Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Caleb Naysmith

An Army Contract Fueled Red Cat Stock’s 911% Surge in 13 Months: Is RCAT Still a Buy?

Red Cat Holdings Inc. (RCAT) has stunned investors with an extraordinary 911% stock price surge over the past 13 months, trading at $8.19 as of July 31, 2025. This dramatic rise coincides with a string of transformative milestones, chief among them a major U.S. Army contract to supply cutting-edge reconnaissance drones — a catalyst that’s redefining both the company’s fortunes and its outlook in the defense sector. 

Just about 13 months ago, on June 7, RCAT was a penny stock trading at $0.81. This turnaround and continued growth show the incredible momentum and potential of the stock. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.