From what 0 stock analysts predict, the share price for Red Cat Holdings Inc. (RCAT) might increase by 53.06% in the next year. This is based on a 12-month average estimation for RCAT. Price targets go from $4 to $5. The majority of stock analysts believe RCAT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned RCAT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Red Cat Holdings Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on RCAT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of RCAT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Glenn Mattson Ladenburg Thalmann | Buy | $4 | Initiates | Jun 14, 2024 |
When did it IPO
N/A
Staff Count
89
Country
United States
Sector/Industry
Technology/Computer Hardware
CEO
Mr. Jeffrey M. Thompson
Market Cap
$212.6M
In 2023, RCAT generated $4.6M in revenue, which was a decrease of -28.12% from the previous year. This can be seen as a signal that RCAT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
No news data available.