RCAT

Red Cat Holdings, Inc.

Nasdaq · Services-Prepackaged Software · CIK 0000748268
$11.18 -6.91% $1.4B
High Impact Filing (7/10)27 New Institutional Positions6 Institutional Exits
Vol
Market Cap$1.4B
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (91%)
Inst. Holders50 funds
Inst. Value$703.4M
Inst. Activity27 buys / 6 sells
Reddit Sentiment49° Neutral
SEC Reports8
Press Releases10
Exchange Nasdaq·Sector Services-Prepackaged Software·CIK 0000748268·Prev Close $12.01

Recent Activity

Jun 12, 2026 short_volume
Short Volume: RCAT — 64.8% short (3.1M / 4.8M)
Short: 3,086,249 | Exempt: 24,235 | TRF Vol: 4,763,360 | Short Ratio: 64.8% | Off-exchange volume (d
Jun 11, 2026 SEC
Four mega-passive institutional funds (Vanguard, BlackRock, State Street, Fidelity) added $76.9M in aggregate to their R
INST-CLUSTER — Impact 4/10
May 20, 2026 SEC
Red Cat closed its acquisition of Quaze Technologies, a wireless power transfer developer for drones and robotics, for ~
8-K — Impact 7/10
May 14, 2026 SEC
Red Cat Holdings priced a $225M underwritten public offering of 23,936,171 shares at $9.40/share, with an underwriter op
8-K — Impact 7/10
Apr 30, 2026 Insider
Freedman Joseph David acquired via exercise 7,429 shares
Director
Apr 30, 2026 Insider
Moe Christopher R. acquired via exercise 7,429 shares
Director
Apr 30, 2026 Insider
Liuzza Nicholas Reyland JR acquired via exercise 7,429 shares
Director
Inst.
BlackRock, Inc. — ADD
11,676,984 shares ($152.9M)

Price Targets

$22.00 +96.8% upside Strong Buy
Current $11.18 Low $20.00 Median $21.00 High $25.00 6 analysts
$20.00 $25.00

Analyst Ratings

Strong Buy91% buy · 11 analysts
3Strong Buy
7Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 1, 2026 Roth Capital INITIATE Buy
May 27, 2026 HC Wainwright & Co. INITIATE Buy
Mar 19, 2026 Needham MAINTAIN Buy → Buy
Mar 3, 2026 Ladenburg Thalmann MAINTAIN Buy → Buy
Mar 2, 2026 Needham REITERATE Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.17 $-0.17 — $-0.17 -79% YoY 1
Next Q $-0.14 $-0.14 — $-0.14 1
Current FY $-0.43 ▼ -43.3% $-0.56 — $-0.30 39% YoY 2
Next FY $-0.36 $-0.36 — $-0.36 16% YoY 1

Top Institutional Holders

FundValueMove
BlackRock, Inc.$152.9MADD
STATE STREET CORP$93.8MDOUBLED
VANGUARD CAPITAL MANAGEMENT LLC$59.3M
SUSQUEHANNA INTERNATIONAL GROUP, LLP$43.0M
Hood River Capital Management$39.7MNEW

Recent Insider Trades

DateInsiderTypeValue
Apr 30, 2026Freedman JosephM$0.00
Apr 30, 2026Moe ChristopherM$0.00
Apr 30, 2026Liuzza NicholasM$0.00
Apr 30, 2026Funk PaulM$0.00
Apr 6, 2026Thompson JeffreyA$0.00

Reddit Sentiment

49°
Neutral
Bearish Neutral Bullish
31 mentions 6 bullish 7 bearish
50 institutional holders with $703.4M total value (53,368,332 shares) as of 2026-Q1. Top holders: BlackRock,, STATE, VANGUARD. Net buying activity: 27 institutions added/increased vs 6 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.11,676,984$152.9M21.7%ADD +31.3%
2STATE STREET CORP7,162,907$93.8M13.3%DOUBLED +136.4%
3VANGUARD CAPITAL MANAGEMENT LLC4,532,608$59.3M8.4%
4SUSQUEHANNA INTERNATIONAL GROUP, LLP3,286,900$43.0M6.1%
5Hood River Capital Management LLC3,033,005$39.7M5.6%NEW
6CITADEL ADVISORS LLC2,217,500$29.0M4.1%
7SUSQUEHANNA INTERNATIONAL GROUP, LLP2,084,500$27.3M3.9%
8MORGAN STANLEY1,803,543$23.6M3.4%ADD +25.9%
9D. E. Shaw & Co., Inc.1,563,608$20.5M2.9%
10MARSHALL WACE, LLP1,541,470$20.2M2.9%NEW
11MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,507,323$19.7M2.8%ADD +42.2%
12RENAISSANCE TECHNOLOGIES LLC1,415,826$18.5M2.6%NEW
13VANGUARD PORTFOLIO MANAGEMENT LLC869,656$11.4M1.6%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC862,344$11.3M1.6%
15CITADEL ADVISORS LLC817,100$10.7M1.5%
16VANGUARD FIDUCIARY TRUST CO731,458$9.6M1.4%
17DRIEHAUS CAPITAL MANAGEMENT LLC590,663$7.7M1.1%
18Clear Street Group Inc.550,450$7.2M1.0%
19Marex Group plc541,039$7.1M1.0%
20BALYASNY ASSET MANAGEMENT L.P.452,394$5.9M0.8%DOUBLED +1575.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BlackRock, Inc.ADD8,892,78311,676,984+31.3%$152.9M2026-Q1
Hood River Capital Management LLCNEW3,033,005$39.7M2026-Q1
MORGAN STANLEYADD1,431,9531,803,543+25.9%$23.6M2026-Q1
MARSHALL WACE, LLPNEW1,541,470$20.2M2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.ADD1,060,1581,507,323+42.2%$19.7M2026-Q1
RENAISSANCE TECHNOLOGIES LLCNEW1,415,826$18.5M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.DOUBLED27,009452,394+1575.0%$5.9M2026-Q1
JANUS HENDERSON GROUP PLCDOUBLED47,115392,808+733.7%$5.1M2026-Q1
Vident Advisory, LLCDOUBLED127,287380,760+199.1%$5.0M2026-Q1
GROUP ONE TRADING LLCDOUBLED129,531354,680+173.8%$4.6M2026-Q1
BANK OF AMERICA CORP /DE/ADD139,221203,366+46.1%$2.7M2026-Q1
&PARTNERSADD86,075125,854+46.2%$1.6M2026-Q1
Verition Fund Management LLCDOUBLED21,890100,885+360.9%$1.3M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD73,05396,863+32.6%$1.3M2026-Q1
Mariner, LLCTRIM165,85895,723-42.3%$1.3M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED12,07367,268+457.2%$880.5K2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THEADD30,83647,047+52.6%$615.8K2026-Q1
AMERIPRISE FINANCIAL INCNEAR_EXIT1,404,32938,513-97.3%$504.1K2026-Q1
Concurrent Investment Advisors, LLCDOUBLED13,93630,885+121.6%$404.3K2026-Q1
COMMONWEALTH EQUITY SERVICES, LLCADD21,00928,815+37.2%$377.2K2026-Q1
BANK OF MONTREAL /CAN/ADD15,00822,647+50.9%$296.4K2026-Q1
Equitable Holdings, Inc.ADD24,05031,080+29.2%$258.1K2026-Q1
FMR LLCDOUBLED5,80916,584+185.5%$217.1K2026-Q1
CAPTRUST FINANCIAL ADVISORSNEAR_EXIT1,193,85214,244-98.8%$186.4K2026-Q1
Rockefeller Capital Management L.P.ADD8,52113,658+60.3%$178.8K2026-Q1
8 unique insiders with 26 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 30, 2026Freedman Joseph DavidDirectorEXERCISE7,429
Apr 30, 2026Moe Christopher R.DirectorEXERCISE7,429
Apr 30, 2026Liuzza Nicholas Reyland JRDirectorEXERCISE7,429
Apr 30, 2026Funk Paul IIDirectorEXERCISE7,429
Apr 6, 2026Thompson Jeffrey MChairman of the Board, CEOAWARD21,182
Apr 6, 2026Thompson Jeffrey MChairman of the Board, CEOAWARD1,040,000
Apr 6, 2026Thompson Jeffrey MChairman of the Board, CEOTAX W/H1,570$13.06$20.5K
Apr 6, 2026Thompson Jeffrey MChairman of the Board, CEOEXERCISE5,295
Mar 31, 2026Ericson ChristianChief Operating OfficerEXERCISE4,073
Mar 31, 2026Ericson ChristianChief Operating OfficerTAX W/H1,176$13.09$15.4K
Mar 31, 2026Ericson ChristianChief Operating OfficerAWARD16,294
Mar 31, 2026Morrison Christian SpenstChief Financial OfficerAWARD1,688
Mar 31, 2026Morrison Christian SpenstChief Financial OfficerEXERCISE422
Mar 31, 2026Morrison Christian SpenstChief Financial OfficerTAX W/H145$13.09$1.9K
Mar 31, 2026Hitchcock Geoffrey WayneChief Revenue OfficerEXERCISE2,175
Mar 31, 2026Hitchcock Geoffrey WayneChief Revenue OfficerAWARD8,701
Mar 31, 2026Hitchcock Geoffrey WayneChief Revenue OfficerTAX W/H645$13.09$8.4K
Mar 17, 2026Ericson ChristianChief Operating OfficerEXERCISE12,500
Mar 17, 2026Ericson ChristianChief Operating OfficerTAX W/H3,607$15.54$56.1K
Mar 11, 2026Ericson ChristianChief Operating OfficerEXERCISE25,000
Mar 11, 2026Ericson ChristianChief Operating OfficerTAX W/H7,870$14.67$115.5K
May 22, 2025Thompson Jeffrey MChairman of the Board, CEOAWARD1,000,000
May 22, 2025Freedman Joseph DavidDirectorAWARD7,429
May 22, 2025Moe Christopher R.DirectorAWARD7,429
May 22, 2025Liuzza Nicholas Reyland JRDirectorAWARD7,429
May 22, 2025Funk Paul IIDirectorAWARD7,429
Current analyst consensus: Strong Buy (91% buy). Based on 11 analysts: 3 strong buy, 7 buy, 1 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$22.00 mean target +96.8% upside Strong Buy (1.17)
$20.00 Low $25.00 High
MetricValue
Current Price$11.18
Target Low$20.00
Target Mean$22.00
Target Median$21.00
Target High$25.00
# Analysts6
RecommendationStrong Buy (1.17)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.17 $-0.17 $-0.17 -79.3% 1↑ 0↓ $0.0B 601.7% 1
Next Q
2026-09-30
$-0.14 $-0.14 $-0.14 0↑ 1↓ $0.1B 441.0% 1
Current FY
2026-12-31
$-0.43 $-0.56 $-0.30 38.8% -43.3% $0.2B 280.7% 2
Next FY
2027-12-31
$-0.36 $-0.36 $-0.36 16.3% $0.2B 42.6% 1

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.170
7d ago$0.000-0.170
30d ago$0.000-0.170
60d ago$0.000-0.170
90d ago$0.000-0.170
4 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 1, 2026 Roth Capital INITIATE Buy
May 27, 2026 HC Wainwright & Co. INITIATE Buy
Mar 19, 2026 Needham MAINTAIN Buy Buy
Mar 3, 2026 Ladenburg Thalmann MAINTAIN Buy Buy
Mar 2, 2026 Needham REITERATE Buy Buy
Jan 13, 2026 Needham MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20263710091%
May 1, 20263710091%
Apr 1, 20263610090%
Mar 1, 20263610090%
Feb 1, 20263610090%
Jan 1, 20263610090%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

49°
Neutral
Bearish Neutral Bullish
31 mentions 6 bullish 7 bearish 29 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Jun 11, 2026160° Warm101
Jun 11, 2026160° Warm101
Jun 10, 2026144° Neutral001
Jun 5, 2026140° Cool011
Jun 5, 2026140° Cool011
Jun 1, 2026150° Neutral001
Jun 1, 2026150° Neutral001
May 29, 2026150° Neutral001
May 29, 2026150° Neutral001
May 29, 2026150° Neutral001
May 29, 2026150° Neutral001
May 28, 2026156° Neutral001
May 28, 2026267° Warm202
May 28, 2026156° Neutral001
May 28, 2026140° Cool011
May 20, 2026150° Neutral001
May 20, 2026150° Neutral001
May 19, 2026160° Warm101
May 19, 2026160° Warm101
May 2, 2026140° Cool011
May 2, 2026140° Cool011
Apr 9, 2026250° Neutral002
Apr 9, 2026150° Neutral001
Apr 5, 2026150° Neutral001
Apr 5, 2026150° Neutral001
Mar 7, 2026144° Neutral001
Mar 7, 2026144° Neutral001
Mar 7, 2026140° Cool011
Mar 7, 2026140° Cool011

Recent Reddit Threads

r/wallstreetbets Bullish 1d 14h ago
Like I Said… Defensive Drones is the play
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 3d 5h ago
I think RCAT is in a short position
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bearish 8d ago
Fuck everyone. 4.5 years to get to a million without options and I’m done!
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 11d 19h ago
$RCAT is the big boy for Drones
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 14d 20h ago
Pre market for RCAT seems low tho
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 15d 1h ago
How RCAT gonna move today
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 15d 16h ago
Watching RCAT like
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bullish 15d 17h ago
$RCAT gains. Holding till the stock hits $30!
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Bullish 15d 17h ago
AVAV, KTOS, RCAT ALL RUNNING TODAY🚀🚀🚀
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Bullish 17d 18h ago
Red Cat Holdings (RCAT) to the moon ^^^
▲ 1 💬 0 ⚡ 0.5
r/investing Bullish 24d 14h ago
Market Finally Feels Alive Again
▲ 1 💬 0 ⚡ 0.5
r/pennystocks Neutral 2mo ago
How did you find great stocks early and have the conviction to bet big on them?
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Neutral 2mo ago
How did you find great stocks early and have the conviction to bet big on them?
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 2mo ago
Some stocks walk… others fly. RCAT? Yeah… this one hunts.
▲ 1 💬 0 ⚡ 0.5
r/options Neutral 3mo ago
Unusual option flow $RCAT
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bearish 3mo ago
Why is no one here talking about drones?
▲ 1 💬 1 ⚡ 0.5
Jun 12, 2026
short_volume
Short Volume: RCAT — 64.8% short (3.1M / 4.8M)
Short: 3,086,249 | Exempt: 24,235 | TRF Vol: 4,763,360 | Short Ratio: 64.8% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: RCAT — 55.5% short (3.0M / 5.4M)
Short: 2,995,378 | Exempt: 12,740 | TRF Vol: 5,400,562 | Short Ratio: 55.5% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: RCAT — 62.3% short (2.3M / 3.7M)
Short: 2,306,329 | Exempt: 199,683 | TRF Vol: 3,701,688 | Short Ratio: 62.3% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: RCAT — 58.0% short (3.6M / 6.2M)
Short: 3,605,717 | Exempt: 184,584 | TRF Vol: 6,219,751 | Short Ratio: 58.0% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: RCAT — 59.4% short (3.0M / 5.1M)
Short: 3,018,400 | Exempt: 336,994 | TRF Vol: 5,078,820 | Short Ratio: 59.4% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: RCAT — 58.8% short (4.4M / 7.4M)
Short: 4,372,904 | Exempt: 222,800 | TRF Vol: 7,440,355 | Short Ratio: 58.8% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: RCAT — 55.3% short (6.2M / 11.2M)
Short: 6,182,434 | Exempt: 29,066 | TRF Vol: 11,188,736 | Short Ratio: 55.3% | Off-exchange volume (dark pool + OTC)
May 28, 2026
other
Blue Ops Ramps into Full-Rate Production of U.S.-Built Variant 7, Advancing Red Cat’s Autonomy Stack Across Air, Land and Sea
<p>SALT LAKE CITY, May 28, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=D28b09-MxSLf3m5TPAzPL7C3gY66uETXSIFVm1z3JnFs
May 27, 2026
short_volume
Short Volume: RCAT — 56.5% short (4.1M / 7.2M)
Short: 4,082,611 | Exempt: 57,646 | TRF Vol: 7,224,865 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: RCAT — 56.1% short (2.6M / 4.7M)
Short: 2,614,883 | Exempt: 14,673 | TRF Vol: 4,664,146 | Short Ratio: 56.1% | Off-exchange volume (dark pool + OTC)
May 21, 2026
contract
CORRECTION: Red Cat Holdings, Inc.
<p>SALT LAKE CITY, May 21, 2026 (GLOBE NEWSWIRE) -- In a release issued on April 30, 2026 at 06:28 ET by Red Cat Holdings, Inc. (Nasdaq: RCAT), the
May 21, 2026
short_volume
Short Volume: RCAT — 61.3% short (1.6M / 2.7M)
Short: 1,648,275 | Exempt: 2,970 | TRF Vol: 2,690,599 | Short Ratio: 61.3% | Off-exchange volume (dark pool + OTC)
May 20, 2026
m_and_a
Red Cat Closes Acquisition of Quaze Technologies
Acquisition adds wireless power capability to Red Cat’s all-domain systems, removing a critical bottleneck to persistent autonomous operations across
May 20, 2026
short_volume
Short Volume: RCAT — 56.0% short (1.8M / 3.2M)
Short: 1,808,883 | Exempt: 14,142 | TRF Vol: 3,231,847 | Short Ratio: 56.0% | Off-exchange volume (dark pool + OTC)
May 14, 2026
contract
Kymeta Joins Red Cat Futures Initiative to Advance Resilient Connectivity for Autonomous Maritime Operations
<p align="center"><img alt="Variant 7" height="400" src="https://ml.globenewswire.com/Resource/Download/df7d129d-599b-4ccb-9537-dd8708cd7ab6/variant-7