K, including the information set forth in Exhibit 99.1, is being furnished and shall not be deemed “filed” for pur…
Entry into a Material Definitive Agreement. On February 2, 2026, Wrap Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) for the issuance and sale in a private placement (the “Private Placement”) of (i) an aggregate of 1,700,000 shares (the “Common Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”), (ii) pre-funded warrants to purcha…
Unregistered Sales of Equity Securities. The information contained in
Other Events. On February 2, 2026, the Company issued a press release announcing the Private Placement. A copy of the press release is attached as Exhibit 99.1 hereto.
“Operating income was negative at $4.77M in 2026-Q1.”
“Operating income was negative at $3.95M in 2025-Q4.”
“Operating income was negative at $2.76M in 2025-Q3.”
“Cash from operating activities was negative at $1.25M in 2026-Q1.”
“Cash from operating activities was negative at $2.67M in 2025-Q4.”
“Cash from operating activities was negative at $2.62M in 2025-Q3.”