Red Cat Holdings, Inc. (RCAT): A Bull Case Theory

We came across a bullish thesis on Red Cat Holdings, Inc. (RCAT) on Substack by Industrial Tech Stock Analyst. In this article, we will summarize the bulls’ thesis on RCAT. Red Cat Holdings, Inc. (RCAT)'s share was trading at $5.28 as of April 24^th. RCAT’s trailing P/E was 1.12 according to Yahoo Finance.

[caption id="attachment_1235371" align="aligncenter" width="768"] A high-tech robotic drone, showcasing the companys advancements in unmanned aerial systems.[/caption]

Red Cat (RCAT) recently reported its 4Q24 earnings, offering limited updates as it transitions to a December...