Analysts’ Weekly Ratings Updates for Firefly Aerospace (FLY)

Several brokerages have updated their recommendations and price targets on shares of Firefly Aerospace (NASDAQ: FLY) in the last few weeks:

• 5/9/2026 – Firefly Aerospace was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/6/2026 – Firefly Aerospace is now covered by B. Riley Financial, Inc.. They set a “buy” rating and a $60.00 price target on the stock.
• 5/5/2026 – Firefly Aerospace had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $35.00 price target on the stock.
• 5/5/2026 – Firefly Aerospace had its price target raised by Morgan Stanley from $33.00 to $37.00. They now have an “equal weight” rating on the stock.
• 4/24/2026 – Firefly Aerospace was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
• 4/20/2026 – Firefly Aerospace had its price target raised by The Goldman Sachs Group, Inc. from $29.00 to $32.00. They now have a “neutral” rating on the stock.
• 4/18/2026 – Firefly Aerospace was upgraded by Wall Street Zen from “sell” to “hold”.
• 4/17/2026 – Firefly Aerospace had its price target raised by Roth Mkm from $35.00 to $60.00. They now have a “buy” rating on the stock.
• 4/13/2026 – Firefly Aerospace had its price target raised by Jefferies Financial Group Inc. from $40.00 to $45.00. They now have a “buy” rating on the stock.
• 3/26/2026 – Firefly Aerospace had its price target lowered by Cantor Fitzgerald from $65.00 to $35.00. They now have an “overweight” rating on the stock.

Insider Buying and Selling

In other Firefly Aerospace news, General Counsel David Leigh Wheeler sold 3,766 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $45.04, for a total value of $169,620.64. Following the sale, the general counsel owned 142,758 shares of the company’s stock, valued at approximately $6,429,820.32. This trade represents a 2.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.50% of the stock is currently owned by company insiders.

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.