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Added to YB: 2024-12-10

Pitch date: 2024-12-10

RCAT [bullish]

Red Cat Holdings, Inc.

+1.64%

current return

Author Info

No bio for this author

Company Info

Red Cat Holdings, Inc., together with its subsidiaries, provides products, services, and solutions to the drone industry in the United States.

Market Cap

$854.7M

Pitch Price

$7.91

Price Target

15.00 (+87%)

Dividend

N/A

EV/EBITDA

-11.51

P/E

-6.99

EV/Sales

90.10

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
What the $250M Contract Means for Red Cat Holdings

RCAT: Teal Drones wins $250M+ US Army SSR contract, beating 37 competitors. Rev to jump from $20M to $100M+. 100% US-made. 3 scenarios: flop ($2-3), acquisition ($13+), or growth ($40-100 in 3yrs). Fair value $15. Risks: fundraising, contract execution. 50% downside chance.

Read full article (7 min)