Red Cat Holdings, Inc. (RCAT)
Market Cap | 86.91M |
Revenue (ttm) | 13.73M |
Net Income (ttm) | -28.35M |
Shares Out | 74.28M |
EPS (ttm) | -0.52 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 251,275 |
Open | 1.200 |
Previous Close | 1.200 |
Day's Range | 1.160 - 1.230 |
52-Week Range | 0.525 - 1.650 |
Beta | -0.35 |
Analysts | Strong Buy |
Price Target | 4.00 (+241.88%) |
Earnings Date | Jul 25, 2024 |
About RCAT
Red Cat Holdings, Inc. engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico. [Read more]
Financial Performance
In 2023, RCAT's revenue was $9.91 million, an increase of 54.17% compared to the previous year's $6.43 million. Losses were -$27.09 million, 131.7% more than in 2022.
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
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...
Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions
SAN JUAN, Puerto Rico, April 09, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, governm...
Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries
Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally Red Cat will provide the new customers with Teal 2 d...
Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2024 and Provides Corporate Update
Red Cat reports record revenue for the company in Fiscal Third Quarter 2024, the third consecutive quarter of double-digit sequential growth Red Cat reports record revenue for the company in Fiscal Th...
Retired Four-Star Army General Paul Edward Funk II Joins Red Cat's Board of Directors
SAN JUAN, Puerto Rico, March 15, 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 Holdings to Report Fiscal Third Quarter 2024 Financial Results and Provide Corporate Update on Monday, March 18, 2024
SAN JUAN, Puerto Rico, March 14, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for m...
Red Cat Reports Preliminary Record Revenue 16% Above Guidance for Third Quarter of Fiscal 2024 and Increases Guidance for Fourth Quarter 2024
SAN JUAN, Puerto Rico, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for m...
Red Cat Continues Global Expansion Efforts with Introduction to Middle East Market
Company to showcase its Teal 2 drone platform at the World Defense Show in Saudi Arabia and participate in the “Exploitation of Disruptive Technologies” panel Company to showcase its Teal 2 drone plat...
Red Cat Integrates Advanced AI Capabilities into Next-Generation Drone System for the U.S. Army's Short Range Reconnaissance Program
Addition of Teledyne FLIR's Prism™ AI platform will provide enhanced capability at the tactical edge, improved battlefield management, and critical decision-making support Addition of Teledyne FLIR's ...
Red Cat Endorses Passing of the American Security Drone Act
New legislation will help protect national security and privacy of American citizens New legislation will help protect national security and privacy of American citizens
Red Cat Holdings Reports Financial Results for Fiscal Second Quarter 2024 and Provides Corporate Update
SAN JUAN, Puerto Rico, Dec. 15, 2023 (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 Selected by U.S. Army as Finalist for Short Range Reconnaissance Tranche 2 Drone Program
Defense Innovation Unit and U.S. Army to provide $3 million in additional funding to support final program milestones Defense Innovation Unit and U.S. Army to provide $3 million in additional funding ...
Red Cat Holdings to Report Fiscal Second Quarter 2024 Financial Results and Provide Corporate Update on Friday, December 15, 2023
Conference Call to be held Friday, December 15, 2023 at 4:30 p.m. Eastern Time Conference Call to be held Friday, December 15, 2023 at 4:30 p.m. Eastern Time
Red Cat Holdings, Inc. Announces Closing of $9.2 Million Public Offering
SAN JUAN, Puerto Rico, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for mi...
Red Cat Holdings, Inc. Announces Pricing of Public Offering
SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), (“Red Cat” or the “Company”), today announced the pricing of its previously announced underwritten publi...
Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock
SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”) today announced that it intends to offer to sell shares of its common stock ...
Red Cat Debuts in Latin America, Continuing Global Expansion Efforts Among U.S. Allies
Company to participate in Expodefensa 2023 in Bogotá and highlight its Teal 2 drone solution Company to participate in Expodefensa 2023 in Bogotá and highlight its Teal 2 drone solution
Red Cat Announces Management Changes
George Matus, CEO of subsidiary, Teal Drones, appointed Chief Technology Officer George Matus, CEO of subsidiary, Teal Drones, appointed Chief Technology Officer
Red Cat CEO to Speak at the Partnership for Drone Competitiveness' Launch Commemoration Outside the U.S. Capitol
Jeff Thompson to join the Association for Uncrewed Vehicle Systems International, industry leaders, and members of Congress during November 14th press conference Jeff Thompson to join the Association ...
Red Cat Subsidiary Teal Drones Selected for $750K Manufacturing Modernization Grant from State of Utah
SAN JUAN, Puerto Rico, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for mi...