Red Cat Holdings, Inc. (RCAT) has been a topic of lively discussion on Reddit forums, with users expressing optimism about the stock's potential in 2025. Many investors are holding firm, believing that the stock's current price is a bargain and anticipating significant developments in the coming months. One user speculated, "Gut feeling tells me Jeff is going to announce something big late January/early Feb," while another echoed this sentiment, stating, "2025 is going to be so exciting for this stock. Going to be one of the top performers of 2025."
The discussions also touched on Red Cat's strategic positioning in the drone industry, particularly its notable deal with defense tech giant Palantir. This partnership is seen as a key factor in the company's emergence as a significant player in the North American drone market. Additionally, some users highlighted geopolitical factors, such as China's massive drone order, as potentially bullish for Red Cat, suggesting that increased demand for drones could benefit the company indirectly. "If the strategic adversary is buying drones en masse, then the US will probably want to do the same," one user noted.
As of the latest update, Red Cat Holdings, Inc. (RCAT) is trading at $12.40, reflecting a 3.94% increase from the previous close.