Q2 Earnings Forecast for Red Cat Issued By Northland Capmk

Red Cat Holdings, Inc. (NASDAQ:RCAT) – Stock analysts at Northland Capmk issued their Q2 2025 EPS estimates for Red Cat in a report released on Monday, May 19th. Northland Capmk analyst M. Latimore forecasts that the company will post earnings per share of ($0.12) for the quarter. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Red Cat’s current full-year earnings is ($0.50) per share. Northland Capmk also issued estimates for Red Cat’s FY2025 earnings at ($0.40) EPS.

Red Cat (NASDAQ:RCAT) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.17). Red Cat had a negative return on equity of 96.00% and a negative net margin of 232.62%.

Separately, Northland Securities initiated coverage on shares of Red Cat in a research report on Tuesday, March 11th. They set an “outperform” rating and a $13.00 price objective on the stock.

Red Cat Stock Down 6.3%

Shares of RCAT stock opened at $6.35 on Wednesday. The company has a market capitalization of $577.31 million, a price-to-earnings ratio of -11.76 and a beta of 1.37. Red Cat has a one year low of $0.80 and a one year high of $15.27. The company’s fifty day moving average price is $5.90 and its 200-day moving average price is $7.53. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.43 and a quick ratio of 0.60.

Hedge Funds Weigh In On Red Cat

Institutional investors have recently bought and sold shares of the stock. Waddell & Associates LLC purchased a new position in shares of Red Cat in the 4th quarter worth $159,643,000. Vanguard Group Inc. grew its stake in shares of Red Cat by 9.0% in the 4th quarter. Vanguard Group Inc. now owns 2,505,613 shares of the company’s stock worth $32,197,000 after buying an additional 207,727 shares in the last quarter. Apis Capital Advisors LLC grew its stake in shares of Red Cat by 4.9% in the 1st quarter. Apis Capital Advisors LLC now owns 682,000 shares of the company’s stock worth $4,010,000 after buying an additional 32,000 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Red Cat by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 602,596 shares of the company’s stock worth $7,747,000 after buying an additional 10,594 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Red Cat during the 4th quarter worth about $6,628,000. 37.97% of the stock is owned by hedge funds and other institutional investors.

About Red Cat

Red Cat Holdings, Inc engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment.