Stocktoria
Red Cat Holdings, Inc. RCAT
Red Cat Holdings, Inc. (RCAT) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $40.7M at a -177.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 3.2 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.775 |
| Retained earnings / assets | -0.719 |
| EBIT / assets | -0.243 |
| Equity / liabilities | 8.829 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| RCAT | Red Cat Holdings, Inc. | 2/9 | 10.37 | — | +128.3% |
| AEYE | AUDIOEYE INC | 4/9 | -11.02 | — | +14.5% |
| LHSW | Lianhe Sowell International Group Ltd | 2/9 | 3 | 1.5 | -0.2% |
| MCHX | MARCHEX INC | 2/9 | — | — | -5.6% |
| HPAI | Helport AI Ltd | 3/9 | 3.56 | 12.1 | +17.9% |
| YXT | YXT.COM GROUP HOLDING Ltd | 2/9 | — | — | -85.3% |
| TAOP | Taoping Inc. | 3/9 | -16.73 | — | -16% |
About Red Cat Holdings, Inc.
Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States. The company designs and manufactures small and tactical unmanned aircraft systems (UAS), such as BLACK WIDOW, a short-range reconnaissance war fighter with selectable integrated AI software capabilities; TEAL 2, a blue UAS product of defense used by combat soldiers, police officers, firefighters, wildlife managers, and industrial inspectors; and FANG, a first-person view small UAS. It also develops and produces long-endurance, vertical takeoff, and landing fixed-wing unmanned aircraft systems designed for extended-range intelligence, surveillance, and reconnaissance missions, such as THE EDGE 130. In addition, the company develops BLUE OPS, a battle-tested uncrewed surface vessel weapons system. Further, it provides FANG FPV DRONE, part of ARACHNID family of unmanned intelligence. Red Cat Holdings, Inc. is based in South Salt Lake, Utah.
FAQ
Is RCAT financially healthy?
Red Cat Holdings, Inc.'s Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does RCAT pay a dividend?
No, Red Cat Holdings, Inc. does not currently pay a dividend.
How profitable is RCAT?
In FY2025, Red Cat Holdings, Inc. had a net margin of -177.0% and a return on equity of -29.3%.
What is the analyst price target for RCAT?
The average Wall-Street price target for Red Cat Holdings, Inc. is $22.00, about 113.2% above the recent price, from 6 analysts.
Is RCAT a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Red Cat Holdings, Inc.: a Piotroski F-score of 2/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.