What Happened?
Shares of aerospace and defense company Redwire (NYSE:RDW) jumped 3.9% in the afternoon session after a consensus of "Moderate Buy" from Wall Street analysts covering the space infrastructure company. The positive sentiment from the analyst community comes as Redwire continues to secure its position in the aerospace and defense sectors. Six of the eight brokerages covering the stock have issued a "buy" recommendation. This optimism is supported by a series of recent company developments, including new contracts and partnerships.
Notably, Redwire recently secured a deal with Thales Alenia Space for a lunar docking mechanism and a new award from NASA for its pharmaceutical research technology. The company has also expanded its international presence by opening a new office in Poland to support European Space Agency projects. These strategic moves, coupled with a growing global footprint, appear to be reinforcing investor confidence in the company's growth trajectory.
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What Is The Market Telling Us
Redwire’s shares are extremely volatile and have had 95 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
Redwire is down 2.8% since the beginning of the year, and at $16.56 per share, it is trading 35.5% below its 52-week high of $25.66 from February 2025. Investors who bought $1,000 worth of Redwire’s shares at the IPO in January 2021 would now be looking at an investment worth $1,591.
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