Firefly Aerospace Faces Class Action Lawsuit Over $80.3 Million Loss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: Globenewswire
- Class Action Initiated: Firefly Aerospace is facing a class action lawsuit from investors alleging false statements during its August 7, 2025 IPO, covering the period from August 7 to September 29, 2025, indicating a significant crisis in market trust for the company.
- Financial Loss Disclosure: In its September 22, 2025 earnings report, Firefly Aerospace revealed a staggering loss of $80.3 million for Q2 2025, compared to a loss of $58.7 million in the same quarter of 2024, highlighting a severe decline in the company's profitability.
- Revenue Decline: The company reported revenue of $15.55 million for Q2 2025, falling short of analyst expectations of $17.25 million and down 26.2% year-over-year, indicating a significant impact on its market competitiveness.
- Stock Price Plunge: Following the earnings report, Firefly Aerospace's stock price dropped over 15%, and after disclosing issues with the Alpha rocket on September 29, the stock fell more than 20%, reflecting extreme investor concern regarding the company's future prospects.
Analyst Views on FLY
Wall Street analysts forecast FLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLY is 42.29 USD with a low forecast of 27.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 22.370
Low
27.00
Averages
42.29
High
65.00
Current: 22.370
Low
27.00
Averages
42.29
High
65.00
About FLY
Firefly Aerospace Inc. is a space and defense technology company. The Company provides comprehensive mission solutions to national security, government, and commercial customers. It has designed, developed, and deployed its vehicles and dynamic spacecraft solutions to support critical customer missions across the space domain. It has a differentiated and scalable platform of Launch and Spacecraft Solutions with flight heritage. Within Launch, it has two offerings built on common technologies: Alpha and Eclipse. Alpha is a United States-based orbital rocket in the 1,000 kilograms class to successfully reach orbit, with four launches completed. Eclipse, a reusable and scaled up version of Alpha. Its Spacecraft Solutions include Blue Ghost lander (Blue Ghost) and Elytra offerings, highlight the heritage of common technologies from its launch vehicles. Blue Ghost Lander and Elytra are highly maneuverable spacecraft enabled by high-performance rocket engine technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
