Post-earnings market reaction patterns keep POWW stock forecast buoyant, as confirmed by high on-balance volume trends. Market technicians revisit pullback entries near $2.65. Momentum has returned in mid-2023, with shares rebounding 54% off recent lows. As financial performance improves and interest expenses potentially ease, profitability could arrive sooner than expected. Revenue grew 33% year-over-year in Q3 2023 to over $100 million. Analysts forecast sales swelling 3.5x to nearly $1.4 billion by 2028. This growth will be fueled by e-commerce, brick-and-mortar and wholesale expansion. Indeed, profitability at that scale would be transformative. Outdoor Holding Company, formerly AMMO, Inc., is the owner of GunBroker.com, the largest online marketplace for firearms, hunting, and related products. The company focuses on e-commerce in the firearms industry, promoting responsible ownership and adhering to federal and state laws through licensed firearms dealers. POWW stock forecast channels optimism from stabilized freight costs, reducing input pressure. Revenue guidance revisions by management fuel speculations around a Q1 beat.
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