5 Best Gun Stocks to Buy in 2026

3. Clarus Corporation (NASDAQ:CLAR)

Stock Upside: 36.79%

Number of Hedge Fund Holders: 12

Clarus Corporation (NASDAQ:CLAR) is one of the best gun stocks to buy in 2026. On March 5, Clarus Corporation (NASDAQ:CLAR) reported its Q4 and full-year 2025 results, in which quarterly revenue came in at $65.41 million, down 8% compared to Q4 FY2024, and below analyst estimates of $68.49 million.

During the earnings call, management attributed the revenue shortfall to the 30% decline in the ski business unit, which was due to what they called “the most unfavorable seasonal conditions in 50 years” in key US and European ski destinations. This was compounded by the planned wind-down of low-margin categories like bindings and avalanche beacons. In the Adventure segment, two major OEM customers significantly pulled back orders, and the US bike market remained soft, noted management.

Despite the revenue miss, adjusted EPS came in at $0.09, well ahead of the -$0.03 that Wall Street anticipated. According to management, the swing came from aggressive cost-cutting.

For the full year, net sales totaled $250.4 million, down from $264.3 million in 2024. Adjusted EBITDA margin shrank to just 0.4% from 2.6%, and the company ended the year with zero debt and $36.7 million in cash.

Given the performance, management projected net sales to fall in the $255-$265 million range for the full year 2026. It also anticipates adjusted EBITDA of $9-$11 million, which is a sharp improvement from the near-zero margins of 2025.

Clarus Corporation (NASDAQ:CLAR) designs, manufactures, and distributes outdoor equipment and gear. Through its Sierra Bullets subsidiary, the company produces precision ammunition for rifles and handguns, serving both civilian and law enforcement markets.