
Outdoor Holding’s Q4 revenue rose 10% year-over-year to $13.9m while operating expenses plunged by $23m, narrowing its net loss to $2.7m from $27m. The company closed fiscal 2026 with $68.1m in cash and plans AI-driven listing tools and FFL rollouts, prompting Roth Capital to raise its price target to $2.75.
Outdoor Holding reported Q4 revenue of $13.9 million, a 10% increase year-over-year, while operating expenses fell to $15.1 million from $38 million in the prior period. These cost reductions narrowed the net loss from continuing operations to $2.7 million, down from a $27 million loss a year earlier, and boosted adjusted EBITDA.
Management highlighted a deliberate shift to a pure-play e-commerce model focused on the GunBroker.com marketplace, implementing staff realignments and footprint reductions. The company plans to roll out AI-driven listing tools and launch FFL services in fiscal 2027, aiming to expand revenue streams and drive conversion rates through automation and virtual customer support.
Following the results, Roth Capital raised its price target on Outdoor Holding to $2.75 from $2.30, maintaining a Buy rating. Analysts cited improving operating performance, healthy marketplace activity, and ongoing share buybacks as key factors supporting the valuation upgrade.