Firefly Aerospace remains attractive for a speculative buy, despite a reduced price target of $37.38 and a recent 27% stock surge. Recent positives include Russell 2000/3000 index inclusion, a Volta Space partnership, and the appointment of an experienced COO from Boeing. FLY's valuation is now based on a 3x EV/Sales multiple for 2026, offering approximately 60% upside from current levels.
FLY's Q3 results may reflect strong launch and defense demand, though higher R&D costs are likely to have weighed on earnings.
Firefly Aerospace is well positioned in the space sector, with strong NASA partnerships and a growing backlog, despite recent stock lows. FLY's solid financial footing post-IPO enables continued innovation, while the SciTec acquisition expands its presence in the national security and defense markets. Although the Alpha Flight 7 setback highlights technical risks, the company's diversified growth drivers and major contracts support a positive long-term outlook.
| Aerospace & Defense Industry | Industrials Sector | Mr. Jason Kim CEO | NYSE Exchange | US34407D1090 ISIN |
| US Country | 780 Employees | - Last Dividend | - Last Split | 7 Aug 2025 IPO Date |
Firefly Aerospace Inc. is a prominent space and defense technology company that provides comprehensive mission solutions tailored for national security, government, and commercial customers. Established in 2017 and headquartered in Cedar Park, Texas, Firefly Aerospace has rapidly positioned itself as a leader in developing innovative technologies designed to ensure reliable launch, transit, and operations in the rapidly expanding arena of space exploration and defense. The company's mission encompasses enabling seamless access to space through an array of advanced, integrated launch, and space services technology.
Firefly Aerospace Inc. offers a diverse portfolio of products and services designed to meet the evolving needs of space travel, exploration, and defense. These include: