Key Highlights:
- Redwire Corporation and ispace-U.S. form strategic alliance for lunar exploration.
- Analysts predict a potential 147.41% increase in Redwire's stock price.
- Redwire Corp's GF Value suggests a slight downside risk of 5.02%.
Redwire Corporation (RDW, Financial) has entered into a pivotal partnership with ispace-U.S. to advance lunar exploration and scientific missions under NASA's Commercial Lunar Payload Services (CLPS) initiative. This collaboration seeks to harness the strengths of both companies to propel missions forward and foster the burgeoning lunar economy.
Wall Street Analysts Forecast
In analyzing the one-year price targets set by 6 analysts, Redwire Corp (RDW, Financial) is projected to reach an average price of $24.67. These forecasts range from a high of $30.00 to a low of $19.00. The average target price indicates a significant potential upside of 147.41% compared to the current share price of $9.97. For more in-depth projections, visit the Redwire Corp (RDW) Forecast page.
Additionally, the consensus among 6 brokerage firms rates Redwire Corp's (RDW, Financial) as an "Outperform," with an average brokerage recommendation score of 1.8. This rating scale is from 1 to 5, where 1 signals a Strong Buy and 5 indicates a Sell.
In terms of valuation, according to GuruFocus estimates, the GF Value of Redwire Corp (RDW, Financial) in one year projects the stock to be worth $9.47, which presents a predicted downside of 5.02% from its current trading price of $9.97. The GF Value is GuruFocus' fair value estimation, calculated from historical trading multiples, past business growth, and future performance forecasts. Detailed data and insights are available on the Redwire Corp (RDW) Summary page.
