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Redwire (NYSE:RDW) Price Target Cut to $25.00 by Analysts at B. Riley

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Redwire (NYSE:RDW - Free Report) had its target price reduced by B. Riley from $27.00 to $25.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock. B. Riley also issued estimates for Redwire's Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.02 EPS and Q4 2025 earnings at $0.04 EPS.

A number of other research firms also recently issued reports on RDW. Cantor Fitzgerald reissued an "overweight" rating and issued a $28.00 price target on shares of Redwire in a research note on Tuesday. HC Wainwright reissued a "buy" rating and issued a $26.00 target price on shares of Redwire in a research report on Wednesday. Finally, Alliance Global Partners restated a "buy" rating on shares of Redwire in a research note on Tuesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Redwire presently has an average rating of "Moderate Buy" and an average price target of $17.71.

View Our Latest Stock Analysis on Redwire

Redwire Price Performance

Shares of NYSE:RDW traded down $0.57 during midday trading on Wednesday, reaching $9.37. 2,279,893 shares of the company's stock were exchanged, compared to its average volume of 812,120. The firm's 50 day simple moving average is $18.05 and its two-hundred day simple moving average is $12.64. Redwire has a fifty-two week low of $3.17 and a fifty-two week high of $26.66. The stock has a market cap of $623.22 million, a price-to-earnings ratio of -7.74 and a beta of 2.33.

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Insider Buying and Selling at Redwire

In other Redwire news, major shareholder Park Lp Genesis II sold 89,870 shares of the stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $16.99, for a total value of $1,526,891.30. Following the sale, the insider now owns 4,603,427 shares of the company's stock, valued at $78,212,224.73. This trade represents a 1.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 684,454 shares of company stock valued at $13,682,993 in the last 90 days. Company insiders own 2.60% of the company's stock.

Institutional Trading of Redwire

Hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of Redwire in the 4th quarter valued at $33,000. Summit Investment Advisors Inc. lifted its holdings in Redwire by 64.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,382 shares of the company's stock worth $39,000 after buying an additional 931 shares during the last quarter. Summit Securities Group LLC acquired a new position in shares of Redwire during the 4th quarter worth about $63,000. Jones Financial Companies Lllp increased its holdings in shares of Redwire by 45.7% in the 4th quarter. Jones Financial Companies Lllp now owns 4,372 shares of the company's stock valued at $72,000 after acquiring an additional 1,372 shares during the last quarter. Finally, US Bancorp DE acquired a new stake in shares of Redwire during the 4th quarter worth about $119,000. Institutional investors and hedge funds own 8.10% of the company's stock.

About Redwire

(Get Free Report)

Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.

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Analyst Recommendations for Redwire (NYSE:RDW)

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