Red Cat (NASDAQ:RCAT) Stock Price Down 2.6% – Time to Sell?

Posted by Francis Steltz on May 15th, 2026

Shares of Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) fell 2.6% during trading on Friday . The stock traded as low as $9.22 and last traded at $9.49. 8,857,332 shares were traded during mid-day trading, a decline of 40% from the average session volume of 14,807,853 shares. The stock had previously closed at $9.74.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Clear Str upgraded shares of Red Cat to a “strong-buy” rating in a research note on Wednesday, April 29th. Northland Securities set a $22.00 target price on shares of Red Cat in a research report on Tuesday, January 20th. Wall Street Zen cut shares of Red Cat from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Needham & Company LLC lifted their price target 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. Finally, LADENBURG THALM/SH SH upgraded Red Cat to a “strong-buy” rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $20.67.

Get Our Latest Research Report on Red Cat

Red Cat Stock Down 2.6%

The stock has a 50 day moving average of $13.12 and a 200 day moving average of $11.43. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of -13.56 and a beta of 1.21.

Red Cat (NASDAQ:RCAT – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.10). The firm had revenue of $15.47 million for the quarter, compared to analyst estimates of $17.63 million. Red Cat had a negative return on equity of 35.86% and a negative net margin of 138.36%.The company’s revenue for the quarter was up 849.1% compared to the same quarter last year. As a group, analysts predict that Red Cat Holdings, Inc. will post -0.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RCAT. Arizona State Retirement System lifted its stake in Red Cat by 3.0% during the fourth quarter. Arizona State Retirement System now owns 29,311 shares of the company’s stock worth $232,000 after purchasing an additional 855 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Red Cat by 0.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 167,084 shares of the company’s stock valued at $1,325,000 after purchasing an additional 1,147 shares during the last quarter. Advisory Services Network LLC raised its holdings in shares of Red Cat by 5.3% during the 3rd quarter. Advisory Services Network LLC now owns 30,200 shares of the company’s stock worth $313,000 after buying an additional 1,507 shares in the last quarter. AlphaQuest LLC lifted its position in shares of Red Cat by 17.4% during the 3rd quarter. AlphaQuest LLC now owns 10,839 shares of the company’s stock worth $112,000 after buying an additional 1,608 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Red Cat by 181.1% during the 3rd quarter. IFP Advisors Inc now owns 2,670 shares of the company’s stock worth $28,000 after buying an additional 1,720 shares during the last quarter. 37.97% of the stock is currently owned by institutional investors and hedge funds.

Red Cat Company Profile

(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.