Red Cat Holdings, Inc. (RCAT)

NASDAQ: RCAT · IEX Real-Time Price · USD
2.01
-0.04 (-1.95%)
At close: Aug 11, 2022 4:00 PM
2.03
+0.02 (1.00%)
After-hours: Aug 11, 2022 7:59 PM EDT
-1.95%
Market Cap 108.15M
Revenue (ttm) 6.43M
Net Income (ttm) -11.69M
Shares Out 53.81M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 102,459
Open 2.04
Previous Close 2.05
Day's Range 1.93 - 2.08
52-Week Range 1.46 - 4.24
Beta -0.36
Analysts Buy
Price Target 8.16 (+306.0%)
Earnings Date Sep 19, 2022

About RCAT

Red Cat Holdings, Inc., through its subsidiaries, provides various products, services, and solutions to the drone industry. It offers commercial and government unmanned aerial vehicle technology for reconnaissance, public safety, and inspection applications. The company also provides First Person View (FPV) video goggles; and software and hardware solutions that enable drones to complete inspection services in locations where global positioning systems are not available. In addition, it is involved in the sales of FPV drones and equipment prima... [Read more...]

Industry Computer Hardware
IPO Date Sep 22, 2017
CEO Jeffrey Thompson
Employees 70
Stock Exchange NASDAQ
Ticker Symbol RCAT
Full Company Profile

Financial Performance

In 2022, RCAT's revenue was $6.43 million, an increase of 28.59% compared to the previous year's $5.00 million. Losses were -$11.69 million, -11.69% less than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for RCAT stock is "Buy." The 12-month stock price forecast is 8.16, which is an increase of 305.97% from the latest price.

Price Target
$8.16
(305.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Road to Using Drones and Rovers on Mars Begins on Active Volcano in Italy

Skypersonic – a division of Red Cat Holdings – has been hired by NASA to provide technology for simulated Mars mission Skypersonic – a division of Red Cat Holdings – has been hired by NASA to provide te...

Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2022 and Provides Corporate Update

SAN JUAN, Puerto Rico, July 27, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a hardware-enabled software provider to the drone industry, reports its financial...

7 Penny Stocks to Pick Up for Real Profit in Q3

These penny stocks have taken a beating during the current downturn but offer healthy long-term upside potential. The post 7 Penny Stocks to Pick Up for Real Profit in Q3 appeared first on InvestorPlace.

Red Cat Holdings Announces Nasdaq Acceptance of Company's Plan for Holding Annual Meeting of Shareholders

SAN JUAN, Puerto Rico, June 28, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (the “Company” or “Red Cat”), a hardware-enabled software provider to the drone industry, announces that Na...

Industrial Plants Are Inspected by Skypersonic Drone Piloted From Across the Atlantic Ocean Via Cellphone Connection ...

Skypersonic's Trans-Atlantic Inspection of Iren Utility Plant in Italy Portends Era of Quick, Safe and Cost-Effective Inspections of Industrial Facilities Across the Globe Skypersonic's Trans-Atlantic I...

Red Cat Holdings to Present at the LD Micro Invitational XII Conference

SAN JUAN, Puerto Rico, June 02, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces today ...

Red Cat Holdings to Present at the H.C. Wainwright Global Hybrid Conference

SAN JUAN, Puerto Rico, May 19, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces today t...

Red Cat Holdings Subsidiary Skypersonic Highlights Two-year Facility Inspection Program with General Motors

SAN JUAN, Puerto Rico, May 17, 2022 (GLOBE NEWSWIRE) -- Skypersonic, a subsidiary of Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the dron...

Red Cat Holdings Subsidiary Fat Shark to Launch Innovative Dominator Drone FPV Goggle

SAN JUAN, Puerto Rico, May 09, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that it...

Red Cat Holdings to Present at the Planet MicroCap Showcase 2022

SAN JUAN, Puerto Rico , April 27, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announced today th...

Red Cat Holdings to Participate in AUVSI XPONENTIAL Expo in Orlando, Florida

SAN JUAN, Puerto Rico, April 22, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that will...

Why Is Red Cat Holdings (RCAT) Stock Up Today?

Red Cat Holdings (RCAT) stock is flying higher on Monday thanks to subsidiary Teal Drones securing an order from a NATO member. The post Why Is Red Cat Holdings (RCAT) Stock Up Today?

Why Red Cat Holdings Stock Is Taking Off Today

Red Cat Holdings Inc (NASDAQ: RCAT) shares are trading higher Monday morning after the company announced a drone order for use in Ukraine. Red Cat subsidiary Teal Drones has secured an order for 15 Gold...

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The Dow Jones surged around 350 points on Thursday. Investors, meanwhile, focused on some notable insider trades.

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Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2022 and Provides Corporate Update

HUMACAO, Puerto Rico, March 17, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or "Company"), a hardware-enabled software provider to the drone industry, reports its financial res...

Why Is Red Cat (RCAT) Stock Up 50% Today?

Shares of RCAT stock are in the green after it received approval from the DoD and U.S. Army to participate in the SRR T2 program. The post Why Is Red Cat (RCAT) Stock Up 50% Today?

Red Cat Holdings Selected by U.S. Army for Short Range Reconnaissance Tranche 2 Drone Program

HUMACAO, Puerto Rico , March 14, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that its ...

Red Cat Holdings to Report Fiscal Third Quarter 2022 Financial Results on Thursday, March 17, 2022 and Provide Corpor...

HUMACAO, Puerto Rico, March 10, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that it wi...

Red Cat Holdings to Present at the Q1 Investor Summit Conference

HUMACAO, Puerto Rico , March 2, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that Chief...

Red Cat Holdings Appoints Experienced Venture Capitalist and Cargo Drone Entrepreneur Christopher R. Moe to its Board...

HUMACAO, Puerto Rico , Feb. 16, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, today announced that...

Red Cat Holdings to Present at the MicroCap Rodeo Winter Wonderland Best Ideas Virtual Investor Conference

HUMACAO, Puerto Rico, Feb. 4, 2022 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, today announces that R...

RCAT Stock: 7 Things to Know About the Contract Powering Red Cat Today

U.S. Customs and Border Protection awarded a $90 million contract to Teal Drones, a Red Cat subsidiary. Here's what to know about RCAT stock.

Red Cat Holdings Awarded Customs and Border Protection Contract Worth up to $90 Million over Five Years

HUMACAO, Puerto Rico , Dec. 22, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, today announced that...

Red Cat Holdings Reports Financial Results from Fiscal Second Quarter 2022 and Provides Corporate Update

HUMACAO, Puerto Rico, Dec. 20, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or "Company"), a hardware-enabled software provider to the drone industry, reports its financial resu...

Red Cat Holdings to Report Fiscal Second Quarter 2022 Financial Results on Monday, December 20, 2021 and Provide Corp...

HUMACAO, Puerto Rico, Dec. 15, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that it wil...