Red Cat (RCAT) Projected to Announce Quarterly Earnings on Thursday

Red Cat (NASDAQ:RCAT) will likely be posting its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Red Cat to announce earnings of ($0.21) per share and revenue of $22.6530 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Red Cat (NASDAQ:RCAT) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.10). The company had revenue of $15.47 million during the quarter, compared to the consensus estimate of $17.63 million. Red Cat had a negative return on equity of 35.86% and a negative net margin of 138.36%.The business’s revenue was up 849.1% on a year-over-year basis. On average, analysts expect Red Cat to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Red Cat Stock Performance

NASDAQ RCAT opened at $6.77 on Thursday. The stock has a fifty day moving average of $10.26 and a 200-day moving average of $12.05. The stock has a market capitalization of $830.95 million, a P/E ratio of -9.67 and a beta of 1.29. Red Cat has a 52 week low of $5.77 and a 52 week high of $18.78.

Insiders Place Their Bets

In related news, Director Paul Funk II sold 165,028 shares of Red Cat stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $11.50, for a total transaction of $1,897,822.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 12.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Red Cat

Hedge funds and other institutional investors have recently made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Red Cat in the 4th quarter valued at $196,000. Invesco Ltd. increased its position in shares of Red Cat by 36.3% in the 4th quarter. Invesco Ltd. now owns 237,038 shares of the company’s stock valued at $1,880,000 after buying an additional 63,098 shares in the last quarter. Vident Advisory LLC acquired a new stake in Red Cat during the 4th quarter worth $1,009,000. Janus Henderson Group PLC lifted its holdings in Red Cat by 29.5% during the fourth quarter. Janus Henderson Group PLC now owns 47,115 shares of the company’s stock worth $374,000 after acquiring an additional 10,723 shares in the last quarter. Finally, Concentric Capital Strategies LP bought a new position in Red Cat during the fourth quarter worth about $1,624,000. 37.97% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. LADENBURG THALM/SH SH raised shares of Red Cat to a “strong-buy” rating in a research note on Wednesday, May 6th. HC Wainwright initiated coverage on shares of Red Cat in a report on Wednesday, May 27th. They set a “buy” rating and a $20.00 target price for the company. UBS Group assumed coverage on shares of Red Cat in a research report on Wednesday, May 27th. They set a “buy” rating for the company. Roth Capital started coverage on Red Cat in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Red Cat in a research note on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $21.40.

Red Cat Company Profile

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.