Red Cat (NASDAQ:RCAT) Shares Down 1.5% – What’s Next?

Posted by Brian Himes on Sep 13th, 2026

Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) dropped 1.5% on Friday . The stock traded as low as $7.93 and last traded at $7.96. 5,256,376 shares changed hands during trading, a decline of 60% from the average session volume of 13,100,832 shares. The stock had previously closed at $8.08.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RCAT. Needham & Company LLC lowered their price target on Red Cat from $20.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Piper Sandler assumed coverage on shares of Red Cat in a research report on Wednesday, September 2nd. They set a “neutral” rating and a $9.00 price objective on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Red Cat in a research note on Friday, July 17th. HC Wainwright restated a “buy” rating and issued a $20.00 target price on shares of Red Cat in a report on Friday, August 7th. Finally, UBS Group assumed coverage on shares of Red Cat in a research note on Wednesday, May 27th. They set a “buy” rating for the company. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $18.00.

View Our Latest Report on RCAT

Red Cat Trading Down 1.5%

The stock has a 50 day moving average of $8.75 and a 200-day moving average of $11.08. The stock has a market capitalization of $977.01 million, a P/E ratio of -9.83 and a beta of 1.35.

Red Cat (NASDAQ:RCAT – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.05). Red Cat had a negative return on equity of 32.25% and a negative net margin of 136.26%.The business had revenue of $20.20 million during the quarter, compared to analysts’ expectations of $22.65 million. Research analysts anticipate that Red Cat Holdings, Inc. will post -0.77 EPS for the current year.

Insider Activity

In other Red Cat news, Director Christopher R. Moe sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $10.51, for a total value of $210,200.00. Following the completion of the sale, the director directly owned 200,502 shares of the company’s stock, valued at $2,107,276.02. The trade was a 9.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Nicholas Reyland Liuzza, Jr. sold 55,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $10.63, for a total transaction of $584,650.00. Following the completion of the transaction, the director owned 489,874 shares in the company, valued at $5,207,360.62. This represents a 10.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 12.50% of the company’s stock.

Institutional Trading of Red Cat

Large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its position in Red Cat by 4.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,008 shares of the company’s stock valued at $522,000 after purchasing an additional 1,961 shares in the last quarter. WINTON GROUP Ltd grew its position in shares of Red Cat by 289.5% during the 2nd quarter. WINTON GROUP Ltd now owns 107,890 shares of the company’s stock worth $1,149,000 after buying an additional 80,190 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Red Cat during the 2nd quarter worth $42,000. Arizona State Retirement System increased its stake in shares of Red Cat by 23.4% during the second quarter. Arizona State Retirement System now owns 36,426 shares of the company’s stock valued at $388,000 after buying an additional 6,917 shares during the period. Finally, Corient Private Wealth LP increased its stake in shares of Red Cat by 135.5% during the second quarter. Corient Private Wealth LP now owns 27,310 shares of the company’s stock valued at $291,000 after buying an additional 15,712 shares during the period. Hedge funds and other institutional investors own 37.97% of the company’s stock.

Red Cat Company Profile

(Get Free Report)

Red Cat Holdings, Inc is a drone technology company that develops and supplies small unmanned aircraft systems for military, government, public safety and commercial applications. Its solutions are designed to support intelligence, surveillance and reconnaissance, situational awareness, and other missions requiring portable and rapidly deployable aerial systems.

Through its Teal Drones business, Red Cat offers the Teal 2 and related Black Widow systems, compact drones designed for defense and public-safety users.