- PRICING
- LIVE QUOTES
- LEARN
- HELP
EN
$1,000 Invested in Redwire Stock at Its 2026 Low Would Be Worth This Much Today
Key Points
Redwire’s stock crumbled after SpaceX’s debut.
But it looks reasonably valued relative to its growth potential.
Shares of Redwire (NYSE: RDW), a producer of critical space mission components, closed at a record high of $25.90 on May 28 as the market's anticipation for SpaceX's (NASDAQ: SPCX) IPO sparked a buying frenzy in space stocks. However, Redwire and many of its industry peers lost their momentum ahead of SpaceX's market debut on June 12 -- and that record-setting IPO exacerbated that pressure by drawing investors away from smaller space stocks.
By July 29, Redwire's stock had sunk to a 52-week low of $7.78. But today, it trades at about $10, so a $1,000 investment at its 2026 low would have grown to nearly $1,300.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
Does Redwire have more upside potential?
Redwire develops navigation, power, and 3D-printing components for satellites, space stations, and other spacecraft. It also manufactures military drones and custom components for missile defense and military communications systems.
Before going public, Redwire predicted its revenue could rise from $163 million in 2021 to $1.41 billion in 2025. But in reality, its revenue only rose from $138 million in 2021 to $335 million in 2025. It struggled with negative cost revisions on its fixed-price contracts, delayed government deals, and expensive acquisitions that diluted its investors and squeezed its margins.
Redwire disappointed many investors, but analysts expect its revenue to grow at a 27% 3-year CAGR to $684 million in 2028 as its customers build orbital data centers, launch more satellites, develop new drones, and launch new lunar missions. At five times next year's sales, Redwire also looks cheaper than SpaceX, which trades at 19 times next year's sales.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.