Redwire Corporation (NYSE:RDW) is among the 8 Best Small-Cap Defense Stocks to Buy Right Now. Canaccord Genuity recently cut its price target on RDW to $11 from $17.50, while maintaining a Buy rating.

Canaccord Genuity highlighted Redwire’s third-quarter results, which missed revenue and profit estimates. The company also lowered its full-year 2025 revenue guidance to $320 million to $340 million due to delayed orders from the government shutdown.

Despite a 50.7% increase in revenue to $103.4 million, Redwire Corporation (NYSE:RDW) saw a net loss increase by $20.2 million and adjusted EBITDA decrease by $5 million in the quarter, with adverse EAC costs impacting results.

Following the earnings call, Truist Securities and Cantor Fitzgerald both slashed their price targets on Redwire Corporation (NYSE:RDW). Wall Street analysts maintain a consensus Buy rating for RDW with a one-year median share price target of $14, representing a 158.78% upside potential as of November 14.

Redwire Corporation (NYSE:RDW) is a global space and defense technology company providing critical space infrastructure and advanced technologies for government and commercial users. Despite recent challenges, analysts see potential in RDW as an investment opportunity.

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Read more at Yahoo Finance: Canaccord Genuity Slashes Redwire Corporation’s (RDW) Price Target To $11, Keeps Buy Rating