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CDRECadre Holdings, Inc.Buy Wait6.4·$34.14+0.71%
Buy WaitModerate Confidence
Investment thesis

An attractively valued aerospace-and-defense supplier with roughly 40% upside to analyst consensus and a strong earnings track record sits in a confirmed technical downtrend that currently blocks new entry; if the stock stabilizes and the moving-average structure recovers, the valuation and earnings fundamentals argue for a meaningful re-rating.

Thesis pillars

  • Material Valuation Upside GapStable
  • Earnings Beat ConsistencyStable
  • Confirmed Technical DowntrendImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Cadre Holdings, Inc. (CDRE) Stock Analysis

Recovery setup

Buy WaitGrowthModerate Confidence

Industrials · Aerospace & Defense

Wait for pullback to $31.02. At $34.14 the A.R:R is 1.4:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $31.02 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Leverage penalty (D/E 1.2): -0.5; Elevated risk factors.

Cadre Holdings, Inc. is a global manufacturer and distributor of safety equipment for law enforcement, first responder, military, and nuclear markets, including body armor, explosive ordnance disposal gear, duty gear, and nuclear-material handling and containment products. The... Read more

$34.14+21.0% A.UpsideScore 6.4/10#6 of 62 Aerospace & Defense
QualityF-score8 / 9FCF yield4.56%
IncomeYield1.17%Payout48.15%sustainable
Entry $31.02(Default 5pct Sticky)Stop $27.40Target $41.33(analyst − 13%)A.R:R 1.4:1
Analyst target$47.50+39.1%6 analysts
$41.33our TP
$34.14price
$47.50mean
$62

Wait for pullback to $31.02. At $34.14 the A.R:R is 1.4:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $31.02 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Leverage penalty (D/E 1.2): -0.5; Elevated risk factors. Chart setup: Death cross but MACD improving, RSI 56. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.4/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 81d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Cadre Holdings, Inc.

About Cadre Holdings, Inc.

Cadre Holdings manufactures and distributes safety equipment across four end markets — law enforcement, first responder, military, and nuclear — selling body armor, explosive ordnance disposal gear, duty holsters, and nuclear containment products to more than 23,000 customers in over 100 countries. No single customer exceeds 10% of revenue, and over 60% of Product segment sales are tied to mandated refresh cycles of five to ten years. The company carried $309.1 million of long-term debt at December 31, 2025.

Revenue splits across four customer channels — U.S. state and local agencies, international buyers in more than 100 countries, U.S. federal agencies (DoS, DoW, DoI, DoJ, DHS, DoE), and a direct-to-consumer Commercial channel — sold through longstanding third-party distributors, an owned distribution platform, and e-commerce. Body armor and duty gear revenue is driven by mandated replacement cycles and technical-standard upgrades, while nuclear safety products (Alpha Safety and the newly acquired Zircaloy businesses) serve environmental cleanup, national-security plutonium-pit production, and nuclear-plant decommissioning demand estimated at $3 billion to $6 billion in addressable market. Manufacturing relies on patented ballistic materials — SpectraShield from Honeywell, Kevlar from DuPont, Dyneema from DSM, and Twaron from Teijin — purchased directly from those manufacturers and through five independent weaving companies, with supply constrained at times by Defense Production Act rated-order prioritization. Cadre has completed 18 acquisitions to date, most recently Zircaloy (April 2025) and TYR Tactical (January 2026), the latter deriving approximately 66% of its revenue from customers outside the U.S.

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Cadre's ballistic-armor supply chain concentrates on a small set of patented, non-interchangeable materials rather than a diversified commodity input: SpectraShield, Kevlar, Dyneema, and Twaron each come from a single patent holder, and switching to an alternative material would require new research and development, recertification, and customer acceptance before it could be used in fielded body armor. That dependency is compounded by the U.S. government's authority to invoke the Defense Production Act, which has previously caused Cadre's material suppliers to prioritize government-rated orders ahead of Cadre's own orders, creating shortages the company has historically resolved only by qualifying substitute materials — a process it says is not guaranteed to succeed for future shortages.

See also: Industrials · Aerospace & Defense

From Cadre Holdings, Inc.'s most recent 10-K filing, extracted July 6, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-15
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Nov 3, 202681d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Positive news sentiment (+1.00)
Strong growth profile
Risks
Leverage penalty (D/E 1.2): -0.5
Elevated risk factors
Below 200-MA, MA slope -2.7%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)41.9
P/E (Fwd)20.2
Mkt Cap$1.5B
EV/EBITDA17.0
Profit Mgn5.3%
ROE10.6%
Rev Growth31.8%
Beta1.32
Dividend1.17%
Rating analysts12

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.17bullish
IV116%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.8
Support Resistance
3.5
52w Position
4.1
GatesA.R:R 1.4 < 1.5@spotDeath cross (50MA < 200MA)Momentum 6.2>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.60EARNINGS PROXIMITY 81d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
56 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $28.11Resistance $37.37

Price Targets

$27
$31
$41
A.Upside+21.0%
A.R:R1.4:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=+2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! asymmetry at 1.4 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-03 (81d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CDRE stock a buy right now?

Wait for pullback to $31.02. At $34.14 the A.R:R is 1.4:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $31.02 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Leverage penalty (D/E 1.2): -0.5; Elevated risk factors. Chart setup: Death cross but MACD improving, RSI 56. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $41.33 (+21.1%), stop $27.40 (−24.6%), A.R:R 1.4:1. Score 6.4/10, moderate confidence.

What is the CDRE stock price target?

Take-profit target: $41.33 (+21.0% upside). Target $41.33 (+21.1%), stop $27.40 (−24.6%), A.R:R 1.4:1. Stop-loss: $27.40.

What are the risks of investing in CDRE?

Leverage penalty (D/E 1.2): -0.5; Elevated risk factors; Below 200-MA, MA slope -2.7%/30d (confirmed downtrend).

Is CDRE overvalued or undervalued?

Cadre Holdings, Inc. trades at a P/E of 41.9 (forward 20.2). TrendMatrix value score: 6.6/10. Verdict: Buy (Wait for Entry).

What do analysts say about CDRE?

12 analysts cover CDRE with a consensus score of 4.2/5. Average price target: $48.

What does Cadre Holdings, Inc. do?Cadre Holdings, Inc. is a global manufacturer and distributor of safety equipment for law enforcement, first responder,...

Cadre Holdings, Inc. is a global manufacturer and distributor of safety equipment for law enforcement, first responder, military, and nuclear markets, including body armor, explosive ordnance disposal gear, duty gear, and nuclear-material handling and containment products. The company sells to over 23,000 domestic and international customers with no single customer exceeding 10% of revenue, and grew its nuclear and tactical-gear portfolio in 2025-2026 through the Zircaloy (April 2025) and TYR Tactical (January 2026) acquisitions, while carrying $309.1 million of long-term debt as of December 3

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