Rain Enhancement Technologies Holdco (NASDAQ:RAIN) Announces Quarterly Earnings Results

Posted by Brenda Bartman on May 15th, 2026

Rain Enhancement Technologies Holdco (NASDAQ:RAIN – Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.24) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.01 million for the quarter.

Rain Enhancement Technologies Holdco Trading Up 0.6%

NASDAQ RAIN traded up $0.01 during trading on Friday, hitting $1.74. 22,957 shares of the company’s stock were exchanged, compared to its average volume of 21,068. The company has a market cap of $14.25 million, a PE ratio of -1.44 and a beta of -0.30. Rain Enhancement Technologies Holdco has a fifty-two week low of $1.26 and a fifty-two week high of $8.52. The stock’s 50 day moving average price is $2.50 and its two-hundred day moving average price is $3.78.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RAIN. Harraden Circle Investments LLC acquired a new position in Rain Enhancement Technologies Holdco during the third quarter worth about $332,000. Bank of America Corp DE raised its stake in Rain Enhancement Technologies Holdco by 38,985.0% during the third quarter. Bank of America Corp DE now owns 7,817 shares of the company’s stock worth $43,000 after acquiring an additional 7,797 shares in the last quarter. Clear Street Group Inc. acquired a new position in Rain Enhancement Technologies Holdco during the third quarter worth about $53,000. Geode Capital Management LLC raised its stake in Rain Enhancement Technologies Holdco by 29.2% during the fourth quarter. Geode Capital Management LLC now owns 21,682 shares of the company’s stock worth $127,000 after acquiring an additional 4,896 shares in the last quarter. Finally, Quarry LP acquired a new position in Rain Enhancement Technologies Holdco during the fourth quarter worth about $88,000. Institutional investors and hedge funds own 25.79% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Rain Enhancement Technologies Holdco from a “sell (e+)” rating to a “sell (e)” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Get Our Latest Stock Report on Rain Enhancement Technologies Holdco