Redwire (NYSE:RDW) Stock Gets Price Target Cut from B. Riley Financial

Redwire (NYSE:RDW – Get Free Report) had its price target lowered by B. Riley Financial from $15.00 to $14.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial‘s target price suggests a potential upside of 107.96% from the company’s previous close.

RDW has been the topic of a number of other research reports. Canaccord Genuity Group set a $13.00 target price on shares of Redwire in a report on Friday. Alliance Global Partners reiterated a “buy” rating on shares of Redwire in a research note on Thursday, August 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Redwire in a research report on Thursday, October 15th. Wall Street Zen raised shares of Redwire from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Bank of America boosted their price objective on shares of Redwire from $7.00 to $8.00 and gave the stock an “underperform” rating in a research note on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.28.

Check Out Our Latest Research Report on RDW

Redwire Trading Up 8.8%

Shares of NYSE:RDW traded up $0.54 during midday trading on Friday, hitting $6.73. 5,595,814 shares of the stock traded hands, compared to its average volume of 24,618,725. The company has a quick ratio of 3.48, a current ratio of 3.92 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average is $9.88 and its two-hundred day moving average is $11.02. The stock has a market capitalization of $1.68 billion, a PE ratio of -5.35 and a beta of 3.15. Redwire has a one year low of $4.87 and a one year high of $26.64.

Redwire (NYSE:RDW – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.04. Redwire had a negative net margin of 52.36% and a negative return on equity of 9.84%. The business had revenue of $109.03 million for the quarter, compared to analysts’ expectations of $126.75 million. As a group, research analysts forecast that Redwire will post -0.73 earnings per share for the current year.

Insider Transactions at Redwire

In other news, Director Ae Red Holdings, Llc sold 929,435 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $11.34, for a total transaction of $10,539,792.90. Following the completion of the sale, the director owned 147,984 shares of the company’s stock, valued at $1,678,138.56. The trade was a 86.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On Redwire

Several institutional investors and hedge funds have recently modified their holdings of RDW. Parallel Advisors LLC purchased a new position in shares of Redwire during the first quarter valued at about $28,000. KBC Group NV bought a new stake in shares of Redwire in the first quarter worth about $29,000. Rockefeller Capital Management L.P. increased its holdings in shares of Redwire by 1,054.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,016 shares of the company’s stock worth $31,000 after purchasing an additional 3,668 shares during the last quarter. Signaturefd LLC lifted its position in shares of Redwire by 211.8% in the third quarter. Signaturefd LLC now owns 3,077 shares of the company’s stock worth $32,000 after buying an additional 2,090 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Redwire by 70.4% in the third quarter. GAMMA Investing LLC now owns 3,213 shares of the company’s stock worth $34,000 after buying an additional 1,327 shares in the last quarter. Institutional investors own 8.10% of the company’s stock.

Key Stories Impacting Redwire

Here are the key news stories impacting Redwire this week:

  • Positive Sentiment: Redwire secured a $20 million contract for additional Otter very-low-Earth-orbit testing and experimentation, adding to its potential work pipeline. Redwire awarded $20 million Otter contract
  • Positive Sentiment: Q3 backlog reached a record $619.7 million, up nearly 75% year over year, with a 1.73 book-to-bill ratio; the company also reported record gross margins. Adjusted loss per share of $0.06 was narrower than analysts’ expected $0.10 loss. Redwire Q3 2026 results
  • Negative Sentiment: The main earnings concern was revenue: Q3 sales of about $109 million fell well short of analysts’ roughly $127 million estimate. The shortfall overshadowed the stronger backlog and margins and drove a sharp selloff after results. Revenue miss and market reaction
  • Negative Sentiment: Piper Sandler cut its price target to $8 from $11 and assigned a neutral rating. The target implies upside from the cited $6.17 share price, but the cut signals reduced analyst expectations. Piper Sandler analyst rating

Redwire Company Profile

(Get Free Report)

Redwire Corporation (NYSE: RDW) is a space infrastructure and defense technology company that develops products and services for government and commercial customers. Its capabilities support spacecraft, space stations, national security missions, and other applications across the space economy.

The company’s offerings include deployable solar arrays, spacecraft platforms, avionics, sensors, communications systems, digital engineering and mission-support services. Redwire also develops robotic systems, in-space manufacturing technologies, payloads, and other solutions designed to enable spacecraft operations and the production of materials in orbit.

Redwire was formed in 2020 through the combination of several space technology businesses backed by AE Industrial Partners and became a publicly traded company in 2021.

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