Q2 EPS Estimates for Red Cat Lowered by Northland Securities

Posted by Francis Steltz on Jul 29th, 2026

Red Cat Holdings, Inc. (NASDAQ:RCAT – Free Report) – Investment analysts at Northland Securities decreased their Q2 2026 EPS estimates for Red Cat in a research note issued to investors on Thursday, July 23rd. Northland Securities analyst M. Latimore now anticipates that the company will earn ($0.21) per share for the quarter, down from their prior estimate of ($0.19). The consensus estimate for Red Cat’s current full-year earnings is ($0.68) per share. Northland Securities also issued estimates for Red Cat’s Q3 2026 earnings at ($0.15) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.73) EPS, Q1 2027 earnings at ($0.18) EPS, Q2 2027 earnings at ($0.17) EPS, Q3 2027 earnings at ($0.10) EPS, Q4 2027 earnings at ($0.04) EPS and FY2027 earnings at ($0.49) EPS.

Red Cat (NASDAQ:RCAT – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $17.63 million. The business’s revenue was up 849.1% on a year-over-year basis.

Several other analysts have also commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Red Cat in a report on Friday, July 17th. Clear Str raised Red Cat to a “strong-buy” rating in a research note on Wednesday, April 29th. HC Wainwright assumed coverage on Red Cat in a research report on Wednesday, May 27th. They set a “buy” rating and a $20.00 target price on the stock. UBS Group assumed coverage on shares of Red Cat in a research note on Wednesday, May 27th. They issued a “buy” rating on the stock. Finally, Wall Street Zen lowered shares of Red Cat from a “sell” rating to a “strong sell” rating in a report on Saturday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Red Cat has a consensus rating of “Buy” and an average target price of $21.40.

Read Our Latest Analysis on RCAT

Red Cat Trading Down 4.4%

NASDAQ RCAT opened at $7.45 on Monday. The stock has a market capitalization of $914.41 million, a price-to-earnings ratio of -10.64 and a beta of 1.29. Red Cat has a twelve month low of $5.77 and a twelve month high of $18.78. The stock has a 50-day moving average of $10.30 and a 200 day moving average of $12.09.

Institutional Investors Weigh In On Red Cat

A number of hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in Red Cat during the first quarter worth about $33,000. IFP Advisors Inc raised its holdings in Red Cat by 181.1% in the 3rd quarter. IFP Advisors Inc now owns 2,670 shares of the company’s stock valued at $28,000 after acquiring an additional 1,720 shares during the last quarter. NFSG Corp raised its holdings in Red Cat by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Red Cat by 294.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,042 shares of the company’s stock worth $40,000 after purchasing an additional 2,271 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Red Cat by 407.0% in the 4th quarter. Bank of America Corp DE now owns 3,397 shares of the company’s stock worth $44,000 after purchasing an additional 2,727 shares in the last quarter. 37.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Red Cat news, Director Paul Funk II sold 165,028 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $11.50, for a total value of $1,897,822.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 12.50% of the company’s stock.

About Red Cat

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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.