FY2026 Earnings Forecast for FLY Issued By KeyCorp

Firefly Aerospace, Inc. (NASDAQ:FLY) – Research analysts at KeyCorp issued their FY2026 earnings estimates for shares of Firefly Aerospace in a note issued to investors on Sunday, June 14th. KeyCorp analyst M. Leshock expects that the company will earn ($2.07) per share for the year. KeyCorp has a “Overweight” rating and a $50.00 price objective on the stock. The consensus estimate for Firefly Aerospace’s current full-year earnings is ($1.95) per share. KeyCorp also issued estimates for Firefly Aerospace’s Q4 2026 earnings at ($0.56) EPS and FY2027 earnings at ($1.18) EPS.

Firefly Aerospace (NASDAQ:FLY) last issued its quarterly earnings results on Monday, May 4th. The company reported ($0.46) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.04. Firefly Aerospace had a negative net margin of 181.16% and a negative return on equity of 40.96%. The company had revenue of $80.88 million for the quarter. During the same period last year, the firm posted ($5.09) earnings per share. Firefly Aerospace’s quarterly revenue was up 44.8% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on the company. Roth Mkm increased their target price on Firefly Aerospace from $35.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings lowered Firefly Aerospace from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Morgan Stanley raised their price objective on shares of Firefly Aerospace from $33.00 to $37.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Jefferies Financial Group reiterated a “buy” rating and issued a $52.00 target price on shares of Firefly Aerospace in a research note on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $35.00 price target on shares of Firefly Aerospace in a report on Tuesday, May 5th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.20.

Firefly Aerospace Stock Down 7.2%

FLY stock opened at $30.95 on Wednesday. The stock has a fifty day moving average of $39.74 and a 200-day moving average of $29.45. Firefly Aerospace has a fifty-two week low of $16.00 and a fifty-two week high of $73.80. The company has a market capitalization of $4.96 billion and a price-to-earnings ratio of -3.80. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.53 and a current ratio of 2.53.

Hedge Funds Weigh In On Firefly Aerospace

Several hedge funds and other institutional investors have recently modified their holdings of FLY. TD Asset Management Inc purchased a new position in Firefly Aerospace during the third quarter valued at $4,353,000. LBP AM SA increased its stake in shares of Firefly Aerospace by 265.5% in the 4th quarter. LBP AM SA now owns 223,855 shares of the company’s stock worth $5,008,000 after acquiring an additional 162,617 shares in the last quarter. Liontrust Investment Partners LLP purchased a new position in Firefly Aerospace during the 3rd quarter valued at about $1,790,000. Hudson Bay Capital Management LP purchased a new position in Firefly Aerospace during the 3rd quarter valued at about $50,711,000. Finally, AE Industrial Partners LP bought a new stake in Firefly Aerospace during the third quarter worth about $1,063,863,000.

Insider Transactions at Firefly Aerospace

In other news, General Counsel David Leigh Wheeler sold 3,765 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $45.12, for a total value of $169,876.80. Following the completion of the sale, the general counsel owned 142,758 shares of the company’s stock, valued at approximately $6,441,240.96. This represents a 2.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.50% of the stock is currently owned by corporate insiders.

Firefly Aerospace News Roundup

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

• Positive Sentiment: KeyBanc upgraded Firefly Aerospace and said the stock has meaningful upside tied to lunar exploration, national security programs, and growth in the commercial space market, which helped fuel a recent rebound. Why Is Firefly Aerospace Stock Soaring Monday?
• Positive Sentiment: KeyCorp reiterated an Overweight rating and a $50 price target, with earnings estimates that suggest analysts still see long-term value in Firefly despite current losses.
• Positive Sentiment: Several market reports said the SpaceX-fueled selloff in space stocks may have been overdone and highlighted Firefly as a potential beneficiary if sentiment stabilizes. Rocket Lab and Firefly get upgrades. Why the space selloff was ‘unwarranted’
• Neutral Sentiment: Fresh reporting on SciTec’s CBC2 award is raising questions about whether it could reshape Firefly’s defense-software narrative, but the impact on near-term fundamentals is still unclear. Is SciTec’s New CBC2 Award Quietly Reframing Firefly Aerospace’s (FLY) Defense Software Narrative?
• Negative Sentiment: Firefly is under pressure along with Planet Labs and Intuitive Machines as investors rush toward SpaceX, creating broad selling in the space sector. Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX

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.