Red Cat Holdings (RCAT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- -$0.23
- Estimate
- -$0.17
- Surprise
- -34.9%
- Revenue (period 2026-06-30)
- $20.2M
- Score today
- 4.2/10
Revenue source: xbrl.
How the report landed
Red Cat Holdings (RCAT) reported a wider loss than forecast — adjusted EPS of -$0.23 against the -$0.17 estimate (a 34.9% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates RCAT Sell at 4.2/10; no pre/post engine snapshot brackets this report.
0 of the last 4 quarters beat the estimate; this quarter's -34.9% surprise compares with a -49.2% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Concentration risk — Supplier: sole-source suppliers
- DATA_ISSUE: analyst_target_implausible (raw $16.50 vs price $4.78 — ratio 3.5×). Rejected, falling back to technical TP.
- Quality below floor (2.2 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $4.78
- Price target
- $7.00
- Stop
- $4.44
- Upside to target
- +46.6%
Risk check: RSI 11 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
RCAT at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $748.3M
- P/E (fwd)
- -8.8
- 52-week range
- $4.41–$18.78
- Off 52-week high
- 74.6%
- RSI (14)
- 11
- Volume vs avg
- 0.66×
- Score today
- 4.2/10