What is Northland Capmk’s Forecast for Red Cat Q2 Earnings?

Red Cat Holdings, Inc. (NASDAQ:RCAT) – Analysts at Northland Capmk dropped their Q2 2026 earnings per share (EPS) estimates for Red Cat in a report issued on Thursday, August 14th. Northland Capmk analyst M. Latimore now expects that the company will post earnings per share of $0.00 for the quarter, down from their previous forecast of $0.01. The consensus estimate for Red Cat’s current full-year earnings is ($0.50) per share. Northland Capmk also issued estimates for Red Cat’s Q3 2026 earnings at $0.02 EPS and FY2026 earnings at $0.06 EPS.

Several other equities research analysts have also recently issued reports on RCAT. Wall Street Zen raised Red Cat from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Northland Securities set a $16.00 target price on Red Cat in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and an average target price of $16.00.

Red Cat Stock Down 2.0%

RCAT stock opened at $9.01 on Monday. The business has a fifty day moving average of $8.54 and a two-hundred day moving average of $7.27. The stock has a market cap of $898.84 million, a price-to-earnings ratio of -16.69 and a beta of 1.44. Red Cat has a 52-week low of $2.31 and a 52-week high of $15.27.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RCAT. California State Teachers Retirement System purchased a new position in Red Cat in the second quarter valued at $34,000. Caitong International Asset Management Co. Ltd boosted its holdings in Red Cat by 28,681.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 6,044 shares of the company’s stock valued at $44,000 after purchasing an additional 6,023 shares during the period. Bank of America Corp DE boosted its holdings in Red Cat by 407.0% in the fourth quarter. Bank of America Corp DE now owns 3,397 shares of the company’s stock valued at $44,000 after purchasing an additional 2,727 shares during the period. BNP Paribas Financial Markets boosted its holdings in Red Cat by 1,537.2% in the second quarter. BNP Paribas Financial Markets now owns 7,220 shares of the company’s stock valued at $53,000 after purchasing an additional 6,779 shares during the period. Finally, SBI Securities Co. Ltd. boosted its holdings in Red Cat by 104.4% in the first quarter. SBI Securities Co. Ltd. now owns 9,467 shares of the company’s stock valued at $56,000 after purchasing an additional 4,835 shares during the period. 37.97% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Joseph David Freedman sold 150,000 shares of Red Cat stock in a transaction on Monday, June 30th. The stock was sold at an average price of $7.37, for a total value of $1,105,500.00. Following the completion of the transaction, the director directly owned 165,260 shares in the company, valued at approximately $1,217,966.20. This trade represents a 47.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Nicholas Reyland Liuzza, Jr. sold 100,000 shares of Red Cat stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $8.58, for a total value of $858,000.00. Following the completion of the transaction, the director owned 387,445 shares of the company’s stock, valued at approximately $3,324,278.10. This trade represents a 20.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 15.30% of the company’s stock.

About Red Cat

Red Cat Holdings, Inc engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment.