RCAT
RED CAT HOLDINGS (RCAT)
NASDAQ
$10.25-$0.38 (-3.57%)
Price as of Jun 23, 2026 6:36 PM EDT
  • $1.6B
    Market Cap
  • 48.05%
    1-Year Change
  • Aerospace & Defense
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 55
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Stock Market Today: S&P 500, Dow, Nasdaq Futures Jump As Trump Announces Deal With Iran—SpaceX, TSMC, Micron, Red Cat In Focus (UPDATED)

U.S. stock futures advanced on Monday with the S&P 500, Dow Jones, and Nasdaq 100 all rising. Markets are awaiting the Federal Reserve's interest rate decision on Wednesday under new chairman Kevin Warsh. Key gainers include Micron Technology (up 8.19% on analyst upgrade), Taiwan Semiconductor Manufacturing (up 3.77% on strong revenue growth), Tower Semiconductor (up 5.01% on supply deal), and SpaceX (up 5.90% following its IPO debut). President Trump announced a peace deal with Iran, causing crude oil futures to decline 5.2%.

06/15/2026, 8:45 AM • Benzinga

Why Red Cat Shares Are Trading Higher On Monday?

Red Cat Holdings (NASDAQ: RCAT) shares rose 4.83% in premarket trading on Monday following the unveiling of Hellcat, a new dual-use small unmanned aircraft system built on the Black Widow platform. The system features modular architecture designed to support various customer configurations and mission needs. The announcement coincides with Eurosatory 2026, a major defense industry event. Analysts maintain a Buy rating with an average price target of $21.25.

06/15/2026, 6:40 AM • Benzinga

Stock Market Today: S&P 500, Dow Futures Gain As Trump Announces Deal With Iran—SpaceX, Tower Semiconductor, Micron In Focus

U.S. stock futures advanced on Monday with the S&P 500, Dow Jones, and Nasdaq 100 all rising. Markets are awaiting the Federal Reserve's interest rate decision on Wednesday under new chairman Kevin Warsh. Key movers include SpaceX's strong IPO debut, Micron Technology surging 8.19% after a price target hike, Taiwan Semiconductor rising 3.77% on revenue growth, and Tower Semiconductor up 5.01% following a supply deal. President Trump announced a peace agreement with Iran, causing crude oil futures to decline 5.2%.

06/15/2026, 5:40 AM • Benzinga

Why Red Cat Stock Sank Today

Red Cat (RCAT) stock fell 6.9% on June 12, 2026, despite the broader market gaining ground. The decline was driven by geopolitical factors—news of a potential Iran war resolution that could dampen defense stocks—and portfolio reallocation as investors moved capital into SpaceX's highly successful IPO debut. No company-specific negative news affected Red Cat.

06/12/2026, 7:25 PM • The Motley Fool

Red Cat Holdings vs. Unusual Machines: Which Drone Stock Is a Better Buy Today?

The U.S. Pentagon's $1.1 billion Drone Dominance Program is creating opportunities for domestic drone manufacturers. Red Cat Holdings manufactures tactical unmanned aircraft systems for government and military customers, while Unusual Machines supplies drone components to manufacturers including Red Cat. Red Cat emerged as one of 12 finalists in Pentagon field trials for a potential $150 million contract, while Unusual Machines offers broader exposure to the drone industry expansion. Both companies are currently cash-burning operations projected to post net losses through 2028.

06/10/2026, 9:05 AM • The Motley Fool

UPDATE: Safe Pro Awarded U.S. Army Order For AI-Powered Threat Analysis Kit Together with Red Cat Black Widow Drones

Safe Pro Group Inc. (Nasdaq: SPAI) announced it received a U.S. Army order for a turnkey Threat Analysis Kit featuring its AI-powered NODE edge compute system integrated with Red Cat Holdings' Black Widow drones. The kit includes annual software upgrades and operational support, with delivery expected in Q2 2026. Safe Pro's SPOTD technology uses machine learning trained on 2.8 million drone images to detect explosive threats and objects of interest.

06/02/2026, 9:00 AM • GlobeNewswire

3 Drone Stocks to Watch as the Sector Surges on Trump-Era Funding Hopes

The US drone sector is experiencing renewed momentum as the Trump administration considers direct financial support for domestic drone makers. Three standout companies—Kratos Defense, Ondas Holdings, and Red Cat Holdings—are positioned to benefit from increased government contracts and defense spending, with analysts projecting significant upside potential ranging from 50-73%.

05/29/2026, 1:19 PM • Investing

3 Drone Stocks to Watch as the Sector Surges on Trump-Era Funding Hopes

The US drone sector is experiencing renewed momentum as the Trump administration considers direct financial support for domestic drone makers. Three standout companies—Kratos Defense, Ondas Holdings, and Red Cat Holdings—are positioned to benefit from increased government contracts and defense spending priorities, with analysts projecting significant upside potential ranging from 50-73%.

05/29/2026, 10:25 AM • Investing

Blue Ops Ramps into Full-Rate Production of U.S.-Built Variant 7, Advancing Red Cat’s Autonomy Stack Across Air, Land and Sea

Red Cat Holdings announced that its maritime division Blue Ops is ramping into full-rate production of the Variant 7 (V7) uncrewed surface vessel, a U.S.-designed and manufactured maritime autonomy platform. The V7 features domestically-sourced components and integrates with Red Cat's autonomy stack. The production launch is supported by Red Cat's acquisition of Apium Swarm Robotics for distributed control systems, expanding the company's multi-domain autonomous capabilities across air, land, and sea.

05/28/2026, 11:00 AM • GlobeNewswire

Trump's Drone Dominance Play: US Government May Soon Own Stakes In These Stocks

The Trump administration is in active talks to take equity stakes in domestic drone manufacturers through the Pentagon's Office of Strategic Capital. This follows the June 2025 'Drone Dominance' executive order and FY2027 defense budget allocating tens of billions for drone production, targeting 300,000 low-cost attack drones by 2027. The $1 billion Drone Dominance Program is actively running with 49 companies competing in Phase II qualifying events.

05/28/2026, 10:57 AM • Benzinga

Drones-Led Disruption Accelerates as Commercial Adoption Surges Across Industrial Markets

The Drone-as-a-Service (DaaS) market is experiencing rapid growth across industrial sectors including construction, agriculture, energy, and infrastructure inspection. The global DaaS market is estimated at $6-8 billion in the mid-2020s and projected to reach $25+ billion within a decade. Key developments include ZenaTech's acquisition of an Alberta-based surveying company for oil and gas services, Draganfly's counter-drone system contract with Army Research Laboratory, Quantum Cyber's autonomous ground vehicle patent filing, Red Cat's acquisition of wireless power technology company Quaze, and Safe Pro's AI threat detection collaboration with Lantronix.

05/21/2026, 9:30 AM • Benzinga

Why Red Cat Stock Popped Today

Red Cat Holdings acquired Quaze, a Quebec-based wireless power transfer technology developer for drones and autonomous systems, in an all-stock deal worth approximately $26 million. The acquisition could enable Red Cat to wirelessly charge military drones in remote locations. However, the company did not disclose Quaze's revenue or profitability details, leaving uncertainty about the deal's financial viability.

05/20/2026, 10:03 AM • The Motley Fool

Red Cat Closes Acquisition of Quaze Technologies

Red Cat Holdings (NASDAQ: RCAT) has completed its acquisition of Quaze Technologies, a Quebec-based developer of wireless power transfer technology for unmanned systems. The acquisition addresses a critical barrier to robotic autonomy by enabling autonomous recharging without manual battery swaps or precise connector alignment. Quaze's QU6 architecture allows wireless charging across various platforms including drones, ground systems, and uncrewed surface vessels, expanding Red Cat's all-domain capabilities and creating new revenue opportunities through third-party OEM integration.

05/20/2026, 6:28 AM • Benzinga

Why Red Cat Stock Dropped Today

Red Cat Holdings stock fell 4.9% on Tuesday despite positive news. The company announced a collaboration with Safe Pro Group to equip its Black Widow drones with AI threat detection capabilities for identifying landmines and unexploded ordnance. The drones will be demonstrated in U.S. Army exercises. The stock decline appears unrelated to fundamentals, suggesting it may be temporary. The technology could open significant market opportunities in post-conflict mine clearance, particularly given extensive contamination in Ukraine and other conflict zones.

05/19/2026, 12:07 PM • The Motley Fool

Stock Market Today: Dow Jones Futures Fall, Nasdaq Gains As Trump Takes Big Tech Leaders To China— Nvidia, Nextpower, Red Cat In Focus (UPDATED)

U.S. stock futures showed mixed performance on Wednesday with Dow Jones futures falling while S&P 500 and Nasdaq 100 rose. President Trump visited China with major tech leaders including Nvidia's Jensen Huang, Tesla's Elon Musk, and Apple's Tim Cook. Key movers included Nextpower surging on strong earnings, MaxCyte jumping on better-than-expected results, and Red Cat Holdings plunging after a public offering announcement. The 10-year Treasury yield stood at 4.46%, with markets pricing a 97.6% likelihood of unchanged Fed rates in June.

05/13/2026, 8:52 AM • Benzinga

Peers

Statistics

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Day Range
$10.47
$11.32
$10.63
1-Year Range
$6.14
$17.36
$10.63
Latest Close$10.63
Change
-$0.81 (-7.62%)
Volume9,382,642
Market Cap$1.6B
Shares Outstanding152.2M
P/E (TTM)-15.16
Diluted EPS (TTM)-$0.70
Enterprise Value$1.5B

Information as of 06/22/2026

Company Profile

RED CAT HOLDINGS INC
RED CAT HOLDINGS INC
https://redcat.red
$1.6B
Market Cap
-$75.5M
Net Income
Sector: Industrials
Industry: Aerospace & Defense
2800 South West Temple, South Salt Lake, UT, United States, 84115
800 466 9152

Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States. The company designs and manufactures small and tactical unmanned aircraft systems (UAS), such as BLACK WIDOW, a short-range reconnaissance war fighter with selectable integrated AI software capabilities; TEAL 2, a blue UAS product of defense used by combat soldiers, police officers, firefighters, wildlife managers, and industrial inspectors; and FANG, a first-person view small UAS. It also develops and produces long-endurance, vertical takeoff, and landing fixed-wing unmanned aircraft systems designed for extended-range intelligence, surveillance, and reconnaissance missions, such as THE EDGE 130. In addition, the company develops BLUE OPS, a battle-tested uncrewed surface vessel weapons system. Further, it provides FANG FPV DRONE, part of ARACHNID family of unmanned intelligence. Red Cat Holdings, Inc. is based in South Salt Lake, Utah.

Key Executives

  • Jeffrey Thompson
  • Christian Koji Ericson
  • Geoffrey Hitchcock
  • Stan Nowak
  • Sam Pelletier

Current Ownership Distribution

  • Institutions334.0M (43.50%)
  • Insiders319.1M (41.56%)
  • Mutual Funds114.6M (14.93%)
  • Other0 (0.00%)