Firefly Aerospace Faces Class Action Lawsuit Post-IPO, Losses Exceed $80 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18h ago
0mins
Source: Globenewswire
- Class Action Initiated: Faruqi & Faruqi LLP is investigating potential claims against Firefly Aerospace following its IPO on August 7, 2025, where it sold 19.296 million shares at $45 each, resulting in significant investor losses.
- Poor Financial Performance: Firefly reported a loss of $80.3 million in Q2 2025, a 36.8% increase from $58.7 million in Q2 2024, with revenue of $15.55 million falling short of analyst expectations of $17.25 million, highlighting severe financial challenges.
- Technical Failures Impact: On September 29, 2025, Firefly disclosed a failure in the first stage of its Alpha Flight 7 rocket, raising significant doubts about the company's technology viability, especially after CEO's prior assurance of an imminent launch.
- Stock Price Volatility: Following the financial report and technical failures, Firefly's stock price plummeted by 15.31% on September 23 and 20.73% on September 30, reflecting strong market concerns regarding its 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: 27.350
Low
27.00
Averages
42.29
High
65.00
Current: 27.350
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.
