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 Gap→Stable
- Earnings Beat Consistency→Stable
- Confirmed Technical Downtrend→Stable
- +1 more pillar — see the Why tab for full reasoning
Cadre Holdings, Inc. (CDRE) Stock Analysis
Recovery setup · Catalyst-Driven edge
Industrials · Aerospace & Defense
Hold if already holding. Not a fresh buy at $30.86, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.2): -0.5; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend).
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
Hold if already holding. Not a fresh buy at $30.86, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.2): -0.5; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 54. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.
Passes 6/9 gates (positive momentum, favorable risk/reward ratio, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
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.
Recent developments
updated 2026-07-26Recent Developments — Cadre Holdings, Inc.
Latest news
- NEWS Cadre Holdings CEO Warren Kanders sells $6.5 million in shares - Investing.com — Investing.com negative
- NEWS 2 Reasons to Like CDRE and 1 to Stay Skeptical - Yahoo Finance — Yahoo Finance positive
- NEWS Earnings Preview: CDRE to Report Financial Results Post-market on May 11 - 富途牛牛 — 富途牛牛 neutral
- NEWS Earnings Preview: CDRE to Report Financial Results Post-market on May 11 - Moomoo — Moomoo neutral
- NEWS Cadre Holdings CEO and Chairman Sells 75,000 Shares. Should You Sell CDRE Too? - The Motley Fool — The Motley Fool negative
Generated 2026-07-26T03:02:01Z.
Upcoming dated catalysts
Thesis
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Quality Signals
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $30.86, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.2): -0.5; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 54. Maintain position. Not compelling to add more. Target $40.72 (+32.0%), stop $28.70 (−7.5%), A.R:R 2.8:1. Score 6.1/10, moderate confidence.
Take-profit target: $40.72 (+31.9% upside). Target $40.72 (+32.0%), stop $28.70 (−7.5%), A.R:R 2.8:1. Stop-loss: $28.70.
Leverage penalty (D/E 1.2): -0.5; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend).
Cadre Holdings, Inc. trades at a P/E of 36.3 (forward 21.6). TrendMatrix value score: 6.9/10. Verdict: Hold.
11 analysts cover CDRE with a consensus score of 4.2/5. Average price target: $47.
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