Firefly Aerospace, Inc. (NASDAQ:FLY) Receives $55.17 Average Target Price from Analysts

Shares of Firefly Aerospace, Inc. (NASDAQ:FLY) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $55.1667.

A number of research firms have commented on FLY. Cantor Fitzgerald began coverage on shares of Firefly Aerospace in a research note on Tuesday. They issued an “overweight” rating and a $65.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of Firefly Aerospace in a research note on Tuesday. They issued an “overweight” rating and a $55.00 price objective on the stock. Wall Street Zen upgraded shares of Firefly Aerospace to a “hold” rating in a research note on Sunday, August 17th. The Goldman Sachs Group initiated coverage on shares of Firefly Aerospace in a report on Tuesday. They issued a “neutral” rating and a $54.00 target price on the stock. Finally, Jefferies Financial Group raised shares of Firefly Aerospace to a “strong-buy” rating in a report on Tuesday.

Firefly Aerospace Price Performance

NASDAQ FLY opened at $42.82 on Tuesday. Firefly Aerospace has a one year low of $42.27 and a one year high of $73.80.

About Firefly Aerospace

Firefly Aerospace is a market leading space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. Our mission is to enable responsive, regular, and reliable launch, transit, and operations in space for our customers across the globe.