Redwire Corporation (NYSE:RDW – Get Free Report) shares shot up 14.6% during trading on Friday . The stock traded as high as $13.68 and last traded at $13.5620. 32,687,294 shares were traded during trading, an increase of 10% from the average session volume of 29,607,086 shares. The stock had previously closed at $11.83.
Key Stories Impacting Redwire
Here are the key news stories impacting Redwire this week:
- Positive Sentiment: Record Q2 results exceeded expectations. Revenue rose 89.6% year over year to $117.1 million, topping the $107.1 million consensus estimate, while the $0.09 per-share loss was narrower than analysts expected. Gross margin reached a record 27.8%, and the net loss improved to $41 million from $97 million a year earlier. Redwire Second-Quarter 2026 Financial Results
- Positive Sentiment: Backlog and liquidity support future growth. Contracted backlog reached a record $542.1 million, the quarterly book-to-bill ratio was 1.42, and total liquidity stood at $607.8 million. Redwire reaffirmed its 2026 revenue outlook of $450 million to $500 million, broadly consistent with consensus. Redwire Q2 Revenue and Backlog Update
- Positive Sentiment: New commercial space-pharmaceutical opportunity. Redwire’s SpaceMD announced its first commercial mission aboard SpaceX’s Starfall spacecraft, aimed at scaling in-space pharmaceutical development. The announcement expands Redwire’s potential commercial applications beyond government and defense contracts. SpaceMD Commercial Mission Announcement
- Positive Sentiment: Analyst support added to the momentum. Cantor Fitzgerald forecast substantial potential appreciation for RDW, reinforcing the favorable reaction to the earnings report. Cantor Fitzgerald Redwire Forecast
- Negative Sentiment: Profitability remains a concern. Redwire still reported a sizable net loss and negative adjusted EBITDA, and its full-year outlook does not yet imply near-term profitability. Reported insider activity also shows substantial selling, which could weigh on sentiment despite the improving operating results. Redwire Insider Activity and Q2 Metrics
Analysts Set New Price Targets
RDW has been the subject of several research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Redwire in a report on Friday, July 17th. Cantor Fitzgerald lifted their price objective on Redwire from $9.00 to $13.50 and gave the company an “overweight” rating in a report on Wednesday. Jefferies Financial Group raised shares of Redwire to a “hold” rating in a research note on Wednesday, June 10th. Truist Financial raised shares of Redwire to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Canaccord Genuity Group boosted their price target on shares of Redwire from $12.00 to $14.00 and gave the company a “buy” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Redwire presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.94.
Redwire Stock Performance
The firm’s 50 day moving average is $12.44 and its 200 day moving average is $11.31. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.37 and a current ratio of 1.75. The stock has a market cap of $3.24 billion, a P/E ratio of -9.29 and a beta of 3.05.
Redwire (NYSE:RDW – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.07. The business had revenue of $117.07 million for the quarter, compared to analyst estimates of $107.10 million. Redwire had a negative net margin of 57.26% and a negative return on equity of 12.65%. Analysts anticipate that Redwire Corporation will post -0.77 EPS for the current year.
Insiders Place Their Bets
In other news, Director Ae Red Holdings, Llc sold 1,070,565 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $21.48, for a total transaction of $22,995,736.20. Following the sale, the director owned 1,077,419 shares in the company, valued at approximately $23,142,960.12. The trade was a 49.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.79% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of RDW. Farther Finance Advisors LLC boosted its holdings in shares of Redwire by 4.4% in the 4th quarter. Farther Finance Advisors LLC now owns 20,897 shares of the company’s stock valued at $159,000 after acquiring an additional 877 shares during the last quarter. Parvin Asset Management LLC raised its holdings in shares of Redwire by 6.9% during the first quarter. Parvin Asset Management LLC now owns 17,825 shares of the company’s stock worth $152,000 after purchasing an additional 1,150 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Redwire by 32.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,279 shares of the company’s stock valued at $102,000 after purchasing an additional 1,533 shares during the period. BNP Paribas Financial Markets lifted its position in Redwire by 12.0% during the second quarter. BNP Paribas Financial Markets now owns 30,396 shares of the company’s stock valued at $495,000 after purchasing an additional 3,248 shares during the period. Finally, Parallel Advisors LLC purchased a new stake in Redwire in the first quarter valued at $28,000. 8.10% of the stock is currently owned by hedge funds and other institutional investors.
Redwire Company Profile
Redwire Corporation is a space infrastructure company specializing in the design, engineering and manufacturing of mission-critical hardware and software for the spaceflight industry. The company’s offerings include deployable structures, solar power systems, radio frequency antennas, advanced composites and transparent optics. Redwire serves a broad customer base that spans civil space agencies, national defense organizations and commercial satellite operators, helping enable missions ranging from communications and Earth observation to deep-space exploration.
Formed through the strategic combination of several specialized space technology firms, Redwire’s portfolio encompasses both flight-proven hardware and cutting-edge in-space manufacturing capabilities.
Further Reading
- Five stocks we like better than Redwire
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Redwire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redwire and related companies with MarketBeat.com's FREE daily email newsletter.
