Firefly Aerospace, Inc. (NASDAQ:FLY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts assign an average Moderate Buy rating to Firefly Aerospace (6 buys, 3 holds, 1 sell) with a mean 12‑month price target of $33.25.
• Recent analyst moves are mixed: Cantor Fitzgerald cut its price target to $35 (from $65) while keeping an overweight stance, Jefferies raised its target to $45 with a buy rating, Goldman Sachs lifted its target to $32 (neutral), and Weiss reaffirmed a sell (d‑) rating.
• Financials show strong top‑line growth—quarterly revenue jumped 541% YoY to $57.7M and EPS of ($0.38) beat estimates—but the company remains unprofitable (negative net margin 186.6% and negative ROE 234.8%); the stock trades around $36.61 with a $5.86B market cap and a 12‑month range of $16.00–$73.80.

Shares of Firefly Aerospace, Inc. (NASDAQ:FLY - Get Free Report) have received an average rating of "Moderate Buy" from the ten ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $33.25.

Several research firms have recently weighed in on FLY. Cantor Fitzgerald reduced their price objective on shares of Firefly Aerospace from $65.00 to $35.00 and set an "overweight" rating for the company in a research report on Thursday, March 26th. The Goldman Sachs Group raised their price objective on shares of Firefly Aerospace from $29.00 to $32.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Weiss Ratings restated a "sell (d-)" rating on shares of Firefly Aerospace in a research report on Monday, December 29th. Jefferies Financial Group raised their price objective on shares of Firefly Aerospace from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Monday. Finally, KeyCorp began coverage on shares of Firefly Aerospace in a research report on Thursday, December 18th. They set a "sector weight" rating for the company.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new position in shares of Firefly Aerospace in the third quarter worth about $26,000. CIBC Private Wealth Group LLC acquired a new position in shares of Firefly Aerospace in the third quarter worth about $26,000. California State Teachers Retirement System acquired a new position in shares of Firefly Aerospace in the fourth quarter worth about $30,000. Russell Investments Group Ltd. acquired a new position in shares of Firefly Aerospace in the fourth quarter worth about $38,000. Finally, NBC Securities Inc. acquired a new position in shares of Firefly Aerospace in the fourth quarter worth about $38,000.

Firefly Aerospace Stock Performance

NASDAQ:FLY opened at $36.61 on Wednesday. Firefly Aerospace has a twelve month low of $16.00 and a twelve month high of $73.80. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $24.86 and a 200-day moving average of $24.69. The firm has a market cap of $5.86 billion and a price-to-earnings ratio of -3.98.

Firefly Aerospace (NASDAQ:FLY - Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.48) by $0.10. Firefly Aerospace had a negative net margin of 186.63% and a negative return on equity of 234.80%. The company had revenue of $57.67 million during the quarter. The business's revenue for the quarter was up 541.1% on a year-over-year basis.

Firefly Aerospace Company Profile

Firefly Aerospace NASDAQ: FLY is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly's product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.

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