US macro
Take
Saturday, August 22, 2026
Red Cat is the Army’s SRR program-of-record name with 16% gross margin and 95% implied vol. Q2 $20.2M, +527%. FY $150–180M is an H2 story. Spot $9.62 is −49% from $18.78 and $6 under a thin $16 mean. Trade the $10 pin and the next award, not a 40× sales multiple.
Last cash session Friday Aug 21 · close $9.62 · +$0.09
Price
RCAT
6M -15.61%
Snapshot
POR name, prototype margins
Market cap
$1.5B
vs 52-week
-48.78%
Q2 revenue
$20.2M
+527%
Gross margin
16.1%
FY target
$150–180M
TTM earnings
−$97M
SRR
POR
IV30
95%
Street
4 analysts
$16
Mean target · +66.32% vs spot
High $20 · Low $12 · Median $16
3
Buy
1
Hold
0
Sell
Buy
tilt
Next
Aug 28 expiry
2026-08-28
$10 straddle. Close through 10 with volume is a squeeze. Close under 9 is the 7-put talking.
News
RCAT headlines
No headlines cleared the filter.
Street
Analyst actions
| Date | Firm | Action | Target |
|---|---|---|---|
| 08-07 | Needham | Buy, PT reiterated | $18 |
| 08-07 | Lake Street | Buy | $16 |
| 08-06 | Alliance Global | Buy | $20 |
| 07-15 | Roth | Neutral | $12 |
Quotes delayed. Options from Cboe delayed chain. Not investment advice, not a solicitation, and not affiliated with Red Cat Holdings, Inc..