Red Cat Holdings Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Red Cat Holdings stock has a consensus rating of "Strong Buy" and an average price target of $22. The average 1-year stock price forecast is 83.79% higher than the current stock price, while the lowest is $20 (+67.08%) and the highest is $25 (+108.86%).

Price Target: $22 (+83.79%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$20	$22	$21	$25
Change	+67.08%	+83.79%	+75.44%	+108.86%

Analyst Ratings

The average analyst rating for Red Cat Holdings stock 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 '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	4	5
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Irwin Roth MKM	Roth MKM	Buy Initiates $25	Buy	Initiates	$25	+108.86%	Jun 1, 2026
Amit Dayal H.C. Wainwright	H.C. Wainwright	Buy Initiates $20	Buy	Initiates	$20	+67.08%	May 27, 2026
Austin Bohlig Needham	Needham	Buy Reiterates $20	Buy	Reiterates	$20	+67.08%	May 11, 2026
Michael Latimore Northland Securities	Northland Securities	Buy Maintains $22	Buy	Maintains	$22	+83.79%	May 8, 2026
Brian Dobson Clear Street	Clear Street	Buy Initiates $22	Buy	Initiates	$22	+83.79%	Apr 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

155.05M

from 40.73M

280.69%

from 40.73M

Revenue Next Year

221.05M

from 155.05M

42.57%

from 155.05M

EPS This Year

-0.43

from -0.70

EPS Next Year

-0.36

from -0.43

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2024	FY 2025	FY 2026
Period Ending	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.43M	4.62M	17.84M	7.28M	40.73M	155.05M
Revenue Growth	28.59%	-28.13%	285.99%	-59.21%	459.85%	280.69%
Gross Profit	925.52K	-834.31K	3.68M	-2.03M	1.27M	31.23M
Gross Margin	14.40%	-18.06%	20.64%	-27.96%	3.13%	20.14%
Operating Income	-13.00M	-23.51M	-18.89M	-38.62M	-66.60M	-99.45M
Net Income	-11.69M	-28.11M	-24.05M	-65.42M	-72.08M	-95.82M
EPS	-	-	-	-	-0.70	-0.43
Free Cash Flow	-10.06M	-23.15M	-7.48M	-	-72.42M	-135.08M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	170.1M
Avg	155.1M
Low	149.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	317.5%
Avg	280.7%
Low	265.8%

EPS Forecast

EPS	2026	2027	2028
High	-0.30
Avg	-0.43
Low	-0.56

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-