Red Cat Holdings: Cautiously Optimistic After The FY 2025 Guidance Downgrade
My bull case on Red Cat Holdings hinges on Black Widow snapping back into clean deliveries in 2026. The 6–7 week delay was an external factor. I downgraded to a cautious buy after FY25 revenue guidance was cut to $34.5M–$37.5M, from $80M–$120M, reflecting the heavy Black Widow concentration. The Edge 130 reconfiguration removed the expected $25M FY25 FlightWave contribution, and management gave no firm redesign timeline.
Red Cat: Sell-Off Gift
Red Cat has sharply declined to $6 despite strong momentum in the U.S. drone market and new product launches. The drone manufacturer reported record Q3 revenue with growth of 646% YoY, but 2025 guidance was cut significantly due to government contract delays. The company is expanding into uncrewed surface vessels, targeting a $150 million opportunity, and maintains a robust $213 million cash balance.
Red Cat Misses Estimates, Expands Operations
Red Cat Holdings, Inc. reported a Q3 '25 EPS loss and revenue miss, causing RCAT shares to drop 12% post-earnings. RCAT is expanding aggressively, doubling production space and launching a maritime division, but faces execution and profitability risks. Despite a strong cash position and robust demand, RCAT's valuation remains high, with the market pricing in substantial future growth.
Red Cat Holdings, Inc. (RCAT) Financial Results For 2024 Transition Period Conference Call Transcript
Red Cat Holdings, Inc. ( RCAT ) Financial Results for 2024 Transition Period Conference Call March 31, 2025 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Conference Call Participants Glenn Mattson - Ladenburg Thalmann Mike Latimore - Northland Capital Markets Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings December 31st, 2024, Eight Months Stub Period Financial Results and Corporate Update Conference Call.
Red Cat Holdings, Inc. (RCAT) Q3 2025 Earnings Call Transcript
Red Cat Holdings, Inc. ( RCAT ) Q3 2025 Earnings Call November 13, 2025 4:30 PM EST Company Participants Jeffrey Thompson - Founder, President, CEO & Chairman Christian Ericson - Chief Financial Officer Conference Call Participants Austin Bohlig - Needham & Company, LLC, Research Division Mike Latimore - Northland Capital Markets, Research Division Glenn Mattson - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good afternoon, and welcome to Red Cat's Third Quarter 2025 Earnings Conference Call. My name is Steve, and I'll be your operator for today's call.
Defense Stock Due for a Rebound After Falling From Highs
Defense stock Red Cat Holdings Inc (NASDAQ:RCAT) has pulled back from its Oct. 9 record high of $16.70, last seen down 4% to trade at $8.79 today.
Red Cat Holdings to Post Q3 Earnings: What's in the Offing?
RCAT is set to report Q3 results, with revenues expected to more than double. However, higher costs are likely to have weighed on margins.
Red Cat: Marsupial Drones And AI? Building The Future Of Warfare
Red Cat Holdings offers a compelling entry point after a pullback, with shares now in the low $12 range ahead of 3Q25 earnings. RCAT is driving growth through AI integration in its Black Widow drones and a transformative partnership with AeroVironment for modular, marsupial drone systems. A recent $172.5 million public offering and strong cash reserves position RCAT well for scaling production and pursuing new defense contracts.
Red Cat Holdings: Strong Buy Due To Innovative Products And Fast Growth
Red Cat is rated a strong buy, driven by its innovative unmanned drones and aquatic vehicles for defense and law enforcement. RCAT benefits from robust US and global defense spending, with government contracts and macro trends supporting future growth in military drone demand. Financials show rapid revenue growth, especially from the Teal drones launch, but net losses and a short cash runway raise dilution risks.
Drone Stock Flies on Brand-New "Buy" Rating
Red Cat Holdings Inc (NASDAQ:RCAT) stock is soaring today, up 20.2% at $13.87 at last glance, after Needham initiated coverage on the drone maker with a "buy" rating and $17 price target.
Red Cat Secures NATO Approval-Drone Demand On The Rise
Red Cat's Teal Black Widow drones approved for NATO's NSPA catalogue, enabling streamlined allied procurement. Revenue fell sharply year-over-year, while cash reserves surged through equity dilution and inventory buildup. NATO drone demand, DJI's potential U.S. exit, and rising global tensions position Red Cat for strong future orders.
Red Cat: Massive Drone Tailwinds Start Now
Red Cat Holdings is entering a major growth phase with its first significant U.S. Army drone order, signaling a business ramp-up. Despite weak Q2'25 results, management reaffirms confidence in hitting 2025 revenue targets, with guidance of at least $80 million. Red Cat has entered the USV space where the Navy plans to spend $1.7 billion, offering the ability to drive outsized growth.
