Firefly Rocket Launch Success Boosts Stock Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy FLY?
Source: stocktwits
- Successful Launch: Firefly's Alpha rocket successfully launched from Vandenberg Space Force Base in California on Wednesday, deploying a Lockheed Martin payload, marking a significant recovery for the company after a failed launch five months prior.
- Stock Surge: Following the successful launch, Firefly's stock jumped 6.3% on Wednesday and an additional 4.8% in overnight trading, reflecting strong market confidence in its future performance, with retail sentiment climbing into the 'extremely bullish' zone.
- Market Competition: Firefly is seen as a potential challenger to market leader SpaceX, and with this successful launch, it is expected to further solidify its position in the commercial space sector, particularly in the U.S. Golden Dome program.
- Analyst Ratings: According to Koyfin, five out of eight analysts currently recommend 'Buy' or higher for FLY shares, with an average price target of $38.29, implying nearly a 90% upside from the last close, indicating optimistic market expectations for Firefly's future growth.
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Analyst Views on FLY
Wall Street analysts forecast FLY stock price to fall
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 42.380
Low
27.00
Averages
34.83
High
65.00
Current: 42.380
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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