Redwire (NYSE:RDW) Stock Price Target Cut by B. Riley Financial

Key Points

• B. Riley Financial cut its Redwire price target from $15 to $14 but maintained a “buy” rating, implying about 108% upside from the share price cited in the report.
• Analyst views are mixed: MarketBeat’s consensus is “Hold,” with an average price target of $14.28; ratings range from Strong Buy to Sell.
• Redwire’s latest quarterly loss per share was narrower than expected, but revenue of $109 million fell short of the roughly $127 million consensus estimate. Shares traded at $6.73 on Friday.

Redwire (NYSE:RDW - Get Free Report) had its price objective lowered by equities researchers at B. Riley Financial from $15.00 to $14.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. B. Riley Financial's price target would suggest a potential upside of 107.96% from the company's current price.

Several other research analysts also recently issued reports on the stock. Bank of America upped their price target on shares of Redwire from $7.00 to $8.00 and gave the stock an "underperform" rating in a report on Monday, August 31st. Guggenheim started coverage on Redwire in a research report on Monday, September 14th. They set a "neutral" rating on the stock. Jefferies Financial Group set a $15.00 target price on Redwire in a report on Sunday, August 9th. Alliance Global Partners reiterated a "buy" rating on shares of Redwire in a research report on Thursday, August 6th. Finally, Cantor Fitzgerald boosted their target price on shares of Redwire from $9.00 to $13.50 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Redwire presently has an average rating of "Hold" and an average price target of $14.28.

Redwire Price Performance

Shares of NYSE RDW traded up $0.54 during mid-day trading on Friday, reaching $6.73. The company had a trading volume of 5,595,814 shares, compared to its average volume of 24,618,725. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of -5.35 and a beta of 3.15. The business's 50-day simple moving average is $9.88 and its 200 day simple moving average is $11.02. Redwire has a one year low of $4.87 and a one year high of $26.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.48 and a current ratio of 3.92.

Redwire (NYSE:RDW - Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.04. Redwire had a negative net margin of 52.36% and a negative return on equity of 9.84%. The company had revenue of $109.03 million during the quarter, compared to analysts' expectations of $126.75 million. On average, research analysts predict that Redwire will post -0.73 earnings per share for the current fiscal year.

Insider Activity at Redwire

In related news, Director Ae Red Holdings, Llc sold 929,435 shares of the business's stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $11.34, for a total value of $10,539,792.90. Following the transaction, the director owned 147,984 shares in the company, valued at $1,678,138.56. The trade was a 86.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.79% of the stock is currently owned by corporate insiders.

Institutional Trading of Redwire

Large investors have recently made changes to their positions in the company. Parvin Asset Management LLC lifted its holdings in shares of Redwire by 6.9% in the 1st quarter. Parvin Asset Management LLC now owns 17,825 shares of the company's stock worth $152,000 after acquiring an additional 1,150 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Redwire by 70.4% in the 3rd quarter. GAMMA Investing LLC now owns 3,213 shares of the company's stock valued at $34,000 after purchasing an additional 1,327 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Redwire by 211.8% during the 3rd quarter. Signaturefd LLC now owns 3,077 shares of the company's stock valued at $32,000 after purchasing an additional 2,090 shares during the last quarter. Inspire Investing LLC grew its holdings in shares of Redwire by 4.5% during the 3rd quarter. Inspire Investing LLC now owns 58,943 shares of the company's stock valued at $615,000 after purchasing an additional 2,536 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new position in Redwire in the 1st quarter worth $28,000. 8.10% of the stock is currently owned by institutional investors and hedge funds.

Key Redwire News

Here are the key news stories impacting Redwire this week:

• Positive Sentiment: Redwire secured a $20 million contract for additional Otter very-low-Earth-orbit testing and experimentation, adding to its potential work pipeline. Redwire awarded $20 million Otter contract
• Positive Sentiment: Q3 backlog reached a record $619.7 million, up nearly 75% year over year, with a 1.73 book-to-bill ratio; the company also reported record gross margins. Adjusted loss per share of $0.06 was narrower than analysts’ expected $0.10 loss. Redwire Q3 2026 results
• Negative Sentiment: The main earnings concern was revenue: Q3 sales of about $109 million fell well short of analysts’ roughly $127 million estimate. The shortfall overshadowed the stronger backlog and margins and drove a sharp selloff after results. Revenue miss and market reaction
• Negative Sentiment: Piper Sandler cut its price target to $8 from $11 and assigned a neutral rating. The target implies upside from the cited $6.17 share price, but the cut signals reduced analyst expectations. Piper Sandler analyst rating

Redwire Company Profile

Redwire Corporation NYSE: RDW is a space infrastructure and defense technology company that develops products and services for government and commercial customers. Its capabilities support spacecraft, space stations, national security missions, and other applications across the space economy.

The company's offerings include deployable solar arrays, spacecraft platforms, avionics, sensors, communications systems, digital engineering and mission-support services. Redwire also develops robotic systems, in-space manufacturing technologies, payloads, and other solutions designed to enable spacecraft operations and the production of materials in orbit.

Redwire was formed in 2020 through the combination of several space technology businesses backed by AE Industrial Partners and became a publicly traded company in 2021.

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