Red Cat Holdings (RCAT) Stock

Red Cat's post-earnings dip presents a buying opportunity, despite missing FQ2 revenue estimates and the CFO's departure. The company secured a major military contract and partnered with Palantir for AI software for drones, boosting 2025 revenue guidance to $80-$120 million. RCAT stock is trading at 8x 2025 sales estimates, but limited cash raises concerns, though new deals and potential government loans mitigate funding risks.

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q2 2025 Earnings Conference Call December 16, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Geoffrey Hitchcock - Chief Revenue Officer Jeff Thompson Leah, do you have a copy of the disclosure? Leah Lunger Yeah, I was just going to say, why don't I get our opening remarks going firsthand here?

SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal second quarter ended October 31, 2024 and provides a corporate update.

Drone stocks rallied Monday after a flurry of sightings across the northeast in recent days renewed attention toward the sector.

SAN JUAN, Puerto Rico, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc . (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial operations, today announced several leadership updates to align its executive team with the company's top priorities for scaling operations, manufacturing and meeting the needs of a fast-growing portfolio of customers.

SAN JUAN, Puerto Rico, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial operations, today announced the promotion of Geoffrey Hitchcock to Chief Revenue Officer (CRO). Hitchcock previously served as the General Manager for Teal Drones (a Red Cat subsidiary), where he was responsible for building a global sales organization for its hardware and software solutions.

Red Cat's next generation Teal system will be the Army's Program of Record SRR sUAS, concluding the rigorous, multi-tranche competitive process Red Cat's next generation Teal system will be the Army's Program of Record SRR sUAS, concluding the rigorous, multi-tranche competitive process

Red Cat Holdings' biggest growth driver relies on landing the US Army's SRR T2 contract, which could increase revenue by up to $79 million in the next year. The company projects 2025 revenue between $50-$55 million even without the SRR T2 contract, which is a significant increase from the TTM revenue of $18.9 million. Since joining the Russell Microcap Index, RCAT's visibility has jumped, pushing its share price up over 100% as new institutional investors discovered the company.