Daily
AI Infrastructure Daily: everything that happened across chips, memory, power, data centers and financing in a 3-minute read, every weekday. Free. Read today's →
NVDA$216.0+2.38%TSM$427.1+2.06%SK hynix₩1,275,000−0.16%Samsung Electronics₩213,000−1.16%MU$911.8+3.91%ASML$1,599.8+1.78%AVGO$330.6+2.76%LITE$834.8+10.40%COHR$224.3+7.18%ANET$178.9+3.81%GEV$858.4+5.32%ETN$374.6+2.31%VRT$200.1+2.98%CEG$253.7+0.12%VST$142.8+1.90%PWR$566.3+3.64%HD Hyundai Electric₩447,000−4.89%MP$37.91−1.03%FCX$65.21+0.04%CCJ$79.25+0.83%MSFT$530.4+1.12%META$638.8−0.60%CRWD$260.3+1.04%SMH$543.4+3.07%SPY$765.5+0.73%
NASDAQ · US · Aerospace & Defense

RCAT Red Cat Holdings

US-made small drones

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$4.46
+0.56% today
1W
−4.8%
1M
−33.1%
3M
−40.2%
YTD
−43.8%
1Y
−60.0%
Off 52w high
−74.3%
Next earnings (est.): 2026-11-05
Market cap$677M
P/E (trailing)—Forward -10.1
EV / sales5.0×EV/EBITDA -3.4×
Revenue (TTM)$71.54MGrowth 527.2% y/y
Margins9.8%gross · op -191.4%
Free cash flow-$117MCash $326M · debt $14.87M
Analyst target$16.71+275.1% upside · 7 analysts · strong buy
Riskβ 1.51Short 25.8% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

RCAT · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-06EarningsMiss / cut

    Reported EPS -0.23 vs -0.17 expected (-34.9% surprise).

  2. 7
    2026-05-07EarningsMiss / cut

    Reported EPS -0.22 vs -0.12 expected (-88.6% surprise).

  3. 6
    2026-03-18EarningsMiss / cut

    Reported EPS -0.17 vs -0.15 expected (-13.3% surprise).

  4. 5
    2025-11-13EarningsMiss / cut

    Reported EPS -0.16 vs -0.1 expected (-60.0% surprise).

  5. 4
    2025-08-14EarningsBeat / raise

    Reported EPS -0.09 vs -0.11 expected (+17.6% surprise).

  6. 3
    2025-05-14EarningsMiss / cut

    Reported EPS -0.27 vs -0.1 expected (-170.0% surprise).

  7. 2
    2024-08-08EarningsMiss / cut

    Reported EPS -0.09 vs -0.07 expected (-21.6% surprise).

  8. 1
    2024-03-18EarningsMiss / cut

    Reported EPS -0.1 vs -0.04 expected (-150.0% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-06-0.17-0.23−34.9%
2026-05-07-0.12-0.22−88.6%
2026-03-18-0.15-0.17−13.3%
2025-11-13-0.1-0.16−60.0%
2025-08-14-0.11-0.09+17.6%
2025-05-14-0.1-0.27−170.0%
2024-08-08-0.07-0.09−21.6%
2024-03-18-0.04-0.1−150.0%
2023-12-15-0.07-0.1−42.9%
2023-09-19-0.11-0.11—
2023-07-27-0.06-0.21−250.0%
2023-03-07-0.09-0.1−11.1%
2022-12-15-0.04-0.12−200.0%
2022-09-12-0.03-0.07−133.3%
2022-07-27-0.1-0.09+10.0%
2022-03-170.01-0.05−600.0%
2021-12-20-0.02-0.05−150.0%
2021-08-12-0.01-0.1−900.0%

About Red Cat Holdings

Website ↗

Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States. The company designs and manufactures small and tactical unmanned aircraft systems (UAS), such as BLACK WIDOW, a short-range reconnaissance war fighter with selectable integrated AI software capabilities; TEAL 2, a blue UAS product of defense used by combat soldiers, police officers, firefighters, wildlife managers, and industrial inspectors; and FANG, a first-person view small UAS. It also develops and produces long-endurance, vertical takeoff, and landing fixed-wing unmanned aircraft systems designed for extended-range intelligence, surveillance, and reconnaissance missions, such as THE EDGE 130. In addition, the company develops BLUE OPS, a battle-tested uncrewed surface vessel weapons system. Further, it provides…

244 employees · South Salt Lake, United States

Autonomous systems are now central to defence budgets. Motors, batteries and sensors with non-China supply chains are scarce.

Motors / cells→Airframe→Autonomy→Fleet

What would prove us wrong. Weakens if procurement budgets shift back toward legacy platforms.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
AVAV
AeroVironment
Small drones and loitering munitions $124.4+0.94%−18.2%−48.6%
KTOS
Kratos Defense
Unmanned combat aircraft and engines $40.12+3.72%−12.1%−47.1%
ESLT
Elbit Systems
Defence autonomy and electronics $773.6+5.20%+5.4%+34.4%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.