Red Cat Holdings, Inc. (NASDAQ:RCAT) Given Consensus Recommendation of “Buy” by Analysts

Posted by Geri Gentry on Jun 3rd, 2026

Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) has been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $21.40.

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC increased their price objective on shares of Red Cat from $16.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of Red Cat in a research report on Tuesday, April 21st. HC Wainwright assumed coverage on shares of Red Cat in a research note on Wednesday, May 27th. They issued a “buy” rating and a $20.00 target price for the company. Roth Mkm assumed coverage on shares of Red Cat in a research note on Monday. They issued a “buy” rating and a $25.00 target price for the company. Finally, Wall Street Zen downgraded shares of Red Cat from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd.

Get Our Latest Report on RCAT

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RCAT. IFP Advisors Inc boosted its stake in shares of Red Cat by 181.1% in the third quarter. IFP Advisors Inc now owns 2,670 shares of the company’s stock valued at $28,000 after purchasing an additional 1,720 shares during the period. Fifth Third Bancorp purchased a new position in shares of Red Cat in the first quarter valued at $33,000. Montag A & Associates Inc. boosted its stake in shares of Red Cat by 552.0% in the third quarter. Montag A & Associates Inc. now owns 3,260 shares of the company’s stock valued at $34,000 after purchasing an additional 2,760 shares during the period. California State Teachers Retirement System purchased a new position in shares of Red Cat in the second quarter valued at $34,000. Finally, NFSG Corp boosted its stake in shares of Red Cat by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $39,000 after purchasing an additional 2,000 shares during the period. 37.97% of the stock is currently owned by hedge funds and other institutional investors.

More Red Cat News

Here are the key news stories impacting Red Cat this week:

Positive Sentiment: Red Cat said its Blue Ops unit moved the Variant 7 uncrewed surface vessel into full-rate U.S. production and will integrate new AI swarm autonomy from Apium across air, land, and sea systems, expanding its multi-domain defense footprint. Red Cat Holdings (RCAT) Expands Multi-Domain Defense Footprint With Variant 7 and AI Swarm Integration
Positive Sentiment: Safe Pro’s new U.S. Army order for an AI-powered threat analysis kit includes Red Cat Black Widow drones, reinforcing RCAT’s role in Army-ready drone solutions and potentially opening the door to follow-on demand. Safe Pro Secures U.S. Army Order for AI-Powered Threat Analysis Kit Integrated With Red Cat Black Widow Drones
Positive Sentiment: Analyst and media coverage continues to frame Red Cat as a beneficiary of the defense-tech and drone spending surge, with bullish commentary pointing to additional upside if government demand continues. This drone stock has surged over the past year. Roth Capital says it can rally another 70%
Neutral Sentiment: Broader articles about defense-sector winners and drone stocks are adding to investor enthusiasm around RCAT, but they are more thematic than company-specific. Top 5 Stocks That Will Profit From the Silicon Valley Defense Tech Surge
Negative Sentiment: No major company-specific negative catalyst was identified in the provided news flow; the main risk remains that recent gains may have already priced in much of the optimism.

Red Cat Stock Up 0.7%

Red Cat stock opened at $14.95 on Wednesday. Red Cat has a 52-week low of $5.77 and a 52-week high of $18.78. The firm has a fifty day moving average of $11.94 and a 200-day moving average of $11.48. The firm has a market capitalization of $1.83 billion, a P/E ratio of -21.36 and a beta of 1.23.

Red Cat (NASDAQ:RCAT – Get Free Report) last released its quarterly earnings data 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 return on equity of 35.86% and a negative net margin of 138.36%.The business had revenue of $15.47 million during the quarter, compared to analyst estimates of $17.63 million. Red Cat’s quarterly revenue was up 849.1% compared to the same quarter last year. On average, research analysts expect that Red Cat will post -0.69 EPS for the current fiscal year.

Red Cat Company Profile

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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.