Added to YB: 2024-11-18
Pitch date: 2024-11-18
RCAT [bullish]
Red Cat Holdings, Inc.
+73.24%
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
$4.97
Price Target
9.00 (+5%)
Dividend
N/A
EV/EBITDA
-11.51
P/E
-6.99
EV/Sales
90.10
Sector
Electronic Equipment, Instruments and Components
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)