Firefly Aerospace (NASDAQ:FLY) Stock Gets Price Target Boost from Barclays

Firefly Aerospace (NASDAQ:FLY) had its price objective hoisted by stock analysts at Barclays from $34.00 to $35.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price target suggests a potential upside of 35.62% from the company’s current price.

Several other research firms have also recently issued reports on FLY. Jefferies Financial Group reissued a “buy” rating on shares of Firefly Aerospace in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Firefly Aerospace in a research note on Tuesday, September 22nd. Wells Fargo & Company started coverage on Firefly Aerospace in a research note on Monday, July 27th. They issued an “equal weight” rating and a $25.00 price target for the company. Roth Capital cut their price target on shares of Firefly Aerospace from $60.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $35.00 price objective on shares of Firefly Aerospace in a research report on Wednesday, August 12th. Seven research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Firefly Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $35.75.

Firefly Aerospace Trading Up 8.9%

Shares of NASDAQ FLY traded up $2.11 during trading hours on Wednesday, hitting $25.81. The company’s stock had a trading volume of 1,951,535 shares, compared to its average volume of 4,866,729. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.73 and a current ratio of 2.73. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of -8.82 and a beta of 0.84. Firefly Aerospace has a 12 month low of $14.44 and a 12 month high of $62.17. The business has a 50-day simple moving average of $20.43 and a 200-day simple moving average of $26.77.

Firefly Aerospace (NASDAQ:FLY) last announced its quarterly earnings results on Tuesday, November 10th. The company reported ($0.45) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.15. Firefly Aerospace had a negative return on equity of 22.28% and a negative net margin of 126.64%. The company had revenue of $110.68 million for the quarter. During the same quarter in the prior year, the firm earned ($0.33) EPS. The firm’s revenue for the quarter was up 259.4% on a year-over-year basis. On average, analysts anticipate that Firefly Aerospace will post -2.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of Firefly Aerospace by 6.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,511 shares of the company’s stock valued at $220,000 after purchasing an additional 567 shares during the period. Carlson Financial Inc. grew its stake in Firefly Aerospace by 8.8% in the second quarter. Carlson Financial Inc. now owns 8,211 shares of the company’s stock worth $241,000 after purchasing an additional 667 shares during the period. KBC Group NV purchased a new stake in Firefly Aerospace in the first quarter worth $38,000. Avidian Wealth Enterprises LLC grew its stake in Firefly Aerospace by 8.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 19,412 shares of the company’s stock worth $449,000 after purchasing an additional 1,442 shares during the period. Finally, Vontobel Holding Ltd. raised its holdings in Firefly Aerospace by 12.6% in the third quarter. Vontobel Holding Ltd. now owns 15,830 shares of the company’s stock worth $366,000 after purchasing an additional 1,775 shares in the last quarter.

More Firefly Aerospace News

These are some of the FLY news items that stood out recently:

• Positive Sentiment: Japanese satellite operator Synspective agreed to buy up to 10 Alpha rocket launches through 2030, potentially putting as many as 20 of its radar satellites into orbit. The agreement adds long-term commercial demand, though the launches are spread over several years and are not necessarily all guaranteed. Firefly Aerospace Signs Multi-Launch Agreement with Synspective
• Positive Sentiment: Third-quarter revenue rose 259.4% year over year to $110.68 million, and the $0.45-per-share loss was narrower than analysts expected. Firefly also reported a record $1.7 billion backlog, supporting its growth outlook. Firefly Aerospace Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Despite beating estimates, Firefly’s quarterly loss widened from $0.33 per share a year earlier to $0.45. Its substantial negative net margin underscores that rapid revenue growth has not yet translated into profitability. Firefly Aerospace Narrows 3Q Loss as Revenue Takes Off

About Firefly Aerospace

Firefly Aerospace is a space and defense technology company founded in 2017 and headquartered in Cedar Park, Texas. It develops launch vehicles and spacecraft and provides launch, lunar, and in-space transportation services for government and commercial customers. Its products include the Alpha rocket, designed to carry small and medium-sized payloads to orbit, and the Blue Ghost lunar lander, which delivers payloads to the Moon. The company also develops Elytra, an orbital vehicle intended to support missions such as payload transport and in-space operations.