Added to YB: 2025-08-19
Pitch date: 2025-08-17
RCAT [neutral]
Red Cat Holdings, Inc.
+56.78%
current return
Author Info
No bio for this author
Company Info
Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States.
Market Cap
$1.8B
Pitch Price
$8.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
-26.59
P/E
-20.80
EV/Sales
41.39
Sector
Aerospace and Defense
Category
turnaround
Analysis of the Red Cat Holdings (RCAT) Short Report
RCAT (overview): High-risk defense drone co winning US Army SRR contract (690 units LRIP, not exclusive). Executing production pivot w/$66.9M cash but significant talent exodus including CTO. AS9100 certified, partnering w/ESAero. Competing w/Skydio who already delivered. USV diversification may distract from core production challenges. $15M Lind financing has 'death spiral' terms. 12-18 month execution critical.
Read full article (18 min)