Red Cat (RCAT) Stock Price, News & Analysis

Company Overview

Red Cat Holdings, Inc. engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico.

Key Stats

• Today's Range: $4.58 to $4.99
• 50-Day Range: $4.82 to $14.19
• 52-Week Range: $0.70 to $15.27
• Volume: 2.82 million shs
• Average Volume: 8.10 million shs
• Market Capitalization: $396.00 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.50
• Consensus Rating: Buy

Red Cat Stock Analysis - MarketRank™

Red Cat scored higher than 47% of companies evaluated by MarketBeat, and ranked 288th out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Red Cat has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Red Cat has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Red Cat are expected to grow in the coming year, from ($0.50) to ($0.02) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Red Cat is -9.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Red Cat is -9.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Red Cat has a P/B Ratio of 8.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.29% of the float of Red Cat has been sold short.

Short Interest Ratio / Days to Cover

Red Cat has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Cat has recently increased by 18.02%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Red Cat does not currently pay a dividend.

Dividend Growth

Red Cat does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

19.29% of the float of Red Cat has been sold short.

Short Interest Ratio / Days to Cover

Red Cat has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Cat has recently increased by 18.02%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.22

News Sentiment

Red Cat has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Red Cat this week, compared to 5 articles on an average week.

Search Interest

Only 42 people have searched for RCAT on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

MarketBeat Follows

Only 23 people have added Red Cat to their MarketBeat watchlist in the last 30 days. This is a decrease of -52% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Red Cat insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,099,751.00 in company stock.

Percentage Held by Insiders

21.50% of the stock of Red Cat is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 37.97% of the stock of Red Cat is held by institutions.

RCAT Stock Analysis - Frequently Asked Questions

How have RCAT shares performed this year?

Red Cat's stock was trading at $12.85 on January 1st, 2025. Since then, RCAT shares have decreased by 61.6% and is now trading at $4.94.
View the best growth stocks for 2025 here.

How were Red Cat's earnings last quarter?

Red Cat Holdings, Inc. (NASDAQ:RCAT) announced its quarterly earnings data on Monday, December, 16th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.27. Red Cat had a negative net margin of 232.62% and a negative trailing twelve-month return on equity of 96.00%.

When did Red Cat IPO?

Red Cat (RCAT) raised $16 million in an initial public offering on Friday, April 30th 2021. The company issued 4,000,000 shares at $4.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO.

Who are Red Cat's major shareholders?

Red Cat's top institutional investors include Waddell & Associates LLC (15.50%), Vanguard Group Inc. (3.13%), AWM Investment Company Inc. (2.24%) and Susquehanna International Group LLP. Insiders that own company stock include Jeffrey M Thompson, Allan Thomas Evans, Joseph David Freedman, Geoffrey Wayne Hitchcock, Nicholas Reyland Liuzza Jr and George Michael Matus.
View institutional ownership trends.

How do I buy shares of Red Cat?

Shares of RCAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Red Cat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Red Cat investors own include Tesla (TSLA), Ford Motor (F), Broadcom (AVGO), NVIDIA (NVDA), Cisco Systems (CSCO), Coca-Cola (KO) and Philip Morris International (PM).

Company Calendar

• Last Earnings: 12/16/2024
• Today: 3/11/2025
• Next Earnings (Estimated): 3/17/2025
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:RCAT
• CIK: 748268
• Web: www.redcatpropware.com
• Phone: (833) 373-3228
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.50
• High Stock Price Target: $13.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +72.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-24,050,000.00
• Net Margins: -232.62%
• Pretax Margin: -221.25%
• Return on Equity: -96.00%
• Return on Assets: -75.95%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.43
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $16.47 million
• Price / Sales: 24.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.59 per share
• Price / Book: 8.37

Miscellaneous

• Outstanding Shares: 80,161,000
• Free Float: 62,926,000
• Market Cap: $396.00 million
• Optionable: Optionable
• Beta: 1.32