Red Cat Holdings, Inc. (RCAT)
NASDAQ: RCAT · Real-Time Price · USD
6.37
+1.63 (34.39%)
At close: Nov 20, 2024, 4:00 PM
6.82
+0.45 (7.06%)
Pre-market: Nov 21, 2024, 4:29 AM EST
Red Cat Holdings Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Red Cat Holdings stock has a target of 4.00, which predicts a decrease of -37.21% from the current stock price of 6.37.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RCAT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 |
|---|---|---|
| Strong Buy | 1 | 1 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | -37.21% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
40.25M
from 17.84M
Increased by 125.67%
Revenue Next Year
n/a
from 40.25M
EPS This Year
-0.15
from -0.40
EPS Next Year
n/a
from -0.15
Revenue Forecast
| Revenue | 2025 |
|---|---|
| High | 52.5M |
| Avg | 40.3M |
| Low | 28.3M |
Revenue Growth
| Revenue Growth | 2025 |
|---|---|
| High | 194.3% |
| Avg | 125.7% |
| Low | 58.9% |
EPS Forecast
| EPS | 2025 |
|---|---|
| High | 0.03 |
| Avg | -0.15 |
| Low | -0.32 |
EPS Growth
| EPS Growth | 2025 |
|---|---|
| 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.