Red Cat Holdings Inc (NASDAQ:RCAT) does about 4.72M shares in volume on a normal day but saw 12582602 shares change hands in the recent trading day. The company now has a market cap of 574.58M USD. Its current market price is $6.32, marking a decrease of -7.33% compared to the previous close of $6.82. The 52 week high reached by this stock is $15.27 whilst the lowest price level in 52 weeks is $0.80.
The consensus objective for the share price is $13.33, suggesting that the stock has a potential upside of 52.59% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 11, 2025 when Northland Capital initiated the stock to “Outperform” and issued a price target of $13.
The current price level is 4.10%, 6.92%, and 4.56% away from its SMA20, SMA50, and SMA200 respectively, with the RCAT price moving below the 50-day SMA on current market day. Red Cat Holdings Inc (RCAT) stock is down -8.14% over the week and 21.77% over the past month. Its price is -50.82% year-to-date and 474.55% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.12 and -0.39 for whole year. Expected sales for next quarter are $29.9M, which analysts say will come at $80.14M for the current fiscal year and next year at $151.4M. In addition, estimates put the company’s current quarterly revenue at an average of $7.72M.
To reach the target analysts have set, the stock logically needs to grow 52.59 percent from here.
Outstanding shares total 85.65M with insiders holding 14.89% of the shares and institutional holders owning 19.70% of the company’s common stock. The company has a return on investment of -124.59% and return on equity of -68.83%. The forward price to earnings ratio is 65.38. The beta has a value of 0.79. Price to book ratio is 18.72 and price to sales ratio is 34.89.
