Redwire
RDW

$5.72

5.77%

Market Cap: $381M

About: Redwire Corp is engaged in mission-critical space solutions and reliable components for the next-generation space economy. It assists its customers in solving the complex challenges of future space missions and industries. The company's space infrastructure offerings include a broad array of modern products and services, which have been enabling space missions. The company's Heritage plus Innovation strategy enables it to combine decades of flight heritage with a culture creating new technologies that are the building blocks of space infrastructure for government and commercial customers.

Employees: 700

Industrials Guided Missiles & Space Vehicles & Parts

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

118% more capital invested

Capital invested by funds: $27.9M [Q1] → $60.9M (+$33M) [Q2]

107% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 14

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

10% more funds holding

Funds holding: 73 [Q1] → 80 (+7) [Q2]

3.25% more ownership

Funds ownership: 9.71% [Q1] → 12.96% (+3.25%) [Q2]

74% less call options, than puts

Call options by funds: $888K | Put options by funds: $3.37M

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Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$6

5%

upside

Avg. target

$6.78

19%

upside

High target

$8.25

44%

upside

8 analyst ratings

7 positive

88%

1 neutral

13%

0 negative

0%

Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target	5%upside $6	Overweight Reiterated	3 Sept 2024
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target	5%upside $6	Overweight Reiterated	9 Aug 2024
B. Riley Securities Mike Crawford 50% 1-year accuracy 6 / 12 met price target	40%upside $8	Buy Upgraded	9 Aug 2024
Alliance Global Partners Brian Kinstlinger 77% 1-year accuracy 10 / 13 met price target	44%upside $8.25	Buy Maintained	30 Jul 2024
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target	5%upside $6	Overweight Reiterated	22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about RDW published over the past 30 days

24/7 Wall Street

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Redwire to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9, 2024

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that Redwire's Chief Financial Officer Jonathan Baliff will present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9, 2024 at 9:00 a.m. ET. The presentation will be available at the following web address: https://journey.ct.events/view/654bff93-f4bf-4f69-8c69-93ce07a0c178 About Redwire Redwire Corporation (NYS.

Redwire to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9, 2024

Redwire Joins the U.S.-U.A.E. Business Council to Support Greater Bilateral Collaboration in Space

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has joined the U.S.-U.A.E. Business Council, signaling the importance that Redwire is placing on developing opportunities with the burgeoning Emirati space sector. Redwire has already benefited from the U.A.E.'s growing space prowess. During his historic spacewalk in April 2023, Emirati astronaut H.E. Dr. Sultan Al Neyadi supported.

Redwire Joins the U.S.-U.A.E. Business Council to Support Greater Bilateral Collaboration in Space

Redwire Completes Acquisition of Hera Systems, Expanding Company's National Security Spacecraft Portfolio

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced that it has completed its previously announced acquisition of Hera Systems, Inc., a spacecraft development company with expertise in specialized missions for national security space customers. The acquisition of Hera Systems expands Redwire's spacecraft portfolio to support specialized national security space missions in geostationary orbi.

Redwire Completes Acquisition of Hera Systems, Expanding Company's National Security Spacecraft Portfolio

The Motley Fool

This Small Space Stock Just Got Bigger -- and More Profitable

Redwire reported a big loss earlier this month, and flipped to negative free cash flow.

This Small Space Stock Just Got Bigger -- and More Profitable

Redwire Selected to Provide Advanced RF Payloads to a Leading European Defense Contractor, Expanding RF Offerings to Overseas Markets

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been selected to deliver radio frequency (RF) payloads for a constellation of satellites for a leading European defense contractor. Through this work, Redwire will extend its established, flight-proven RF payloads to overseas customers. Redwire will provide multiple shipsets of RF payloads and control electronics. The RF payloa.

Redwire Selected to Provide Advanced RF Payloads to a Leading European Defense Contractor, Expanding RF Offerings to Overseas Markets

Redwire to Present at the Jefferies Industrials Conference on September 4, 2024

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that Redwire's Chairman and Chief Executive Officer, Peter Cannito, and Chief Financial Officer, Jonathan Baliff, will present at the Jefferies Industrials Conference on September 4, 2024 from 7:30-8:00 a.m. ET. The presentation will be available at the following web address: https://wsw.com/webcast/jeff303/rdw/1705725 About Redwire Redwir.

Redwire to Present at the Jefferies Industrials Conference on September 4, 2024

Redwire to Acquire Spacecraft Developer Hera Systems

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems' cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security.

Redwire to Acquire Spacecraft Developer Hera Systems

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Redwire Corporation (RDW) Q2 2024 Earnings Call Transcript

Redwire Corporation (NYSE:RDW ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Jeff Zeunik – Senior Vice President-Financial Planning, Analsys and Investor Relations Peter Cannito – Chairman and Chief Executive Officer Jonathan Baliff – Chief Financial Officer Conference Call Participants Griffin Boss – B. Riley Greg Konrad – Jefferies Brian Kinstlinger – Alliance Global Andres Sheppard – Cantor Fitzgerald Suji Desilva – ROTH Capital Operator Greetings, and welcome to the Redwire Space Second Quarter 2024 Earnings Call.

Redwire Corporation (RDW) Q2 2024 Earnings Call Transcript

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