Firefly Aerospace (FLY) Stock Rises After Morgan Stanley Raises Price Target by 22% to $33
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
0mins
Source: Fool
- Price Target Increase: Morgan Stanley analyst Kristine Liwag raised Firefly Aerospace's price target by 22% to $33 per share, although the stock is currently trading above this target, indicating cautious optimism about its future performance.
- Stock Price Surge: As of 10:30 a.m. ET Friday, Firefly's stock rose 12.2% to $32.58, with a market cap of $4.7 billion, reflecting investor interest in its potential growth prospects.
- Profitability Concerns: Firefly is burning cash at a rate of about $200 million per year, with total sales of $111 million over the last 12 months, resulting in a price-to-sales ratio exceeding 47 times, significantly higher than the historical 4x sales valuation for unprofitable space stocks, highlighting valuation risks.
- Market Focus: Analysts note that investors are watching how launch service providers can commercialize new offerings and increase launch cadence, with Firefly's seventh launch planned for Q1 2026, generating significant market anticipation.
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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 34.83 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
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 28.860
Low
27.00
Averages
34.83
High
65.00
Current: 28.860
Low
27.00
Averages
34.83
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.
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