Redwire is trading 10.77% up at $11.88 after second-quarter revenue reached $117.1 million, up 89.6% year over year and above approximately $107β108 million consensus.
- Record gross margin was 27.8%, contracted backlog $542.1 million, and 2026 revenue guidance reaffirmed at $450 millionβ$500 million.
- Cantor Fitzgerald raised its price target to $13.50 from $9.00.
- The August 6 earnings call and heightened investor activity support continued buying; broader markets are only modestly higher.