Q2 Earnings Forecast for Red Cat Issued By Northland Capmk

Red Cat Holdings, Inc. (NASDAQ:RCAT) – Equities research analysts at Northland Capmk issued their Q2 2025 EPS estimates for Red Cat in a research report issued on Monday, May 19th. Northland Capmk analyst M. Latimore expects that the company will earn ($0.12) per share for the quarter. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Red Cat’s current full-year earnings is ($0.50) per share. Northland Capmk also issued estimates for Red Cat’s FY2025 earnings at ($0.40) EPS.

Separately, Northland Securities assumed coverage on shares of Red Cat in a research report on Tuesday, March 11th. They set an “outperform” rating and a $13.00 price target for the company.

Red Cat Price Performance

Shares of RCAT stock opened at $6.78 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 1.43 and a debt-to-equity ratio of 0.30. Red Cat has a 12 month low of $0.80 and a 12 month high of $15.27. The firm has a market cap of $616.40 million, a price-to-earnings ratio of -12.56 and a beta of 1.37. The stock has a 50-day moving average price of $5.88 and a 200 day moving average price of $7.54.

Red Cat (NASDAQ:RCAT) last released its earnings results on Wednesday, May 14th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.17). Red Cat had a negative net margin of 232.62% and a negative return on equity of 96.00%.

Hedge Funds Weigh In On Red Cat

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Waddell & Associates LLC bought a new position in Red Cat during the 4th quarter worth approximately $159,643,000. Vanguard Group Inc. raised its stake in Red Cat by 9.0% during the 4th quarter. Vanguard Group Inc. now owns 2,505,613 shares of the company’s stock worth $32,197,000 after buying an additional 207,727 shares during the period. Apis Capital Advisors LLC lifted its holdings in Red Cat by 4.9% during the first quarter. Apis Capital Advisors LLC now owns 682,000 shares of the company’s stock worth $4,010,000 after acquiring an additional 32,000 shares in the last quarter. Geode Capital Management LLC grew its stake in Red Cat by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 602,596 shares of the company’s stock valued at $7,747,000 after acquiring an additional 10,594 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Red Cat in the fourth quarter worth about $6,628,000. Institutional investors own 37.97% of the company’s stock.

Red Cat Company Profile

Red Cat Holdings, Inc engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment.