Firefly Aerospace, Inc. (NASDAQ:FLY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Firefly Aerospace, Inc. (NASDAQ:FLY) have received an average rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $52.2857.

A number of brokerages have commented on FLY. Morgan Stanley began coverage on Firefly Aerospace in a research note on Tuesday, September 2nd. They set an “equal weight” rating and a $52.00 price objective on the stock. Zacks Research upgraded Firefly Aerospace to a “hold” rating in a research note on Thursday, September 4th. Jefferies Financial Group upgraded Firefly Aerospace to a “strong-buy” rating in a research note on Tuesday, September 2nd. Roth Capital set a $40.00 price target on Firefly Aerospace in a research note on Tuesday, September 30th. Finally, The Goldman Sachs Group began coverage on Firefly Aerospace in a research note on Tuesday, September 2nd. They issued a “neutral” rating and a $54.00 price target on the stock.

Firefly Aerospace Stock Performance

Shares of FLY opened at $26.92 on Wednesday. The stock’s 50-day moving average is $37.94. Firefly Aerospace has a 12 month low of $25.50 and a 12 month high of $73.80.

Firefly Aerospace (NASDAQ:FLY) last issued its quarterly earnings data on Monday, September 22nd. The company reported ($5.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($4.88). The business had revenue of $15.55 million during the quarter, compared to the consensus estimate of $15.19 million. Firefly Aerospace has set its FY 2025 guidance at EPS.

Firefly Aerospace Company Profile

Firefly Aerospace is a market leading space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. Our mission is to enable responsive, regular, and reliable launch, transit, and operations in space for our customers across the globe.