What is Northland Capmk’s Forecast for Red Cat Q2 Earnings?

Red Cat Holdings, Inc. (NASDAQ:RCAT) – Analysts at Northland Capmk cut their Q2 2026 earnings estimates for Red Cat in a research report issued on Thursday, August 14th. Northland Capmk analyst M. Latimore now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.01. 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 Q3 2026 earnings at $0.02 EPS and FY2026 earnings at $0.06 EPS.

Other research analysts also recently issued research reports about the stock. Northland Securities set a $16.00 target price on shares of Red Cat in a report on Friday. Wall Street Zen upgraded Red Cat from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th.

Red Cat Trading Up 9.3%

NASDAQ RCAT opened at $9.19 on Monday. Red Cat has a 1 year low of $2.31 and a 1 year high of $15.27. The company has a fifty day simple moving average of $8.53 and a 200 day simple moving average of $7.26. The company has a market cap of $845.30 million, a P/E ratio of -17.02 and a beta of 1.44.

Insider Buying and Selling

In other Red Cat news, Director Nicholas Reyland Liuzza, Jr. sold 100,309 shares of the firm’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $6.70, for a total value of $672,070.30. Following the sale, the director directly owned 387,445 shares in the company, valued at $2,595,881.50. This trade represents a 20.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Joseph David Freedman sold 150,000 shares of the business’s stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $7.37, for a total transaction of $1,105,500.00. Following the transaction, the director owned 165,260 shares in the company, valued at approximately $1,217,966.20. The trade was a 47.58% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 350,309 shares of company stock valued at $2,635,570. Corporate insiders own 15.30% of the company’s stock.

Institutional Investors Weigh In On Red Cat

A number of institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System acquired a new position in Red Cat in the 2nd quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd increased its position in shares of Red Cat by 28,681.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 6,044 shares of the company’s stock valued at $44,000 after purchasing an additional 6,023 shares during the period. Bank of America Corp DE raised its stake in shares of Red Cat by 407.0% in the fourth quarter. Bank of America Corp DE now owns 3,397 shares of the company’s stock valued at $44,000 after purchasing an additional 2,727 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Red Cat by 1,537.2% in the second quarter. BNP Paribas Financial Markets now owns 7,220 shares of the company’s stock worth $53,000 after purchasing an additional 6,779 shares during the period. Finally, SBI Securities Co. Ltd. lifted its position in Red Cat by 104.4% in the first quarter. SBI Securities Co. Ltd. now owns 9,467 shares of the company’s stock worth $56,000 after purchasing an additional 4,835 shares during the period. 37.97% of the stock is owned by institutional investors and hedge funds.

Red Cat Company Profile

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.