Added to YB: 2025-08-21
Pitch date: 2025-08-19
RCAT [bearish]
Red Cat Holdings, Inc.
-47.47%
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
$1.4B
Pitch Price
$8.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
-20.13
P/E
-11.10
EV/Sales
157.61
Sector
Aerospace and Defense
Category
N/A
Red Cat Holdings (RCAT-US)
RCAT short: $900M drone stock pump based on overhyped Army contract worth max $63M (not $1.1B CEO claims). CTO resigned 13 days post-contract, CFO departed, insiders dumped $26M since Dec. CEO has ties to stock promoters & fraudsters. FY25 guidance ($80-120M) impossible with unbuilt manufacturing facilities. Catalyst: promised delivery failure.
Read full article (10 min)