Wrap Technologies, Inc.
WRAP · Price history
Price at last available close
$1.23
−$0.20 (-13.99%) 1M
2026-10-29
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Company & revenue
About Wrap Technologies, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Wrap Technologies, Inc. is an enterprise dedicated to public safety technology and services, engineering advanced solutions for security personnel and law enforcement agencies. Its flagship offering is the BolaWrap 150, a portable, remote restraint tool designed to de-escalate situations. This innovative device propels a Kevlar cord, enabling officers to safely manage uncooperative individuals from distances ranging between 10 and 25 feet.
How they make money
Wrap Technologies generates revenue primarily through the sale of its BolaWrap remote restraint devices and associated consumable cartridges, alongside subscription-based digital training platforms and body-worn camera solutions. The company utilizes a direct sales force and strategic distribution partners to sell these hardware and software products to law enforcement, corrections, and public safety agencies globally.
Products & services
BolaWrap remote restraint device, Wrap Reality VR training system, WrapTactics digital training, and WrapVision body-worn cameras with digital evidence management.
Brands & revenue mix
Handheld remote restraint device.
Separate brand revenue is not available in this research.Source
Virtual reality training platform.
Separate brand revenue is not available in this research.Source
Body-worn camera and digital evidence management solution.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
The company has historically experienced customer concentration risks, as it relies on sales to law enforcement and public safety agencies which are subject to budgetary cycles and procurement processes.
Suppliers, materials & equipment
- Contract Manufacturers — The company relies on third-party contract manufacturers for the production of its hardware components.Source
Business relationships & partnerships
- XINSURANCE — Strategic partnership to develop the WRAP Safe Response Program.Source
Competitors
- Axon Enterprise, Inc. — Competes in the market for less-lethal devices, body-worn cameras, and digital evidence management solutions.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
22
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
42
Weak
Financial Strength
44
Business Quality / Moat
25
Management
40
Growth Quality
85
Risk / Durability
17
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
No strong positive signal is being highlighted from the currently available summary data.
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for WRAP
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can WRAP maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can WRAP fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is WRAP likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for WRAP to reach sustainable profitability?
- •What future growth or profitability would be needed to justify WRAP's current valuation?
Essential Investment Snapshot
Wall Street Score
22
Market Cap
$76.0M
P/E Ratio
-4.4
EPS
$-0.27
52-Week High
$3.23
52-Week Low
$1.04
Beta
1.27
Shares Outstanding
50.4M
Total Revenue
$6.1M
Total Debt
$436K
Dividend
No current dividend
Liquidation Value / Share
$0.26
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Elevated movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
0 active · 0 total callsNo personal call yet on WRAP.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Proprietary non-lethal technology portfolio.
- +Recurring revenue model from consumable cartridges and software subscriptions.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Hardware, Equipment & Parts industry.
- −Substantial dependence on the BolaWrap product line.
- −Need for additional capital and potential stockholder dilution.
- −Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
3 historical score records availablePrevious Score
22
Oct 1, 2026
Change
Unchanged
Current Score
22
Oct 26, 2026
Category Changes
WRAP score was unchanged.
Projected Score
Projected Score
26
Projected Change
+4.0 points
Preliminary comparable-period financial changes suggest improvement of approximately 4.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$1.23
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M | $4.7M | $4.5M | $6.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $2.2M | $2.0M | $2.0M | $3.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $3.9M | $2.7M | $2.5M | $2.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $987K | $56K | $2.3M | $3.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $17.1M | $15.5M | $14.1M | $18.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $17.6M | $16.2M | $18.0M | $21.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$12.5M | -$9.7M | -$12.8M | -$29.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$13.7M | -$13.5M | -$15.6M | -$18.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$13.5M | -$10.3M | -$5.9M | -$30.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$13.5M | -$10.3M | -$5.9M | -$30.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.27 | $-0.22 | $-0.16 | $-0.72 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 55.73M | 50.39M | 45.62M | 42.32M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 55.73M | 50.39M | 45.62M | 42.32M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$2.1M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.04
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-80.3%
Cash Change
+14.5%
Margin Change
+258.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
- Debt reduced
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels, net income margin. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 102.8%. EPS declined 48.0%. Cash increased 14.5%. Total debt declined 80.3%. Net income margin improved by 258.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
3 historical recordsHistorical Score Chart
3 of 3 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Hardware, Equipment & PartsNews
Contrasting Duke Robotics (NASDAQ:DUKR) & Wrap Technologies (NASDAQ:WRAP)
Wrap Appoints Veteran Law Enforcement Leader John “Chappy” Chapman as Vice President of Training and Missions
Reviewing Intuitive Machines (NASDAQ:LUNR) & Wrap Technologies (NASDAQ:WRAP)
WRAP Moves to Operationalize De-Escalation, Advances New BolaWrap 150 Doctrine Toward California POST Certification
Rumor Mill · WRAP
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
Related Stock Research
Continue researching this company with related Wall Street Score rankings and investing guides.
Score Alerts
Premium unlocks alerts when a score rises, falls, or reaches your target price.
Start 7-Day Free TrialPortfolio Score
Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.
Start 7-Day Free Trial