Cantor Fitzgerald Forecasts Redwire FY2026 Earnings

Redwire Co. (NYSE:RDW - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Redwire in a report issued on Monday, June 9th. Cantor Fitzgerald analyst C. Canfield expects that the company will earn ($0.02) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $28.00 price target on the stock. The consensus estimate for Redwire's current full-year earnings is ($0.85) per share.

Redwire (NYSE:RDW - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.20). The company had revenue of $61.40 million for the quarter, compared to analysts' expectations of $74.54 million.

A number of other equities analysts have also weighed in on RDW. Alliance Global Partners restated a "buy" rating on shares of Redwire in a research note on Monday, May 12th. B. Riley decreased their target price on Redwire from $27.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 12th. Wall Street Zen lowered Redwire from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, HC Wainwright reiterated a "buy" rating and set a $26.00 price objective on shares of Redwire in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $20.05.

Redwire Stock Down 1.3%

RDW traded down $0.24 during trading on Wednesday, reaching $19.08. 2,660,903 shares of the company were exchanged, compared to its average volume of 1,222,929. The company's 50-day moving average is $12.65 and its two-hundred day moving average is $14.43. The company has a market cap of $1.47 billion, a price-to-earnings ratio of -15.77 and a beta of 2.53. Redwire has a 12-month low of $4.87 and a 12-month high of $26.66.

Hedge Funds Weigh In On Redwire

Several institutional investors have recently modified their holdings of the company. Strs Ohio purchased a new stake in Redwire during the 1st quarter valued at about $69,000. Bluefin Capital Management LLC purchased a new stake in Redwire during the 1st quarter valued at about $167,000. Goldman Sachs Group Inc. boosted its holdings in Redwire by 352.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 355,265 shares of the company's stock valued at $2,945,000 after acquiring an additional 276,814 shares during the period. Sender Co & Partners Inc. purchased a new stake in Redwire during the 1st quarter valued at about $230,000. Finally, AQR Capital Management LLC boosted its holdings in Redwire by 125.0% during the 1st quarter. AQR Capital Management LLC now owns 51,437 shares of the company's stock valued at $426,000 after acquiring an additional 28,576 shares during the period. 8.10% of the stock is currently owned by institutional investors.

About Redwire

Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.