Symbols / RCAT
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 | 1.36B |
| Enterprise Value | 1.17B | 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 | -37.90 | PEG | — |
| P/S | 182.33 | P/B | 5.31 | P/C | — |
| EV/EBITDA | -19.76 | EV/Sales | 157.61 | 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 | 2026-03-10 | 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 | 19.63% | Short Ratio | 1.34 |
| Short Interest | — | 52W High | 18.02 | 52W Low | 4.58 |
| Beta | 1.35 | Avg Volume | 10.42M | Volume | 6.01M |
| Target Price | $19.50 | Recom | Strong_buy | Prev Close | $11.25 |
| Price | $11.37 | Change | 1.07% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$19.50
Mean price target
2. Current target
$11.22
Latest analyst target
3. DCF / Fair value
$19.50
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$11.22
Low
$15.00
High
$25.00
Mean
$19.50
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 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 (NASDAQ:RCAT) Stock Price Down 6.3% - Here's What Happened - MarketBeat Fri, 13 Feb 2026 00
- Watch Out For These Red Flags In CAT Stock - Forbes hu, 12 Feb 2026 12
- Red Cat: Innovation Day Likely To Elevate (NASDAQ:RCAT) - Seeking Alpha Wed, 11 Feb 2026 15
- Will the Iron Drone Raider Win Ignite Ondas' Long-Term Growth Engine? - The Globe and Mail ue, 17 Feb 2026 16
- Why Red Cat Stock Popped Again Today - The Motley Fool ue, 20 Jan 2026 08
- Red Cat Holdings (RCAT) Is Up 20.7% After Strong FY2025 Defense Revenue Guidance - What's Changed - Yahoo Finance ue, 13 Jan 2026 08
- ONDS vs. RCAT: Which Drone Tech Stock Is the Better Pick Now? - Zacks Investment Research Wed, 21 Jan 2026 08
- Legal Challenge Confronts Red Cat’s High-Flying Growth Narrative - primaryignition.com Wed, 28 Jan 2026 08
- $RCAT stock is down 17% today. Here's what we see in our data. - Quiver Quantitative Wed, 04 Feb 2026 19
- CAT Stock Rises On Huge Earnings Beat As Backlog Soars - Investor's Business Daily hu, 29 Jan 2026 08
- U.S. drone maker Red Cat lands new Asia-Pacific military buyer - Stock Titan Mon, 02 Feb 2026 08
- Red Cat: Geopolitical Tailwinds To Boost This Defense Stock (NASDAQ:RCAT) - Seeking Alpha hu, 22 Jan 2026 08
- Red Cat Revenue Surges 1,800% After Crossing Into Mass Production - MarketBeat hu, 15 Jan 2026 08
- Why Red Cat Stock Popped Today -- Then Gave It Back - The Motley Fool ue, 13 Jan 2026 08
- ONDS vs. RCAT: Which Drone Tech Stock Is the Better Pick Now? - Yahoo Finance Wed, 21 Jan 2026 08
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 | 1105500.0 | — | Sale at price 7.37 per share. | FREEDMAN JOSEPH DAVID | Director | — | 2025-06-30 00:00:00 | D |
| 7 | 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 |
| 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 | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|