Symbols / RCAT $14.67 +4.08%
RCAT Chart
About
Red Cat Holdings, Inc., together with its subsidiaries, provides products, services, and solutions to the drone industry in the United States. It integrates robotic hardware and software solutions for military, government, and commercial operations; and offers short range reconnaissance, med range reconnaissance, unmanned surface vessels, and controllers. The company also provides ARACHNID family of unmanned intelligence, surveillance, and reconnaissance, as well as precision lethal strike systems; Black Widow, a rucksack portable for operation in electronic warfare environments; and Warfighter Electronic Bridge, a ground control station to build and operate systems for military operations. In addition, it offers unmanned aerial vehicle (UAV) technology to government and commercial enterprises; and VTOL drone, sensor and software solutions. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Aerospace & Defense | Market Cap | 1.75B |
| Enterprise Value | 1.57B | Income | -91.84M | Sales | 7.44M |
| Book/sh | 2.14 | Cash/sh | 1.73 | Dividend Yield | — |
| Payout | 0.00% | Employees | 115 | IPO | — |
| P/E | — | Forward P/E | -48.90 | PEG | — |
| P/S | 235.25 | P/B | 6.85 | P/C | — |
| EV/EBITDA | -26.40 | EV/Sales | 210.53 | Quick Ratio | 9.00 |
| Current Ratio | 10.42 | Debt/Eq | 8.85 | LT Debt/Eq | — |
| EPS (ttm) | -0.51 | EPS next Y | -0.30 | EPS Growth | — |
| Revenue Growth | 6.46% | Earnings | 2026-03-18 | ROA | — |
| ROE | — | ROIC | — | Gross Margin | -38.54% |
| Oper. Margin | -181.74% | Profit Margin | 0.00% | Shs Outstand | 119.37M |
| Shs Float | 105.46M | Short Float | 20.65% | Short Ratio | 1.57 |
| Short Interest | — | 52W High | 18.78 | 52W Low | 4.60 |
| Beta | 1.44 | Avg Volume | 14.11M | Volume | 22.56M |
| Target Price | $20.75 | Recom | Strong_buy | Prev Close | $14.10 |
| Price | $14.67 | Change | 4.08% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$20.75
Mean price target
2. Current target
$14.67
Latest analyst target
3. DCF / Fair value
$20.75
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$14.67
Low
$16.00
High
$25.00
Mean
$20.75
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-03 | main | Ladenburg Thalmann | Buy → Buy | $20 |
| 2026-03-02 | reit | Needham | Buy → Buy | $16 |
| 2026-01-13 | main | Needham | Buy → Buy | $16 |
| 2025-11-14 | main | Needham | Buy → Buy | $12 |
| 2025-10-03 | init | Needham | — → Buy | $17 |
| 2025-03-11 | init | Northland Capital Markets | — → Outperform | $13 |
| 2024-06-14 | init | Ladenburg Thalmann | — → Buy | $4 |
- Red Cat Holdings shares slip 3.9% as traders digest recent run-up and dilution overhang ahead of earnings - Quiver Quantitative Mon, 09 Mar 2026 14
- Red Cat (NASDAQ:RCAT) Stock Price Up 4% - Should You Buy? - MarketBeat ue, 10 Mar 2026 21
- Drone Contract Wins Are Sending Red Cat Stock Higher. Should You Buy RCAT Here? - Yahoo Finance Mon, 09 Mar 2026 14
- Red Cat Holdings Stock Swings After Pentagon Drone Results Cool Rally Ahead of March 18 Earnings - TechStock² Mon, 09 Mar 2026 14
- Why Red Cat Stock Crashed Today - The Motley Fool Fri, 27 Feb 2026 08
- Red Cat Holdings (RCAT) Stock Reaches Record Peak Following Major Drone Deals - MEXC Fri, 06 Mar 2026 18
- CAT Stock Pullback: Time To Buy The Dip Or Book Profits? - Forbes Mon, 09 Mar 2026 19
- RCAT Stock Climbs To All-Time High As Middle-East War Drives Interest In Defense Tech: Retail Says ‘This Will Easily Double’ - Stocktwits Fri, 06 Mar 2026 17
- Red Cat Shares Soar on New Partnerships and Price Target Upgrade - StocksToTrade ue, 10 Mar 2026 19
- A Look At Red Cat Holdings (RCAT) Valuation After New Defense Contracts And Multi Domain Expansion - simplywall.st Mon, 09 Mar 2026 21
- Red Cat Holdings (RCAT) Stock Surges to All-Time High on Drone Contract Wins - CoinCentral Fri, 06 Mar 2026 17
- Why Red Cat Stock Soared Today - The Motley Fool Mon, 02 Mar 2026 08
- Red Cat (NASDAQ:RCAT) Stock Price Down 8.2% - Time to Sell? - MarketBeat Mon, 09 Mar 2026 21
- Red Cat Partnership Expands AI Defense Reach As Stock Momentum Builds - Yahoo Finance Sun, 08 Mar 2026 12
- $CAT stock fell 9% this week. Here's what we see in our data. - Quiver Quantitative Sat, 07 Mar 2026 16
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 9500 | — | — | Stock Gift at price 0.00 per share. | THOMPSON JEFFREY M | Chief Executive Officer | — | 2025-12-29 00:00:00 | D |
| 1 | 262500 | nan | — | — | HITCHCOCK GEOFFREY WAYNE | Officer | — | 2025-10-01 00:00:00 | D |
| 2 | 10000 | 109100.0 | — | Sale at price 10.91 per share. | MOE CHRISTOPHER R. | Director | — | 2025-09-29 00:00:00 | D |
| 3 | 50000 | 501900.0 | — | Sale at price 8.90 - 10.96 per share. | MOE CHRISTOPHER R. | Director | — | 2025-09-12 00:00:00 | D |
| 4 | 26833 | 250560.0 | — | Sale at price 8.93 - 9.58 per share. | MOE CHRISTOPHER R. | Director | — | 2025-08-21 00:00:00 | D |
| 5 | 441983 | 541665.0 | — | Conversion of Exercise of derivative security at price 1.06 - 3.95 per share. | THOMPSON JEFFREY M | Chief Executive Officer | — | 2025-07-18 00:00:00 | D |
| 6 | 150000 | 376500.0 | — | Conversion of Exercise of derivative security at price 2.51 per share. | FREEDMAN JOSEPH DAVID | Director | — | 2025-06-30 00:00:00 | D |
| 7 | 150000 | 1105500.0 | — | Sale at price 7.37 per share. | FREEDMAN JOSEPH DAVID | Director | — | 2025-06-30 00:00:00 | D |
| 8 | 200309 | 1529769.0 | — | Sale at price 6.70 - 8.58 per share. | LIUZZA NICHOLAS REYLAND JR | Director | — | 2025-06-10 00:00:00 | D |
| 9 | 200000 | 300000.0 | — | Conversion of Exercise of derivative security at price 1.50 per share. | LIUZZA NICHOLAS REYLAND JR | Director | — | 2025-06-09 00:00:00 | D |
Financials
| Line Item | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -14.69M | -19.80M | -12.67M | -4.85M |
| TotalUnusualItems | -2.78M | -2.74M | 1.40M | -7.12M |
| TotalUnusualItemsExcludingGoodwill | -2.78M | -2.74M | 1.40M | -7.12M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -21.53M | -26.38M | -11.69M | -13.24M |
| ReconciledDepreciation | 1.42M | 966.07K | 264.80K | 36.83K |
| ReconciledCostOfRevenue | 14.16M | 5.46M | 5.50M | 3.93M |
| EBITDA | -17.46M | -22.54M | -11.28M | -11.98M |
| EBIT | -18.89M | -23.51M | -11.54M | -12.01M |
| NetInterestIncome | -68.61K | -122.00K | -147.72K | -1.22M |
| InterestExpense | 68.61K | 122.00K | 147.72K | 1.22M |
| NormalizedIncome | -18.75M | -23.63M | -13.09M | -6.11M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -24.05M | -28.11M | -11.69M | -13.24M |
| TotalExpenses | 36.72M | 28.13M | 19.43M | 9.88M |
| TotalOperatingIncomeAsReported | -19.30M | -26.34M | -13.00M | -4.88M |
| DilutedAverageShares | 60.12M | 53.86M | 48.22M | 23.66M |
| BasicAverageShares | 60.12M | 53.86M | 48.22M | 23.66M |
| DilutedEPS | -0.40 | -0.52 | -0.24 | -0.56 |
| BasicEPS | -0.40 | -0.52 | -0.24 | -0.56 |
| DilutedNIAvailtoComStockholders | -24.05M | -28.11M | -11.69M | -13.24M |
| NetIncomeCommonStockholders | -24.05M | -28.11M | -11.69M | -13.24M |
| NetIncome | -24.05M | -28.11M | -11.69M | -13.24M |
| NetIncomeIncludingNoncontrollingInterests | -24.05M | -28.11M | -11.69M | -13.24M |
| NetIncomeDiscontinuousOperations | -2.53M | -1.73M | ||
| NetIncomeContinuousOperations | -21.53M | -26.38M | -11.69M | -13.24M |
| PretaxIncome | -21.53M | -26.38M | -11.69M | -13.24M |
| OtherIncomeExpense | -2.57M | -2.74M | 1.46M | -7.14M |
| OtherNonOperatingIncomeExpenses | 708.26K | 391.00 | 62.98K | -12.62K |
| SpecialIncomeCharges | -2.12M | -2.83M | 0.00 | |
| GainOnSaleOfBusiness | 9.64M | 0.00 | ||
| WriteOff | 11.77M | 2.83M | 0.00 | |
| EarningsFromEquityInterest | -503.62K | 0.00 | ||
| GainOnSaleOfSecurity | -651.94K | 82.80K | 1.40M | -7.12M |
| NetNonOperatingInterestIncomeExpense | -68.61K | -122.00K | -147.72K | -1.22M |
| TotalOtherFinanceCost | 68.61K | 122.00K | ||
| InterestExpenseNonOperating | 68.61K | 122.00K | 147.72K | 1.22M |
| OperatingIncome | -18.89M | -23.51M | -13.00M | -4.88M |
| OperatingExpense | 22.57M | 22.68M | 13.93M | 5.95M |
| OtherOperatingExpenses | 4.41M | 1.35M | 590.34K | |
| ResearchAndDevelopment | 6.27M | 5.86M | 2.61M | 516.08K |
| SellingGeneralAndAdministration | 16.30M | 16.82M | 9.97M | 4.84M |
| SellingAndMarketingExpense | 5.09M | 4.08M | 1.13M | 172.18K |
| GeneralAndAdministrativeExpense | 11.21M | 12.74M | 8.84M | 4.67M |
| OtherGandA | 11.21M | 12.74M | 5.55M | 1.28M |
| SalariesAndWages | 3.66M | 3.29M | 3.39M | |
| GrossProfit | 3.68M | -834.31K | 925.51K | 1.07M |
| CostOfRevenue | 14.16M | 5.46M | 5.50M | 3.93M |
| TotalRevenue | 17.84M | 4.62M | 6.43M | 5.00M |
| OperatingRevenue | 17.84M | 4.62M | 6.43M | 5.00M |
| Line Item | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|
| OrdinarySharesNumber | 74.29M | 54.57M | 53.75M | 29.43M |
| ShareIssued | 74.29M | 54.57M | 53.75M | 29.43M |
| NetDebt | 1.74M | |||
| TotalDebt | 2.27M | 2.97M | 2.97M | 2.02M |
| TangibleBookValue | 30.68M | 30.85M | 50.07M | -4.80M |
| InvestedCapital | 44.32M | 56.08M | 79.84M | 7.27M |
| WorkingCapital | 18.75M | 28.12M | 50.21M | -3.03M |
| NetTangibleAssets | 30.68M | 30.86M | 50.08M | -4.78M |
| CapitalLeaseObligations | 1.52M | 1.64M | 1.04M | 0.00 |
| CommonStockEquity | 43.56M | 54.76M | 77.91M | 5.25M |
| PreferredStockEquity | 47.00 | 9.87K | 9.87K | 21.27K |
| TotalCapitalization | 43.56M | 55.17M | 78.89M | 7.02M |
| TotalEquityGrossMinorityInterest | 43.56M | 54.77M | 77.92M | 5.27M |
| StockholdersEquity | 43.56M | 54.77M | 77.92M | 5.27M |
| GainsLossesNotAffectingRetainedEarnings | 4.62K | -861.12K | -1.47M | 0.00 |
| OtherEquityAdjustments | 4.62K | -861.12K | -1.47M | |
| RetainedEarnings | -81.13M | -57.08M | -27.50M | -15.81M |
| AdditionalPaidInCapital | 124.62M | 112.64M | 106.82M | 21.03M |
| CapitalStock | 74.34K | 64.44K | 63.62K | 50.70K |
| CommonStock | 74.29K | 54.57K | 53.75K | 29.43K |
| PreferredStock | 47.00 | 9.87K | 9.87K | 21.27K |
| TotalLiabilitiesNetMinorityInterest | 4.97M | 5.98M | 7.16M | 6.43M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.32M | 1.93M | 1.72M | 1.75M |
| LiabilitiesHeldforSaleNonCurrent | 0.00 | 41.81K | ||
| LongTermDebtAndCapitalLeaseObligation | 1.32M | 1.88M | 1.72M | 1.75M |
| LongTermCapitalLeaseObligation | 1.32M | 1.48M | 749.83K | 0.00 |
| LongTermDebt | 401.57K | 973.71K | 1.75M | |
| CurrentLiabilities | 3.65M | 4.05M | 5.44M | 4.67M |
| OtherCurrentLiabilities | 1.01M | 1.61M | 2.81M | |
| CurrentDeferredLiabilities | 53.94K | 155.99K | 437.93K | 46.10K |
| CurrentDeferredRevenue | 53.94K | 155.99K | 437.93K | 46.10K |
| CurrentDebtAndCapitalLeaseObligation | 947.21K | 1.08M | 1.25M | 269.05K |
| CurrentCapitalLeaseObligation | 195.64K | 159.42K | 293.80K | 0.00 |
| CurrentDebt | 751.57K | 922.14K | 956.90K | 269.05K |
| OtherCurrentBorrowings | 751.57K | 922.14K | 956.90K | 269.05K |
| CurrentNotesPayable | 269.05K | |||
| PayablesAndAccruedExpenses | 2.65M | 1.80M | 2.14M | 1.55M |
| CurrentAccruedExpenses | 1.07M | 409.44K | 1.08M | 614.05K |
| Payables | 1.58M | 1.39M | 1.06M | 932.11K |
| DuetoRelatedPartiesCurrent | 0.00 | 40.06K | 390.21K | |
| AccountsPayable | 1.58M | 1.39M | 1.02M | 541.90K |
| TotalAssets | 48.54M | 60.74M | 85.08M | 11.69M |
| TotalNonCurrentAssets | 26.14M | 28.57M | 29.43M | 10.05M |
| OtherNonCurrentAssets | 108.40K | 57.03K | 3.85K | |
| NonCurrentPrepaidAssets | 43.13K | 53.18K | 57.03K | |
| NonCurrentNoteReceivables | 4.00M | 0.00 | ||
| InvestmentsAndAdvances | 5.39M | 250.00K | 0.00 | |
| InvestmentinFinancialAssets | 250.00K | 250.00K | 0.00 | |
| AvailableForSaleSecurities | 250.00K | 250.00K | ||
| LongTermEquityInvestment | 5.14M | 0.00 | ||
| GoodwillAndOtherIntangibleAssets | 12.88M | 23.91M | 27.84M | 10.05M |
| OtherIntangibleAssets | 3.79M | 6.89M | 2.70M | 2.03M |
| Goodwill | 9.09M | 17.01M | 25.14M | 8.02M |
| NetPPE | 3.82M | 4.25M | 1.53M | 0.00 |
| AccumulatedDepreciation | -911.47K | -342.66K | -189.76K | 0.00 |
| GrossPPE | 4.73M | 4.59M | 1.72M | 0.00 |
| Leases | 1.55M | 1.47M | 149.33K | 0.00 |
| OtherProperties | 3.02M | 2.99M | 1.53M | |
| MachineryFurnitureEquipment | 163.29K | 132.75K | 42.75K | 0.00 |
| BuildingsAndImprovements | 1.48M | 1.60M | 1.02M | 0.00 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 22.40M | 32.18M | 55.65M | 1.64M |
| AssetsHeldForSaleCurrent | 0.00 | 5.28M | ||
| PrepaidAssets | 1.81M | 1.11M | 1.97M | 603.90K |
| Inventory | 8.01M | 8.92M | 3.90M | 362.07K |
| FinishedGoods | 966.92K | 279.00K | 891.04K | 362.07K |
| WorkInProcess | 1.29M | 509.38K | 173.11K | 0.00 |
| RawMaterials | 5.75M | 8.13M | 2.83M | 0.00 |
| Receivables | 6.51M | 871.53K | 913.09K | 396.69K |
| OtherReceivables | 2.15M | |||
| DuefromRelatedPartiesCurrent | 0.00 | 31.85K | 75.00K | |
| AccruedInterestReceivable | 0.00 | 151.67K | 385.73K | 0.00 |
| AccountsReceivable | 4.36M | 719.86K | 495.51K | 321.69K |
| CashCashEquivalentsAndShortTermInvestments | 6.07M | 15.99M | 48.88M | 277.35K |
| OtherShortTermInvestments | 0.00 | 12.81M | 44.79M | 0.00 |
| CashAndCashEquivalents | 6.07M | 3.17M | 4.08M | 277.35K |
| CashFinancial | 6.07M | 3.17M | 4.08M | 277.35K |
| Line Item | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|
| FreeCashFlow | -17.98M | -27.35M | -16.38M | -1.40M |
| RepaymentOfDebt | -572.14K | -606.90K | -929.95K | -510.64K |
| IssuanceOfDebt | 0.00 | 0.00 | 0.00 | 1.74M |
| IssuanceOfCapitalStock | 8.40M | 0.00 | 70.07M | 0.00 |
| CapitalExpenditure | -259.14K | -2.45M | -363.69K | |
| InterestPaidSupplementalData | 70.18K | 122.10K | 164.57K | 15.84K |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 | 0.00 |
| EndCashPosition | 6.07M | 3.26M | 4.08M | 277.35K |
| BeginningCashPosition | 3.26M | 4.08M | 277.35K | 236.67K |
| ChangesInCash | 2.81M | -824.51K | 3.81M | 40.68K |
| CashFlowFromDiscontinuedOperation | -875.23K | -4.89M | ||
| FinancingCashFlow | 7.84M | -633.55K | 66.43M | 1.49M |
| CashFlowFromContinuingFinancingActivities | 7.84M | -633.55K | 66.43M | 1.49M |
| NetOtherFinancingCharges | -33.25K | -26.65K | -2.80M | 56.52K |
| ProceedsFromStockOptionExercised | 2.65K | 0.00 | 100.00K | 201.25K |
| NetCommonStockIssuance | 8.40M | 0.00 | 70.07M | 0.00 |
| CommonStockIssuance | 8.40M | 0.00 | 70.07M | 0.00 |
| NetIssuancePaymentsOfDebt | -572.14K | -606.90K | -929.95K | 1.23M |
| NetLongTermDebtIssuance | -572.14K | -606.90K | -929.95K | 1.23M |
| LongTermDebtPayments | -572.14K | -606.90K | -929.95K | -510.64K |
| LongTermDebtIssuance | 0.00 | 0.00 | 0.00 | 1.74M |
| InvestingCashFlow | 13.57M | 29.59M | -46.60M | -48.37K |
| CashFlowFromContinuingInvestingActivities | 13.57M | 29.59M | -46.60M | -48.37K |
| NetOtherInvestingChanges | 1.00M | -250.00K | ||
| NetInvestmentPurchaseAndSale | 12.83M | 32.29M | -46.26M | 0.00 |
| SaleOfInvestment | 12.83M | 32.29M | 11.36M | 0.00 |
| PurchaseOfInvestment | 0.00 | -57.62M | 0.00 | |
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | 24.87K | -48.37K |
| SaleOfBusiness | 0.00 | 0.00 | 24.87K | 0.00 |
| PurchaseOfBusiness | -250.00K | 0.00 | -48.37K | |
| NetPPEPurchaseAndSale | -259.14K | -2.45M | -363.69K | 0.00 |
| PurchaseOfPPE | -259.14K | -2.45M | -363.69K | 0.00 |
| OperatingCashFlow | -17.72M | -24.90M | -16.02M | -1.40M |
| CashFlowFromContinuingOperatingActivities | -20.25M | -26.63M | -16.02M | -1.40M |
| ChangeInWorkingCapital | -4.67M | -5.72M | -7.09M | 188.94K |
| ChangeInOtherWorkingCapital | -2.79M | 448.76K | -3.28M | -309.16K |
| ChangeInPayablesAndAccruedExpense | 849.57K | -173.65K | -1.51M | 630.68K |
| ChangeInAccruedExpense | 661.70K | -608.45K | -336.16K | 616.87K |
| ChangeInPayable | 187.87K | 434.80K | -1.17M | 13.82K |
| ChangeInAccountPayable | 187.87K | 434.80K | -1.17M | 13.82K |
| ChangeInInventory | 913.34K | -5.71M | -2.23M | -60.04K |
| ChangeInReceivables | -3.64M | -288.99K | -74.32K | -72.53K |
| ChangesInAccountReceivables | -3.64M | -288.99K | -74.32K | -72.53K |
| OtherNonCashItems | -7.12M | 1.77M | 250.40K | 1.10M |
| StockBasedCompensation | 3.61M | 3.66M | 3.29M | 3.39M |
| AssetImpairmentCharge | 11.77M | 2.83M | 0.00 | |
| DeferredTax | -33.25K | -581.77K | ||
| DeferredIncomeTax | -33.25K | -581.77K | ||
| DepreciationAmortizationDepletion | 1.42M | 966.07K | 264.80K | 36.83K |
| DepreciationAndAmortization | 1.42M | 966.07K | 264.80K | 36.83K |
| AmortizationCashFlow | 854.31K | 654.53K | 224.64K | 36.83K |
| AmortizationOfIntangibles | 854.31K | 654.53K | 224.64K | 36.83K |
| Depreciation | 568.81K | 311.55K | 40.16K | 0.00 |
| OperatingGainsLosses | 1.36M | 296.01K | -1.04M | 7.12M |
| EarningsLossesFromEquityInvestments | 503.62K | 0.00 | ||
| GainLossOnInvestmentSecurities | 851.99K | 296.01K | -1.04M | 7.12M |
| GainLossOnSaleOfBusiness | -9.64M | 0.00 | ||
| NetIncomeFromContinuingOperations | -24.05M | -28.11M | -11.69M | -13.24M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for RCAT
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|