Firefly Aerospace (NASDAQ:FLY) Now Covered by Wells Fargo & Company

Posted by Brian Himes on Jul 27th, 2026

Wells Fargo & Company assumed coverage on shares of Firefly Aerospace (NASDAQ:FLY – Get Free Report) in a report released on Monday. The firm set an “equal weight” rating and a $25.00 price target on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 26.97% from the company’s current price.

FLY has been the subject of a number of other research reports. The Goldman Sachs Group boosted their price target on Firefly Aerospace from $29.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Jefferies Financial Group reiterated a “buy” rating and issued a $52.00 target price on shares of Firefly Aerospace in a research report on Tuesday, June 2nd. KeyCorp raised shares of Firefly Aerospace from a “sector weight” rating to an “overweight” rating and set a $50.00 target price for the company in a report on Monday, June 15th. B. Riley Financial started coverage on shares of Firefly Aerospace in a report on Wednesday, May 6th. They set a “buy” rating and a $60.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $35.00 price objective on shares of Firefly Aerospace in a research report on Tuesday, May 5th. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $40.64.

View Our Latest Stock Analysis on FLY

Firefly Aerospace Stock Performance

Shares of Firefly Aerospace stock opened at $19.69 on Monday. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.02. The company has a market cap of $3.16 billion and a PE ratio of -2.42. The company has a 50 day moving average of $32.60 and a 200-day moving average of $30.09. Firefly Aerospace has a 1-year low of $16.00 and a 1-year high of $73.80.

Firefly Aerospace (NASDAQ:FLY – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported ($0.46) earnings per share (EPS) for the quarter, beating 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 business had revenue of $80.88 million for the quarter. During the same period last year, the business earned ($5.09) earnings per share. The business’s revenue was up 44.8% compared to the same quarter last year. As a group, equities research analysts forecast that Firefly Aerospace will post -1.97 earnings per share for the current fiscal year.

Insider Transactions at Firefly Aerospace

In other Firefly Aerospace news, General Counsel David Leigh Wheeler sold 3,765 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $45.12, for a total value of $169,876.80. Following the completion of the transaction, the general counsel owned 142,758 shares of the company’s stock, valued at $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 available at this link. 7.50% of the stock is currently owned by insiders.

Institutional Trading of Firefly Aerospace

Several hedge funds and other institutional investors have recently made changes to their positions in FLY. BNP Paribas Financial Markets bought a new position in Firefly Aerospace in the 3rd quarter valued at approximately $26,000. CIBC Private Wealth Group LLC acquired a new position in Firefly Aerospace in the 3rd quarter valued at approximately $26,000. California State Teachers Retirement System acquired a new position in Firefly Aerospace in the 4th quarter valued at approximately $30,000. NBC Securities Inc. bought a new position in shares of Firefly Aerospace during the fourth quarter valued at $38,000. Finally, KBC Group NV acquired a new position in shares of Firefly Aerospace during the first quarter worth $38,000.

About Firefly Aerospace

(Get Free Report)

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.