Red Cat Holdings, Inc. (RCAT)
| Market Cap | 685.78M |
| Revenue (ttm) | 16.47M |
| Net Income (ttm) | -38.12M |
| Shares Out | 80.16M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,921,703 |
| Open | 10.10 |
| Previous Close | 10.11 |
| Day's Range | 8.29 - 10.10 |
| 52-Week Range | 0.56 - 15.27 |
| Beta | 0.45 |
| Analysts | Strong Buy |
| Price Target | 4.00 (-53.24%) |
| Earnings Date | Mar 17, 2025 |
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
RED CAT INVESTIGATION: Red Cat Holdings Shares Decline Following Report by Kerrisdale Capital; Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses
BOSTON, MA / ACCESS Newswire / January 17, 2025 / Block & Leviton is investigating Red Cat Holdings, Inc. (Nasdaq:RCAT) for potential securities law violations. Investors who have lost money in their ...
Berman Tabacco Announces Investigation of Red Cat Holdings, Inc. (RCAT) Concerning Claims by Kerrisdale Capital
BOSTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Berman Tabacco announces that it is investigating potential securities law violations by Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT), a...
Drone Maker Red Cat 'Set To Be Blown Out Of The Sky': Short Seller Claims Management Set 'Almost Impossible' Expectations
Short-selling investment firm Kerrisdale Capital believes the recent run in shares of Red Cat Holdings Inc RCAT is built on hype rather than reality.
Palladyne AI and Red Cat Announce First Successful Multi-Drone Collaborative Autonomous Flight
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 defense and commercial secto...
Red Cat Secures FAA Authorization to Fly Drones Without Remote ID for Aeronautical Research
SAN JUAN, Puerto Rico, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and comme...
Red Cat Holdings Announces Warrant Exercise Transaction with $4.875 Million in Gross Proceeds
SAN JUAN, Puerto Rico, Dec. 30, 2024 (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: Buy Any Drone Dip
Red Cat's post-earnings dip presents a buying opportunity, despite missing FQ2 revenue estimates and the CFO's departure. The company secured a major military contract and partnered with Palantir for ...
Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.
Worthington Enterprises, Red Cat Holdings, And 3 More Stocks To Watch As US Futures Trade Lower On Tuesday
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Red Cat Holdings, Inc. (RCAT) Q2 2025 Earnings Call Transcript
Red Cat Holdings, Inc. (NASDAQ:RCAT) Q2 2025 Earnings Conference Call December 16, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Geof...
Red Cat Holdings Reports Financial Results for Fiscal Second Quarter 2025 and Provides Corporate Update
SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for milita...
Why are drone stocks soaring today?
Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software into its drones.
Drone stocks are surging on Wall Street Monday led by Red Cat Holdings
Drone stocks rallied Monday after a flurry of sightings across the northeast in recent days renewed attention toward the sector.
Red Cat Partners with Palantir to Equip Black Widow™ with Autonomous Visual Navigation and Warp Speed for GPS-Compromised Environments
SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), today announced a strategic partnership with Palantir Technologies Inc. (N...
Red Cat Holdings to Report Fiscal Second Quarter 2025 Financial Results and Provide Corporate Update on Monday, December 16, 2024
Conference Call to be held Monday, December 16, 2024 at 4:30p.m. Eastern Time Conference Call to be held Monday, December 16, 2024 at 4:30p.m. Eastern Time
Red Cat Announces Key Leadership Updates to Accelerate Growth Following U.S. Army Short Range Reconnaissance Program of Record Award
SAN JUAN, Puerto Rico, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc . (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial oper...
Red Cat Holdings Promotes Geoffrey Hitchcock to Chief Revenue Officer
SAN JUAN, Puerto Rico, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial opera...
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.