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Home/News Feed/Redwire stock jumps 11% after beating Q2 earnings and raising price target to $16.
RDW
$11.83
+$1.11 +10.35%

Redwire stock jumps 11% after beating Q2 earnings and raising price target to $16.

Company Fundamentals
06 Aug 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Redwire Corporation reported better-than-expected Q2 results with a smaller loss of $0.09 per share and sales of $117 million, surpassing analyst estimates. The company achieved a record gross profit margin of 27.8% and a strong $542.1 million backlog, signaling improved financial health and operational efficiency. An analyst raised the price target to $16, suggesting a 35.25% upside from the current $11.83 stock price. This positive outlook reflects confidence in Redwire's growth in space infrastructure and drone technology markets.

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