Red Cat Holdings Inc [NASDAQ: RCAT] stock went on a downward path that fall over -1.60% on Thursday, amounting to a one-week price decrease of less than -5.04%.
Over the last 12 months, RCAT stock dropped by -47.24%. The one-year Red Cat Holdings Inc stock forecast points to a potential upside of 49.14. The average equity rating for RCAT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $667.31 million, with 85.65 million shares outstanding and 78.43 million shares in the current float. Compared to the average trading volume of 7.04M shares, RCAT stock reached a trading volume of 5940744 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Red Cat Holdings Inc [RCAT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCAT shares is $13.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RCAT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Red Cat Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 11, 2025. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price to Buy. The new note on the price target was released on June 14, 2024, representing the official price target for Red Cat Holdings Inc stock.
The Price to Book ratio for the last quarter was 20.09, with the Price to Cash per share for the same quarter was set at 0.08.
RCAT Stock Performance Analysis:
Red Cat Holdings Inc [RCAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.04. With this latest performance, RCAT shares dropped by -22.95% in over the last four-week period, additionally sinking by -52.22% over the last 6 months – not to mention a drop of -47.24% in the past year of trading.
Insight into Red Cat Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Red Cat Holdings Inc [RCAT] shares currently have an operating margin of -159.80% and a Gross Margin at 10.92%. Red Cat Holdings Inc’s Net Margin is presently recorded at -232.64%.
Return on Equity for this stock declined to -61.61%, with Return on Assets sitting at -61.61%.
Red Cat Holdings Inc [RCAT] Institutonal Ownership Details
There are presently around $18.66%, or 21.64% of RCAT stock, in the hands of institutional investors. The top three institutional holders of RCAT stocks are: AIGH CAPITAL MANAGEMENT LLC with ownership of 4.92 million shares, which is approximately 6.6048%. AWM INVESTMENT COMPANY, INC., holding 4.47 million shares of the stock with an approximate value of $$5.14 million in RCAT stocks shares; and AWM INVESTMENT COMPANY, INC., currently with $$1.63 million in RCAT stock with ownership which is approximately 1.9066%.
