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FLY

Firefly Aerospace Inc.

FLY

NASDAQ·Industrials·Aerospace & Defense·Mkt cap $3.6B

$21.67

+2.90%

P/E

-9.07

Mkt Cap

$3.6B

52-Wk Range

$16.00–$62.17

52-Week Range

$16.00 - $62.17

P/E

-9.07

Fwd P/E

-11.70

Beta

0.72

Div Yield

0.00%

Avg Vol

5.6M

Shares Out

160.1M

Mkt Cap

$3.6B

Price action

Price chart

Down 49.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Integrated launch-to-operations platform reducing customer friction and costs
  • Responsive launch capability addressing government and commercial demand for rapid space access
  • Lunar infrastructure positioning ahead of commercial lunar economy expansion
  • Diversified revenue streams across launch, logistics, and imaging services

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Strong growth ahead

Increased U.S. government space spending and national security priorities

Value

Deep value opportunity - significant discount to Defense Prime Contractors peers

Momentum

Falling

-40.0% over 3m

Quality

Thin

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 28, 2026

Q3 26 RECAP

AUG 11, 2026

Reported EPS of -$0.42 vs -$0.51 consensus (+18.1% surprise). Revenue of $117.7M vs $88.2M expected (+33.4%). Beat on both top and bottom lines.

EPS beat +18.1%
Rev beat +33.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+18.1%

Revenue trend · last 8Q

+572%

-26%

+270%

+174%

+45%

+657%

Q1 24

Q2 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$8.3M

$21.1M

$55.9M

$15.5M

$30.8M

$57.7M

$80.9M

$117.7M

Margins · last 8Q

Gross

20.3%

Operating

-80.9%

Profit

-78.5%

Wall Street consensus

6 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

67%

Hold

2

33%

Sell

0%

Median Price Target

Latest: Roth Capital · Aug 12, 2026

vs Industry

How FLY stacks vs Aerospace & Defense

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.