Evercore keeps USD 15.00 target for Red Cat Holdings stock

Published on 10/17/2026 at 21:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MarketBeat puts the average target at USD 16.71 on October 14, 2026. Red Cat Holdings stock was last at EUR 4.21 on October 16, 2026, 0.24 percent above the Xetra close.

Analyst target and valuation

Evercore maintained a USD 15.00 target for Red Cat Holdings on October 14, 2026.
The consensus target stood at USD 16.71 on October 14, 2026.
Red Cat Holdings stock was last at EUR 4.21 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 0.24 percent above the Xetra close of October 16, 2026.
Red Cat Holdings had a market capitalization of USD 720.8 million and a P/E ratio of -5.49 as of October 16, 2026.

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Evercore maintained a buy rating and a USD 15.00 price target for Red Cat Holdings on October 14, 2026, according to Moomoo News. At a USD 4.72 Nasdaq price on October 16, 2026 at 4:00 p.m. ET, that target stood 217.80 percent above the share price. The euro quote was last at EUR 4.21 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 0.24 percent above the Xetra close of October 16, 2026 (EUR 4.20).

Consensus target remains far higher

MarketBeat reported an average analyst target of USD 16.71 on October 14, 2026. The consensus target was 253.60 percent above the USD 4.72 Nasdaq price on October 16, 2026, using the same currency for both values. The spread between the Evercore target and the consensus figure shows how much the published estimates differ, even before any new quarterly report is released.

Range leaves room for volatility

Red Cat traded at USD 4.72 on Nasdaq on October 16, 2026 at 4:00 p.m. ET. Its 52-week range was USD 4.41 to USD 18.78, putting the price 7.03 percent above the low and 74.87 percent below the high. The session volume reached 7,641,656 shares against an average of 8,280,821 shares. The latest investor-relations page lists the third-quarter period ended September 30, 2026, while its most recent event listing covers the Association of the United States Army meeting from October 12 to October 14, 2026, according to Red Cat Holdings.

Valuation and operating scale

Red Cat's market capitalization was USD 720.8 million on October 16, 2026, while its trailing P/E ratio was -5.49. The company operates in aerospace and defense and develops unmanned aircraft and robotic systems for defense, government, public safety and commercial customers. The latest reported second-quarter revenue was USD 20.19 million for the period ended June 30, 2026, and net loss attributable to common shareholders was USD 35.26 million for that quarter.

Comparison with peers

Red Cat: plus 0.24 percent, P/E -5.49, market capitalization USD 720.8 million.
AeroVironment (Nasdaq, USD): minus 1.16 percent, P/E -20.93, market capitalization USD 6.2 billion.
Kratos Defense & Security Solutions (Nasdaq, USD): minus 0.79 percent, P/E 237.21, market capitalization USD 7.6 billion.

Price and investor perspective

For investors, the key contrast is the gap between the USD 4.72 Nasdaq price and targets of USD 15.00 at Evercore and USD 16.71 in the reported consensus. The share price also remained near its 52-week low, with a 7.03 percent distance from the USD 4.41 floor.

The euro quote was last at EUR 4.21 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 0.24 percent above the Xetra close of October 16, 2026 (EUR 4.20). The further course of trading is shown by the continuously updated real-time quote of Red Cat Holdings stock.