Roth Capital Cuts Earnings Estimates for Firefly Aerospace

Firefly Aerospace, Inc. (NASDAQ:FLY) – Analysts at Roth Capital cut their Q4 2025 earnings per share (EPS) estimates for shares of Firefly Aerospace in a research note issued on Monday, November 24th. Roth Capital analyst S. Desilva now expects that the company will post earnings of ($0.49) per share for the quarter, down from their prior forecast of ($0.34). Roth Capital has a “Buy” rating on the stock. Roth Capital also issued estimates for Firefly Aerospace’s Q1 2026 earnings at ($0.55) EPS, Q2 2026 earnings at ($0.53) EPS, Q3 2026 earnings at ($0.51) EPS, Q4 2026 earnings at ($0.43) EPS and FY2026 earnings at ($2.02) EPS.

Firefly Aerospace (NASDAQ:FLY) last issued its earnings results on Wednesday, November 12th. The company reported ($0.33) earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.09. The business had revenue of $30.78 million for the quarter, compared to analyst estimates of $28.93 million. Firefly Aerospace’s revenue was up 37.5% on a year-over-year basis. Firefly Aerospace has set its FY 2025 guidance at EPS.

A number of other analysts have also recently issued reports on FLY. Morgan Stanley decreased their target price on Firefly Aerospace from $52.00 to $27.00 and set an “equal weight” rating for the company in a research report on Monday, November 17th. Wall Street Zen downgraded Firefly Aerospace from a “hold” rating to a “sell” rating in a report on Friday, September 5th. The Goldman Sachs Group initiated coverage on shares of Firefly Aerospace in a research report on Thursday, November 20th. They set a “neutral” rating and a $29.00 target price on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Firefly Aerospace from a “hold” rating to a “buy” rating and reduced their price target for the company from $40.00 to $30.00 in a research report on Thursday, November 13th. Finally, Zacks Research raised shares of Firefly Aerospace to a “hold” rating in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $38.43.

Firefly Aerospace Price Performance

NASDAQ FLY opened at $17.34 on Wednesday. The company has a fifty day moving average of $27.49. Firefly Aerospace has a 1 year low of $16.00 and a 1 year high of $73.80.

Hedge Funds Weigh In On Firefly Aerospace

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new position in Firefly Aerospace in the 3rd quarter valued at $26,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Firefly Aerospace in the 3rd quarter worth $26,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Firefly Aerospace in the third quarter valued at about $55,000. SBI Securities Co. Ltd. acquired a new position in shares of Firefly Aerospace during the third quarter worth about $74,000. Finally, Sandia Investment Management LP acquired a new stake in Firefly Aerospace in the third quarter valued at about $147,000.

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.