Red Cat Holdings Inc (RCAT) Stock Forecast & Price Target
Red Cat Holdings Inc · NASDAQ
$7.79+0.15 (+2.03%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering Red Cat Holdings Inc, 4 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $20.00 to $25.00, so the covering firms are broadly aligned. The average target of $21.67 sits 178% above the current $7.79. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 2 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.14 next quarter toward $-0.36 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Buy
Strong Buy00%
Buy4100%
Hold00%
Sell00%
Strong Sell00%
Based on 4 analysts giving stock ratings to Red Cat Holdings Inc.
As of Jul, 4 of 4 firms rate RCAT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RCAT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.14
Range $-0.14 – $-0.14 · 1 analysts
Next period, 1 analysts expect Red Cat Holdings Inc to earn $-0.14 a share (range $-0.14 – $-0.14), versus — a year earlier. Full-year consensus is $-0.43, growing to $-0.36 the year after.
REVENUE · NEXT QUARTER
$52.2M
Range $45.5M – $67.5M · 1 analysts · +441% YoY
Revenue is expected to reach $52.2M (range $45.5M – $67.5M), +441.0% year-over-year. Full-year consensus is $155.1M, rising to $221.1M next year.
Top analysts covering Red Cat Holdings Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RCAT.
#1
Michael Latimore
Northland Capital Markets · Rank #180
Buy
$22.00+182.2% to target
Overall win rate
37%
+ Follow
#2
Craig Irwin
Roth MKM · Rank #331
Buy
$25.00+220.7% to target
Overall win rate
26%
+ Follow
#3
Amit Dayal
HC Wainwright & Co. · Rank #332
Buy
$20.00+156.6% to target
Overall win rate
25%
+ Follow
#4
AB
Austin Bohlig
Needham
Buy
$20.00+156.6% to target
Coverage
—
+ Follow
#5
BD
Brian Dobson
Clear Street
Buy
$22.00+182.2% to target
Coverage
—
+ Follow
RCAT stock forecast FAQ
What is RCAT's average 12-month price target?+
The 3 analysts with a live target average $21.67 for Red Cat Holdings Inc over the next 12 months, ranging from a $25.00 high to a $20.00 low.
Is RCAT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 4 analyst ratings, 4 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RCAT?+
The Street-high target is $25.00 (Roth Capital), and the Street-low is $20.00 (HC Wainwright & Co.). The average of all 3 active targets is $21.67.
How many Wall Street analysts cover RCAT?+
4 analysts have an active rating on Red Cat Holdings Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering RCAT?+
Among analysts who currently cover RCAT, Michael Latimore of Northland Capital Markets has the strongest overall Quantellect track record (Rank #180). Their current call is Buy with a $22.00 target.
What is Red Cat Holdings Inc's projected EPS for next quarter?+
The consensus estimate is $-0.14 per share (range $-0.14 – $-0.14) across 1 analysts. Full-year EPS is projected at $-0.43, rising to $-0.36 the following year.
How much revenue is Red Cat Holdings Inc expected to report next quarter?+
Consensus revenue is $52.2M (range $45.5M – $67.5M). Full-year revenue is projected at $155.1M, growing to $221.1M next year.
Have analysts been upgrading or downgrading RCAT lately?+
As of Jul, 4 of 4 firms rate RCAT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RCAT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
