Professional
Added to YB: 2025-01-17
Pitch date: 2025-01-17
RCAT [bearish]
Red Cat Holdings, Inc.
+6.07%
current return
Author Info
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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
$8.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
-11.51
P/E
-6.99
EV/Sales
90.10
Sector
Electronic Equipment, Instruments and Components
Category
value
Red Cat Holdings, Inc. (RCAT) - Flying Blind
RCAT short: SRR contract smaller than claimed (~$25M/yr vs $80M). No mass production capability despite years of promises. Other military/govt sales opportunities overstated. 2025 guidance of $50-55M ex-SRR unrealistic. Insiders selling post-SRR win. History of missed targets & exaggerated claims.
Read full article (45 min)