Redwire (NYSE:RDW) Price Target Cut to $8.00 by Analysts at Piper Sandler

Redwire (NYSE:RDW) had its price target cut by investment analysts at Piper Sandler from $11.00 to $8.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler‘s target price suggests a potential upside of 29.55% from the company’s current price.

Several other equities research analysts have also recently commented on the company. Guggenheim assumed coverage on Redwire in a research note on Monday, September 14th. They set a “neutral” rating for the company. Cantor Fitzgerald lifted their target price on Redwire from $9.00 to $13.50 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Bank of America boosted their price target on Redwire from $7.00 to $8.00 and gave the company an “underperform” rating in a research note on Monday, August 31st. Jefferies Financial Group set a $15.00 price target on Redwire in a report on Sunday, August 9th. Finally, Canaccord Genuity Group set a $13.00 price objective on shares of Redwire in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.31.

Redwire Stock Performance

Shares of Redwire stock opened at $6.17 on Friday. The company has a current ratio of 3.92, a quick ratio of 3.48 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $11.02. Redwire has a 1-year low of $4.87 and a 1-year high of $26.64. The company has a market cap of $1.54 billion, a P/E ratio of -4.90 and a beta of 3.15.

Redwire (NYSE:RDW) last posted its quarterly earnings data on Wednesday, November 4th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.04. The firm had revenue of $109.03 million during the quarter, compared to analyst estimates of $126.75 million. Redwire had a negative return on equity of 9.84% and a negative net margin of 52.36%. As a group, analysts anticipate that Redwire will post -0.73 EPS for the current year.

Insider Buying and Selling at Redwire

In other news, Director Ae Red Holdings, Llc sold 929,435 shares of the stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $11.34, for a total transaction of $10,539,792.90. Following the transaction, the director owned 147,984 shares of the company’s stock, valued at $1,678,138.56. This represents a 86.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.79% of the company’s stock.

Institutional Trading of Redwire

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in Redwire in the first quarter worth approximately $28,000. KBC Group NV acquired a new stake in Redwire in the first quarter valued at approximately $29,000. Rockefeller Capital Management L.P. grew its stake in Redwire by 1,054.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,016 shares of the company’s stock valued at $31,000 after acquiring an additional 3,668 shares during the period. Signaturefd LLC grew its stake in Redwire by 211.8% in the third quarter. Signaturefd LLC now owns 3,077 shares of the company’s stock valued at $32,000 after acquiring an additional 2,090 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Redwire by 70.4% during the third quarter. GAMMA Investing LLC now owns 3,213 shares of the company’s stock valued at $34,000 after acquiring an additional 1,327 shares in the last quarter. 8.10% of the stock is owned by institutional investors.

Key Stories Impacting Redwire

Here are the key news stories impacting Redwire this week:

• Positive Sentiment: Redwire reported a record backlog of $619.7 million, up nearly 75% year over year, and a book-to-bill ratio of 1.73. Gross margins also reached a record, signaling solid demand and improved project economics. Redwire Q3 2026 results
• Positive Sentiment: Redwire won a $20 million contract for additional Otter very-low-Earth-orbit testing and experimentation, adding to its future work pipeline. Otter testing contract announcement
• Negative Sentiment: Quarterly revenue was about $109 million, well below analyst expectations of roughly $127 million. The shortfall overshadowed year-over-year sales growth and other operational improvements. Redwire revenue miss and market reaction
• Negative Sentiment: The company remained loss-making, reporting a loss of $0.06 per share. While that was better than the expected loss of $0.10, persistent losses may weigh on investor confidence. Redwire shares react to Q3 earnings

Redwire Company Profile

Redwire Corporation (NYSE: RDW) is a space infrastructure and defense technology company that develops products and services for government and commercial customers. Its capabilities support spacecraft, space stations, national security missions, and other applications across the space economy.

The company’s offerings include deployable solar arrays, spacecraft platforms, avionics, sensors, communications systems, digital engineering and mission-support services. Redwire also develops robotic systems, in-space manufacturing technologies, payloads, and other solutions designed to enable spacecraft operations and the production of materials in orbit.

Redwire was formed in 2020 through the combination of several space technology businesses backed by AE Industrial Partners and became a publicly traded company in 2021.