Roth Capital Comments on Redwire's Q2 Earnings (NYSE:RDW)

Redwire Corporation (NYSE:RDW - Free Report) - Investment analysts at Roth Capital decreased their Q2 2026 earnings per share (EPS) estimates for shares of Redwire in a report issued on Tuesday, June 24th. Roth Capital analyst S. Desilva now expects that the company will post earnings per share of $0.00 for the quarter, down from their previous forecast of $0.01. Roth Capital has a "Buy" rating on the stock. The consensus estimate for Redwire's current full-year earnings is ($0.85) per share. Roth Capital also issued estimates for Redwire's Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.11 EPS.

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

A number of other brokerages have also issued reports on RDW. Cantor Fitzgerald reiterated an "overweight" rating and issued a $28.00 price objective on shares of Redwire in a report on Tuesday, March 11th. Alliance Global Partners reaffirmed a "buy" rating on shares of Redwire in a research note on Monday, May 12th. B. Riley reduced their price objective on shares of 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 report on Saturday, June 14th. Finally, Truist Financial set a $16.00 target price on Redwire and gave the stock a "hold" rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $19.38.

Redwire Trading Down 4.6%

RDW traded down $0.78 on Wednesday, reaching $16.18. The stock had a trading volume of 5,452,819 shares, compared to its average volume of 1,406,226. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of -7.16 and a beta of 2.53. The firm has a 50-day moving average of $14.08 and a 200-day moving average of $14.67. Redwire has a fifty-two week low of $4.87 and a fifty-two week high of $26.66.

Institutional Trading of Redwire

Several hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in Redwire by 6.9% in the 4th quarter. Bank of New York Mellon Corp now owns 52,170 shares of the company's stock worth $859,000 after acquiring an additional 3,357 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Redwire in the fourth quarter worth about $278,000. US Bancorp DE bought a new stake in shares of Redwire in the fourth quarter valued at approximately $119,000. Jones Financial Companies Lllp raised its position in shares of Redwire by 45.7% in the fourth quarter. Jones Financial Companies Lllp now owns 4,372 shares of the company's stock valued at $72,000 after purchasing an additional 1,372 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Redwire by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,641 shares of the company's stock valued at $1,080,000 after buying an additional 2,533 shares in the last quarter. 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.