Redwire’s (RDW) “Buy” Rating Reiterated at HC Wainwright

by · The Markets Daily

HC Wainwright reaffirmed their buy rating on shares of Redwire (NYSE:RDW – Free Report) in a report published on Tuesday,Benzinga reports. The firm currently has a $26.00 price objective on the stock. HC Wainwright also issued estimates for Redwire’s Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at $0.05 EPS and FY2026 earnings at $0.24 EPS.

A number of other equities research analysts have also recently commented on the company. B. Riley decreased their price objective on Redwire from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Alliance Global Partners restated a “buy” rating on shares of Redwire in a report on Monday, May 12th. Wall Street Zen lowered Redwire from a “hold” rating to a “sell” rating in a research report on Saturday, June 14th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $28.00 price objective on shares of Redwire in a report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Redwire currently has an average rating of “Moderate Buy” and a consensus price target of $19.38.

Read Our Latest Stock Analysis on Redwire

Redwire Stock Performance

Shares of RDW stock opened at $16.98 on Tuesday. The stock’s fifty day moving average is $13.96 and its 200-day moving average is $14.64. The stock has a market capitalization of $2.42 billion, a PE ratio of -7.51 and a beta of 2.53. Redwire has a 52 week low of $4.87 and a 52 week high of $26.66.

Redwire (NYSE:RDW – Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.20) EPS for the quarter, meeting analysts’ consensus estimates of ($0.20). The firm had revenue of $61.40 million during the quarter, compared to the consensus estimate of $74.54 million. As a group, analysts forecast that Redwire will post -0.85 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Redwire by 4.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,876 shares of the company’s stock worth $212,000 after acquiring an additional 532 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Redwire by 7.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,854 shares of the company’s stock valued at $179,000 after purchasing an additional 782 shares in the last quarter. Summit Investment Advisors Inc. boosted its position in shares of Redwire by 64.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,382 shares of the company’s stock worth $39,000 after buying an additional 931 shares during the period. Gabelli Funds LLC boosted its position in shares of Redwire by 7.4% during the first quarter. Gabelli Funds LLC now owns 18,871 shares of the company’s stock worth $156,000 after buying an additional 1,300 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Redwire by 45.7% during the fourth quarter. Jones Financial Companies Lllp now owns 4,372 shares of the company’s stock worth $72,000 after buying an additional 1,372 shares in the last quarter. Institutional investors and hedge funds own 8.10% of the company’s stock.

About Redwire

(Get Free Report)

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.

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