Added to YB: 2024-11-18
Pitch date: 2024-11-18
RCAT [bullish]
Red Cat Holdings, Inc.
+133.2%
current return
Author Info
Multibagger Monitor focuses on event-driven, reflexive, and microcap situations with the potential to appreciate rapidly in <2 years. Sign up for the newsletter.
Company Info
Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States.
Market Cap
$1.8B
Pitch Price
$4.97
Price Target
9.00 (-29%)
Dividend
N/A
EV/EBITDA
-26.59
P/E
-20.80
EV/Sales
41.39
Sector
Aerospace and Defense
Category
special_situation
Red Cat Holdings (RCAT): Positioned for Potential $300M+ Army Contract Win Amid Strategic Risks and Opportunities
RCAT: SRR T2 win likely Tues. Insider intel, Skydio's flat valuation & supply issues, Army official's hints, & 'Town Hall' timing support. Est. $300-400M NPV, $7-9 PT. Risks: program size uncertainty, multiple winners, Skydio's capacity. $10-20M raise needed pre-SRR revenue.
Read full article (4 min)