Wall Street Zen upgraded shares of Redwire (NYSE:RDW – Free Report) from a sell rating to a hold rating in a research note released on Saturday morning.
A number of other analysts also recently commented on the company. Jefferies Financial Group upgraded Redwire to a “hold” rating in a research report on Wednesday, June 10th. Cantor Fitzgerald raised their target price on Redwire from $9.00 to $13.50 and gave the stock an “overweight” rating in a research report on Wednesday. Canaccord Genuity Group lifted their price target on shares of Redwire from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Truist Financial upgraded shares of Redwire to a “strong-buy” rating in a research note on Friday, May 1st. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Redwire in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.44.
Check Out Our Latest Stock Report on Redwire
Redwire Stock Performance
Redwire (NYSE:RDW – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.07. Redwire had a negative net margin of 57.26% and a negative return on equity of 12.65%. The business had revenue of $117.07 million during the quarter, compared to analysts’ expectations of $107.10 million. Equities research analysts anticipate that Redwire will post -0.88 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Ae Red Holdings, Llc sold 1,070,565 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $21.48, for a total transaction of $22,995,736.20. Following the completion of the sale, the director owned 1,077,419 shares of the company’s stock, valued at approximately $23,142,960.12. This trade represents a 49.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.79% of the company’s stock.
Hedge Funds Weigh In On Redwire
Several institutional investors have recently bought and sold shares of RDW. Wealthfront Advisers LLC acquired a new position in Redwire in the second quarter worth $529,000. BlackRock Inc. acquired a new stake in shares of Redwire in the second quarter valued at $196,514,000. Deutsche Bank AG bought a new position in shares of Redwire in the second quarter valued at about $2,529,000. Perigon Wealth Management LLC bought a new position in shares of Redwire in the second quarter valued at about $874,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Redwire during the 2nd quarter worth about $16,583,000. Institutional investors own 8.10% of the company’s stock.
Trending Headlines about Redwire
Here are the key news stories impacting Redwire this week:
- Positive Sentiment: Record Q2 results exceeded expectations. Revenue rose 89.6% year over year to $117.1 million, topping the $107.1 million consensus estimate, while the $0.09 per-share loss was narrower than analysts expected. Gross margin reached a record 27.8%, and the net loss improved to $41 million from $97 million a year earlier. Redwire Second-Quarter 2026 Financial Results
- Positive Sentiment: Backlog and liquidity support future growth. Contracted backlog reached a record $542.1 million, the quarterly book-to-bill ratio was 1.42, and total liquidity stood at $607.8 million. Redwire reaffirmed its 2026 revenue outlook of $450 million to $500 million, broadly consistent with consensus. Redwire Q2 Revenue and Backlog Update
- Positive Sentiment: New commercial space-pharmaceutical opportunity. Redwire’s SpaceMD announced its first commercial mission aboard SpaceX’s Starfall spacecraft, aimed at scaling in-space pharmaceutical development. The announcement expands Redwire’s potential commercial applications beyond government and defense contracts. SpaceMD Commercial Mission Announcement
- Positive Sentiment: Analyst support added to the momentum. Cantor Fitzgerald forecast substantial potential appreciation for RDW, reinforcing the favorable reaction to the earnings report. Cantor Fitzgerald Redwire Forecast
- Negative Sentiment: Profitability remains a concern. Redwire still reported a sizable net loss and negative adjusted EBITDA, and its full-year outlook does not yet imply near-term profitability. Reported insider activity also shows substantial selling, which could weigh on sentiment despite the improving operating results. Redwire Insider Activity and Q2 Metrics
Redwire Company Profile
Redwire Corporation is a space infrastructure company specializing in the design, engineering and manufacturing of mission-critical hardware and software for the spaceflight industry. The company’s offerings include deployable structures, solar power systems, radio frequency antennas, advanced composites and transparent optics. Redwire serves a broad customer base that spans civil space agencies, national defense organizations and commercial satellite operators, helping enable missions ranging from communications and Earth observation to deep-space exploration.
Formed through the strategic combination of several specialized space technology firms, Redwire’s portfolio encompasses both flight-proven hardware and cutting-edge in-space manufacturing capabilities.
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