RDW · Redwire Corp
AI read · Good for RDW
The AI's read
Redwire beat Q2 revenue at $117.07M versus $107.30M estimates and revenue rose 89.6% year over year. It showed record gross margin of 27.8%, a $542.1M backlog and $607.8M liquidity. The company reaffirmed 2026 revenue guidance of $450M–$500M versus $470.59M consensus. Shares are up ~6% after hours and RSI is 62, so the move is validated but not stretched. We lean bullish because backlog plus cash create optionality to scale into demand. Main risks are execution on large contracts and the stock's high beta, so size accordingly.