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Barchart
Barchart
Pathikrit Bose

Is Red Cat Stock a Buy, Sell, or Hold for July 2025?

All over the world, drones have become front and center in military combat. 

Relatively cheap and easy to build, drones allow targets to be hit with precision and are easy to operate. Consequently, the global defense drone market is projected to reach $88.1 billion by 2030, and Defense Secretary Pete Hegseth wants the United States to be the leader in drone warfare. Committing to “unleashing American drone dominance” and promising to get rid of "restrictive policies” to boost drone manufacturing, Hegseth’s comments spell optimism for drone stocks.

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