Red Cat (NASDAQ:RCAT) Stock Price Up 6.8% – Should You Buy?

Posted by Brian Himes on Jun 30th, 2026

Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report)’s stock price shot up 6.8% during trading on Tuesday . The company traded as high as $11.11 and last traded at $11.0210. 4,199,962 shares traded hands during trading, a decline of 72% from the average session volume of 15,010,750 shares. The stock had previously closed at $10.32.

Analyst Ratings Changes

Several equities research analysts recently commented on RCAT shares. Needham & Company LLC boosted their price objective on shares of Red Cat from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Roth Mkm assumed coverage on Red Cat in a report on Monday, June 1st. They set a “buy” rating and a $25.00 target price for the company. HC Wainwright started coverage on Red Cat in a research note on Wednesday, May 27th. They issued a “buy” rating and a $20.00 price target on the stock. Wall Street Zen upgraded Red Cat from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, UBS Group began coverage on Red Cat in a research report on Wednesday, May 27th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $21.40.

Get Our Latest Analysis on Red Cat

Red Cat Stock Up 0.8%

The company’s fifty day moving average is $11.25 and its 200 day moving average is $12.06. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -14.89 and a beta of 1.23.

Red Cat (NASDAQ:RCAT – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.10). Red Cat had a negative net margin of 138.36% and a negative return on equity of 35.86%. The business had revenue of $15.47 million during the quarter, compared to analyst estimates of $17.63 million. The company’s quarterly revenue was up 849.1% on a year-over-year basis. On average, equities research analysts forecast that Red Cat Holdings, Inc. will post -0.68 EPS for the current fiscal year.

Insider Activity

In related news, Director Paul Funk II sold 165,028 shares of Red Cat stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $11.50, for a total value of $1,897,822.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 12.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC boosted its holdings in shares of Red Cat by 4.5% in the 1st quarter. Western Wealth Management LLC now owns 36,722 shares of the company’s stock valued at $481,000 after buying an additional 1,570 shares during the last quarter. Norris Financial Group LLC acquired a new position in Red Cat during the first quarter worth $194,000. Bank of America Corp DE increased its holdings in Red Cat by 46.1% during the first quarter. Bank of America Corp DE now owns 203,366 shares of the company’s stock worth $2,662,000 after buying an additional 64,145 shares during the last quarter. Janus Henderson Group PLC raised its position in Red Cat by 733.7% during the first quarter. Janus Henderson Group PLC now owns 392,808 shares of the company’s stock worth $5,141,000 after acquiring an additional 345,693 shares in the last quarter. Finally, Amundi bought a new stake in Red Cat during the first quarter worth $135,000. Institutional investors and hedge funds own 37.97% of the company’s stock.

About Red Cat

(Get Free Report)

Red Cat Holdings, Inc (NASDAQ: RCAT) is a technology holding company that develops and delivers advanced robotics, autonomy, and sensing solutions for defense, national security, public safety and commercial customers. Headquartered in American Fork, Utah, the company brings together a portfolio of specialized operating businesses focused on unmanned aerial systems (UAS), mission management software, precision mapping sensors and engineering services.

Through its UAS segment, Red Cat designs and manufactures small to medium-sized fixed-wing and vertical-takeoff drones that support intelligence, surveillance and reconnaissance (ISR) missions.