11 Most Promising Small-Cap Industrial Stocks Under $50

9. Redwire Corporation (NYSE:RDW)

Sector/Industry: Industrial (Aerospace & Defense)

Share Price: $8.52

Potential Upside: 39.4%

Number of Hedge Fund Holders: 15

Redwire Corporation (NYSE:RDW) is one of the most promising small-cap industrial stocks under $50.

As of December 22, the consensus ratings indicate a bullish stance towards Redwire Corporation (NYSE:RDW). The company is covered by nine analysts, six of whom assigned Buy ratings, two assigned Hold ratings, and there was just 1 Sell rating. The resulting consensus 1-year average price target for the stock is $11.88, which offers a lucrative 39.4% upside from the current level.

On December 11, Canaccord Genuity analyst Austin Moeller reiterated his bullish stance on Redwire Corporation (NYSE:RDW). The analyst assigned a Buy rating to the stock with a $11 target price. This estimate offers nearly 36.5% upside to investors from the current level.

Moeller shed light on the company’s transition from being a commercial space company to a defense technology business, which will ensure sustainable revenue streams over the long run. He pointed out the company’s inclination towards non-commoditized products such as heavy spacecraft and weapon systems, which would enable strong market positioning for the business.

Another factor leading to Moeller’s bullish stance on Redwire Corporation (NYSE:RDW) is the company’s innovations, including Stalker UAS and the Roll-Out Solar Array (ROSA) technologies. These technologies have military and space infrastructure applications, which not only give a competitive edge to the company but also would be a major growth driver in the future.

Redwire Corporation (NYSE:RDW) is an aerospace and defense tech company that provides mission-critical space infrastructure solutions. The company caters to government and commercial entities, and utilizes digital engineering and AI to develop autonomous aerospace infrastructure systems. Some of their offerings include camera systems, navigation payloads, sensors, and avionics.