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

Red Cat (NASDAQ:RCAT) is expected to be announcing 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. Interested persons can find conference call details 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 released its quarterly earnings results on Thursday, May 7th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.10). Red Cat had a negative net margin of 138.36% and a negative return on equity of 35.86%. The business had revenue of $15.47 million for the quarter, compared to analysts’ expectations of $17.63 million. The firm’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 Up 8.7%

RCAT stock traded up $0.71 during midday trading on Tuesday, reaching $8.97. 5,957,606 shares of the company’s stock traded hands, compared to its average volume of 13,991,956. Red Cat has a 52-week low of $5.77 and a 52-week high of $18.78. The stock has a market cap of $1.10 billion, a P/E ratio of -12.79 and a beta of 1.32. The stock’s 50-day moving average is $10.16 and its 200 day moving average is $11.96.

Insider Buying and Selling at Red Cat

In related news, Director Paul Funk II sold 165,028 shares of the stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. 12.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

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

Analysts Set New Price Targets

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