Smith & Wesson Brands, Inc. earns a Buy rating as demand and market share improve despite ongoing industry cyclicality. Q1 net sales rose 32.3% year-over-year to $113 million, with gross margin up to 28.7%, but underlying margin gains were partly driven by one-off tariff refunds. Full-year revenue guidance targets 5–7% growth, reflecting management's expectation of softer demand in the second half after a regulatory-driven Q1 surge.
Smith & Wesson is upgraded from 'hold' to 'buy' following a strong Q1 FY2027 and attractive valuation. Q1 revenue surged 32.3% year over year, driven by robust handgun and long gun demand, innovation, and favorable product mix. Recent NICS background check data and management commentary indicate strengthening end-user demand and successful new product introductions.
Smith & Wesson Brands, Inc. (SWBI) Q1 2027 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 982 | $12,316.99 | $13,053.92 | $736.93 | 5.98% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 21,243 | $319,496 | $281,518.61 | -$37,977.39 | -11.89% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,114 | $16,819.62 | $14,838.48 | -$1,981.14 | -11.78% |
| NA Nizar Araji National Bank Of Canada /FI/ | 2,600 | $44,859.72 | $37,050 | -$7,809.72 | -17.41% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 414 | $4,069.62 | $5,899.5 | $1,829.88 | 44.96% |
| Aerospace & Defense Industry | Industrials Sector | Mark Peter Smith CEO | NASDAQ (NGS) Exchange | 831754106 CUSIP |
| US Country | 1,382 Employees | 17 Sep 2026 Last Dividend | 25 Aug 2020 Last Split | 9 Nov 1998 IPO Date |
Smith & Wesson Brands, Inc., headquartered in Springfield, Massachusetts since its inception in 1852, is a renowned name in the global firearms industry. The company specializes in the design, manufacture, and sale of firearms and firearm-related products to a diverse market that includes firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, as well as law enforcement, security agencies, and military agencies worldwide. Smith & Wesson has cemented its position in the market through a combination of product excellence, innovation, and strategic marketing. The company leverages a mix of independent dealers, retailers, direct sales, and a comprehensive digital and traditional advertising strategy to reach its audience.
Smith & Wesson Brands, Inc. offers a broad array of products and services catering to the needs of its diverse clientele: