664,099 Shares in Firefly Aerospace, Inc. $FLY Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. bought a new stake in Firefly Aerospace, Inc. (NASDAQ:FLY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 664,099 shares of the company’s stock, valued at approximately $19,471,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AE Industrial Partners LP purchased a new stake in Firefly Aerospace in the 3rd quarter valued at approximately $1,063,863,000. Vanguard Group Inc. purchased a new position in shares of Firefly Aerospace during the 3rd quarter worth approximately $53,409,000. Hudson Bay Capital Management LP acquired a new stake in shares of Firefly Aerospace in the 3rd quarter valued at approximately $50,711,000. Capital World Investors acquired a new stake in shares of Firefly Aerospace in the 3rd quarter valued at approximately $35,337,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Firefly Aerospace in the third quarter valued at approximately $19,899,000.

Analysts Set New Price Targets

FLY has been the topic of several research analyst reports. KeyCorp initiated coverage on shares of Firefly Aerospace in a research report on Thursday, December 18th. They set a “sector weight” rating on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Firefly Aerospace in a research note on Monday, December 29th. UBS Group set a $33.00 price objective on shares of Firefly Aerospace in a report on Thursday, March 12th. The Goldman Sachs Group upped their target price on shares of Firefly Aerospace from $29.00 to $32.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Finally, Morgan Stanley reiterated a “positive” rating on shares of Firefly Aerospace in a research report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.88.

Firefly Aerospace Trading Up 16.0%

Firefly Aerospace stock opened at $27.53 on Thursday. The stock has a 50-day moving average price of $23.71 and a 200 day moving average price of $25.83. Firefly Aerospace, Inc. has a 52 week low of $16.00 and a 52 week high of $73.80. The stock has a market cap of $4.40 billion and a PE ratio of -3.00. The company has a current ratio of 4.51, a quick ratio of 6.20 and a debt-to-equity ratio of 0.24.

Firefly Aerospace (NASDAQ:FLY) last issued its quarterly earnings results 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 return on equity of 234.80% and a negative net margin of 186.63%.The company had revenue of $57.67 million during the quarter. The company’s revenue was up 541.1% on a year-over-year basis.

Key Firefly Aerospace News

Here are the key news stories impacting Firefly Aerospace this week:

• Positive Sentiment: SpaceX IPO reports are lifting the whole space sector, sending aerospace and satellite names higher and benefiting Firefly as a peer in the sector; this market-wide uplift is a key driver of FLY’s move. SpaceX IPO excitement sends space stocks soaring as Wall Street prepares for blockbuster offering
• Positive Sentiment: Multiple outlets reported SpaceX could file an IPO prospectus imminently, which has triggered sector rotation into smaller rocket makers and suppliers, including Firefly. Firefly Aerospace Stock Surges As SpaceX Plans IPO Reveal
• Positive Sentiment: CNBC cited broad rallies in space names after the SpaceX filing reports — Firefly was named among the big winners as traders rotated into rocket-makers. Space stocks rally on reports of SpaceX’s imminent IPO filing
• Positive Sentiment: Unusually large call-option buying: about 28,970 call contracts traded (a ~171% jump vs. typical volume), indicating speculative bullish positioning that can amplify upward intraday pressure on the stock. (Reported trading data)
• Positive Sentiment: Operational/contract signal: Firefly supported Lockheed Martin in two responsive-space exercises for the U.S. Space Force (VICTUS DIEM), reinforcing its defense relationships and program relevance — a fundamental positive for longer-term revenue credibility. Firefly Aerospace Supports U.S. Space Force VICTUS DIEM Exercise
• Neutral Sentiment: Roundups and “movers” lists included FLY as a notable gainer today; these mentions track the price move but are not standalone catalysts. These stocks are today’s movers: Arm, Intel, AMD, Firefly Aerospace, Robinhood, JD.com, Sarepta, and more
• Neutral Sentiment: Short-interest data entries appear to show a reporting anomaly (0 shares / NaN changes across March snapshots). No clear short-covering signal is evident from the provided short interest figures. (Internal data)

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.