Wall Street Zen Downgrades Firefly Aerospace (NASDAQ:FLY) to Sell

Posted by Brenda Bartman on Sep 21st, 2026

Firefly Aerospace (NASDAQ:FLY – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Several other research firms also recently commented on FLY. KeyCorp raised shares of Firefly Aerospace from a “sector weight” rating to an “overweight” rating and set a $50.00 price target on the stock in a research note on Monday, June 15th. Roth Capital cut their price objective on shares of Firefly Aerospace from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Weiss Ratings upgraded shares of Firefly Aerospace from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. B. Riley Financial lowered their price target on shares of Firefly Aerospace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group set a $35.00 price target on shares of Firefly Aerospace in a research report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $36.82.

Read Our Latest Analysis on FLY

Firefly Aerospace Price Performance

FLY opened at $20.97 on Friday. The company has a current ratio of 2.73, a quick ratio of 2.73 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $3.51 billion and a P/E ratio of -7.13. The stock has a 50-day moving average price of $22.19 and a 200-day moving average price of $29.41. Firefly Aerospace has a 12-month low of $16.00 and a 12-month high of $62.17.

Firefly Aerospace (NASDAQ:FLY – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.42) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.08. The company had revenue of $117.68 million for the quarter. Firefly Aerospace had a negative return on equity of 22.28% and a negative net margin of 126.64%.The business’s quarterly revenue was up 659.2% on a year-over-year basis. During the same period in the prior year, the business posted ($5.78) earnings per share. Equities analysts predict that Firefly Aerospace will post -2.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Carlson Financial Inc. grew its position in shares of Firefly Aerospace by 8.8% in the 2nd quarter. Carlson Financial Inc. now owns 8,211 shares of the company’s stock worth $241,000 after buying an additional 667 shares during the last quarter. KBC Group NV bought a new position in shares of Firefly Aerospace during the first quarter valued at approximately $38,000. Integrated Wealth Concepts LLC bought a new position in shares of Firefly Aerospace during the second quarter valued at approximately $56,000. First Trust Advisors LP lifted its stake in Firefly Aerospace by 7.1% in the first quarter. First Trust Advisors LP now owns 32,235 shares of the company’s stock worth $918,000 after acquiring an additional 2,127 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in Firefly Aerospace by 398.0% in the first quarter. Parallel Advisors LLC now owns 2,953 shares of the company’s stock valued at $84,000 after acquiring an additional 2,360 shares in the last quarter.

Firefly Aerospace Company Profile

(Get Free Report)

Firefly Aerospace, Inc is a space transportation company that develops launch vehicles, lunar landers and spacecraft designed to support commercial, civil and national-security missions. The company provides end-to-end space services, including payload delivery, lunar surface operations and in-space transportation.

Its principal products include the Alpha rocket, a small-to-medium lift launch vehicle designed to place satellites and other payloads into orbit; the Blue Ghost lunar lander, developed to deliver scientific and commercial payloads to the Moon; and Elytra, an orbital vehicle intended to provide in-space transportation and mission services.