Q2 Earnings Estimate for Red Cat Issued By HC Wainwright

Red Cat Holdings, Inc. (NASDAQ:RCAT) – Investment analysts at HC Wainwright issued their Q2 2026 earnings per share estimates for shares of Red Cat in a research note issued on Wednesday, May 27th. HC Wainwright analyst A. Dayal expects that the company will earn ($0.21) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for Red Cat’s current full-year earnings is ($0.65) per share. HC Wainwright also issued estimates for Red Cat’s Q3 2026 earnings at ($0.19) EPS, Q4 2026 earnings at ($0.17) EPS, FY2026 earnings at ($0.78) EPS, FY2027 earnings at ($0.75) EPS, FY2028 earnings at ($0.67) EPS, FY2029 earnings at ($0.11) EPS and FY2030 earnings at $0.52 EPS.

A number of other equities analysts have also recently commented on RCAT. LADENBURG THALM/SH SH raised Red Cat to a “strong-buy” rating in a report on Wednesday, May 6th. Clear Str raised Red Cat to a “strong-buy” rating in a report on Wednesday, April 29th. Wall Street Zen cut Red Cat from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. UBS Group began coverage on Red Cat in a report on Wednesday. They set a “buy” rating for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Red Cat in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $20.50.

Red Cat Stock Performance

Red Cat stock opened at $14.15 on Friday. Red Cat has a 52 week low of $5.71 and a 52 week high of $18.78. The stock has a market capitalization of $1.74 billion, a P/E ratio of -20.21 and a beta of 1.21. The stock has a fifty day moving average of $12.00 and a 200-day moving average of $11.40.

Red Cat (NASDAQ:RCAT) last released its earnings results on Thursday, May 7th. The company reported ($0.22) earnings per share 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 company had revenue of $15.47 million for the quarter, compared to the consensus estimate of $17.63 million. The company’s revenue for the quarter was up 849.1% on a year-over-year basis.

Hedge Funds Weigh In On Red Cat

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Norris Financial Group LLC acquired a new position in Red Cat in the 1st quarter worth about $194,000. Western Wealth Management LLC increased its holdings in Red Cat by 4.5% in the 1st quarter. Western Wealth Management LLC now owns 36,722 shares of the company’s stock worth $481,000 after purchasing an additional 1,570 shares in the last quarter. Bank of America Corp DE increased its holdings in Red Cat by 46.1% in the 1st quarter. Bank of America Corp DE now owns 203,366 shares of the company’s stock worth $2,662,000 after purchasing an additional 64,145 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Red Cat by 733.7% in the 1st quarter. Janus Henderson Group PLC now owns 392,808 shares of the company’s stock worth $5,141,000 after purchasing an additional 345,693 shares in the last quarter. Finally, Amundi acquired a new position in Red Cat in the 1st quarter worth about $135,000. Institutional investors and hedge funds own 37.97% of the company’s stock.

Trending Headlines about Red Cat

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

• Positive Sentiment: HC Wainwright initiated coverage on Red Cat with a Buy rating and a $20 price target, implying meaningful upside from recent levels and supporting the stock’s re-rating story. RCAT Stock Gets Wall Street Thumbs Up – This Analyst Sees Upside Potential Of Nearly 100% From Current Levels
• Positive Sentiment: Red Cat’s Blue Ops unit announced it is ramping its U.S.-built Variant 7 uncrewed surface vessel into full-rate production, highlighting progress in its air-land-sea autonomy platform and giving investors a concrete execution milestone. Blue Ops Ramps into Full-Rate Production of U.S.-Built Variant 7, Advancing Red Cat’s Autonomy Stack Across Air, Land and Sea
• Positive Sentiment: Unusual options activity showed traders buying a large volume of call options on RCAT, a sign of bullish sentiment and speculation that the move could continue. Traders Buy Large Volume of Call Options on Red Cat (NASDAQ:RCAT)
• Neutral Sentiment: Broader drone-stock strength was fueled by reports that the Trump administration is discussing funding structures for U.S. drone companies, including possible direct federal support or equity stakes, which is lifting the entire sector and helping RCAT. Drone Stock Takes Off as Trump Administration Buzz Builds
• Neutral Sentiment: Market chatter and ETF/institutional ownership data suggest Red Cat remains a heavily watched small-cap defense drone name, which can amplify volatility on headlines. Red Cat Holdings jumps as drone-sector funding talk and fresh defense milestones fuel buying
• Negative Sentiment: The stock’s move is still being driven more by headlines and speculation than by fundamentals, and Red Cat recently reported a quarterly EPS miss and lower-than-expected revenue, reminding investors that profitability remains a challenge. Red Cat Stock Performance and Earnings Data

About Red Cat

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.