Red Cat Holdings, Inc. (RCAT)
| Market Cap | 480.71M |
| Revenue (ttm) | 18.86M |
| Net Income (ttm) | -30.63M |
| Shares Out | 75.47M |
| EPS (ttm) | -0.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 19,075,231 |
| Open | 5.64 |
| Previous Close | 4.74 |
| Day's Range | 5.62 - 6.90 |
| 52-Week Range | 0.53 - 6.90 |
| Beta | -0.38 |
| Analysts | Strong Buy |
| Price Target | 4.00 (-37.21%) |
| Earnings Date | Dec 13, 2024 |
About RCAT
Red Cat Holdings, Inc., together with its subsidiaries, provides various products, services, and solutions to the drone industry in the United States. The company offers integrated robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters, battle commanders, firefighters, and public safety officials. It also offers Teal 2, a small and unmanned aircraft system that utilizes intelligence, surveillance, and reconnaissance technology to deliver time-critical information to warfi... [Read more]
Financial Performance
In 2024, Red Cat Holdings's revenue was $17.84 million, an increase of 286.00% compared to the previous year's $4.62 million. Losses were -$24.05 million, -14.42% less than in 2023.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for RCAT stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
News
Palladyne AI and Red Cat Expand Partnership for Teal Drones
SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a developer of artificial intelligence software for robotic platforms in the commercial and defense secto...
Red Cat Announces Production Selection for U.S. Army Short Range Reconnaissance Program
Red Cat's next generation Teal system will be the Army's Program of Record SRR sUAS, concluding the rigorous, multi-tranche competitive process Red Cat's next generation Teal system will be the Army's...
Overlooked Stocks: Red Cat (RCAT)
George Tsilis joins Overlooked Stocks to discuss Red Cat (RCAT), a drone company. He covers their contracts with government agencies for hurricane relief efforts and other purposes.
Red Cat to Host Town Hall Meeting for Investors, Analysts and Members of the Media
Conference Call to be held Tuesday, November 19, 2024 at 4:30 p.m. Eastern Time Conference Call to be held Tuesday, November 19, 2024 at 4:30 p.m. Eastern Time
Red Cat Holdings Takes Flight, SRR Contract Could Propel Shares Even Higher
Red Cat Holdings' biggest growth driver relies on landing the US Army's SRR T2 contract, which could increase revenue by up to $79 million in the next year. The company projects 2025 revenue between $...
Red Cat to Supply FlightWave Edge 130 Blue Systems to Royal Australian Navy
SAN JUAN, Puerto Rico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governme...
Red Cat Secures $1 Million Contract for its FlightWave Edge 130 Blue
Company establishes relationship with the United States Army Communications-Electronics Command Company establishes relationship with the United States Army Communications-Electronics Command
RCAT Shows Growing "Usefulness of Drones"
Red Cat (RCAT) recently received $1.6 million from the U.S. Defense Logistics Agency. The drone company will also assist with Hurricane Milton relief efforts.
U.S. Army Special Operations Veteran and Drone Expert Joins Red Cat's Board of Advisors
SAN JUAN, Puerto Rico, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and comm...
Red Cat Secures $1.6 Million In Contracts for its FlightWave Edge 130 Blue
SAN JUAN, Puerto Rico, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governme...
Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation
SALT LAKE CITY--(BUSINESS WIRE)--Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation.
Red Cat Holdings, Inc. (RCAT) Q1 2025 Earnings Call Transcript
Red Cat Holdings, Inc. (NASDAQ:RCAT) Q1 2025 Earnings Conference Call September 23, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Con...
Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2025 and Provides Corporate Update
SAN JUAN, Puerto Rico, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for mili...
FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL
SANTA MONICA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FlightWave Aerospace, a leading innovator in unmanned aerial systems (UAS), today announced it has secured a $1.9 million award through the U.S...
Red Cat Holdings: Looming Catalysts And The New Era Of AI Drone Swarm Warfare
As militaries worldwide invest in unmanned AI swarm drone warfare solutions, Red Cat is well positioned to capitalize on the trend. RCAT is seeing strong revenue growth, better operational focus, and ...
Red Cat Holdings, Inc. (RCAT) Q4 2024 Earnings Call Transcript
Red Cat Holdings, Inc. (NASDAQ:RCAT) Q4 2024 Earnings Conference Call August 8, 2024 6:00 PM ET Company Participants Jeff Thompson - Chairman of the Board, Chief Executive Officer and President Leah ...
Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2024 and Provides Business Update
SAN JUAN, Puerto Rico, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for milita...
Red Cat Holdings to Report Fiscal Year-End 2024 Financial Results and Provide Corporate Update on Thursday, August 8, 2024
Conference Call to be held Thursday, August 8, 2024, at 6:00 p.m. Eastern Time Conference Call to be held Thursday, August 8, 2024, at 6:00 p.m. Eastern Time
Red Cat Secures $4.4 Million of Non-Dilutive Financing
SAN JUAN, Puerto Rico, July 22, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governmen...
Red Cat Set to Join Russell Microcap® Index
SAN JUAN, Puerto Rico, June 24, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governmen...
CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems
This press release amends the headline and corrects a misspelling in the previously released version ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual ...
Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems
ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provi...
Red Cat Introduces New Family of Low-Cost, Portable Unmanned Reconnaissance and Precision Lethal Strike Systems
SAN JUAN, Puerto Rico, June 17, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governme...
Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine
SAN JUAN, Puerto Rico, April 25, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, governme...
Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations
SAN JUAN, Puerto Rico, April 18, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, gover...