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Redwire price target raised to $10.50 from $9 at Alliance Global

Alliance Global analyst Brian Kinstlinger raised the firm’s price target on Redwire (RDW) to $10.50 from $9 and keeps a Buy rating on the shares. Although the company reported better-than-expected revenue of $109M for Q4, adjusted EBITDA was a loss of about $18M versus the firm’s estimate of a $3M loss, the analyst tells investors in a research note. The firm added that while it is meaningfully increasing its revenue estimates, it believes it is prudent to project gross margin no higher than 25%-26% and as a result, it now forecasts a loss of $5.4M in 2026 and a profit of $7.7M in 2027.

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