Red Cat Holdings, Inc. (RCAT)

Red Cat Holdings Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Red Cat Holdings stock have an average target of 8.50, with a low estimate of 4.00 and a high estimate of 13. The average target predicts an increase of 44.31% from the current stock price of 5.89.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$8.50	$13	$13
Change	-32.09%	+44.31%	+120.71%	+120.71%

Analyst Ratings

The average analyst rating for Red Cat Holdings stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1
Buy	0	0	1
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Latimore Northland Capital Markets	Northland Capital Markets	Buy Initiates $13	Buy	Initiates	$13	+120.71%	Mar 11, 2025
Glenn Mattson Ladenburg Thalmann	Ladenburg Thalmann	Strong Buy Initiates $4	Strong Buy	Initiates	$4	-32.09%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

38.11M

Increased by 113.68%

from 17.84M

Revenue Next Year

116.78M

Increased by 206.40%

from 38.11M

EPS This Year

-0.24

from -0.40

EPS Next Year

-0.02

from -0.24

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2020	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	403.94K	5.00M	6.43M	4.62M	17.84M	38.11M	116.78M	206.26M
Revenue Growth	-	1,137.69%	28.59%	-28.13%	286.00%	113.68%	206.40%	76.62%
EPS	-0.12	-0.56	-0.24	-0.52	-0.40	-0.24	-0.02	0.29
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	20.62
No. Analysts	-	-	-	-	-	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	52.5M	120.2M	212.3M
Avg	38.1M	116.8M	206.3M
Low	24.2M	112.2M	198.2M

Revenue Growth

Revenue Growth	2025	2026	2027
High	194.3%	215.4%	81.8%
Avg	113.7%	206.4%	76.6%
Low	35.9%	194.4%	69.7%

EPS Forecast

EPS	2025	2026	2027
High	0.03	-0.02	0.29
Avg	-0.24	-0.02	0.29
Low	-0.49	-0.02	0.27

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.