Red Cat stock falls 4.37 percent as drone shares sell off
Published on 10/08/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Red Cat stock was trading at EUR 5.25 at Lang & Schwarz on October 8, 2026, down 4.37 percent from EUR 5.49.
- Second-quarter revenue reached USD 20.20 million versus USD 22.65 million consensus.
- Red Cat's Blue Ops gained access to a 144-acre Florida Atlantic University maritime facility on October 1, 2026.
- The next earnings report is scheduled for November 12, 2026.
Red Cat Holdings (ISIN US75644T1007) was trading at EUR 5.25 at Lang & Schwarz on October 8, 2026, down 4.37 percent from the EUR 5.49 prior close. 24/7 Wall St. reported on October 7, 2026 that Red Cat was falling alongside other drone companies during a broader sector selloff.
Red Cat milestones carry figures
On August 6, 2026, Red Cat reported second-quarter revenue of USD 20.20 million against USD 22.65 million consensus, while its adjusted loss was USD 0.26 per share versus USD 0.21 expected, according to MarketBeat. On September 17, 2026, Northland Securities set a USD 13.00 price target, the same report said. On October 1, 2026, Red Cat announced through Red Cat Holdings a Blue Ops partnership with Florida Atlantic University giving the maritime division access to a 144-acre deep-water facility.
What must the second half deliver
Red Cat's first-half 2026 revenue reached USD 35.7 million versus USD 4.8 million a year earlier, while management maintained a full-year 2026 revenue target of USD 150 million to USD 180 million, according to Zacks on September 29, 2026. Meeting that target requires USD 114.3 million to USD 144.3 million in second-half revenue, making contract conversion and delivery timing the central execution test.
Next reporting date
TradingView lists November 12, 2026 as Red Cat's next earnings date. The company entered the second half with nine active products and 270,000 square feet of production capacity, according to Zacks on September 29, 2026.
Stock trades in after-hours
Red Cat was trading at EUR 5.25 at Lang & Schwarz on October 8, 2026 in after-hours trading, down 4.37 percent versus the EUR 5.49 prior close on October 7, 2026. The primary listing is NASDAQ under ticker RCAT, and the company's market capitalization was USD 894.9 million on October 8, 2026; its 52-week range was USD 5.77 to USD 18.78. The further course of trading is shown by the continuously updated real-time quote of Red Cat stock.
Red Cat Holdings stock facts
- Company: Red Cat Holdings, Inc.
- ISIN: US75644T1007
- Ticker: RCAT
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 8, 2026): EUR 5.25
- Change versus prior close: minus 4.37 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 5.49
- Market capitalization: USD 894.9 million (as of October 8, 2026)
- 52-week range: USD 5.77-18.78 (as of October 8, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Next earnings date: November 12, 2026
Market context: Market report Nasdaq Composite.
