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Red Cat Holdings, Inc. (RCAT)

Industrials | Aerospace & Defense | South Salt Lake, United States | NasdaqCM
8.38 USD -0.45 (-5.096%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 8.39 +0.01 (0.112%) ⇧ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:35 a.m. EDT

The fundamental reality here is stark: despite the hype surrounding NATO deals and drone programs, the business is hemorrhaging cash with negative operating margins and free cash flow. The stock has lost over 98% of its value over the last nine years, a structural decline that no amount of recent contract wins can immediately reverse. The balance sheet is fragile, with debt-to-equity nearing 6 and no dividend to cushion the blow. While the analyst consensus is aggressively bullish based on potential future contracts, the market has priced in a value trap where the current price reflects a lack of sustainable profitability. The options market confirms this skepticism, with traders buying massive amounts of downside protection rather than betting on a rally. Until the company demonstrates a path to positive cash flow and stabilizes its operations, this remains a speculative gamble on a turnaround story rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.117512
AutoARIMA0.119993
AutoETS0.125110
MSTL0.136275

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 35%
H-stat 0.55
Ljung-Box p 0.000
Jarque-Bera p 0.262
Excess Kurtosis -0.20
Attribute Value
Sector Industrials
Debt to Equity Ratio 5.778
Revenue per Share 0.506
Market Cap 1,275,371,264
Forward P/E -23.28
Beta 1.30
Profit Margins -138.36%
Website https://redcat.red

As of July 11, 2026, 5:35 a.m. EDT: Speculators are heavily positioned for downside protection, with deep in-the-money put open interest significantly exceeding call open interest across nearly all expirations. While there is notable call volume at strikes above the current price (11-15), the overwhelming open interest concentration in the money suggests a 'bear put spread' or hedging strategy rather than a bullish breakout play. Implied volatility is elevated relative to historical norms, indicating fear of a sharp decline.


Info Dump

Attribute Value
52 Week Change -0.14520812
Address1 2,800 South West Temple
Address2 Suite 5
All Time High 990,000.0
All Time Low 0.0
Ask 10.71
Ask Size 2
Audit Risk 10
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 11,103,730
Average Daily Volume3 Month 13,417,550
Average Volume 13,417,550
Average Volume10Days 11,103,730
Beta 1.296
Bid 6.27
Bid Size 2
Board Risk 10
Book Value 1.959
City South Salt Lake
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.38
Current Ratio 10.988
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.71
Day Low 8.27
Debt To Equity 5.778
Display Name Red Cat
Dividend Date 1,564,617,600
Earnings Call Timestamp End 1,778,185,800
Earnings Call Timestamp Start 1,778,185,800
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda -78,932,000
Ebitda Margins -1.44644
Enterprise To Ebitda -11.535
Enterprise To Revenue 16.684
Enterprise Value 910,456,000
Eps Current Year -0.43
Eps Forward -0.36
Eps Trailing Twelve Months -0.68
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.8608
Fifty Day Average Change -2.4807997
Fifty Day Average Change Percent -0.22841777
Fifty Two Week Change Percent -14.520812
Fifty Two Week High 18.78
Fifty Two Week High Change -10.400001
Fifty Two Week High Change Percent -0.5537806
Fifty Two Week Low 5.77
Fifty Two Week Low Change 2.6100001
Fifty Two Week Low Change Percent 0.4523397
Fifty Two Week Range 5.77 - 18.78
Financial Currency USD
First Trade Date Milliseconds 1,011,191,400,000
Float Shares 111,480,749
Forward Eps -0.36
Forward P E -23.277777
Free Cashflow -89,164,896
Full Exchange Name NasdaqCM
Full Time Employees 244
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.07493
Gross Profits 4,089,000
Has Pre Post Market Data 1
Held Percent Insiders 0.09114
Held Percent Institutions 0.44284
Implied Shares Outstanding 152,192,265
Industry Aerospace & Defense
Industry Disp Aerospace & Defense
Industry Key aerospace-defense
Ipo Expected Date 2,021-04-30
Ir Website http://www.peacockfinancial.com/frameset.html
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,564,617,600
Last Split Factor 1:1200
Long Business Summary Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States. The company designs and manufactures small and tactical unmanned aircraft systems (UAS), such as BLACK WIDOW, a short-range reconnaissance war fighter with selectable integrated AI software capabilities; TEAL 2, a blue UAS product of defense used by combat soldiers, police officers, firefighters, wildlife managers, and industrial inspectors; and FANG, a first-person view small UAS. It also develops and produces long-endurance, vertical takeoff, and landing fixed-wing unmanned aircraft systems designed for extended-range intelligence, surveillance, and reconnaissance missions, such as THE EDGE 130. In addition, the company develops BLUE OPS, a battle-tested uncrewed surface vessel weapons system. Further, it provides FANG FPV DRONE, part of ARACHNID family of unmanned intelligence. Red Cat Holdings, Inc. is based in South Salt Lake, Utah.
Long Name Red Cat Holdings, Inc.
Market us_market
Market Cap 1,275,371,264
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_558103995
Most Recent Quarter 1,774,915,200
Net Income To Common -75,505,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,341,574,815
Number Of Analyst Opinions 6
Open 8.7
Operating Cashflow -105,172,000
Operating Margins -1.76472
Overall Risk 10
Payout Ratio 0.0
Phone 800 466 9152
Post Market Change 0.009399414
Post Market Change Percent 0.11216485
Post Market Price 8.3894
Post Market Time 1,783,987,170
Previous Close 8.83
Price Eps Current Year -19.488373
Price Hint 2
Price To Book 4.277693
Price To Sales Trailing12 Months 23.37129
Profit Margins -1.3836399
Quick Ratio 7.468
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.16667
Region US
Regular Market Change -0.45
Regular Market Change Percent -5.09626
Regular Market Day High 8.71
Regular Market Day Low 8.27
Regular Market Day Range 8.27 - 8.71
Regular Market Open 8.7
Regular Market Previous Close 8.83
Regular Market Price 8.38
Regular Market Time 1,783,972,800
Regular Market Volume 7,088,403
Return On Assets -0.29799
Return On Equity -0.56421
Revenue Growth 8.491
Revenue Per Share 0.506
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 6
Shares Outstanding 152,192,265
Shares Percent Shares Out 0.21350001
Shares Short 32,499,770
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 28,461,821
Short Name Red Cat Holdings, Inc.
Short Percent Of Float 0.2348
Short Ratio 2.29
Source Interval 15
State UT
Symbol RCAT
Target High Price 25.0
Target Low Price 20.0
Target Mean Price 22.0
Target Median Price 21.0
Total Cash 131,919,000
Total Cash Per Share 1.075
Total Debt 13,794,000
Total Revenue 54,570,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.68
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.451875
Two Hundred Day Average Change -3.0718746
Two Hundred Day Average Change Percent -0.26824206
Type Disp Equity
Volume 7,088,403
Website https://redcat.red
Zip 84,115