Wrap Technologies Inc (WRAP)

NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-10-23

$1.22-3.94%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Wrap Technologies Inc’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	1.8M
EPS	—	-0.127
Annual ending 2026-12-31
Revenue	—	4,000
EPS	—	-0.14
Annual ending 2027-12-31
Revenue	—	864,950
EPS	—	-0.265

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Improve cash flow from operations from negative $1.25M in Q1 2026	Cash flow improved from negative $2.62M to negative $1.25M in Q1 2026.	Broken	Cash flow loss worsens beyond -$1.25M	Cash from operations: $-2.433M FY2026-Q2; GAAP. Published target: Cash flow loss narrows vs Q1 2026. Target period is not explicitly aligned with this observation. Source published Aug 11, 2026-2,433,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Reduce operating losses from negative $4.77M in Q1 2026	Operating losses are large but management focuses on improvement.	Intact	Operating loss worsens beyond -$4.77M	Operating income: $-2.251M FY2026-Q2; GAAP. Published target: Operating loss narrows vs Q1 2026. Target period is not explicitly aligned with this observation. Source published Aug 11, 2026-2,251,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 7de7036a-a9dd-458d-ab96-5ad3a92faf61. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Achieve near 27% revenue growth in 2026	A primary condition in Wrap Technologies Inc's published investment case. The stated target is >=27% YoY growth in 2026.	Intact	YoY revenue growth falls below ~27% in 2026	Revenue growth: 102.77% FY2026-Q2; GAAP. Published target: >=27% YoY growth in 2026. Target period is not explicitly aligned with this observation. Source published Aug 11, 2026102.766798 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 7de7036a-a9dd-458d-ab96-5ad3a92faf61. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated in 1 supplied transcript quarter, 2026-Q1; the target also appears in guidance disclosed on 2026-03-26 and 2026-08-11. Revenue was $1.111 million in 2026-Q1 and $2.052 million in 2026-Q2, while operating loss narrowed from $4.769 million to $2.251 million. The revenue movement is positive, but the supplied figures do not establish achievement of the full-year target, so delivery against it remains unverified. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	1 / 1
2026-07-25	Unavailable	Unavailable	1 / 1
2026-07-26	Unavailable	Unavailable	1 / 1
2026-07-27	Unavailable	Unavailable	1 / 1
2026-07-28	Unavailable	Unavailable	1 / 1
2026-07-29	Unavailable	Unavailable	1 / 1
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2026-07-31	Unavailable	Unavailable	1 / 1
2026-08-01	Unavailable	Unavailable	1 / 1
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2026-08-12	Unavailable	Unavailable	1 / 1
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2026-08-14	Unavailable	Unavailable	1 / 1
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2026-08-18	Unavailable	Unavailable	1 / 1
2026-08-19	Unavailable	Unavailable	1 / 1
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2026-09-01	Unavailable	Unavailable	1 / 1
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2026-09-11	Unavailable	Unavailable	1 / 1
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2026-09-14	Unavailable	Unavailable	1 / 1
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2026-09-16	Unavailable	Unavailable	1 / 1
2026-09-17	Unavailable	Unavailable	1 / 1
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2026-09-19	Unavailable	Unavailable	1 / 1
2026-09-20	Unavailable	Unavailable	1 / 1
2026-09-21	Unavailable	Unavailable	1 / 1
2026-09-22	Unavailable	Unavailable	1 / 1
2026-09-23	Unavailable	Unavailable	1 / 1
2026-09-24	Unavailable	Unavailable	1 / 1
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2026-09-26	Unavailable	Unavailable	1 / 1
2026-09-27	Unavailable	Unavailable	1 / 1
2026-09-28	Unavailable	Unavailable	1 / 1
2026-09-29	Unavailable	Unavailable	1 / 1
2026-09-30	Unavailable	Unavailable	1 / 1
2026-10-01	Unavailable	Unavailable	1 / 1
2026-10-02	Unavailable	Unavailable	1 / 1
2026-10-03	Unavailable	Unavailable	1 / 1
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2026-10-05	Unavailable	Unavailable	1 / 1
2026-10-06	Unavailable	Unavailable	1 / 1
2026-10-07	Unavailable	Unavailable	1 / 1
2026-10-08	Unavailable	Unavailable	1 / 1
2026-10-09	Unavailable	Unavailable	1 / 1
2026-10-10	Unavailable	Unavailable	1 / 1
2026-10-11	Unavailable	Unavailable	1 / 1
2026-10-12	Unavailable	Unavailable	1 / 1
2026-10-13	Unavailable	Unavailable	1 / 1
2026-10-14	Unavailable	Unavailable	1 / 1
2026-10-15	Unavailable	Unavailable	1 / 1
2026-10-16	Unavailable	Unavailable	1 / 1
2026-10-17	Unavailable	Unavailable	1 / 1
2026-10-18	Unavailable	Unavailable	1 / 1
2026-10-19	Unavailable	Unavailable	1 / 1
2026-10-20	Unavailable	Unavailable	1 / 1
2026-10-21	Unavailable	Unavailable	1 / 1
2026-10-22	Unavailable	Unavailable	1 / 1
2026-10-23	Unavailable	Unavailable	1 / 1
2026-10-24	Unavailable	Unavailable	1 / 1

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Monthly analyst history is unavailable.

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Improve cash flow from operations from negative $1.25M in Q1 2026Published status: Broken
Reduce operating losses from negative $4.77M in Q1 2026Operating income: $-2.251M
Achieve near 27% revenue growth in 2026Revenue growth: 102.77%

Next proof point

Nov 11, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

3.6%Typical daily move · historical

Downside history

-65.8%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Wrap Technologies Inc outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is speculative growth: the company is loss-making, recent performance is weak, and management execution is rated volatile. The thesis is in a watch state, with medium confidence and elevated near-term earnings risk.

What's priced into Wrap Technologies Inc

The valuation model indicates a durable premium of 2.64 times versus peers, while its confidence is low and the expectations gap is 0.68. The premium appears difficult to justify against current losses and weak performance, although the evidence does not identify a specific market expectation beyond that gap.

What the fundamentals likely do

Near-term results carry risk after a recent quarterly miss, and momentum and quality measures have both declined. Revenue rose from $1.111 million in 2026-Q1 to $2.052 million in 2026-Q2, while operating loss narrowed, but the supplied figures do not verify the full-year growth goal or show sales from WrapShield, drones, or international markets.

What Wrap Technologies Inc hinges on

The multi-year thesis depends on management delivering its 2026 growth goal and turning new platform and market initiatives into measurable revenue. A guidance cut would be a meaningful negative; Fed rate cuts and continued strength from sector bellwethers could support the broader Tech backdrop, but would not by themselves prove company execution.