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

Red Cat (NASDAQ:RCAT) is expected to be issuing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Red Cat to post earnings of ($0.21) per share and revenue of $22.6530 million for the quarter. Interested persons are encouraged to explore 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 announced 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 business had revenue of $15.47 million for 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 quarterly 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 Trading Down 1.2%

Shares of NASDAQ RCAT opened at $8.75 on Wednesday. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -12.50 and a beta of 1.31. Red Cat has a 12 month low of $5.77 and a 12 month high of $18.78. The stock has a 50-day moving average price of $10.14 and a two-hundred day moving average price of $11.92.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on RCAT shares. Roth Capital initiated coverage on shares of Red Cat in a research report on Monday, June 1st. They issued a “buy” rating and a $25.00 target price on the stock. LADENBURG THALM/SH SH raised shares of Red Cat to a “strong-buy” rating in a report on Wednesday, May 6th. Clear Str upgraded Red Cat to a “strong-buy” rating in a report on Wednesday, April 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Red Cat in a report on Friday, July 17th. Finally, UBS Group started coverage on Red Cat in a report on Wednesday, May 27th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Red Cat has a consensus rating of “Buy” and an average target price of $21.40.

Insider Activity at Red Cat

In other news, Director Paul Funk II sold 165,028 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $11.50, for a total transaction of $1,897,822.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.50% of the stock is owned by corporate insiders.

Institutional Trading of Red Cat

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp boosted its holdings in Red Cat by 136.4% in the 4th quarter. State Street Corp now owns 6,612,153 shares of the company’s stock worth $52,434,000 after buying an additional 3,815,310 shares during the period. Vanguard Group Inc. lifted its position in shares of Red Cat by 43.9% during the third quarter. Vanguard Group Inc. now owns 5,506,377 shares of the company’s stock worth $56,991,000 after acquiring an additional 1,680,929 shares in the last quarter. Davidson Kempner Capital Management LP bought a new position in shares of Red Cat in the third quarter worth $17,286,000. Geode Capital Management LLC boosted its holdings in shares of Red Cat by 13.4% in the fourth quarter. Geode Capital Management LLC now owns 2,520,524 shares of the company’s stock worth $19,991,000 after acquiring an additional 297,967 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Red Cat by 125.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 517,061 shares of the company’s stock valued at $3,764,000 after purchasing an additional 287,802 shares in the last quarter. Institutional investors own 37.97% of the company’s stock.

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.