Added to YB: 2026-07-02
Pitch date: 2026-06-29
RDW [bearish]
Redwire Corporation
+0.75%
current return
Author Info
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Company Info
Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally.
Market Cap
$2.4B
Pitch Price
$12.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
-14.73
P/E
-5.34
EV/Sales
6.70
Sector
Aerospace and Defense
Category
value
RDW: Selling Space Fantasies. Printing Shares.
RDW (short): Space/defense roll-up burning cash, funded entirely by dilution—shares +197% in 15mo to 199M, $1.1B ATM authorized since Nov'25. KPMG adverse opinion on controls; -$9.2M adj EBITDA, -$12.7M FCF Q1'26; $698M deficit, $776M untested goodwill. AEI sponsor exiting at 4-5x. Jefferies cut to Hold. 4.6x rev, no fundamental value.
Read full article (15 min)